2625 E Erie Ave Lorain, OH 44052
Estimated payment $2,421/month
Total Views
7,484
3
Beds
1.5
Baths
3,252
Sq Ft
$112
Price per Sq Ft
Highlights
- Lake Front
- Colonial Architecture
- Deck
- 0.38 Acre Lot
- Property is near a clubhouse
- No HOA
About This Home
DIRECT LAKEFRONT property with breathtaking views, peaceful surroundings, and a one-of-a-kind setting! Updated home is situated on a prime lot lakefront w/concrete & sandstone erosion control w/solid erosion control already completed by the current owner and includes a unique bonus: a lakefront clubhouse with heat and central air—ideal for entertaining, working from home, or even expanding into additional living space. Rich in history, the clubhouse once served as Senator Sherrod Brown’s campaign office during his ownership of this very home! Enjoy tranquil mornings with your coffee or unwind in the evening with a book on the rebuilt front porch or the back deck, all while watching the seasonal changes or bald eagles perched in your mature backyard trees—including a majestic Black Walnut. This is your chance to make the lakefront lifestyle a reality at an affordable price, as the current owner sets sail for full-time life aboard his boat. Inside, you’ll find a warm & inviting floor plan w/original hardwood flooring throughout much of the first floor, formal dining room w/charming built-ins, & variety of thoughtful updates including newer vinyl windows (plus brand-new Pella windows in the clubhouse), wind-resistant shingles, plus upgraded 100-amp electrical service. Energy-efficient dual fuel heating system includes a gas furnace & newer wood furnace, for energy savings,central air for year-round comfort. While the home currently features one full bath, an additional bathroom on the main level has been started (not completed), & partially finished basement includes a newly installed shower and plumbing in place for a second sink—offering room to grow and customize. Appliances remain. Whether you're dreaming of peaceful lakeside living or hosting unforgettable gatherings, unique lakefront home is ready to make it all possible.
Listing Agent
Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #426983 Listed on: 07/14/2025
Co-Listing Agent
Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #436731
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,229
Year Built
- Built in 1900
Lot Details
- 0.38 Acre Lot
- Lake Front
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- Brick Veneer
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Built-In Features
- Water Views
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Deck
- Porch
Location
- Property is near a clubhouse
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heating System Uses Wood
Community Details
- No Home Owners Association
- Sheffield Subdivision
Listing and Financial Details
- Assessor Parcel Number 03-00-048-101-003
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,229 | $120,750 | $76,941 | $43,810 |
| 2023 | $4,595 | $88,218 | $54,821 | $33,397 |
| 2022 | $4,555 | $88,218 | $54,821 | $33,397 |
| 2021 | $4,554 | $88,218 | $54,821 | $33,397 |
| 2020 | $4,388 | $73,830 | $45,880 | $27,950 |
| 2019 | $4,364 | $73,830 | $45,880 | $27,950 |
| 2018 | $4,667 | $73,830 | $45,880 | $27,950 |
| 2017 | $4,808 | $80,190 | $47,230 | $32,960 |
| 2016 | $4,788 | $80,190 | $47,230 | $32,960 |
| 2015 | $4,648 | $80,190 | $47,230 | $32,960 |
| 2014 | $4,059 | $70,120 | $42,350 | $27,770 |
| 2013 | $4,028 | $70,120 | $42,350 | $27,770 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Price Changed | $365,000 | -2.7% | $112 / Sq Ft |
| 07/29/2025 07/29/25 | Price Changed | $375,000 | -5.9% | $115 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $398,500 | -- | $123 / Sq Ft |
Source: MLS Now
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Fidelity National Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $231,000 | Real Living Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $113,300 | Credit Line Revolving | |
| Closed | $5,387 | FHA | |
| Closed | $70,000 | No Value Available | |
| Open | $225,834 | FHA | |
| Previous Owner | $184,800 | New Conventional | |
| Closed | $34,650 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: MLS Now
MLS Number: 5139686
APN: 03-00-048-101-003
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