309 Clinton Ave Elyria, OH 44035
4
Beds
1
Bath
1,064
Sq Ft
5,227
Sq Ft Lot
Highlights
- No HOA
- Forced Air Heating System
- 1-Story Property
About This Home
As of May 2025Investor 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
RE/MAX Transitions Brokerage Email: kitsoldit@gmail.com 330-221-6578 License #2013003758
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
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%
Total Days on Market
6
Views
97
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9036.43%
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
Deleted Agent
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
38.07%
Original Mortgage
$35,000
Interest Rate
3.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Map
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Similar Homes in Elyria, OH
Home Values in the Area
Average Home Value in this Area
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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $39,000 | New Conventional | |
| Previous Owner | $38,800 | New Conventional | |
| Previous Owner | $35,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $38,107 | Unknown | |
| Previous Owner | $7,500 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
| 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
Source: MLS Now
MLS Number: 5110238
APN: 06-24-027-114-003
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