NOT LISTED FOR SALE

220 Chestnut St Elyria, OH 44035

4 Beds
2 Baths
2,216 Sq Ft
4,792 Sq Ft Lot

Last Sold December 05, 2024

Last sale price $120,000 $54 Per Sq Ft

About This Home

As of December 2024

**Charming Duplex in Elyria! A Fantastic Investment Opportunity!** Welcome to this beautifully maintained side-by-side duplex located in the heart of Elyria! This property offers the perfect blend of comfort and potential, ideal for both investors and those looking to live in one unit while generating rental income from the other. The duplex features two separate living spaces: one side boasts 2 bedrooms, 1 bath, and a versatile bonus room, while the other side is a spacious 2-bedroom, 1-bath unit and a versatile bonus room, that is currently occupied, providing immediate rental income. Each unit offers private access to walk-up attics and dedicated basements complete with laundry facilities, ensuring convenience and privacy. Enjoy the outdoors with a lovely front porch perfect for morning coffee and a nice back patio for relaxation or entertaining guests. The property has been thoughtfully updated with newer windows, fresh paint, and stylish flooring, making it move-in ready. The roof is in great shape, providing peace of mind with no leaks reported. This duplex not only provides a comfortable living space but also presents an excellent investment opportunity. With one side currently vacant, you have the flexibility to occupy it yourself or rent it out to maximize your income potential. The desirable location in Elyria ensures easy access to local amenities, parks, and schools, making it attractive to future tenants. Don't miss out on this opportunity to own a well-maintained duplex in a growing community. Whether you're looking for a smart investment or a home with income potential, this property checks all the boxes. Schedule your showing today and discover the possibilities that await!

Last Agent to Sell the Property

Sam LoFaso

LoFaso Real Estate Services Brokerage Email: 330-220-4780 sold@samlofaso.com License #2001005546 Listed on: 10/30/2024

Co-Listed By

Joseph Smith

LoFaso Real Estate Services Brokerage Email: 330-220-4780 sold@samlofaso.com License #2020006750

Last Buyer's Agent

Heather Zelenka

Keller Williams Elevate License #2022004425

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Slate Roof
  • Asphalt Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,216 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gravity Heating System

Community Details

  • S B & H Days Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 06-26-056-000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,239

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: 330-220-4780 sold@samlofaso.com
  • Co List Office Phone: 330-220-4780
  • Subdivision Name: S B & H Days
  • Above Grade Finished Sq Ft: 2216.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Unknown
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Appliances: Microwave, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Slate
  • Fencing: None
  • Acres: 0.11
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Lap Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Open, Outside, On Street

Utilities

  • LaundryFeatures: In Basement, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Gravity
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-26-056-000-002
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1239.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2024 12/05/24 Sold $120,000 +4.3% $54 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $115,000 -- $52 / Sq Ft
Source: MLS Now

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 $1,637 $33,264 $6,104 $27,160
2023 $1,239 $21,455 $3,539 $17,917
2022 $1,227 $21,455 $3,539 $17,917
2021 $1,221 $21,455 $3,539 $17,917
2020 $1,233 $19,670 $3,250 $16,420
2019 $1,225 $19,670 $3,250 $16,420
2018 $1,222 $19,670 $3,250 $16,420
2017 $1,216 $18,670 $3,050 $15,620
2016 $1,201 $18,670 $3,050 $15,620
2015 $1,126 $18,670 $3,050 $15,620
2014 $1,169 $18,670 $3,050 $15,620
2013 $1,104 $18,670 $3,050 $15,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5077956

MLS Now

APN: 06-26-056-000-002