NOT LISTED FOR SALE

2724 Forest Ln Lorain, OH 44053

4 Beds
4 Baths
2,048 Sq Ft
9,148 Sq Ft Lot

Last Sold March 02, 2020

Last sale price $118,000 $58 Per Sq Ft

378 Days on Market

About This Home

As of March 2020

Fully rented, well cared for two bedroom duplex on west side of Lorain. Tenants pay all utilities. Great addition to your investment portfolio. Both units have one garage space. Large backyard. Low vacancy rates. Call today to tour this money maker!

Last Agent to Sell the Property

Marc Gagne

Century 21 Homestar License #2012002749 Listed on: 01/14/2019

Century 21 Homestar

Last Buyer's Agent

Sheila Korek

Keller Williams Citywide License #344348

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 9,148

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof
  • Stone Siding
  • Cedar

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 9,148 Sq Ft Lot

Community Details

  • 2 Units
  • Allison Park Sub #1 Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-021-113-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1978
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2

Exterior Features

  • Exterior: Cedar, Stone
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Electric, Gas
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Allison Park Sub #1

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2100
  • Parcel Number: 02-02-021-113-027

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3248

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $118,000 -5.6% $58 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
06/28/2019 06/28/19 Price Changed $125,000 -3.8% $61 / Sq Ft
01/14/2019 01/14/19 For Sale $130,000 -- $63 / 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
2024 $2,432 $57,554 $11,291 $46,263
2023 $2,529 $47,856 $11,697 $36,159
2022 $2,507 $47,856 $11,697 $36,159
2021 $2,507 $47,856 $11,697 $36,159
2020 $2,368 $39,260 $9,600 $29,660
2019 $2,354 $39,260 $9,600 $29,660
2018 $2,355 $39,260 $9,600 $29,660
2017 $3,248 $38,370 $8,000 $30,370
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marc Gagne

    Century 21 Homestar

    (419) 685-1902

    8 in this area

    57 Total Sales

    Marc Gagne
    Section Image
  • Sheila Korek

    Buyer's Agent in 2020

    Sheila Korek

    Keller Williams Citywide

    (440) 892-2211

    1 in this area

    81 Total Sales

    Sheila Korek
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4063313

MLS Now
Ohio Lorain County Lorain 44053

2724 Forest Ln, Lorain, OH

Not Listed for Sale

MultiFamily

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.

MLS Now 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.

Nearby Homes