NOT LISTED FOR SALE

726 Oberlin Ave Lorain, OH 44052

Estimated Value: $76,000 - $109,281

2 Beds
2 Baths
2,004 Sq Ft
$45/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $71,000 $35 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $585/month

87 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Enclosed Patio or Porch
  • East Facing Home

About This Home

As of May 2024

Investors take note - ample spaced occupied colonial home with longer term tenants. Large living room with lots of light, plenty of room for furnishings. Dining room for entertainment and plenty of cabinet and counter top space in the kitchen. Appliances stay that are owned by Seller. Large detached garage - presently used as outdoor game room, partially fenced backyard. Gas forced air heat, CA unit, enclosed front porch, full unfinished basement with some glass block windows. Current rent $950 under Section 8 program. Tenants would like to stay-lease expires 9/30/24. Buyers to perform own due diligence and verify all property information and condition. Do not disturb tenants.Properties are available as a portfolio as well. Inquire with listing agent. MLS #5018959 ,#5018881,#5018757,#5018618,#5018346,#5018346,#5018353,#5018743.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. Brokerage Email: 440-444-1307 rbauer@realtywise.com License #2003011130 Listed on: 02/19/2024

Last Buyer's Agent

jeremy rodriguez

D.A.R.E License #2025001934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 1929

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 40x132
  • East Facing Home
  • Chain Link Fence
  • Back Yard

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-02-026-112-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,188

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1929
  • Attribution Contact: 440-444-1307 rbauer@realtywise.com
  • ResoLotFeatures: Back Yard
  • Above Grade Finished Sq Ft: 1380.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • 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: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 624.0
  • Fireplace Features: None
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link
  • Acres: 0.121
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Patio, Porch

Garage/Parking

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

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air, None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • 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: 02-02-026-112-027
  • LandLeaseYN: No
  • Lot Dimensions: 40x132
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1188.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
May 20, 2024
Sold by
Gdv Lorain Llc
Bought by
Madhouse Homes Llc
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
jeremy rodriguez
D.A.R.E
List Price
$79,000
Sold Price
$71,000
Premium/Discount to List
-$8,000
-10.13%
Views
134
Current Estimated Value
$89,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,820
Avg. Annual Appreciation
3.10%
Original Mortgage
$56,800
Outstanding Balance
$56,210
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
$17,800

Purchase Details

Closed on
Nov 15, 2019
Sold by
Akin Deborah J and Allen Akin J
Bought by
Goodday Ventures Llc

Purchase Details

Closed on
Jul 15, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Akin Deborah J

Purchase Details

Closed on
Oct 30, 2008
Sold by
Witherspoon Leslie and Witherspoon Sulma
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 20, 2006
Sold by
Witherspoon Leslie and Witherspoon Sulma
Bought by
Witherspoon Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,300
Interest Rate
11.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1994
Sold by
Szucs Curtis J
Bought by
Witherspoon Leslie T and Witherspoon Sulma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,150
Interest Rate
8.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Madhouse Homes Llc $71,000 Miller Home Title
Goodday Ventures Llc -- None Available
Akin Deborah J $35,000 Servicelink Hopewell Campus
Hsbc Bank Usa National Association $46,000 None Available
Witherspoon Leslie -- None Available
Witherspoon Leslie T $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madhouse Homes Llc $56,800
Previous Owner Witherspoon Leslie $73,300
Previous Owner Witherspoon Leslie T $63,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $71,000 -4.1% $35 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/21/2024 04/21/24 Price Changed $74,000 -6.3% $37 / Sq Ft
02/19/2024 02/19/24 For Sale $79,000 -- $39 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

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 $1,309 $30,975 $4,788 $26,187
2023 $1,080 $20,444 $2,891 $17,553
2022 $1,071 $20,444 $2,891 $17,553
2021 $1,071 $20,444 $2,891 $17,553
2020 $1,090 $18,080 $2,560 $15,520
2019 $1,084 $18,080 $2,560 $15,520
2018 $1,085 $18,080 $2,560 $15,520
2017 $1,439 $22,610 $3,630 $18,980
2016 $1,427 $22,610 $3,630 $18,980
2015 $1,349 $22,610 $3,630 $18,980
2014 $1,246 $20,930 $3,360 $17,570
2013 $1,236 $20,930 $3,360 $17,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5018618

MLS Now

APN: 02-02-026-112-027