NOT LISTED FOR SALE

2811 Cromwell Dr Lorain, OH 44052

Lorain Area

Estimated Value: $132,000 - $163,674

4 Beds
2 Baths
1,700 Sq Ft
$83/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2023

Last sale price $119,000 $70 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $865 / mo

About This Home

As of June 2023

Great investment Duplex! Both units rented. Recently updated on both sides! Each side has two bedrooms, one bath and first floor laundry and an outdoor shed for storage! Each unit has private driveway.

Last Agent to Sell the Property

Channon Spears

Russell Real Estate Services License #2013000982 Listed on: 04/11/2023

Russell Real Estate Services

Last Buyer's Agent

Lisa B

Deleted Agent License #2018002341

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1955

Lot Details

  • 17,045 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Cromwell Gardens Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-056-125-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,074

Year Built

Built in 1955

Lot Details

0.39 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 70.00
  • Estimated Price per Sq Ft: 70.00
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1700
  • Year Built: 1955
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1955

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1700.00
  • Sq Ft Approx Total Finished: 1700.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Cromwell Gardens

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3913
  • Parcel Number: 03-00-056-125-017

Multi Family

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

Tax Info

  • Tax: 1074

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
Apr 11, 2023
Closed on
May 31, 2023
Sold by
Bought by
Seller's Agent
Channon Spears
Russell Real Estate Services
Buyer's Agent
Lisa B
Deleted Agent
List Price
$125,000
Sold Price
$119,000
Premium/Discount to List
-$6,000
-4.8%
Current Estimated Value
$141,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,169
Avg. Annual Appreciation
5.54%
Original Mortgage
$95,200
Outstanding Balance
$91,615
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$49,554

Purchase Details

Closed on
Feb 11, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 1994
Sold by
Bought by
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
$119,000 None Listed On Document
$29,000 Newman Title
$41,500 --
$41,600 --
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 $95,200
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
06/01/2023 06/01/23 Sold $119,000 -4.8% $70 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $125,000 -- $74 / 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 $1,389 $34,587 $2,979 $31,609
2023 $1,084 $20,510 $3,647 $16,863
2022 $1,074 $20,510 $3,647 $16,863
2021 $1,074 $20,510 $3,650 $16,860
2020 $1,025 $17,000 $3,020 $13,980
2019 $1,019 $17,000 $3,020 $13,980
2018 $1,071 $17,000 $3,020 $13,980
2017 $921 $14,470 $3,240 $11,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4449870

MLS Now

APN: 03-00-056-125-017

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