NOT LISTED FOR SALE

420 Kansas Ave Lorain, OH 44052

Lorain Area

Estimated Value: $154,000 - $214,806

4 Beds
2 Baths
2,610 Sq Ft
$67/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2021

Last sale price $105,000 $40 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,133 / mo

9 Days on Market

Highlights

  • City View
  • Park
  • East Facing Home
  • Community Playground
  • Forced Air Heating System

About This Home

As of September 2021

Time to Enter the Profit Zone! This well maintained side-by-side duplex is perfectly situated among fine homes located near beautiful Lake Erie, updated kitchens, windows, spacious two bedrooms each unit, large decks, full basement, two car garage foundation, great curb appeal, fully occupied, close to major highways, shopping, restaurants, entertainment district, reside in premises and live free by renting one unit or rent both units to create a positive cash flow. See a traditionally smart investment and seize this opportunity today!

Last Agent to Sell the Property

Andrea Neal

Russell Real Estate Services License #2004002356 Listed on: 08/02/2021

Russell Real Estate Services

Last Buyer's Agent

Vaughn Martin

RE/MAX Crossroads Properties License #2003018395

RE/MAX Crossroads Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1917

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home

Home Design

  • Slate Roof

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Parking Garage Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 02-00-051-121-028

Community Details

Overview

  • 2 Units

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,392

Year Built

Built in 1917

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: East
  • Price Per Square Foot: 40.23
  • Estimated Price per Sq Ft: 40.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2610
  • Year Built: 1917
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1917

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2610.00
  • Sq Ft Approx Total Finished: 2610.00

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Roof: Slate

Garage/Parking

  • Driveway: Paved
  • Garage Features: Parking Garage

Utilities

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

Association/Amenities

  • Amenities: Park, Playground

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2000
  • Parcel Number: 02-00-051-121-028

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1392

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Aug 16, 2021
Sold by
Bought by
Seller's Agent
Andrea Neal
Russell Real Estate Services
Buyer's Agent
Vaughn Martin
RE/MAX Crossroads Properties
List Price
$119,000
Sold Price
$105,000
Premium/Discount to List
-$14,000
-11.76%
Current Estimated Value
$175,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,202
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
May 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,787
Interest Rate
0.0702%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$105,000 Fidelity National Title
-- None Available
$86,000 Lorain County Title Co Inc
Source: Public Records

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 Borrower Loan Amount
Previous Owner $85,787
Source: Public Records

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
09/15/2021 09/15/21 Sold $105,000 -11.8% $40 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $119,000 -- $46 / Sq Ft
Source: MLS Now

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 $2,144 $50,750 $5,870 $44,881
2023 $1,510 $28,585 $7,672 $20,913
2022 $1,497 $28,585 $7,672 $20,913
2021 $1,497 $28,585 $7,672 $20,913
2020 $1,392 $23,090 $6,200 $16,890
2019 $1,385 $23,090 $6,200 $16,890
2018 $1,385 $23,090 $6,200 $16,890
2017 $1,455 $22,870 $6,320 $16,550
Source: Public Records

Agents Affiliated with this Home

  • Andrea Neal

    Seller's Agent in 2021

    Andrea Neal

    Russell Real Estate Services

    (440) 315-0686

    202 Total Sales

    Andrea Neal
    Section Image
  • Vaughn Martin

    Buyer's Agent in 2021

    Vaughn Martin

    RE/MAX Crossroads

    (440) 454-2621

    131 Total Sales

    Vaughn Martin
    Section Image
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Map

Source: MLS Now

MLS Number: 4304715

MLS Now

APN: 02-00-051-121-028

Ohio Lorain County Lorain 44052

420 Kansas Ave, Lorain, OH

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