NOT LISTED FOR SALE

306 Florida Ave Lorain, OH 44052

Lorain Area

Estimated Value: $87,422

2 Beds
2 Baths
1,063 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2025

Last sale price $80,000 $75 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $589 / mo

94 Days on Market

Highlights

  • City View
  • Deck
  • Forced Air Heating System
  • Cape Cod Architecture
  • No HOA
  • Ceiling Fan

About This Home

As of September 2025

Owner Occupants.... Special financing is available. Possible Rent-to-Own Opportunity also! This 2-bedroom home offers over 1,070 square feet of comfortable living space. The bright kitchen features white cabinetry and large windows that let in plenty of natural light, with a full bath including a jacuzzi tub, off the kitchen. The mechanics room is located on the main floor off the dining room, and a spacious living room completes the main floor.

Enjoy a deep backyard with a wood deck, playset included, and a cozy front porch ideal for relaxing in warmer months. The detached garage with extra workshop/shed space provides extra storage. The neighborhood is full of charm and character.
Schedule your showing today and make this home yours.

Last Agent to Sell the Property

Beth Wallace

RE/MAX Real Estate Group Brokerage Email: BethWallace@realtyxo.com, 440-782-6566 License #2008000644 Listed on: 04/11/2025

RE/MAX Real Estate Group

Last Buyer's Agent

Rich Wilson

RE/MAX Real Estate Group License #421986

RE/MAX Real Estate Group
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 52x150
  • Rectangular Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,063 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • City Views
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Deck
  • City Lot

Community Details

  • No Home Owners Association
  • Lawlers Add Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 02-01-003-105-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,344

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: BethWallace@realtyxo.com, 440-782-6566
  • ResoLotFeatures: Back Yard, City Lot, Front Yard, Rectangular Lot
  • Reso View: City
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Lawlers Add
  • Above Grade Finished Sq Ft: 1063.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.17
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway

Utilities

  • LaundryFeatures: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • 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: 02-01-003-105-012
  • LandLeaseYN: No
  • Lot Dimensions: 52x150

Tax Info

  • Tax Annual Amount: 1344.0

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
Apr 11, 2025
Closed on
Aug 29, 2025
Sold by
Bought by
Seller's Agent
Beth Wallace
RE/MAX Real Estate Group
Buyer's Agent
Rich Wilson
RE/MAX Real Estate Group
List Price
$79,000
Sold Price
$80,000
Premium/Discount to List
$1,000
1.27%
Views
149
Current Estimated Value
$87,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,422
Avg. Annual Appreciation
10.36%
Original Mortgage
$72,000
Outstanding Balance
$71,363
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$16,059

Purchase Details

Closed on
Jun 25, 2025
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,435
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Closed on
May 12, 2022
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2021
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$80,000 Infinity Title
$61,600 None Listed On Document
$88,000 Bay National Title
$30,100 Pearl Law Office Llc
$34,320 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 $72,000
Previous Owner $85,435
Previous Owner $73,800
Previous Owner $52,500
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
09/09/2025 09/09/25 Sold $80,000 +1.3% $75 / Sq Ft
07/14/2025 07/14/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $79,000 0.0% $74 / Sq Ft
07/04/2025 07/04/25 Pending -- -- --
06/13/2025 06/13/25 Price Changed $79,000 -20.6% $74 / Sq Ft
04/11/2025 04/11/25 For Sale $99,500 -- $94 / 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 $1,280 $31,031 $5,355 $25,676
2023 $1,015 $19,702 $8,484 $11,218
2022 $1,032 $19,702 $8,484 $11,218
2021 $1,032 $19,702 $8,484 $11,218
2020 $959 $15,910 $6,850 $9,060
2019 $954 $15,910 $6,850 $9,060
2018 $971 $15,910 $6,850 $9,060
2017 $987 $15,510 $7,280 $8,230
2016 $979 $15,510 $7,280 $8,230
2015 $925 $15,510 $7,280 $8,230
2014 $923 $15,510 $7,280 $8,230
2013 $916 $15,510 $7,280 $8,230
Source: Public Records

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Map

Source: MLS Now

MLS Number: 5113796

MLS Now

APN: 02-01-003-105-012

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