NOT LISTED FOR SALE

233 Georgia Ave Lorain, OH 44052

Lorain Area
4 Beds
4 Baths
6,000 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: June 11, 2021

Last sale price $190,000 $32 Per Sq Ft

15 Days on Market

Highlights

  • Lake View
  • Forced Air Heating and Cooling System
  • Wood Fence
  • 4 Car Detached Garage
  • West Facing Home

About This Home

As of June 2021

Investors don't let this one pass you up!! 4 unit brick apartment building in EXCELLENT condition!! Turnkey does not explain how
great of condition this apartment building is in! Each unit is approximately 850 sq ft., has 2 separate entrances and a designated
finished 1/4 of the basement with individual laundry hook-ups! Each unit has 1 bedroom, a living room with a fireplace, a dining room,
a full size kitchen and can easily be converted into a 2 bedroom unit! There is also a detached 4-car garage that you can rent out as
storage units for even more income! Don't miss out on this money making opportunity!

Last Agent to Sell the Property

Steven Lawson

Russell Real Estate Services License #2020000096 Listed on: 04/13/2021

Russell Real Estate Services

Last Buyer's Agent

Steven Lawson

Russell Real Estate Services License #2020000096 Listed on: 04/13/2021

Russell Real Estate Services
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • West Facing Home
  • Wood Fence

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Lake Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 4 Units
  • Fairhome Allotment/C A Sturtev Community

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-01-003-107-061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,023

Year Built

Built in 1910

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: West
  • Price Per Square Foot: 47.50
  • Estimated Price per Sq Ft: 47.50
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4000
  • Year Built: 1910
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full, Partially Finished
  • Laundry: 4
  • Sq Ft Approx Above Grade Finished: 4000.00
  • Sq Ft Approx Below Grade Finished: 2000.00
  • Sq Ft Approx Total Finished: 6000.00

Exterior Features

  • View: Lake Erie
  • Exterior: Brick
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 4

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air, Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Gas, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Fairhome Allotment/C A Sturtev

Schools

  • School District: Lorain CSD

Lot Info

  • Additional Assessor Parcel Number 1: 0201003107075
  • Additional Assessor Parcel Number 2: 0201003107077
  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 02-01-003-107-061

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3023

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

Closed on
Dec 9, 2024
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2021
Sold by
Bought by

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 10, 2021
Sold by
Bought by
Seller's Agent
Steven Lawson
Russell Real Estate Services
Buyer's Agent
Steven Lawson
Russell Real Estate Services
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
2.9%
Mortgage Type
New Conventional
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
$255,000 Infinity Title
-- None Available
$190,000 Newman Title
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
Previous Owner $142,500
Previous Owner $88,600
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
06/11/2021 06/11/21 Sold $190,000 -5.0% $32 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $200,000 -- $33 / 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 $3,756 $58,800 $5,880 $52,920
2023 $2,958 $37,650 $4,900 $32,750
2022 $2,929 $37,650 $4,900 $32,750
2021 $2,942 $37,650 $4,900 $32,750
2020 $3,023 $37,650 $4,900 $32,750
2019 $2,998 $37,650 $4,900 $32,750
2018 $3,080 $37,650 $4,900 $32,750
2017 $3,378 $39,080 $5,050 $34,030
2016 $3,335 $39,080 $5,050 $34,030
2015 $3,179 $39,080 $5,050 $34,030
2014 $3,143 $39,080 $5,050 $34,030
2013 $3,149 $39,080 $5,050 $34,030
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4270114

MLS Now
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