NOT LISTED FOR SALE

400 Sheffield Center Lorain, OH 44055

Estimated Value: $51,277

5 Acres
$10,054 Price per Acre
222,156 Sq Ft Lot

Last Sold October 25, 2022

Last sale price $45,000

Est. 14% increase in value since last sale

Current estimated payment $370/month

409 Days on Market

Highlights

  • City View
  • Corner Lot
  • Shops

About This Lot

As of October 2022

Great Investment Opportunity comprised of 5 Acres located to the East and Next to Sheffield Center Shopping Plaza. Local Demographics include Marc's, Apples Supermarket, O'Reilly Auto Parts, Dollar General, Speedway, Good Year Tire, other retail establishments, restaurants, and local governmental agencies. Apartments and Residential Homes within close proximity to the North. 2020 Lorain County Auditor Tax Assessed Market Value is $224,400., thus priced to sell with the great potential for built in equity. Utilities are curbside on site (Water, Gas, Electric, Cable). This Location is within easy access to I-90/Route 2; I-80, Route 57 and minutes from Route 20 and I-480.

Last Agent to Sell the Property

Bill Latrany

Berkshire Hathaway HomeServices Lucien Realty License #387600 Listed on: 09/01/2021

Berkshire Hathaway HomeServices Lucien Realty

Co-Listed By

Lynne Gargas

Deleted Agent License #2012001457

Last Buyer's Agent

Bill Latrany

Berkshire Hathaway HomeServices Lucien Realty License #387600 Listed on: 09/01/2021

Berkshire Hathaway HomeServices Lucien Realty

Property Details

Property Type

  • Land

Lot Details

  • 5.1 Acre Lot
  • Lot Dimensions are 232x781
  • Corner Lot

Property Views

  • City Views

Community Details

  • Sheffield Community
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 03-00-112-101-079

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Commercial
  • Court Ordered Y N: No
  • Geocode Confidence: Low
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City View
  • Frontage Feet: 232

Garage/Parking

  • Driveway: Paved

Utilities

  • Water/Sewer: Public Water, Public Sewer
  • Utilities Available: 3 Phase Wire, Cable, Electric, Gas, Phone Lines, Sewer, Water

Association/Amenities

  • Amenities: Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Sheffield

Schools

  • School District: Lorain CSD
  • School District: Lorain Csd

Lot Info

  • Lot Dimensions: 232x781
  • Improvements: Curb Cuts, Curbs & Gutters, Electric, Gas, Paved Streets, Storm Drains
  • Irregular Lot Yn: Yes
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 5.1000
  • Topography: Cleared, Level
  • Parcel Number: 03-00-112-101-079

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 5234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 24, 2022
Sold by
Lire Investments Inc
Bought by
K And K Properties And Management Llc
Seller's Agent
Bill Latrany
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Bill Latrany
Berkshire Hathaway HomeServices Lucien Realty
List Price
$135,000
Sold Price
$45,000
Premium/Discount to List
-$90,000
-66.67%
Total Days on Market
409
Views
5
Current Estimated Value
$51,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,277
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Mar 8, 2005
Sold by
Sheffield Enteprises Ltd
Bought by
Sheffield Enteprises Ii Ltd
Source: Public Records

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Range of Values:

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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
K And K Properties And Management Llc $45,000 --
Sheffield Enteprises Ii Ltd -- Surety Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $45,000 -66.7% --
10/15/2022 10/15/22 Pending -- -- --
09/01/2021 09/01/21 For Sale $135,000 -- --
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 $1,173 $21,756 $21,756 --
2023 $1,020 $15,750 $15,750 --
2022 $5,259 $78,540 $78,540 $0
2021 $5,322 $78,540 $78,540 $0
2020 $5,234 $78,540 $78,540 $0
2019 $5,209 $78,540 $78,540 $0
2018 $5,209 $78,540 $78,540 $0
2017 $6,157 $83,450 $83,450 $0
2016 $6,186 $83,450 $83,450 $0
2015 $6,196 $83,450 $83,450 $0
2014 $6,336 $83,450 $83,450 $0
2013 $5,763 $83,450 $83,450 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Latrany

    Seller's Agent in 2022

    Bill Latrany

    Berkshire Hathaway HomeServices Lucien Realty

    (440) 984-3266

    37 Total Sales

    Bill Latrany
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Lynne Gargas

    Deleted Agent

    (440) 387-3134

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Map

Source: MLS Now

MLS Number: 4313265

MLS Now

APN: 03-00-112-101-079

Ohio Lorain County Lorain 44055

400 Sheffield Center, Lorain, OH

This home is located at 400 Sheffield Center, Lorain, OH 44055 since 01 September 2021 and is currently estimated at $51,277. 400 Sheffield Center is a home located in Lorain County with nearby schools including Vincent Elementary School, Durling Middle School, and Clearview 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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