$89,900
$20K PRICE DROP

723 E St Lorain, OH 44052

Estimated payment $552/month

Total Views 29,609
2 Beds
1 Bath
1,026 Sq Ft
$88 Price per Sq Ft

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

Discover this fantastic investment opportunity on Lorain's desirable east side! This well-maintained vinyl-sided property features updated vinyl windows and numerous recent improvements. Currently generating $1,100 per month in rental income, with the owner covering water, sewer, and trash services, while the tenant is responsible for all other utilities and provides their own appliances. Don't miss out on this income-producing gem—schedule your showing today before it's gone!

Listing Agent

Matthew Klein

Walnut Creek Realty, LLC. Brokerage Phone: 216-785-2345 License #2018000266 Listed on: 01/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1923

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,026 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Fairhome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-01-003-105-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1923
  • Attribution Contact: 216-785-2345, 216-785-2345
  • Subdivision Name: Fairhome
  • Above Grade Finished Sq Ft: 1026.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.08
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-003-105-022
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 938.0

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,151 $27,248 $2,548 $24,700
2023 $938 $17,756 $2,524 $15,232
2022 $906 $17,756 $2,524 $15,232
2021 $906 $17,756 $2,524 $15,232
2020 $843 $14,340 $2,040 $12,300
2019 $838 $14,340 $2,040 $12,300
2018 $811 $14,340 $2,040 $12,300
2017 $784 $12,650 $1,700 $10,950
2016 $778 $12,650 $1,700 $10,950
2015 $734 $12,650 $1,700 $10,950
2014 $769 $12,650 $1,700 $10,950
2013 $727 $12,650 $1,700 $10,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $89,900 0.0% $88 / Sq Ft
07/27/2025 07/27/25 Off Market $89,900 -- --
06/26/2025 06/26/25 Price Changed $89,900 -5.3% $88 / Sq Ft
04/08/2025 04/08/25 Price Changed $94,900 -4.1% $92 / Sq Ft
02/28/2025 02/28/25 Price Changed $99,000 -9.9% $96 / Sq Ft
01/27/2025 01/27/25 For Sale $109,900 -- $107 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $16,271 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $86,900 Unknown
Previous Owner $69,000 Unknown
Source: Public Records

Source: MLS Now

MLS Number: 5096954

MLS Now

APN: 02-01-003-105-022