Seller's Agent in 2025
Mike Azzam
RE/MAX
(216) 456-3855
1,886 Total Sales
2500 E 32nd St Lorain, OH 44055
Estimated Value: $104,000 - $166,000
3
Beds
1
Bath
2,062
Sq Ft
$63/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
- No HOA
- Front Porch
About This Home
As of December 2025This solid 3-bed, 1-bath home is tenant-occupied through 12/31/25 at $1,350/month, offering immediate cash flow with potential long-term rental stability for investors. The current tenant is interested in staying beyond lease end. Major mechanicals have been updated: furnace mid-life and hot water tank (2021), vinyl windows throughout, and a mid-life roof and a detached garage. A standout feature is the large rear addition with a private entrance — currently used as a rec room, but offering flexible future potential. Located on a quiet residential street with off-street parking. Strong rental performer with low maintenance — ideal for buy-and-hold investors. Please reach out to co-list for additional photos. All information deemed reliable but not guaranteed — buyer to perform their own due diligence regarding condition, layout, and rental terms. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors!
Last Agent to Sell the Property
RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com 216-232-2187 License #2014004734 Listed on: 06/06/2025
Last Buyer's Agent
RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com 216-232-2187 License #2014004734 Listed on: 06/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,097
Year Built
- Built in 1902
Lot Details
- 5,663
Parking
- 1 Car Detached Garage
Home Design
- Colonial Architecture
- Shingle Roof
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,062 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Additional Features
- Front Porch
- 5,663 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Sheffield Land & Improv C Subdivision
Listing and Financial Details
- Assessor Parcel Number 03-00-081-109-001
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
Jun 6, 2025
Closed on
Dec 8, 2025
Sold by
Bought by
Seller's Agent
Mike Azzam
RE/MAX Haven Realty
Buyer's Agent
Mike Azzam
RE/MAX Haven Realty
List Price
$135,000
Sold Price
$105,000
Premium/Discount to List
-$30,000
-22.22%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,554
Avg. Annual Appreciation
48.66%
Original Mortgage
$84,000
Outstanding Balance
$83,838
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$45,716
Purchase Details
Closed on
Feb 20, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2024
Sold by
Bought by
Purchase Details
Closed on
Feb 15, 2009
Sold by
Bought by
Purchase Details
Closed on
Jan 1, 2006
Sold by
Bought by
Purchase Details
Closed on
Jul 8, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 11, 2004
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $105,000 | Chicago Title | ||
| $110,000 | Black Tie Title | ||
| $5,000,000 | None Listed On Document | ||
| -- | Attorney | ||
| -- | None Available | ||
| -- | Guardian 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 |
|---|---|---|---|
| Open | $84,000 | ||
| Previous Owner | $88,000 | ||
| Previous Owner | $44,000 |
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 |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | Sold | $105,000 | -4.5% | $51 / Sq Ft |
| 10/27/2025 10/27/25 | Pending | -- | -- | -- |
| 10/03/2025 10/03/25 | Price Changed | $109,900 | -4.4% | $53 / Sq Ft |
| 09/10/2025 09/10/25 | Price Changed | $114,900 | -8.1% | $56 / Sq Ft |
| 07/30/2025 07/30/25 | Price Changed | $125,000 | -7.4% | $61 / Sq Ft |
| 06/06/2025 06/06/25 | For Sale | $135,000 | -- | $65 / 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 | $2,097 | $49,623 | $3,920 | $45,703 |
| 2023 | $1,143 | $21,644 | $4,064 | $17,581 |
| 2022 | $1,134 | $21,644 | $4,064 | $17,581 |
| 2021 | $1,133 | $21,644 | $4,064 | $17,581 |
| 2020 | $1,050 | $17,420 | $3,270 | $14,150 |
| 2019 | $1,045 | $17,420 | $3,270 | $14,150 |
| 2018 | $1,045 | $17,420 | $3,270 | $14,150 |
| 2017 | $1,250 | $19,650 | $4,030 | $15,620 |
| 2016 | $1,241 | $19,650 | $4,030 | $15,620 |
| 2015 | $1,172 | $19,650 | $4,030 | $15,620 |
| 2014 | $1,119 | $18,800 | $3,850 | $14,950 |
| 2013 | $1,110 | $18,800 | $3,850 | $14,950 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Azzam
Map
Source: MLS Now
MLS Number: 5129339
APN: 03-00-081-109-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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