NOT LISTED FOR SALE

3961 Gary Ave Lorain, OH 44055

4 Beds
2 Baths
1,792 Sq Ft
6,970 Sq Ft Lot

Last Sold January 22, 2019

Last sale price $70,000 $39 Per Sq Ft

276 Days on Market

About This Home

As of January 2019

Great investment opportunity housing long term tenants. Updates include a replaced wall in the basement, insulation, all replacement windows, updated plumbing and electric. This home also offers a divided 2 car garage, ample sized lot and generously sized bedroom/closets . Home is conveniently close to stores, schools, highways and parks. Home also offered as a possible group sale with 3913/3915 Gary Avenue and 3982/3984 Gary Avenue. Start you investment portfolio here. Interior photos of this dwelling shown is not exact in regards to flooring, paint colors, and fixtures but very similar in floor plan. Interior photos of occupied units were not taken to protect the privacy of current tenants.

Last Agent to Sell the Property

Artnetta Vines

Howard Hanna License #421461 Listed on: 02/12/2018

Howard Hanna

Last Buyer's Agent

Milda Colon

House to Home Real Estate Professionals, LLC. License #2017000920

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • East Facing Home
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Gravity Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Homewood Community

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 03-00-079-101-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,412

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: East
  • Price Per Square Foot: 39.06
  • Estimated Price per Sq Ft: 39.06
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1792
  • Year Built: 1948
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1948

Interior Features

  • Appliances Equipment: Smoke Detector
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1792.00
  • Sq Ft Approx Total Finished: 1792.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached, Electric
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Gravity
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Homewood

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 03-00-079-101-001

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Gross Income: 900.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1412

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

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2019 01/22/19 Sold $70,000 -6.5% $39 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $74,900 -5.8% $42 / Sq Ft
02/12/2018 02/12/18 For Sale $79,500 -- $44 / 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 $2,160 $51,135 $10,584 $40,551
2023 $1,803 $34,122 $6,339 $27,783
2022 $1,787 $34,122 $6,339 $27,783
2021 $1,787 $34,122 $6,339 $27,783
2020 $1,657 $27,470 $5,100 $22,370
2019 $1,647 $27,470 $5,100 $22,370
2018 $1,648 $27,470 $5,100 $22,370
2017 $1,423 $22,360 $5,930 $16,430
Source: Public Records

Agents Affiliated with this Home

  • Artnetta Vines

    Seller's Agent in 2019

    Artnetta Vines

    Howard Hanna

    (440) 452-7580

    39 in this area

    184 Total Sales

    Artnetta Vines
    Section Image
  • Milda Colon

    Buyer's Agent in 2019

    Milda Colon

    House to Home Real Estate Professionals, LLC.

    (440) 714-1920

    11 in this area

    17 Total Sales

    Milda Colon
    Section Image
  • Dina Hernandez

    Buyer Co-Listing Agent in 2019

    Dina Hernandez

    Howard Hanna

    (440) 986-1202

    110 in this area

    172 Total Sales

    Dina Hernandez
    Section Image
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Map

Source: MLS Now

MLS Number: 3972793

MLS Now
Ohio Lorain County Lorain 44055

3961 Gary Ave, Lorain, OH

Not Listed for Sale

MultiFamily

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