NOT LISTED FOR SALE

2900 Forest Ln Lorain, OH 44053

Lorain Area

Estimated Value: $227,000 - $242,000

5 Beds
4 Baths
2,830 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2025

Last sale price $225,000 $80 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,353 / mo

20 Days on Market

Highlights

  • 2 Car Attached Garage
  • Baseboard Heating
  • Wood Siding
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2025

Here is a great opportunity to own 2900-2902 Forest Lane, Lorain OH 44053, a beautiful side-by-side duplex in Lorain’s desirable neighborhood. Whether you’re a seasoned investor or looking to house-hack, this property delivers value, income potential, and tenant appeal.
This Side-by-Side Layout: One unit features 3 bedrooms, 1 bath (vacant- rent ranging from 1100-1500 a month), the other 2 bedrooms, 1 bath (currently renting for 1100 a month). With spacious Living, Bright living areas, large kitchens, and functional floor plans which are designed for long-term tenant satisfaction. Competitive list price at $229,000, makes it a perfect opportunity to live in one unit and rent the other, offsetting your mortgage while building equity. This is a turnkey duplex with a rare 2-car garage, immediate rental income, and long-term growth potential. Whether you’re adding to your portfolio or just getting started, 2900-2902 Forest Lane is a smart move in today’s market.

Last Agent to Sell the Property

Patrick David

Howard Hanna Brokerage Email: Patrickdavid@howardhanna.com, 216-401-1431 License #2019003831 Listed on: 08/05/2025

Howard Hanna

Last Buyer's Agent

Kathy Seifert

Keller Williams Chervenic Rlty License #2016005099

Keller Williams Chervenic Rlty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1980

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,830 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • Allison Park Sub Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-02-021-113-034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,852

Year Built

Built in 1980

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1980
  • Attribution Contact: Patrickdavid@howardhanna.com, 216-401-1431
  • Subdivision Name: Allison Park Sub
  • Above Grade Finished Sq Ft: 2830.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.22
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-021-113-034

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 1852.0

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
Aug 5, 2025
Closed on
Sep 24, 2025
Sold by
Bought by
Seller's Agent
Patrick David
Howard Hanna
Buyer's Agent
Kathy Seifert
Keller Williams Chervenic Rlty
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Views
55
Current Estimated Value
$232,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,352
Avg. Annual Appreciation
3.68%
Original Mortgage
$220,924
Outstanding Balance
$219,122
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$13,230

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 9, 2021
Sold by
Bought by
Seller's Agent
Christina Coughlin
Russell Real Estate Services
Buyer's Agent
Patrick David
Howard Hanna
List Price
$190,000
Sold Price
$174,000
Premium/Discount to List
-$16,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$174,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Sep 17, 2019
Closed on
Oct 23, 2019
Sold by
Bought by
Seller's Agent
Christina Coughlin
Russell Real Estate Services
Buyer's Agent
Christina Coughlin
Russell Real Estate Services
List Price
$150,000
Sold Price
$147,000
Premium/Discount to List
-$3,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Original Mortgage
$132,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2019
Closed on
May 23, 2019
Sold by
Bought by
Seller's Agent
Bryan Baeza
Red Diamond Realty
Buyer's Agent
Christina Coughlin
Russell Real Estate Services
List Price
$45,000
Sold Price
$36,375
Premium/Discount to List
-$8,625
-19.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2680.24%

Purchase Details

Closed on
Jan 13, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 2014
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
$225,000 None Listed On Document
$174,000 Incze Norman E
$147,000 Miller Home Title
$36,400 Titleco Title Agency
$31,799 Sojourners Title Agency
$54,000 None Available
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 $220,924
Closed $174,000
Previous Owner $132,000
Previous Owner $126,800
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 Prior Sale
09/25/2025 09/25/25 Sold $225,000 -1.7% $80 / Sq Ft
08/25/2025 08/25/25 Pending -- -- --
08/19/2025 08/19/25 Price Changed $229,000 -4.2% $81 / Sq Ft
08/05/2025 08/05/25 For Sale $239,000 +37.4% $84 / Sq Ft
07/13/2021 07/13/21 Sold $174,000 -5.9% $61 / Sq Ft View Prior Sale
06/04/2021 06/04/21 Pending -- -- --
05/25/2021 05/25/21 Price Changed $185,000 -2.6% $65 / Sq Ft
05/13/2021 05/13/21 For Sale $190,000 +29.3% $67 / Sq Ft
10/25/2019 10/25/19 Sold $147,000 -2.0% $52 / Sq Ft View Prior Sale
09/28/2019 09/28/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $150,000 +312.4% $53 / Sq Ft
05/25/2019 05/25/19 Sold $36,375 -19.2% $13 / Sq Ft View Prior Sale
05/10/2019 05/10/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $45,000 0.0% $16 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $45,000 -10.0% $16 / Sq Ft
03/12/2019 03/12/19 For Sale $50,000 -- $18 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $906 $63,714 $11,407 $52,308
2023 $1,737 $51,384 $11,820 $39,564
2022 $1,764 $51,384 $11,820 $39,564
2021 $2,657 $51,384 $11,820 $39,564
2020 $2,510 $42,160 $9,700 $32,460
2019 $2,528 $42,160 $9,700 $32,460
2018 $2,656 $42,160 $9,700 $32,460
2017 $2,603 $40,900 $8,080 $32,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5146034

MLS Now (Howard Hanna)

APN: 02-02-021-113-034

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