NOT LISTED FOR SALE

518 Lake Ave Elyria, OH 44035

7 Beds
3 Baths
2,568 Sq Ft
5,227 Sq Ft Lot

Last Sold January 31, 2022

Last sale price $110,000 $43 Per Sq Ft

47 Days on Market

About This Home

As of January 2022

Three unit investment property. Two units are three bedroom and one full bath each and are currently rented. The third unit is above the detached garage and is 288 square feet and is a one bedroom one bath . The two rented units have long term tenants that would like to stay.

Last Agent to Sell the Property

Marybeth Allen

Russell Real Estate Services License #434057 Listed on: 11/07/2021

Russell Real Estate Services

Co-Listed By

Marie McCaskey

Mader Realty, LLC. License #2020000332

Last Buyer's Agent

James Wise

The Holton-Wise Property Group LLC License #2015001161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1906

Lot Details

  • 5,227

Parking

  • 1 Car Detached Garage

Home Design

  • 2,568 Sq Ft Home
  • Tri-Level Property
  • Asphalt Roof
  • Stucco

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Range
  • Laundry in unit
  • 5,227 Sq Ft Lot
  • Unfinished Basement

Community Details

  • 2 Buildings
  • 3 Units
  • C A Bronsons Community

Listing and Financial Details

  • Assessor Parcel Number 06-24-085-104-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 42.83
  • Estimated Price per Sq Ft: 42.83
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 2568
  • Year Built: 1906
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2568.00
  • Sq Ft Approx Total Finished: 2568.00

Exterior Features

  • Exterior: Stucco, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: C A Bronsons

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1200
  • Parcel Number: 06-24-085-104-008

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 2
  • Number of Units: 3

Tax Info

  • Tax: 2242

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $110,000 -10.2% $43 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $122,500 0.0% $48 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $122,500 -- $48 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marybeth Allen

    Russell Real Estate Services

    3 in this area

    11 Total Sales

    Marybeth Allen
    Section Image
  • Marie McCaskey

    Seller Co-Listing Agent in 2022

    Marie McCaskey

    Mader Realty, LLC.

    (440) 497-8747

    3 in this area

    32 Total Sales

    Marie McCaskey
    Section Image
  • James Wise

    Buyer's Agent in 2022

    James Wise

    The Holton-Wise Property Group LLC

    (216) 661-6633

    27 in this area

    375 Total Sales

    James Wise
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4331039

MLS Now

APN: 06-24-085-104-008

Ohio Lorain County Elyria 44035

518 Lake Ave, Elyria, OH

Not Listed for Sale

MultiFamily

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