NOT LISTED FOR SALE

320 Lakeside Ave Lorain, OH 44052

Estimated Value: $149,000 - $262,915

2 Beds
1.5 Baths
942 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $245,000 $260 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,326/month

16 Days on Market

Highlights

  • Marina View
  • Waterfront
  • Community Lake
  • Fishing
  • Lake Privileges
  • 5-minute walk to Riverside Park

About This Home

As of October 2024

Experience the charm of lakefront living with this fully furnished, 2-bedroom, 2-bathroom ranch-style home – ideal for a personal retreat, future retirement, or as a lucrative short-term rental investment and all the hard work has even done for you. Begin your mornings with a cup of coffee on the screened-in front porch, where you can enjoy lake views and watch the unforgettable sunsets.
Just steps away, you'll find private beach access perfect for launching your kayaks, as well as the convenience of a marina restaurant, a mile-long pier and lighthouse, a boat launch area with docking, and a scenic park complete with a pavilion and grills. With endless recreational opportunities at your fingertips, every day will feel like a vacation.
The home boasts several recent updates, including a newer furnace, hot water tank, fresh paint throughout, and a brand-new city sewer system installed just last year, ensuring a move-in-ready experience. You will love the open concept living/dining room, enhanced by large windows that let in an abundance of natural light and refreshing lake breezes. A spacious basement offers additional room for storage, recreation, or any customization you desire.
Located on a peaceful street, this property is just a bike ride away from Black River Landing, where you can enjoy boat tours and summer concerts. It’s also less than a mile from Lakeview Park, a popular public beach now operated by the Lorain County Metroparks.
Whether you’re looking for a serene lakeside retreat or an excellent investment opportunity, this lakeside gem has it all. Don’t miss your chance – schedule a private tour today and make this Lake Erie home your own!

Last Agent to Sell the Property

Leah Montgomery

Fathom Realty Brokerage Email: leahmarie@thealphaomegateam.com 440-384-1231 License #2013001559 Listed on: 09/23/2024

Fathom Realty

Last Buyer's Agent

Majdey Taye

RE/MAX Transitions License #2024005848

RE/MAX Transitions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront
  • Privacy Fence
  • Wood Fence

Property Views

  • Marina
  • Park or Greenbelt

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Electric Fireplace
  • Double Pane Windows
  • Window Screens
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Private Parking
  • Driveway
  • On-Street Parking
  • On-Site Parking

Outdoor Features

  • Lake Privileges
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-01-001-107-002

Community Details

Overview

  • No Home Owners Association
  • Gawn Subdivision
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,023

Year Built

Built in 1900 | Remodeled

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: leahmarie@thealphaomegateam.com 440-384-1231
  • ResoLotFeatures: Private, Views
  • Reso View: Park/Greenbelt, Lake, Marina, Water
  • Subdivision Name: Gawn
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Double Pane Windows, Screens
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Unfinished
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Blower Fan, Electric
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Exterior Features: Fire Pit, Outdoor Grill, Private Yard
  • Roof: Asphalt, Fiberglass
  • Fencing: Privacy, Wood
  • Acres: 0.07
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Privileges
  • Waterfront: Yes
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Enclosed, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, On Site, Private, On Street

Utilities

  • LaundryFeatures: Gas Dryer Hookup, In Basement
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Lake, Park, Restaurant, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-001-107-002
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1023.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 18, 2024
Sold by
Phillips Jeffrey
Bought by
Milbrandt George and Milbrandt Vera
Seller's Agent
Leah Montgomery
Fathom Realty
Buyer's Agent
Majdey Taye
RE/MAX Transitions
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
32
Current Estimated Value
$224,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,845
Avg. Annual Appreciation
-6.51%

Purchase Details

Listed on
May 12, 2023
Closed on
Jul 6, 2023
Sold by
King Joshua
Bought by
Phillips Jeffrey
Seller's Agent
Leah Montgomery
Fathom Realty
Buyer's Agent
Leah Montgomery
Fathom Realty
List Price
$170,000
Sold Price
$185,000
Premium/Discount to List
$15,000
8.82%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.33%
Original Mortgage
$157,250
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 15, 2019
Sold by
Piskura John and Piskura Teresa
Bought by
King Joshua
Seller's Agent
Maegan Darbe
Rocket Homes Real Estate, LLC
Buyer's Agent
Leah Montgomery
Fathom Realty
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$101,850
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2016
Sold by
Smith Alan H
Bought by
Smith Rosella M

Purchase Details

Closed on
Oct 10, 1995
Sold by
Clark Thomas A
Bought by
Howard L Smith Trustee
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
Milbrandt George $245,000 None Listed On Document
Phillips Jeffrey $185,000 None Listed On Document
King Joshua $105,000 None Available
Smith Rosella M $40,000 --
Howard L Smith Trustee $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Jeffrey $157,250
Previous Owner King Joshua $101,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 Sold $245,000 -2.0% $260 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $250,000 +35.1% $265 / Sq Ft
07/07/2023 07/07/23 Sold $185,000 +8.8% $183 / Sq Ft View Prior Sale
05/15/2023 05/15/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $170,000 +61.9% $168 / Sq Ft
08/16/2019 08/16/19 Sold $105,000 -4.5% $111 / Sq Ft View Prior Sale
06/25/2019 06/25/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $110,000 -- $117 / 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 $1,763 $42,767 $10,444 $32,323
2023 $1,023 $19,863 $7,791 $12,072
2022 $1,014 $19,863 $7,791 $12,072
2021 $1,014 $19,863 $7,791 $12,072
2020 $977 $16,620 $6,520 $10,100
2019 $971 $16,620 $6,520 $10,100
2018 $1,067 $16,620 $6,520 $10,100
2017 $1,161 $18,730 $5,370 $13,360
2016 $1,206 $19,100 $5,370 $13,730
2015 $1,139 $19,100 $5,370 $13,730
2014 $1,137 $19,100 $5,370 $13,730
2013 $1,128 $19,100 $5,370 $13,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5072078

MLS Now

APN: 02-01-001-107-002

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