$83,000
SOLD MAY 7, 2025

309 Clinton Ave Elyria, OH 44035

4 Beds
1 Bath
1,064 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

17% Below List Price

6 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of May 2025

Investor Alert! This Elyria 4-bedroom rental is tenant-occupied with a lease in place through June 2026 at $1,129/month. That means instant cash flow from day one, and it exceeds the 1% rule, making it a smart, turnkey addition to any portfolio. With current pricing, there’s also room to roll in closing costs—a great opportunity for buyers looking to maximize value.

The tenants are reliable, respectful, and we aim to keep it that way, so no showings will be permitted until an acceptable offer is in hand. However, we do have a full inspection report available—just reach out to request it.

The property features durable luxury vinyl flooring throughout, smart locks for added security and ease of access, and a fully equipped kitchen with the owner-owned fridge and stove transferring with the sale. Washer and dryer are tenant-owned. Notable updates include new insulation in the ceiling and kitchen walls, furnace (2020), and hot water tank (2021).

Outside, the backyard is peaceful and private with a fruit-bearing pear tree—a unique touch tenants enjoy. Conveniently located near Midway Mall, Elyria Commons, and with quick access to I-90 and Route 57, this home sits in a high-demand rental area. Nature lovers will also enjoy proximity to Cascade Park and Black River Reservation.

Please contact us for the inspection report and more details. This is an ideal low-maintenance, income-producing property ready to go!

Last Agent to Sell the Property

Kit Custer

RE/MAX Transitions Brokerage Email: kitsoldit@gmail.com 330-221-6578 License #2013003758 Listed on: 03/28/2025

RE/MAX Transitions

Last Buyer's Agent

Joshua Johnson

RE/MAX Transitions License #2024002936

RE/MAX Transitions

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vertical Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Crisp & Pettibones Fairview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-24-027-114-003

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1958
  • Attribution Contact: kitsoldit@gmail.com 330-221-6578
  • Subdivision Name: Crisp & Pettibones Fairview
  • Above Grade Finished Sq Ft: 1064.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: None
  • Acres: 0.12
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vertical Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-24-027-114-003
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2272.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 6, 2025
Sold by
Lccltarb Llc
Bought by
Wolf Daniel
Seller's Agent
Kit Custer
RE/MAX Transitions
Buyer's Agent
Joshua Johnson
RE/MAX Transitions
List Price
$100,000
Sold Price
$83,000
Premium/Discount to List
-$17,000
-17%
Views
97
Current Estimated Value
$85,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,449
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Jul 26, 2023
Sold by
Rink Paul
Bought by
Lccltarb Llc

Purchase Details

Listed on
Mar 4, 2020
Closed on
Apr 22, 2020
Sold by
Fannie Mae
Bought by
Rink Paul
Seller's Agent
Kenneth Myers
RE/MAX Above & Beyond
Buyer's Agent
Leah Whited
Russell Real Estate Services
List Price
$24,900
Sold Price
$21,000
Premium/Discount to List
-$3,900
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.11%

Purchase Details

Closed on
Feb 12, 2020
Sold by
Mathis Janice and Pnc Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 18, 1998
Sold by
Woolbright L B
Bought by
Mathis Janice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $83,000 Chicago Title
Quit Claim Deed -- None Listed On Document
Limited Warranty Deed -- Solidifi Title & Closing Llc
Sheriffs Deed $15,542 Ohio Title Corp
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2025 05/07/25 Sold $83,000 -17.0% $78 / Sq Ft
04/17/2025 04/17/25 For Sale $100,000 0.0% $94 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $100,000 0.0% $94 / Sq Ft
12/22/2023 12/22/23 Rented $1,149 0.0% --
12/14/2023 12/14/23 Under Contract -- -- --
11/02/2023 11/02/23 Price Changed $1,149 -8.1% $1 / Sq Ft
10/13/2023 10/13/23 For Rent $1,250 0.0% --
04/22/2020 04/22/20 Sold $21,000 -15.7% $20 / Sq Ft View Prior Sale
04/14/2020 04/14/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $24,900 -- $23 / 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 $1,187 $24,490 $4,704 $19,786
2023 $1,022 $18,298 $2,608 $15,691
2022 $1,018 $18,298 $2,608 $15,691
2021 $1,069 $18,298 $2,608 $15,691
2020 $958 $15,280 $2,180 $13,100
2019 $952 $15,280 $2,180 $13,100
2018 $898 $15,280 $2,180 $13,100
2017 $842 $12,930 $2,040 $10,890
2016 $832 $12,930 $2,040 $10,890
2015 $780 $12,930 $2,040 $10,890
2014 $811 $13,610 $2,150 $11,460
2013 $805 $13,610 $2,150 $11,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5110238

MLS Now

APN: 06-24-027-114-003