$47,000
SOLD AUG 23, 2024

3900 Yale Dr Lorain, OH 44055

3 Beds
1.5 Baths
2,224 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

31% Below List Price

33 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • 2 Car Detached Garage

About This Home

As of May 2025

Outstanding opportunity for homeowner or investor alike, huge upside with your sweat equity for perfect opportunity for investor as a rental or otherwise. Property will not last at this price.

Last Agent to Sell the Property

Phil Rogers

Russell Real Estate Services Brokerage Email: callitsold2@gmail.com 440-572-3100 License #2001023378 Listed on: 06/27/2024

Russell Real Estate Services

Last Buyer's Agent

Phil Rogers

Russell Real Estate Services Brokerage Email: callitsold2@gmail.com 440-572-3100 License #2001023378 Listed on: 06/27/2024

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1.5 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Oakwood Acres 03 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-099-106-027

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1960
  • Attribution Contact: callitsold2@gmail.com 440-572-3100
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Oakwood Acres 03
  • Above Grade Finished Sq Ft: 1112.0
  • 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
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1112.0
  • 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: Brick, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • 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: 03-00-099-106-027
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1610.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
May 29, 2025
Sold by
Ibrahim Nicholas and Stathatos Ioannis
Bought by
Urbieta Maria Ornelas
Seller's Agent
Phil Rogers
Russell Real Estate Services
Buyer's Agent
Paula Ramirez
EXP Realty, LLC.
List Price
$140,000
Sold Price
$150,000
Premium/Discount to List
$10,000
7.14%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.23%
Original Mortgage
$147,283
Outstanding Balance
$147,283
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
-$2,848

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 8, 2024
Sold by
First Franklin Mortgage Loan Trust and Wilmington Trust National Association
Bought by
Ibrahim Nicholas and Stathatos Ioannis
Seller's Agent
Phil Rogers
Russell Real Estate Services
Buyer's Agent
Phil Rogers
Russell Real Estate Services
List Price
$68,500
Sold Price
$47,000
Premium/Discount to List
-$21,500
-31.39%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
351.37%

Purchase Details

Listed on
Jun 27, 2024
Closed on
Jul 19, 2024
Sold by
Sheriff Of Lorain County Ohio
Bought by
First Franklin Mortgage Loan Trust and Wilmington Trust
Seller's Agent
Phil Rogers
Russell Real Estate Services
Buyer's Agent
Phil Rogers
Russell Real Estate Services
List Price
$68,500
Sold Price
$47,000
Premium/Discount to List
-$21,500
-31.39%
Views
96
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 Titleco Title Agency
Special Warranty Deed $49,500 None Listed On Document
Sheriffs Deed $90,300 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,283 FHA
Previous Owner $99,750 Fannie Mae Freddie Mac
Previous Owner $73,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $150,000 0.0% $67 / Sq Ft
03/04/2025 03/04/25 Off Market $150,000 -- --
11/16/2024 11/16/24 For Sale $140,000 +197.9% $63 / Sq Ft
08/23/2024 08/23/24 Sold $47,000 -31.4% $21 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $68,500 0.0% $31 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $68,500 -- $31 / Sq Ft
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 $1,569 $37,142 $4,991 $32,151
2023 $1,610 $30,468 $5,551 $24,917
2022 $1,596 $30,468 $5,551 $24,917
2021 $1,109 $30,468 $5,551 $24,917
2020 $928 $24,530 $4,470 $20,060
2019 $922 $24,530 $4,470 $20,060
2018 $855 $24,530 $4,470 $20,060
2017 $788 $21,450 $5,220 $16,230
2016 $781 $21,450 $5,220 $16,230
2015 $737 $21,450 $5,220 $16,230
2014 $705 $20,520 $4,990 $15,530
2013 $676 $20,520 $4,990 $15,530
Source: Public Records

Agents Affiliated with this Home

  • Phil Rogers

    Seller's Agent in 2025

    Phil Rogers

    Russell Real Estate Services

    (440) 526-9400

    34 in this area

    282 Total Sales

    Phil Rogers
    Section Image
  • Paula Ramirez

    Buyer's Agent in 2025

    Paula Ramirez

    EXP Realty, LLC.

    (216) 972-7862

    10 in this area

    304 Total Sales

    Paula Ramirez
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5050045

MLS Now

APN: 03-00-099-106-027

Ohio Lorain County Lorain 44055

3900 Yale Dr, Lorain, OH

This home is located at 3900 Yale Dr, Lorain, OH 44055 and is currently priced at $47,000, approximately $21 per square foot. This property was built in 1960. 3900 Yale Dr is a home located in Lorain County with nearby schools including Helen Steiner Rice Elementary School, Southview Middle School, and Lorain High School.

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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