NOT LISTED FOR SALE

522 W 21st St Lorain, OH 44052

Lorain Area
6 Beds
2 Baths
1,940 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: May 22, 2024

Last sale price $121,500 $63 Per Sq Ft

35 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • Walk-Up Access
  • Corner Lot
  • South Facing Home
  • Back and Front Yard

About This Home

As of May 2024

Don't miss out on this excellent opportunity! This multi-family home with recent updates is currently rented with long term tenants in
place ($675/$700). This multi-family home is in a prime location, near downtown Lorain and schools. The single family home next door is also for sale with a month-to-month tenant. This is an excellent cash flowing property with an opportunity to live next door or add another cash flowing property in close proximity. Auditors website shows 4 bedrooms 2 baths but it is 6 bedrooms 2 baths. 3 bedrooms upstairs and 3 bedrooms downstairs.

Last Agent to Sell the Property

Ken Lencoski

Deleted Agent Brokerage Email: klencoski@gmail.com 440-420-0528 License #2022003599 Listed on: 03/04/2024

Last Buyer's Agent

Adin Homoelle

EXP Realty, LLC. License #2023004934

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • South Facing Home
  • Corner Lot
  • Level Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,940 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • City Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Basement Storage

Parking

  • No Garage
  • Parking Pad

Outdoor Features

  • Rain Gutters

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Gilbert Hogans 3Rd Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, heat, hot water, internet, snow removal, telephone
  • Assessor Parcel Number 02-01-003-161-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,074

Year Built

Built in 1900

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: klencoski@gmail.com 440-420-0528
  • ResoLotFeatures: Back Yard, Corner Lot, Flat, Front Yard, Level
  • ResoPoolFeatures: None
  • Reso View: City
  • Subdivision Name: Gilbert Hogans 3rd Add
  • Above Grade Finished Sq Ft: 1940.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Aluminum Frames
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Concrete, Storage Space, Unfinished, Walk-Up Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Asphalt, Fiberglass
  • Acres: 0.14
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: South

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, No Garage, Outside, Parking Pad

Utilities

  • LaundryFeatures: Inside, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-003-161-017
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Heat, Hot Water, Internet, Snow Removal, Telephone

Tax Info

  • Tax Annual Amount: 1074.0

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 4, 2024
Closed on
May 17, 2024
Sold by
Bought by
Seller's Agent
Ken Lencoski
Deleted Agent
Buyer's Agent
Adin Homoelle
EXP Realty, LLC.
List Price
$149,900
Sold Price
$121,500
Premium/Discount to List
-$28,400
-18.95%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,125
Interest Rate
0.0688%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2022
Sold by
Bought by

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 27, 2022
Sold by
Bought by
Seller's Agent
Michelle Carson
RE/MAX Above & Beyond
Buyer's Agent
Rebecca Bauer
Realtywise, Inc.
List Price
$72,000
Sold Price
$66,500
Premium/Discount to List
-$5,500
-7.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,550
Interest Rate
0.0416%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2020
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
$32,000
Interest Rate
0.0267%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
$121,500 None Listed On Document
-- Corpus Law Inc
$66,500 Infinity Title
-- 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 Borrower Loan Amount
Open $91,125
Previous Owner $46,550
Previous Owner $32,000
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 Prior Sale
05/22/2024 05/22/24 Sold $121,500 -6.5% $63 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $129,900 -13.3% $67 / Sq Ft
03/04/2024 03/04/24 For Sale $149,900 +125.4% $77 / Sq Ft
08/25/2023 08/25/23 Sold $66,500 -7.6% $34 / Sq Ft View Prior Sale
08/24/2023 08/24/23 Pending -- -- --
03/15/2022 03/15/22 For Sale $72,000 -- $37 / 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 $1,591 $37,667 $3,553 $34,115
2023 $1,074 $20,325 $1,607 $18,718
2022 $1,065 $20,325 $1,607 $18,718
2021 $1,038 $20,325 $1,607 $18,718
2020 $1,056 $17,970 $1,420 $16,550
2019 $1,050 $17,970 $1,420 $16,550
2018 $1,051 $17,970 $1,420 $16,550
2017 $1,050 $16,950 $3,200 $13,750
2016 $1,042 $16,950 $3,200 $13,750
2015 $983 $16,950 $3,200 $13,750
2014 $908 $15,690 $2,960 $12,730
2013 $901 $15,690 $2,960 $12,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5021385

MLS Now

APN: 02-01-003-161-017

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