NOT LISTED FOR SALE

400 W 23rd St Lorain, OH 44052

Estimated Value: $106,000 - $140,000

11 Beds
11 Baths
-- Sq Ft
7,501 Sq Ft Lot

Last Sold July 26, 2016

Last sale price $51,000

Est. 137% increase in value since last sale

Current estimated payment $657/month

148 Days on Market

About This Home

As of July 2016

Both parcels are being sold together, with a total of 11 units.
400 W 23rd St has 7 1-bedroom, 1-bath units renting for $350/month and 2 1-bedroom, 1-bath efficiencies renting for $300 and $280/month.
346 W 23rd St has 2 1-bedroom, 1-bath units renting for $400/month. All 11 units are currently occupied (confirmed 5/2/16).

Last Agent to Sell the Property

Jason McLaughlin

Deleted Agent License #2015005545 Listed on: 02/29/2016

Last Buyer's Agent

Jason McLaughlin

Deleted Agent License #2015005545 Listed on: 02/29/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,501

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 7,501 Sq Ft Lot

Community Details

  • 2 Buildings
  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 02-01-003-171-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Actual YBT
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 11
  • Total Bathrooms: 11.00
  • Full Bathrooms: 11

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

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

Lot Info

  • Additional Assessor Parcel Number 1: 0201003171028
  • Lot Size Units: Acres
  • Acres: 0.1722
  • Parcel Number: 02-01-003-171-027

Multi Family

  • Num Of Buildings: 2
  • Number of Units: 11
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Palouise Capital Group Llc
Bought by
City Of Lorain
Total Days on Market
148
Current Estimated Value
$121,000

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jul 26, 2016
Sold by
Tkalcec Carl D and Tkalcec Mary
Bought by
Palouse Capital Group Llc
Seller's Agent
Jason McLaughlin
Deleted Agent
Buyer's Agent
Jason McLaughlin
Deleted Agent
List Price
$60,000
Sold Price
$51,000
Premium/Discount to List
-$9,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
City Of Lorain $35,000 None Available
Palouse Capital Group Llc $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palouse Capital Group Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2016 07/26/16 Sold $51,000 -15.0% --
07/26/2016 07/26/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $60,000 -- --
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 -- -- -- --
2023 $181 $3,420 $3,420 $0
2022 $179 $3,420 $3,420 $0
2021 $2,264 $3,420 $3,420 $0
2020 $2,326 $28,970 $4,810 $24,160
2019 $2,306 $28,970 $4,810 $24,160
2018 $2,264 $28,970 $4,810 $24,160
2017 $2,003 $23,180 $3,150 $20,030
2016 $1,978 $23,180 $3,150 $20,030
2015 $1,886 $23,180 $3,150 $20,030
2014 $1,864 $23,180 $3,150 $20,030
2013 $1,868 $23,180 $3,150 $20,030
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jason McLaughlin

    Deleted Agent

    (216) 785-5203

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Map

Source: MLS Now

MLS Number: 3787267

MLS Now

APN: 02-01-003-171-027

Ohio Lorain County Lorain 44052

400 W 23rd St, Lorain, OH

This home is located at 400 W 23rd St, Lorain, OH 44052 since 29 February 2016 and is currently estimated at $121,000. This property was built in 1900. 400 W 23rd St is a home located in Lorain County with nearby schools including Garfield Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

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