NOT LISTED FOR SALE

3258 Meister Rd Lorain, OH 44053

Lorain Area

Estimated Value: $235,436

10 Beds
4 Baths
3,784 Sq Ft
$62/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2019

Last sale price $182,500 $48 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,535 / mo

28 Days on Market

Highlights

  • 0.92 Acre Lot
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 4 Car Detached Garage

About This Home

As of August 2019

Great Investment opportunity! This well maintained multi-family ranch property is fully occupied and ready to make you some money! (2) 3 bed 1 bath units and (2) 2 bedroom 1 bath units. Property also included a large 33'x24' garage that could offer additional rental income for covered parking!

Last Agent to Sell the Property

Jeff Frish

Russell Real Estate Services License #2009001887 Listed on: 05/30/2019

Russell Real Estate Services

Last Buyer's Agent

Damian Incorvia

Deleted Agent License #2005014453

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,632

Year Built

  • Built in 1966

Lot Details

  • 40,075 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 3,784 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 02-02-019-103-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,632

Year Built

Built in 1966

Lot Details

0.92 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 48.23
  • Estimated Price per Sq Ft: 48.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 3784
  • Year Built: 1966
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1966

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Partial, Slab, Unfinished, Walk-Out
  • Sq Ft Approx Above Grade Finished: 3784.00
  • Sq Ft Approx Total Finished: 3784.00

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 4

Utilities

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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.9200
  • Parcel Number: 02-02-019-103-017

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 4
  • Net Income: 2375.00
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3632

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
Aug 13, 2020
Sold by
Bought by
Current Estimated Value
$235,436

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 15, 2019
Sold by
Bought by
Seller's Agent
Jeff Frish
Russell Real Estate Services
Buyer's Agent
Damian Incorvia
Deleted Agent
List Price
$189,900
Sold Price
$182,500
Premium/Discount to List
-$7,400
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$136,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
$182,500 None Available
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
Previous Owner $136,500
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
08/16/2019 08/16/19 Sold $182,500 -3.9% $48 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $189,900 -- $50 / 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 $3,437 $85,568 $30,240 $55,328
2023 $3,378 $63,938 $14,371 $49,567
2022 $3,349 $63,938 $14,371 $49,567
2021 $3,349 $63,938 $14,371 $49,567
2020 $3,651 $60,550 $13,610 $46,940
2019 $3,631 $60,550 $13,610 $46,940
2018 $3,626 $60,550 $13,610 $46,940
2017 $3,619 $56,880 $11,650 $45,230
2016 $3,591 $56,880 $11,650 $45,230
2015 $3,392 $56,880 $11,650 $45,230
2014 $3,385 $56,880 $11,650 $45,230
2013 $3,360 $56,880 $11,650 $45,230
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4101298

MLS Now

APN: 02-02-019-103-017

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