NOT LISTED FOR SALE

1977 E 42nd St Lorain, OH 44055

Lorain Area

Estimated Value: $135,000 - $172,000

6 Beds
2 Baths
1,944 Sq Ft
$80/Sq Ft Est. Value

About This Home

Ideal opportunity for investor or owner occupant. Rare 3 bedroom townhome duplex on quiet street. Strong rental history. Occupy one unit and let the other pay your mortgage. Or rent both and have positive cash flow.

Last Agent to Sell the Property

Darryl Roberts

Relevant Real Estate Services License #2020006282 Listed on: 09/10/2021

Last Buyer's Agent

Kimberly Lewis

Home Equity Realty Group License #2017004453

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1970

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,944 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 03-00-100-112-006

Community Details

Overview

  • 2 Units
  • Oakwood Acres Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,423

Year Built

Built in 1970

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 60.34
  • Estimated Price per Sq Ft: 60.34
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1944
  • Year Built: 1970
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1944.00
  • Sq Ft Approx Total Finished: 1944.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Oakwood Acres

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 03-00-100-112-006

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Heating

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 1423

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 28, 2021
Sold by
Lesser Jackson
Bought by
Seller's Agent
Darryl Roberts
Relevant Real Estate Services
Buyer's Agent
Kimberly Lewis
Home Equity Realty Group
List Price
$125,000
Sold Price
$117,300
Premium/Discount to List
-$7,700
-6.16%
Current Estimated Value
$155,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,129
Avg. Annual Appreciation
6.12%
Original Mortgage
$87,975
Outstanding Balance
$78,642
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$77,661

Purchase Details

Closed on
Mar 22, 2004
Sold by
Wells James and Wells Bobbie J
Bought by
Wells James and Wells Bobbie J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lorain, OH

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Wells James -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $87,975
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,090 $1,698,684 $1,321,709 $376,975
2025 $20,090 $1,665,457 $1,295,794 $369,663
2024 $19,094 $1,632,802 $1,270,387 $362,415
2023 $18,934 $1,600,787 $1,245,478 $355,309
2022 $18,282 $1,569,400 $1,221,057 $348,343
2021 $17,509 $1,538,628 $1,197,115 $341,513
2019 $16,859 $1,492,994 $1,161,609 $331,385
2018 $17,032 $1,463,721 $1,138,833 $324,888
2017 $16,850 $1,435,021 $1,116,503 $318,518
2016 $16,440 $1,406,884 $1,094,611 $312,273
2015 $16,262 $1,385,752 $1,078,169 $307,583
2014 $15,924 $1,358,608 $1,057,050 $301,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4315968

MLS Now

APN: 03-00-100-112-006

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