Heather Dimitrov
Keller Williams Elevate
(234) 386-8684
235 Total Sales
2 in Lorain
$100K - $280K Price Range
637 Root Rd Lorain, OH 44052
Lorain AreaEstimated Value: $147,000 - $175,346
4
Beds
4
Baths
1,768
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- Ceiling Fan
- 2 Car Garage
- Property is Fully Fenced
- Baseboard Heating
About This Home
As of September 2024Welcome 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
Howard Hanna Brokerage Email: daniellepreyss@howardhanna.com 440-552-6644 License #2013004343 Listed on: 08/21/2024
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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
- Duplex
- Slab Foundation
- Shingle Roof
- 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
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
Aug 21, 2024
Closed on
Sep 25, 2024
Sold by
Bought by
Seller's Agent
Danielle Preyss
Howard Hanna
Buyer's Agent
Steven Lawson
Russell Real Estate Services
List Price
$140,000
Sold Price
$144,000
Premium/Discount to List
$4,000
2.86%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,337
Avg. Annual Appreciation
8.11%
Purchase Details
Listed on
Jul 5, 2017
Closed on
Aug 31, 2017
Sold by
Bought by
Seller's Agent
Donna Miller
Howard Hanna
Buyer's Agent
Danielle Preyss
Howard Hanna
List Price
$99,900
Sold Price
$88,000
Premium/Discount to List
-$11,900
-11.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$86,406
Interest Rate
4.75%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lorain, OH
-
Heather Dimitrov
-
Joy Lawrence
Joy Lawrence
Howard Hanna
(440) 581-1282
48 Total Sales
5 in Lorain
$17K - $350K Price Range
-
Vincent Yurak
Vincent Yurak
YUR Better Homes LLC
(216) 999-4495
45 Total Sales
3 in Lorain
$79K - $135K Price Range
-
Doris Neenan
Doris Neenan
The Holden Agency
(440) 581-1965
26 Total Sales
4 in Lorain
$172K - $260K Price Range
-
Kerri Hensel
Kerri Hensel
Simply Better Realty, LLC
(380) 333-5822
161 Total Sales
1 in Lorain
$269,000 Price
-
Joanne Davis
Joanne Davis
Century 21 Homestar
(844) 838-3920
53 Total Sales
1 in Lorain
$98,900 Price
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 |
|---|---|---|---|
| $144,125 | Miller Home Title | ||
| $88,000 | -- |
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 | $145,000 | ||
| Previous Owner | $86,406 |
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 |
|---|---|---|---|---|---|
| 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
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 | $1,951 | $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
-
Danielle Preyss
Seller's Agent in 2024
Danielle Preyss
Howard Hanna
(440) 552-6644
28 Total Sales
-
Steven Lawson
Buyer's Agent in 2024
Steven Lawson
Russell Real Estate Services
(440) 320-9888
571 Total Sales
-
Donna Miller
Seller's Agent in 2017
Donna Miller
Howard Hanna
(440) 396-8063
11 Total Sales
-
Donna Templeton
Seller Co-Listing Agent in 2017
Donna Templeton
Howard Hanna
(440) 396-8063
186 Total Sales
Map
Source: MLS Now (Howard Hanna)
MLS Number: 5063085
APN: 03-00-031-105-042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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