NOT LISTED FOR SALE

309 Delaware Ave Lorain, OH 44052

Estimated Value: $119,000 - $173,000

6 Beds
2 Baths
1,827 Sq Ft
$84/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $168,000 $92 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $974/month

2 Days on Market

Highlights

  • Central Air
  • 2 Car Garage
  • Heating System Uses Gas

About This Home

As of June 2024

A Unique multifamily opportunity ** 2 houses on one Lot ** As an owner occupy buyer - you could live privately in one and rent out the other !! 2 separate driveways so no need to do the " car shuffle"
and there is a 2 car garage ** Front house is a 4 bedroom unit with master bedroom on the first floor and the full bath is on the first floor / large living room and even larger eat-in kitchen / back enclosed porch and a "basement" ( more like a cellar ) plus a front porch **** Back house is a cute ranch style unit featuring updated flooring / 2 bedrooms / full bath / living room and eat-in kitchen / front porch**
Front tenant pays $975.00 and Back tenant pays $900.00 - all utilities are covered by the tenants ( including water and sewer) ** front house has a fenced in backyard ** great location close to the lake and right off Colorado Ave.( 611) - so - easy access to highway and shopping
***MUST HAVE 48 hour notice to show and limited hours each day for that to happen - Thank You

Last Agent to Sell the Property

Amy McMahon

Howard Hanna Brokerage Email: amymcmahon@howardhanna.com 216-999-2139 License #402916 Listed on: 05/03/2024

Howard Hanna

Last Buyer's Agent

Molly Riddick

Russell Real Estate Services License #2019002806

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,827 Sq Ft Home
  • 2-Story Property
  • Laundry in unit
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 02-01-003-105-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,770

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: amymcmahon@howardhanna.com 216-999-2139
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 1827.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: Back Yard
  • Acres: 0.17
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

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

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-003-105-004
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1770.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Pitts Cody M
Bought by
Flynn Ventures Llc
Current Estimated Value
$153,415

Purchase Details

Listed on
May 3, 2024
Closed on
May 30, 2024
Sold by
Gorilla Investments Llc
Bought by
Pitts Cody M
Seller's Agent
Amy McMahon
Howard Hanna
Buyer's Agent
Molly Riddick
Russell Real Estate Services
List Price
$169,900
Sold Price
$168,000
Premium/Discount to List
-$1,900
-1.12%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.29%
Original Mortgage
$126,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2022
Sold by
Carimi Ronnie and Carimi Jessica
Bought by
Gorilla Investments Llc

Purchase Details

Closed on
Apr 27, 2021
Sold by
Legacy Property Management Llc
Bought by
Carimi Ronnie and Carimi Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2015
Sold by
Graves Heather N
Bought by
Legacy Property Management

Purchase Details

Listed on
Mar 4, 2013
Closed on
Apr 5, 2013
Sold by
Secretary Of Hud
Bought by
Graves Heather N
Seller's Agent
Jon Konz
Mike Myers Realty, Inc.
List Price
$7,000
Sold Price
$9,184
Premium/Discount to List
$2,184
31.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.48%

Purchase Details

Closed on
Aug 8, 2012
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jul 10, 2012
Sold by
Wargo Mark G
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 22, 2004
Sold by
Wargo David W and Wargo Cynthia A
Bought by
Wargo Mark G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,356
Interest Rate
5.74%
Mortgage Type
FHA
Source: Public Records
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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
Flynn Ventures Llc -- None Listed On Document
Pitts Cody M $168,000 Cleveland Home Title
Gorilla Investments Llc -- Accommodation/Courtesy Recordi
Carimi Ronnie $68,000 First American Title
Legacy Property Management $16,500 First American Title Ins Co
Graves Heather N $9,184 Lakside Title & Escrow Agenc
Secretary Of Hud -- None Available
Wells Fargo Bank Na $40,000 None Available
Wargo Mark G $99,900 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitts Cody M $126,000
Previous Owner Carimi Ronnie $68,000
Previous Owner Wargo Mark G $98,356
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $168,000 -1.1% $92 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $169,900 +1750.0% $93 / Sq Ft
04/10/2013 04/10/13 Sold $9,184 +31.2% -- View Prior Sale
03/19/2013 03/19/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $7,000 -- --
Source: MLS Now (Howard Hanna)

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 $2,229 $52,756 $5,355 $47,401
2023 $1,770 $33,499 $5,303 $28,196
2022 $1,755 $33,499 $5,303 $28,196
2021 $1,755 $33,499 $5,303 $28,196
2020 $1,631 $27,060 $4,280 $22,780
2019 $1,622 $27,060 $4,280 $22,780
2018 $1,623 $27,060 $4,280 $22,780
2017 $368 $5,780 $3,640 $2,140
2016 $365 $5,780 $3,640 $2,140
2015 $1,027 $17,710 $3,640 $14,070
2014 $1,076 $17,710 $3,640 $14,070
2013 $1,046 $17,710 $3,640 $14,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5035686

MLS Now (Howard Hanna)

APN: 02-01-003-105-004

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