NOT LISTED FOR SALE

2391 N Ridge Rd E Lorain, OH 44055

Estimated Value: $138,000

5 Beds
2 Baths
1,736 Sq Ft
$79/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $119,900 $69 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $866/month

88 Days on Market

About This Home

As of October 2022

Investment opportunity! Two homes for the price of one! the front house is a colonial that features 2 bedrooms, 1 bath with a full unfinished basement and is 968 sq ft. The back house is a ranch with 2 bedrooms, a bath and is 768 sq ft. Long term tenants that would like to stay if possible. Both units have new hot water tanks.

Last Agent to Sell the Property

Ryan Cook

Howard Hanna License #2021004556 Listed on: 06/06/2022

Howard Hanna

Last Buyer's Agent

Ryan Cook

Howard Hanna License #2021004556 Listed on: 06/06/2022

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • 2 Buildings
  • 2 Units
  • Liberty Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, pays all, sewer, trash collection, water
  • Assessor Parcel Number 03-00-075-109-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,639

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 69.07
  • Estimated Price per Sq Ft: 69.07
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 1736
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1736.00
  • Sq Ft Approx Total Finished: 1736.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Liberty

Schools

  • School District: Clearview LSD
  • School District: Clearview LSD

Lot Info

  • Additional Assessor Parcel Number 1: 03-00-075-109-025
  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 03-00-075-109-026

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 1375.00
  • Num Of Buildings: 2
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1639

Range of Values:

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Average Value
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Sold Price
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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 Change Sq Ft Price
10/24/2022 10/24/22 Sold $119,900 -4.1% $69 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/06/2022 08/06/22 For Sale $125,000 0.0% $72 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $125,000 -- $72 / 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
2022 $1,442 $25,225 $2,919 $22,306
2021 $1,503 $25,225 $2,919 $22,306
2020 $1,382 $22,030 $2,550 $19,480
2019 $1,543 $22,030 $2,550 $19,480
2018 $1,381 $22,030 $2,550 $19,480
2017 $1,388 $20,000 $1,750 $18,250
2016 $1,395 $20,000 $1,750 $18,250
2015 $1,396 $20,000 $1,750 $18,250
2014 $1,413 $20,980 $1,830 $19,150
2013 $1,398 $20,980 $1,830 $19,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4379515

MLS Now

APN: 03-00-075-109-026