4047 Tacoma Ave Lorain, OH 44055
Lorain AreaEstimated payment $852/month
Highlights
- No HOA
- Partially Fenced Property
- 3-minute walk to Homewood Park
- Forced Air Heating System
- 1-Story Property
About This Home
Attention investors and savvy buyers! Rent is $1,200 per month, tenant pays all utilities, and the property recently passed its LMHA inspection and re-certification. Don’t miss this incredible opportunity to add an immediate, low-stress income producer to your portfolio. This well-maintained home features a fantastic long-term tenant who pays on time every month, with a large portion supported by local housing assistance. Built on a concrete slab foundation so there is no basement to worry about. Whether you're looking for a hassle-free, day one cash generator or a property with strong long-term market potential, this home is a winner. Call to schedule your private tour today!
Listing Agent
Russell Real Estate Services Brokerage Email: Sherriehaas@gmail.com, 216-215-6132 License #2019002009 Listed on: 08/07/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,767
Year Built
- Built in 1954
Lot Details
- 8,276 Sq Ft Lot
- Partially Fenced Property
- Chain Link Fence
Parking
- Driveway
Home Design
- Slab Foundation
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,044 Sq Ft Home
- 1-Story Property
- Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 03-00-079-105-002
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,315 | $32,743 | $11,760 | $20,983 |
| 2023 | $1,118 | $21,158 | $7,042 | $14,116 |
| 2022 | $1,108 | $21,158 | $7,042 | $14,116 |
| 2021 | $1,108 | $21,158 | $7,042 | $14,116 |
| 2020 | $1,027 | $17,040 | $5,670 | $11,370 |
| 2019 | $1,021 | $17,040 | $5,670 | $11,370 |
| 2018 | $1,022 | $17,040 | $5,670 | $11,370 |
| 2017 | $1,122 | $17,650 | $7,680 | $9,970 |
| 2016 | $1,114 | $17,650 | $7,680 | $9,970 |
| 2015 | $1,052 | $17,650 | $7,680 | $9,970 |
| 2014 | $1,005 | $16,880 | $7,350 | $9,530 |
| 2013 | $997 | $16,880 | $7,350 | $9,530 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2026 09/11/26 | Price Changed | $112,000 | -6.7% | $107 / Sq Ft | |
| 08/07/2026 08/07/26 | For Sale | $120,000 | +159.5% | $115 / Sq Ft | |
| 05/24/2017 05/24/17 | Sold | $46,250 | -15.8% | $44 / Sq Ft | View Prior Sale |
| 05/03/2017 05/03/17 | Pending | -- | -- | -- | |
| 09/20/2016 09/20/16 | For Sale | $54,900 | -- | $53 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $85,000 | American Patriot Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $46,300 | -- | |
| Quit Claim Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $51,600 | Unknown |
Source: MLS Now
MLS Number: 5234830
APN: 03-00-079-105-002
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Ask me questions while you tour the home.