NOT LISTED FOR SALE

826 S Central Dr Lorain, OH 44052

9 Beds
4 Baths
3,624 Sq Ft
1 Acres

Last Sold September 06, 2016

Last sale price $31,600 $9 Per Sq Ft

130 Days on Market

About This Home

As of September 2016

Great investment opportunity. Fully rented! Some units have been updated. One unit has beautiful refinished hardwood floors. Several long-term tenants. Gas is now metered separately, so could be billed to tenants.

Last Agent to Sell the Property

Heather Hill

Deleted Agent License #2015004366 Listed on: 03/03/2016

Last Buyer's Agent

Michael Mendoza

FASS Management Real Estate Services LLC License #2016000583

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,624 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Central Park Homes Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric
  • The owner pays for gas, sewer, water
  • Assessor Parcel Number 02-01-006-160-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 8.72
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3624
  • Year Built: 1940
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Living Area Sq Ft: 3624
  • Estimated Total Living Area: 3624
  • Estimated Sq Ft: 3624

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Central Park Homes

Fee Information

  • Op Expenses: 610.00

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 1.0000
  • Parcel Number: 02-01-006-160-015

Rental Info

  • Owner Pays: Gas, Sewer, Water
  • Tenant Pays: Cable/Electric Link, Electric

Multi Family

  • Unit Count: 2
  • Gross Income: 1900.00
  • Net Income: 1290.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2380

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $31,600 -64.5% $9 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $89,000 -- $25 / 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 $3,212 $50,274 $8,509 $41,766
2023 $2,055 $26,152 $7,091 $19,061
2022 $2,034 $26,152 $7,091 $19,061
2021 $2,043 $26,152 $7,091 $19,061
2020 $2,100 $26,150 $7,090 $19,060
2019 $2,082 $26,150 $7,090 $19,060
2018 $2,043 $26,150 $7,090 $19,060
2017 $2,528 $29,250 $5,600 $23,650
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Heather Hill

    Deleted Agent

    Section Image
  • Michael Mendoza

    Buyer's Agent in 2016

    Michael Mendoza

    FASS Management Real Estate Services LLC

    (440) 941-3692

    24 Total Sales

    Michael Mendoza
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3786556

MLS Now
Ohio Lorain County Lorain 44052

826 S Central Dr, Lorain, OH

Not Listed for Sale

MultiFamily

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