NOT LISTED FOR SALE

317 W 31st St Lorain, OH 44055

Estimated Value: $80,239 - $91,000

2 Beds
1 Bath
808 Sq Ft
$107/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $47,500 $59 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $508/month

3 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Bungalow

About This Home

As of March 2022

Investors will love this income property. Close to downtown Lorain on a nice street with a great Tenant who wants to stay. The home is very clean and sound with 2 bedrooms, one of which is actually 2 rooms itself. The natural woodwork through-out the home is beautiful. The current Tenant has been there for 2 years and pays $750 per month rent. They maintain the yard and electric and gas are in their name. The current lease is through December 2022, and they would like a longer lease if a new buyer would allow. With a gross income of 9K per year and Operating Costs including taxes, insurance, water, trash and maintenance of less than $3K per year makes a very sound CAP Rate for any investor. Act quick to schedule a showing of this home as it shouldn't be on the market long.

Last Agent to Sell the Property

William Nemitz

Realty Professionals, Inc. License #2013001123 Listed on: 01/24/2022

Last Buyer's Agent

Selina Messer

House to Home Real Estate Professionals, LLC. License #2017000805

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $656

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 808 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Daniels & Brauns Community

Listing and Financial Details

  • Assessor Parcel Number 02-01-003-212-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$656

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • Price Per Square Foot: 58.79
  • Estimated Price per Sq Ft: 58.79
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 808
  • Year Built: 1910
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 808.00
  • Sq Ft Approx Total Finished: 808.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Daniels & Brauns

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0700
  • Parcel Number: 02-01-003-212-011

Tax Info

  • Tax: 656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Campos Carrie R and Kujawinski Mark P
Bought by
Mck Investments Llc
Current Estimated Value
$78,270

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 9, 2022
Sold by
Rebecca Smith
Bought by
Kujawinski Mark and Kujawinski Carrie
Seller's Agent
William Nemitz
Realty Professionals, Inc.
Buyer's Agent
Selina Messer
House to Home Real Estate Professionals, LLC.
List Price
$45,900
Sold Price
$47,500
Premium/Discount to List
$1,600
3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%

Purchase Details

Closed on
Nov 1, 2007
Sold by
Kamaujahel Kawbena and Demassimo Julia
Bought by
Smith Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,701
Interest Rate
9.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 18, 2005
Sold by
Peltz Marie D
Bought by
Smith Rebecca M
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mck Investments Llc -- None Listed On Document
Kujawinski Mark -- Miller Home Title
Smith Rebecca -- Attorney
Kamaujahel Kawbena $65,900 None Available
Smith Rebecca M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kamaujahel Kawbena $64,701
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $47,500 +3.5% $59 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $45,900 -- $57 / 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 $906 $21,438 $3,591 $17,847
2023 $715 $13,545 $2,923 $10,623
2022 $709 $13,545 $2,923 $10,623
2021 $709 $13,545 $2,923 $10,623
2020 $656 $10,880 $2,350 $8,530
2019 $652 $10,880 $2,350 $8,530
2018 $653 $10,880 $2,350 $8,530
2017 $746 $11,720 $2,280 $9,440
2016 $740 $11,720 $2,280 $9,440
2015 $699 $11,720 $2,280 $9,440
2014 $801 $12,810 $2,500 $10,310
2013 $757 $12,810 $2,500 $10,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4345028

MLS Now

APN: 02-01-003-212-011