NOT LISTED FOR SALE

306 Connecticut Ave Lorain, OH 44052

Estimated Value: $92,000 - $108,696

2 Beds
1 Bath
924 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 29, 2025

Last sale price $99,900 $108 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $639/month

92 Days on Market

Highlights

  • No HOA
  • Porch
  • 1-Story Property
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

What A Location! A short drive to downtown, minutes from Lake Erie, and a quick walk to Harbor Walk. This home at 306 Connecticut is the ideal spot for your first or next home! Featuring two bedrooms, one full bath, beautiful and large fenced backyard with a newer two car detached garage (electric runs to the garage!). Remodeled bathroom, new hot water tank! The City of Lorain is going through a renaissance with grants provided for the development of Sunset Park and Hot Waters Boat Launch along with all the revitalization efforts ongoing down on Broadway! You don't want to miss out on this, be a part of history and stake your claim to an up and coming city ....... The City of Lorain!

Last Agent to Sell the Property

Matthew Klein

Walnut Creek Realty, LLC. Brokerage Phone: 216-785-2345 License #2018000266 Listed on: 10/27/2024

Last Buyer's Agent

Meagan Daisher

Real of Ohio License #2018003746

Real of Ohio

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 6,098

Parking

  • 2 Car Detached Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Porch
  • 6,098 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Fischer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-01-002-108-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: 216-785-2345 216-785-2345
  • Subdivision Name: Fischer
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.14
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-002-108-018
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 814.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2024
Closed on
Jan 28, 2025
Sold by
Home Pros Cleveland Llc
Bought by
Gallaher John and Gallaher Carol
Seller's Agent
Matthew Klein
Walnut Creek Realty, LLC.
Buyer's Agent
Meagan Daisher
Real of Ohio
List Price
$117,900
Sold Price
$99,900
Premium/Discount to List
-$18,000
-15.27%
Views
66
Current Estimated Value
$101,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,024
Avg. Annual Appreciation
2.11%
Original Mortgage
$96,903
Outstanding Balance
$96,306
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$5,618

Purchase Details

Listed on
May 29, 2024
Closed on
Sep 5, 2024
Sold by
Ngo Bao Gia and Phan Thi Ngoc
Bought by
Home Pros Cleveland Llc
Seller's Agent
Justin Hunker
Landlord Leasing, Inc.
Buyer's Agent
Matthew Klein
Walnut Creek Realty, LLC.
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
209.88%
Original Mortgage
$78,000
Interest Rate
1.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 15, 2022
Sold by
Bank Of New York Mellon
Bought by
Ngo Bao Gia
Seller's Agent
Roman Tarnawsky
Lokal Real Estate, LLC.
Buyer's Agent
Traci Kogut
Century 21 DeAnna Realty
List Price
$42,500
Sold Price
$39,501
Premium/Discount to List
-$2,999
-7.06%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.44%

Purchase Details

Closed on
Jul 15, 2022
Sold by
Stammitti Phil R
Bought by
Bank Of New York and Cwabs Inc

Purchase Details

Closed on
Jul 31, 1998
Sold by
Lewis Joseph L
Bought by
Lawlis Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.03%
Source: Public Records
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

Purchase History

Date Buyer Sale Price Title Company
Gallaher John -- Ohio Real Title
Home Pros Cleveland Llc $65,000 None Listed On Document
Ngo Bao Gia $39,501 Clearedge Title
Bank Of New York $45,000 Manley Deas Kochalski Llc
Lawlis Kevin L $56,250 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallaher John $96,903
Previous Owner Home Pros Cleveland Llc $78,000
Previous Owner Lawlis Kevin L $44,000
Closed Lawlis Kevin L $13,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2025 01/29/25 Sold $99,900 0.0% $108 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
12/19/2024 12/19/24 Price Changed $99,900 -9.1% $108 / Sq Ft
11/18/2024 11/18/24 Price Changed $109,900 -6.8% $119 / Sq Ft
10/27/2024 10/27/24 For Sale $117,900 +81.4% $128 / Sq Ft
09/11/2024 09/11/24 Sold $65,000 -18.8% $70 / Sq Ft View Prior Sale
08/06/2024 08/06/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $80,000 0.0% $87 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $80,000 +102.5% $87 / Sq Ft
10/07/2022 10/07/22 Sold $39,501 -7.1% $43 / Sq Ft View Prior Sale
08/24/2022 08/24/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $42,500 -- $46 / 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 $1,269 $30,041 $4,410 $25,631
2023 $814 $15,404 $4,368 $11,036
2022 $787 $15,404 $4,368 $11,036
2021 $787 $15,404 $4,368 $11,036
2020 $731 $12,450 $3,530 $8,920
2019 $727 $12,450 $3,530 $8,920
2018 $727 $12,450 $3,530 $8,920
2017 $774 $12,490 $2,940 $9,550
2016 $768 $12,490 $2,940 $9,550
2015 $725 $12,490 $2,940 $9,550
2014 $723 $12,490 $2,940 $9,550
2013 $717 $12,490 $2,940 $9,550
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5080891

MLS Now

APN: 02-01-002-108-018