NOT LISTED FOR SALE

1958 Oberlin Ave Lorain, OH 44052

Estimated Value: $72,000 - $91,628

3 Beds
1.5 Baths
1,354 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $71,000 $52 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $548/month

2 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Enclosed patio or porch
  • Bungalow

About This Home

As of March 2024

Multiple offers deadline: 2-22-24 3:00PM EST. Nice investment property within the heart of Lorain. Walk to the football games...this tenant occupied home can give you the passive income you are looking for. Lots of light in the living room, ample sized kitchen with plenty of cabinet/counter top space. Flowing floorplan. Basement has plenty of storage and laundry hookups. Tenant pays $1,140/month on time and all utilities. Gas furnace, new central air unit. Front enclosed porch. Corner lot. Seller will not make any repairs, property sold in as-is condition. Buyers to perform own due diligence and verify all property condition and information. Conventional/cash/DSCR loan ok. Properties are available as a portfolio as well. Inquire with listing agent. MLS #5018959 ,#5018895,#5018881,#5018757,#5018618,#5018346,#5018706,#5018608,#5018353,#5018350,#5018743.

Last Listed By

Rebecca Bauer

Realtywise, Inc. Brokerage Email: 440-444-1307 rbauer@realtywise.com License #2003011130 Listed on: 02/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,354 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Oakland Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-025-117-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,201

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: 440-444-1307 rbauer@realtywise.com
  • Subdivision Name: Oakland Add
  • Above Grade Finished Sq Ft: 1354.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.12
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Block, Other
  • Patio And Porch Features: Enclosed, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Paved

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-025-117-037
  • LandLeaseYN: No
  • Lot Dimensions: 50X100
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1201.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Mar 19, 2024
Sold by
Gdv Lorain Llc
Bought by
Tpg Cleveland Llc
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
Tal Tamir
Russell Real Estate Services
List Price
$55,000
Sold Price
$71,000
Premium/Discount to List
$16,000
29.09%
Total Days on Market
2
Views
14
Current Estimated Value
$80,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,407
Avg. Annual Appreciation
11.22%
Original Mortgage
$0
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2019
Sold by
Akin Deborah J and Allen Akin J
Bought by
Goodday Ventures Llc

Purchase Details

Closed on
Oct 30, 2015
Sold by
Voigtpartlow Carol J and Voigtpartlow Carol J
Bought by
Snyder Shelley L

Purchase Details

Closed on
Jul 18, 2007
Sold by
Fannie Mae
Bought by
Akin Deborah J

Purchase Details

Closed on
Dec 28, 2006
Sold by
Johnson Judina A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 26, 2001
Sold by
Machovina Denise L
Bought by
Johnson Judina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.03%

Purchase Details

Closed on
Jun 18, 1998
Sold by
Brown Bernice M
Bought by
Machovina Denise L

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tpg Cleveland Llc $71,000 None Listed On Document
Goodday Ventures Llc -- None Available
Snyder Shelley L -- --
Akin Deborah J $20,000 Phoenix Title Agency
Federal National Mortgage Association $38,000 None Available
Johnson Judina A -- Guardian Title
Machovina Denise L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tpg Cleveland Llc $0
Previous Owner Gdv Lorain Llc $690,150
Previous Owner Johnson Judina A $83,000
Previous Owner Johnson Judina A $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $71,000 -16.5% $52 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $85,000 +54.5% $63 / Sq Ft
02/20/2024 02/20/24 For Sale $55,000 -- $41 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,225 $29,001 $3,444 $25,557
2023 $1,092 $20,657 $1,561 $19,096
2022 $1,082 $20,657 $1,561 $19,096
2021 $1,082 $20,657 $1,561 $19,096
2020 $1,101 $18,260 $1,380 $16,880
2019 $1,095 $18,260 $1,380 $16,880
2018 $1,099 $18,260 $1,380 $16,880
2017 $1,103 $17,330 $3,410 $13,920
2016 $1,094 $17,330 $3,410 $13,920
2015 $1,034 $17,330 $3,410 $13,920
2014 $955 $16,050 $3,160 $12,890
2013 $948 $16,050 $3,160 $12,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5018895

MLS Now

APN: 02-02-025-117-037