NOT LISTED FOR SALE

328 Day Dr Lorain, OH 44052

Estimated Value: $106,000 - $117,904

3 Beds
1 Bath
981 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 04, 2024

Last sale price $99,500 $101 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $692/month

7 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • 1 Car Garage
  • Porch
  • Patio
  • Heating System Uses Gas

About This Home

As of November 2024

**Investment Opportunity in Lorain, Ohio** Unlock the potential of this charming three-bedroom ranch home located in the heart of Lorain. Currently occupied by a long-term month-to-month tenant paying $900 per month, this property offers immediate cash flow with room for growth. **Key Features:** - **Current Income:** $900/month from a long-term month-to-month tenant. - **Market Potential:** Rents for similar three-bedroom homes are averaging between $1,100 and $1,300, particularly in the Section 8 market. This is a fantastic chance to acquire a property with instant cash flow at an attractive price point. Whether you're a seasoned investor or new to real estate, this opportunity is not to be missed! **Act Now!** Contact us today to learn more and schedule a viewing. Your next investment awaits!

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide Brokerage Email: Info@EZSalesTeam.com 216-916-7778 License #2004000516 Listed on: 10/03/2024

Keller Williams Citywide

Last Buyer's Agent

Shanna McGuckin

North Bay Realty, LLC. License #2020004299

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 03-00-046-105-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,335

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1949
  • Attribution Contact: Info@EZSalesTeam.com 216-916-7778
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 981.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.16
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-046-105-021
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1335.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Nov 1, 2024
Sold by
Buschor Sfr Holdings Llc
Bought by
Grodi Darr M and Grodi Brooke
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Shanna McGuckin
North Bay Realty, LLC.
List Price
$100,000
Sold Price
$99,500
Premium/Discount to List
-$500
-0.5%
Views
24
Current Estimated Value
$111,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,476
Avg. Annual Appreciation
10.72%
Original Mortgage
$79,600
Outstanding Balance
$76,602
Interest Rate
5.15%
Mortgage Type
New Conventional
Estimated Equity
$35,374

Purchase Details

Closed on
Dec 11, 2018
Sold by
Archon Capital Lp
Bought by
Buschor Sfr Holdings Llc

Purchase Details

Closed on
May 17, 2002
Sold by
Fischer John H and Wiechert Gregory P
Bought by
The J & G Properties Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Grodi Darr M $99,500 None Listed On Document
Buschor Sfr Holdings Llc -- None Available
The J & G Properties Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grodi Darr M $79,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2024 11/04/24 Sold $99,500 -0.5% $101 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $100,000 0.0% $102 / Sq Ft
06/18/2020 06/18/20 Rented $800 0.0% --
06/14/2020 06/14/20 Under Contract -- -- --
06/10/2020 06/10/20 For Rent $800 -- --
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 $1,273 $30,118 $7,641 $22,477
2023 $1,135 $21,480 $6,661 $14,819
2022 $1,125 $21,480 $6,661 $14,819
2021 $1,125 $21,480 $6,660 $14,820
2020 $1,046 $17,350 $5,380 $11,970
2019 $1,040 $17,350 $5,380 $11,970
2018 $1,025 $17,350 $5,380 $11,970
2017 $1,009 $15,850 $4,250 $11,600
2016 $1,001 $15,850 $4,250 $11,600
2015 $945 $15,850 $4,250 $11,600
2014 $943 $15,850 $4,250 $11,600
2013 $936 $15,850 $4,250 $11,600
Source: Public Records

Agents Affiliated with this Home

  • Greg Erlanger

    Seller's Agent in 2024

    Greg Erlanger

    Keller Williams Citywide

    (216) 570-3270

    99 in this area

    3,703 Total Sales

    Greg Erlanger
    Section Image
  • Shanna McGuckin

    Buyer's Agent in 2024

    Shanna McGuckin

    North Bay Realty, LLC.

    (419) 706-2356

    3 in this area

    195 Total Sales

    Shanna McGuckin
    Section Image
  • Mathew Chase

    Seller's Agent in 2020

    Mathew Chase

    Keller Williams Greater Metropolitan

    (440) 452-2000

    93 in this area

    786 Total Sales

    Mathew Chase
    Section Image
  • Christopher Chase

    Seller Co-Listing Agent in 2020

    Christopher Chase

    Keller Williams Greater Metropolitan

    (440) 554-6631

    4 in this area

    106 Total Sales

    Christopher Chase
    Section Image

  • A

    Buyer Co-Listing Agent in 2020

    Andrew Szpak

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5072563

MLS Now

APN: 03-00-046-105-021

Ohio Lorain County Lorain 44052

328 Day Dr, Lorain, OH

Not Listed for Sale

Detached

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