$176,513
SOLD MAY 20, 2026

508 Wood St Elyria, OH 44035

6 Beds
2 Baths
2,440 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: May 20, 2026

$72 Per Sq Ft

4% Above List Price

6 Days on Market

Highlights

  • 2 Car Attached Garage
  • Ceiling Fan
  • Baseboard Heating
  • Midview West Elementary School Rated 9+

About This Home

As of May 2026

Some properties are priced for perfection. This one is priced for potential — and that's exactly the point. This side-by-side duplex is a straightforward opportunity for the investor who knows how to see past paint and patched walls, or for the buyer who's ready to stop paying someone else's mortgage and start building something of their own. House hacking done right starts with a property like this. Each unit offers 1,220 square feet, 3 bedrooms, a full bath, and an attached single-car garage — a layout that rents well and lives well. One side is currently tenant-occupied and generating income from day one. The other side is vacant, has been updated, and is move-in ready with two things standing between you and full occupancy: paint and a little wall repair. That's it. That's the ask. The big stuff? Already handled. A brand new roof and gutters installed November 2023— one of the most expensive line items any investor dreads is already off your list. The pricing here is intentional. It reflects the current rental market in the area, the cosmetic work ahead, and the very real upside waiting on the other side of it. This isn't a hidden gem that nobody noticed. It's a property that rewards buyers who show up prepared and move with clarity. Whether you're adding to a portfolio or stepping into your first house hack, 508-510 Wood St meets you where you are — and gives you room to grow. Priced for the work. Built for the return.

Last Agent to Sell the Property

Traci Taylor

EXP Realty, LLC. Brokerage Email: tracitaylorrealtor@gmail.com, 216-280-0934 License #2020001279 Listed on: 03/28/2026

EXP Realty, LLC.

Last Buyer's Agent

Melissa McConaughey

Russell Real Estate Services License #2010001648

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,314

Year Built

  • Built in 1978

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 10,890 Sq Ft Lot
  • Baseboard Heating

Community Details

  • Colonial Oaks Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-00-004-113-043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,314

Year Built

Built in 1978

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1978
  • Attribution Contact: tracitaylorrealtor@gmail.com, 216-280-0934
  • Subdivision Name: Colonial Oaks Sub
  • Above Grade Finished Sq Ft: 2440.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass, Shingle
  • Acres: 0.25
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Midview LSD - 4710

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 10-00-004-113-043

Tax Info

  • Tax Annual Amount: 2314.0

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
Mar 28, 2026
Closed on
May 19, 2026
Sold by
Bought by
Seller's Agent
Traci Taylor
EXP Realty, LLC.
Buyer's Agent
Melissa McConaughey
Russell Real Estate Services
List Price
$169,900
Sold Price
$176,513
Premium/Discount to List
$6,613
3.89%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-71.49%
Original Mortgage
$132,000
Outstanding Balance
$132,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$25,664

Purchase Details

Closed on
Mar 7, 2023
Sold by
Bought by
Source: Public Records
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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 Type Sale Price Title Company
Warranty Deed $176,600 American Title
Warranty Deed $80,000 None Listed On Document
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 Loan Amount Loan Type
Open $132,000 New Conventional
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
05/20/2026 05/20/26 Sold $176,513 +3.9% $72 / Sq Ft
03/28/2026 03/28/26 For Sale $169,900 -- $70 / 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 $2,287 $52,560 $9,412 $43,148
2023 $1,983 $41,825 $7,410 $34,416
2022 $1,978 $41,825 $7,410 $34,416
2021 $1,984 $41,825 $7,410 $34,416
2020 $1,935 $37,950 $6,720 $31,230
2019 $1,928 $37,950 $6,720 $31,230
2018 $1,951 $37,950 $6,720 $31,230
2017 $1,031 $18,530 $3,750 $14,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5196871

MLS Now

APN: 10-00-004-113-043

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