Quinn Johnston
LoFaso Real Estate Services
(234) 278-1409
135 Total Sales
2 in Lorain
$145K - $193K Price Range
3229 Elyria Ave Lorain, OH 44055
Lorain AreaEstimated Value: $85,000 - $117,000
3
Beds
2
Baths
1,267
Sq Ft
$80/Sq Ft
Est. Value
About This Home
As of January 2024Wonderful Duplex addition to any rental portfolio! The upstairs unit has 2 bedrooms and 1 bathroom that is tenant occupied paying $400.00 on a month-to-month lease. The downstairs unit has 1 bedroom and 1 full bath. Current rent is believed to be under market value. The one bedroom unit is currently vacant and estimated market value for rent is roughly $700-$800. Access to the basement only through downstairs unit and has laundry hookups. All utilities are separated including electric, gas, and even water as the property has 2 separate meters! Recent updates within the last five years include fresh paint, newer carpets, newer flooring. The property has newer electrical throughout and copper drains. The circuit breakers in both units were replaced within the last 10 years. The seller prefers to sell this property (Parcel ID #(0300098124026) (MLS # 4503849) AND his 4-Plex next to it as a PACKAGE deal, (Parcel ID #(0300098124002)(MLS #4503847). Owner is offering a 10% discount to buy both properties together. Total price on both properties would be $220,410. Reach out today to learn more! Don't miss the value this huge multi-family can bring to your rental portfolio!
Last Agent to Sell the Property
Keller Williams Elevate Brokerage Email: anthonyrego@kw.com (440) 897-1364 License #2020004825 Listed on: 11/19/2023
Co-Listed By
Keller Williams Elevate Brokerage Email: anthonyrego@kw.com (440) 897-1364 License #2013003199
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $568
Year Built
- Built in 1920
Lot Details
- 7,405 Sq Ft Lot
Parking
- Unpaved Parking
Home Design
- Duplex
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,267 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
Community Details
- 2 Units
- No Laundry Facilities
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, heat, sewer, trash collection, water
- Assessor Parcel Number 03-00-098-124-026
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 2026
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Outstanding Balance
$92,434
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$9,408
Purchase Details
Listed on
Nov 19, 2023
Closed on
Jan 19, 2024
Sold by
Bought by
Seller's Agent
Anthony Rego
Keller Williams Elevate
Buyer's Agent
Jason Parsons
Howard Hanna
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%
Original Mortgage
$59,200
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lorain, OH
-
Quinn Johnston
-
Sheila Zullo
Sheila Zullo
HomeSmart Real Estate Momentum LLC
(440) 635-3524
91 Total Sales
1 in Lorain
$28,500 Price
-
Cielo McClain
Cielo McClain
Keller Williams Citywide
(440) 581-1404
32 Total Sales
1 in Lorain
$215,000 Price
-
Kimberly Ule
Kimberly Ule
Serenity Realty
(234) 290-1326
123 Total Sales
1 in Lorain
$50,000 Price
-
Linda Armstrong
Linda Armstrong
RE/MAX Quality Realty
(419) 871-5966
275 Total Sales
1 in Lorain
$185,000 Price
-
Heather Spangler
Heather Spangler
McDowell Homes Real Estate Services
(216) 238-3174
102 Total Sales
19 in Lorain
$32K - $300K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $100,000 | Black Tie Title | ||
| $116,000 | Black Tie Title | ||
| $74,000 | Ohio Real Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $92,800 | ||
| Closed | $59,200 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/24/2024 01/24/24 | Sold | $74,000 | -7.4% | $58 / Sq Ft |
| 12/14/2023 12/14/23 | For Sale | $79,900 | 0.0% | $63 / Sq Ft |
| 12/13/2023 12/13/23 | Pending | -- | -- | -- |
| 12/05/2023 12/05/23 | For Sale | $79,900 | 0.0% | $63 / Sq Ft |
| 11/24/2023 11/24/23 | Pending | -- | -- | -- |
| 11/19/2023 11/19/23 | For Sale | $79,900 | -- | $63 / Sq Ft |
Source: MLS Now
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $917 | $22,827 | $2,800 | $20,027 |
| 2023 | $573 | $10,847 | $1,330 | $9,517 |
| 2022 | $568 | $10,847 | $1,330 | $9,517 |
| 2021 | $568 | $10,847 | $1,330 | $9,517 |
| 2020 | $578 | $9,590 | $1,180 | $8,410 |
| 2019 | $575 | $9,590 | $1,180 | $8,410 |
| 2018 | $508 | $9,590 | $1,180 | $8,410 |
| 2017 | $440 | $6,910 | $1,320 | $5,590 |
| 2016 | $436 | $6,910 | $1,320 | $5,590 |
| 2015 | $412 | $6,910 | $1,320 | $5,590 |
| 2014 | $401 | $6,410 | $1,230 | $5,180 |
| 2013 | $379 | $6,410 | $1,230 | $5,180 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Rego
Seller's Agent in 2024
Anthony Rego
Keller Williams Elevate
(440) 897-1364
24 Total Sales
-
Mara Kaulins
Seller Co-Listing Agent in 2024
Mara Kaulins
Keller Williams Elevate
(440) 590-5656
176 Total Sales
-
Jason Parsons
Buyer's Agent in 2024
Jason Parsons
Howard Hanna
(330) 242-5313
265 Total Sales
Map
Source: MLS Now
MLS Number: 4503849
APN: 03-00-098-124-026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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