NOT LISTED FOR SALE

725 Washington Ave Lorain, OH 44052

Lorain Area
6 Beds
2 Baths
2,242 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: May 28, 2021

Last sale price $95,000 $42 Per Sq Ft

2 Days on Market

About This Home

As of May 2021

Inviting, well maintained double! Great opportunity to live in one and let the other pay your mortgage. Newer roof- 2018, windows down 2020 and windows up 2015, Flooring down 2021 and upper unit 2018, Furnace upper unit 10yrs, both water heaters 2015, Each apt has own washer and dryer. Great location across from Admiral King Elem school and 1 block to library.

Last Agent to Sell the Property

Ada Wiley

Howard Hanna License #0700204924 Listed on: 05/12/2021

Howard Hanna

Last Buyer's Agent

Ada Wiley

Howard Hanna License #0700204924 Listed on: 05/12/2021

Howard Hanna
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 1923

Lot Details

  • 5,663 Sq Ft Lot
  • Wooded Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Harvey D Cornwells Community

Listing and Financial Details

  • Tenant pays for electric, gas, heating
  • Assessor Parcel Number 02-01-005-113-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,034

Year Built

Built in 1923

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 42.37
  • Estimated Price per Sq Ft: 42.37
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2242
  • Year Built: 1923
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Common, Full
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2242.00
  • Sq Ft Approx Total Finished: 2242.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Harvey D Cornwells

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 02-01-005-113-008

Rental Info

  • Tenant Pays: Electric, Gas, Heating

Multi Family

  • Unit Count: 1
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 1

Tax Info

  • Tax: 1034

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
May 12, 2021
Closed on
May 27, 2021
Sold by
Smith Eric and Smith Yimarie
Bought by
Seller's Agent
Ada Wiley
Howard Hanna
Buyer's Agent
Ada Wiley
Howard Hanna
List Price
$98,500
Sold Price
$95,000
Premium/Discount to List
-$3,500
-3.55%

Purchase Details

Closed on
Dec 12, 2005
Sold by
Velez William and Velez Rosa M
Bought by
Smith Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.4%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$95,000 Nova Title Agency Inc
Smith Eric $90,000 Apex Title Agency Ltd
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 $88,500
Previous Owner Smith Eric $90,000
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
05/28/2021 05/28/21 Sold $95,000 -3.6% $42 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $98,500 -- $44 / 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 $1,840 $45,819 $4,106 $41,713
2023 $1,025 $19,394 $3,717 $15,677
2022 $1,003 $19,394 $3,717 $15,677
2021 $1,016 $19,394 $3,717 $15,677
2020 $1,034 $17,150 $3,290 $13,860
2019 $1,028 $17,150 $3,290 $13,860
2018 $1,029 $17,150 $3,290 $13,860
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4278376

MLS Now

APN: 02-01-005-113-008

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