NOT LISTED FOR SALE

2224 E 31st St Lorain, OH 44055

Lorain Area
3 Beds
2 Baths
2,466 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: December 13, 2024

Last sale price $100,000 $41 Per Sq Ft

19 Days on Market

Highlights

  • Park
  • Forced Air Heating System
  • North Facing Home

About This Home

As of December 2024

Investors take note! New main roof and the upstairs unit has been renovated with new drywall and paint! This double has lots of potential for the investor seeking a ready to rent unit recently rehabbed. Longer term traditional tenant in the down unit $825/month and tenant would like to stay; the up unit is vacant. Large basement has plenty of storage and laundry hookups. Large backyard perfect for tenant recreational activities. Down unit has pass through to bathroom; could be additional bedroom. Seller will make no further repairs. Professional property mgmt in place. Do not disturb down tenant, this unit can be inspected after accepted offer.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. Brokerage Email: 440-444-1307 rbauer@realtywise.com License #2003011130 Listed on: 10/11/2024

Last Buyer's Agent

Alex Johnson

Real Estate Quest, Inc. License #2007002717

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,029

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • North Facing Home
  • Chain Link Fence

Home Design

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

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 03-00-094-111-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,029

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: 440-444-1307 rbauer@realtywise.com
  • Above Grade Finished Sq Ft: 1569.0
  • 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, Sump Pump, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 897.0
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link
  • Acres: 0.15
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: North
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved

Utilities

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

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-094-111-008

Rental Info

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

Tax Info

  • Tax Annual Amount: 1029.0

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
Oct 11, 2024
Closed on
Dec 15, 2024
Sold by
Bought by
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
Alex Johnson
Real Estate Quest, Inc.
List Price
$94,900
Sold Price
$100,000
Premium/Discount to List
$5,100
5.37%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$73,790
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2019
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$100,000 Miller Home Title
-- American Patriot Title Agcy
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 $75,000
Previous Owner $690,150
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2024 12/13/24 Sold $100,000 +5.4% $41 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $94,900 +312.6% $38 / Sq Ft
10/15/2013 10/15/13 Sold $23,000 -17.6% $15 / Sq Ft View Prior Sale
09/26/2013 09/26/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $27,900 -- $18 / Sq Ft
Source: MLS Now

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
2024 $1,732 $41,003 $4,155 $36,848
2023 $1,029 $19,467 $4,309 $15,159
2022 $1,020 $19,467 $4,309 $15,159
2021 $1,020 $19,467 $4,309 $15,159
2020 $945 $15,680 $3,470 $12,210
2019 $940 $15,680 $3,470 $12,210
2018 $975 $15,680 $3,470 $12,210
2017 $1,009 $15,860 $4,260 $11,600
2016 $1,001 $15,860 $4,260 $11,600
2015 $946 $15,860 $4,260 $11,600
2014 $903 $15,180 $4,080 $11,100
2013 $897 $15,180 $4,080 $11,100
Source: Public Records

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Map

Source: MLS Now

MLS Number: 5073960

MLS Now

APN: 03-00-094-111-008

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