NOT LISTED FOR SALE

637 Root Rd Lorain, OH 44052

4 Beds
4 Baths
1,768 Sq Ft
9,148 Sq Ft Lot

Last Sold September 26, 2024

Last sale price $144,000 $81 Per Sq Ft

3 Days on Market

Highlights

  • Ceiling Fan
  • 2 Car Garage
  • Property is Fully Fenced
  • Baseboard Heating

About This Home

As of September 2024

Welcome to this well-maintained colonial duplex. An excellent investment opportunity with a long-term tenant currently occupying half the duplex providing immediate rental income. The other side is available for you to call it home or for further rental income. The choice is yours.
Each unit boasts comfortable living spaces with 2 bedrooms and 1 1/2 bathrooms. Each unit has it's own utility space. so no need to share a space. Enjoy the outdoors with a shared front porch. As you head around into the spacious backyard, you will see your own personal fenced in patio area that is not shared with the neighbor. Each unit also has their own garage, so no need to park anywhere else.
Don't miss out on this fantastic opportunity to own a multi-family property. Schedule a showing today!

Last Agent to Sell the Property

Danielle Preyss

Howard Hanna Brokerage Email: daniellepreyss@howardhanna.com 440-552-6644 License #2013004343 Listed on: 08/21/2024

Howard Hanna

Last Buyer's Agent

Steven Lawson

Russell Real Estate Services License #2020000096

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1979

Lot Details

  • 9,148 Sq Ft Lot
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,768 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 03-00-031-105-042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,014

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1979
  • Attribution Contact: daniellepreyss@howardhanna.com 440-552-6644
  • Above Grade Finished Sq Ft: 1768.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: No
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass, Shingle
  • Fencing: Chain Link, Full, Privacy, Wood
  • Acres: 0.21
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Cedar
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Paved

Utilities

  • Cooling: Ceiling Fan(s), None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-031-105-042
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2014.0
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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 Prior Sale
09/26/2024 09/26/24 Sold $144,000 +2.9% $81 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $140,000 +59.1% $79 / Sq Ft
09/05/2017 09/05/17 Sold $88,000 -11.9% $50 / Sq Ft View Prior Sale
07/17/2017 07/17/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $99,900 -- $57 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $1,951 $46,732 $5,198 $41,535
2023 $2,013 $38,584 $5,716 $32,869
2022 $1,996 $38,584 $5,716 $32,869
2021 $1,996 $38,584 $5,716 $32,869
2020 $1,905 $32,000 $4,740 $27,260
2019 $1,894 $32,000 $4,740 $27,260
2018 $1,895 $32,000 $4,740 $27,260
2017 $1,860 $29,240 $6,050 $23,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5063085

MLS Now (Howard Hanna)