NOT LISTED FOR SALE

328 Day Dr Lorain, OH 44052

Estimated Value: $114,798

3 Beds
1 Bath
981 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2024

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

Est. 15% increase in value since last sale

Current estimated payment $725 / mo

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

6,970 Sq Ft Lot

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

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

Listed on
Oct 3, 2024
Closed on
Nov 1, 2024
Sold by
Bought by
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
$114,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,298
Avg. Annual Appreciation
9.17%
Original Mortgage
$79,600
Outstanding Balance
$76,602
Interest Rate
5.15%
Mortgage Type
New Conventional
Estimated Equity
$38,196

Purchase Details

Closed on
Dec 11, 2018
Sold by
Bought by

Purchase Details

Closed on
May 17, 2002
Sold by
Bought by
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

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
$99,500 None Listed On Document
-- 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
Open $79,600
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
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

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 $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

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Map

Source: MLS Now

MLS Number: 5072563

MLS Now

APN: 03-00-046-105-021

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