518 W 28th St Lorain, OH 44055
3
Beds
1
Bath
1,356
Sq Ft
3,920
Sq Ft Lot
Highlights
- Colonial Architecture
- Community Playground
- Forced Air Heating System
- 1 Fireplace
- Park
About This Home
As of April 2025Come check out this 3 bed, 1 bath colonial with front porch and interior updates throughout. With 3 big bedrooms and 1 full bath which has been completed renovated including new flooring, vanity, and tile. Many other updates throughout including a new kitchen with all new cabinets, flooring, and backsplash. Fresh new carpeting (with hardwood flooring underneath), and fresh paint throughout. Full unfinished basement perfect for all your storage needs, and private drive with enough space for multiple cars. Other updates include major roof repairs, updated electrical, and plumbing. With average market rent $850-$950, this in an incredible opportunity to add a cash flow rent ready property to your portfolio! Get in touch and schedule your showing today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,111
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,356 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 02-01-003-192-017
Community Details
Overview
- Highland Park Community
Recreation
- Community Playground
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2024
Closed on
Apr 17, 2025
Sold by
Mendez Daisy
Bought by
Rieker Craig
Seller's Agent
Danielle Hughes
Elite Class Realty LLC
Buyer's Agent
Bonnie Phillips
Redfin Real Estate Corporation
List Price
$130,000
Sold Price
$118,200
Premium/Discount to List
-$11,800
-9.08%
Views
105
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.36%
Purchase Details
Listed on
Oct 25, 2021
Closed on
Nov 16, 2021
Sold by
Ni Dynamic Investments Llc
Bought by
Mendez Daisy
Seller's Agent
Judie Crockett
Howard Hanna
Buyer's Agent
Danielle Hughes
Elite Class Realty LLC
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.15%
Purchase Details
Listed on
Mar 26, 2021
Closed on
Apr 22, 2021
Sold by
Edwards Michael and Edwards Sandra Lynn
Bought by
Ni Dynamic Investment Llc
Seller's Agent
Lori Elswick
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$45,000
Sold Price
$41,500
Premium/Discount to List
-$3,500
-7.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.90%
Purchase Details
Closed on
Dec 8, 2005
Sold by
Edwards Robert J
Bought by
Edwards Michael
Purchase Details
Closed on
Nov 15, 2004
Sold by
Edwards Robert J
Bought by
Edwards Robert J and Robert J Edwards Trust
Purchase Details
Closed on
Mar 8, 2001
Sold by
United Companies Lending Corp
Bought by
Edwards Robert J
Purchase Details
Closed on
Jul 31, 2000
Sold by
Stevens Victoria L
Bought by
United Companies Lending Corp
Purchase Details
Closed on
Jul 6, 1998
Sold by
Papp Yolanda M and Papp Nancy
Bought by
Stevens Victoria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
7.18%
Mortgage Type
Balloon
Similar Homes in Lorain, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $118,200 | Chicago Title | |
| Warranty Deed | $55,000 | Titleco Title Agency | |
| Warranty Deed | $41,500 | None Available | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $57,500 | -- | |
| Sheriffs Deed | $40,000 | -- | |
| Warranty Deed | $64,800 | Lorain County Title Co Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,000 | Unknown | |
| Previous Owner | $51,800 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $118,200 | 0.0% | $87 / Sq Ft |
| 03/14/2025 03/14/25 | Off Market | $118,200 | -- | -- |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | Price Changed | $120,000 | -5.5% | $88 / Sq Ft |
| 02/21/2025 02/21/25 | Price Changed | $127,000 | -2.3% | $94 / Sq Ft |
| 10/06/2024 10/06/24 | For Sale | $130,000 | +136.4% | $96 / Sq Ft |
| 11/19/2021 11/19/21 | Sold | $55,000 | -15.4% | $41 / Sq Ft |
| 11/06/2021 11/06/21 | Pending | -- | -- | -- |
| 10/25/2021 10/25/21 | For Sale | $65,000 | +56.6% | $48 / Sq Ft |
| 04/26/2021 04/26/21 | Sold | $41,500 | -7.8% | $31 / Sq Ft |
| 04/02/2021 04/02/21 | Pending | -- | -- | -- |
| 03/26/2021 03/26/21 | For Sale | $45,000 | -- | $33 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $1,024 | $24,231 | $2,632 | $21,599 |
| 2023 | $1,102 | $20,850 | $2,380 | $18,470 |
| 2022 | $1,092 | $20,850 | $2,380 | $18,470 |
| 2021 | $1,092 | $20,850 | $2,380 | $18,470 |
| 2020 | $1,111 | $18,430 | $2,100 | $16,330 |
| 2019 | $1,105 | $18,430 | $2,100 | $16,330 |
| 2018 | $1,106 | $18,430 | $2,100 | $16,330 |
| 2017 | $1,005 | $15,790 | $2,760 | $13,030 |
| 2016 | $997 | $15,790 | $2,760 | $13,030 |
| 2015 | $942 | $15,790 | $2,760 | $13,030 |
| 2014 | $870 | $14,630 | $2,560 | $12,070 |
| 2013 | $864 | $14,630 | $2,560 | $12,070 |
Source: Public Records
Agents Affiliated with this Home
-
Danielle Hughes
Seller's Agent in 2025
Danielle Hughes
Elite Class Realty LLC
(440) 989-6003
64 in this area
107 Total Sales
-
Buyer's Agent in 2025
Bonnie Phillips
Redfin Real Estate Corporation
(216) 990-8895
-
Judie Crockett
Seller's Agent in 2021
Judie Crockett
Howard Hanna
(440) 897-7879
3 in this area
1,510 Total Sales
-
Lori Elswick
Seller's Agent in 2021
Lori Elswick
Berkshire Hathaway HomeServices Lucien Realty
(440) 396-5431
16 in this area
103 Total Sales
-
Erin Stockdale
Seller Co-Listing Agent in 2021
Erin Stockdale
Howard Hanna
(440) 227-3194
1 in this area
75 Total Sales
-
Michael Kaim
Buyer's Agent in 2021
Michael Kaim
Real of Ohio
(440) 228-8046
3 in this area
1,603 Total Sales
Map
Source: MLS Now
MLS Number: 4328237
APN: 02-01-003-192-017
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