NOT LISTED FOR SALE

2906 Forest Ln Lorain, OH 44053

Lorain Area

Estimated Value: $247,191

6 Beds
4 Baths
3,110 Sq Ft
$79/Sq Ft Est. Value

Sale Details

Date Sold: December 10, 2018

Last sale price $114,000 $37 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,656 / mo

199 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • East Facing Home

About This Home

As of December 2018

Great investment opportunity. This 3110 sq. ft. Duplex has 3 bedrooms and 1 1/2 baths on each side. Each side has a living room, kitchen, dining room, laundry room and 1/2 bath on lower level and 3 bedrooms and full bath on 2nd floor. Newer flooring, carpet and new roof in 2017. One side has larger master bedroom, perfect if you want to live on one side and rent the other. Room sizes in each unit are: Living room: 20 x 14, Dining Room: 11 x 10, Kitchen: 9 x 8, Bedroom 1: 14 x 11, Bedroom 2: 12 x 11, Bedroom 3: 11 x 10.

Last Agent to Sell the Property

Richard Jackson

Howard Hanna License #2007002981 Listed on: 04/02/2018

Howard Hanna

Last Buyer's Agent

Richard Jackson

Howard Hanna License #2007002981 Listed on: 04/02/2018

Howard Hanna

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • East Facing Home

Home Design

  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 3,110 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Sherwood Park Area Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-021-113-035

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: East
  • Price Per Square Foot: 36.66
  • Estimated Price per Sq Ft: 36.66
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3110
  • Year Built: 1979
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Detail: Slab
  • Sq Ft Approx Above Grade Finished: 3110.00
  • Sq Ft Approx Total Finished: 3110.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Sherwood Park Area

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-021-113-035

Multi Family

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

Tax Info

  • Tax: 3054

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 2, 2018
Closed on
Dec 6, 2018
Sold by
Forman Walter R and Forman Connie D
Bought by
Seller's Agent
Richard Jackson
Howard Hanna
Buyer's Agent
Richard Jackson
Howard Hanna
List Price
$129,000
Sold Price
$114,000
Premium/Discount to List
-$15,000
-11.63%
Current Estimated Value
$247,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,191
Avg. Annual Appreciation
10.43%
Original Mortgage
$111,935
Outstanding Balance
$95,441
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$151,750
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

  • Pamela Holley Real Estate Agent - Keller Williams Elevate

    Pamela Holley

    Keller Williams Elevate

    (216) 666-5481

    54 Total Sales

    1 in Lorain

    $183,000 Price

    Pamela Holley
     Section Image
  • Tresa Klein Real Estate Agent - Keller Williams Elevate

    Tresa Klein

    Keller Williams Elevate

    (440) 379-8357

    160 Total Sales

    1 in Lorain

    $309,500 Price

    Tresa Klein
     Section Image
  • Valerie Corrigan Real Estate Agent - Russell Real Estate Services

    Valerie Corrigan

    Russell Real Estate Services

    (216) 485-3904

    69 Total Sales

    1 in Lorain

    $59,000 Price

    Valerie Corrigan
     Section Image
  • Adam Bellinski Real Estate Agent - Russell Real Estate Services

    Adam Bellinski

    Russell Real Estate Services

    (234) 278-1344

    431 Total Sales

    5 in Lorain

    $95K - $360K Price Range

    Adam Bellinski
     Section Image
  • Charles Burmeister Real Estate Agent - Keller Williams Chervenic Rlty

    Charles Burmeister

    Responds Quickly

    Keller Williams Chervenic Rlty

    (440) 671-7483

    72 Total Sales

    1 in Lorain

    $31,500 Price

    Charles Burmeister
     Section Image
  • John Fitch Real Estate Agent - Market First Real Estate Services

    John Fitch

    Market First Real Estate Services

    (440) 597-3492

    169 Total Sales

    45 in Lorain

    $20K - $163K Price Range

    John Fitch
     Section Image
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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
$114,000 Barristers Of Ohio
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 $111,935
Previous Owner Forman Walter R $128,000
Previous Owner Forman Walter R $108,500
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
12/10/2018 12/10/18 Sold $114,000 -4.1% $37 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
06/27/2018 06/27/18 Price Changed $118,900 -7.8% $38 / Sq Ft
04/02/2018 04/02/18 For Sale $129,000 -- $41 / 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 $2,989 $71,593 $11,526 $60,067
2023 $3,203 $61,390 $11,942 $49,448
2022 $3,175 $61,390 $11,942 $49,448
2021 $3,175 $61,390 $11,940 $49,450
2020 $2,999 $50,370 $9,800 $40,570
2019 $2,982 $50,370 $9,800 $40,570
2018 $2,983 $50,370 $9,800 $40,570
2017 $3,054 $48,620 $8,160 $40,460
Source: Public Records

Agents Affiliated with this Home

  • Richard Jackson Real Estate Agent - Howard Hanna

    Seller's Agent in 2018

    Richard Jackson

    Howard Hanna

    (440) 610-3633

    70 Total Sales

    Richard Jackson
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Map

Source: MLS Now

MLS Number: 3985463

MLS Now

APN: 02-02-021-113-035

Ohio Lorain County Lorain 44053

2906 Forest Ln, Lorain, OH

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