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 $1,625 / 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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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
Thompson Andrew
Bought by
Current Estimated Value
$235,436

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 15, 2019
Sold by
Gimben Neal N
Bought by
Thompson Andrew Q
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
3.64%
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

Agents Specializing in Lorain, OH

  • Adam Bellinski Real Estate Agent - Russell Real Estate Services

    Adam Bellinski

    Russell Real Estate Services

    (234) 278-1344

    431 Total Sales

    5 in Lorain

    $95K - $360K Price Range

    Adam Bellinski
     Section Image
  • Charles Burmeister Real Estate Agent - Keller Williams Chervenic Rlty

    Charles Burmeister

    Keller Williams Chervenic Rlty

    (440) 671-7483

    72 Total Sales

    1 in Lorain

    $31,500 Price

    Charles Burmeister
     Section Image
  • John Fitch Real Estate Agent - Market First Real Estate Services

    John Fitch

    Market First Real Estate Services

    (440) 597-3492

    169 Total Sales

    45 in Lorain

    $20K - $163K Price Range

    John Fitch
     Section Image
  • Floria Aguilera Real Estate Agent - Plum Tree Realty, LLC

    Floria Aguilera

    Plum Tree Realty, LLC

    (216) 859-1066

    121 Total Sales

    28 in Lorain

    $16K - $197K Price Range

    Floria Aguilera
     Section Image
  • Dustin Purtan Real Estate Agent - EXP Realty, LLC.

    Dustin Purtan

    EXP Realty, LLC.

    (234) 271-4834

    348 Total Sales

    3 in Lorain

    $115K - $185K Price Range

    Dustin Purtan
     Section Image
  • Charles Maurer Real Estate Agent - CENTURY 21 DePiero & Associates, Inc.

    Charles Maurer

    CENTURY 21 DePiero & Associates, Inc.

    (234) 278-1553

    132 Total Sales

    4 in Lorain

    $123K - $155K Price Range

    Charles Maurer
     Section Image
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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
Thompson Andrew Q $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

Agents Affiliated with this Home

  • JF

    Seller's Agent in 2019

    Jeff Frish

    Russell Real Estate Services

    (440) 452-3765

    38 Total Sales

    Jeff Frish
    Section Image

  • DI

    Buyer's Agent in 2019

    Damian Incorvia

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4101298

MLS Now

APN: 02-02-019-103-017

Ohio Lorain County Lorain 44053

3258 Meister Rd, Lorain, OH

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.

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