NOT LISTED FOR SALE

833 839 N Central Lorain, OH 44052

Lorain Area
9 Beds
4 Baths
3,624 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: May 29, 2015

Last sale price $69,000 $19 Per Sq Ft

38 Days on Market

About This Home

As of May 2015

Instane money maker! Updated 4 unit apartment building. Nice size floor plans with 1 full bath and laundry area in each unit. The building consists of one 3 bed room and three 2 bed room units. The building features newer vinyl siding, windows, and doors. Each unit has newer furnaces and hot water tanks. All units have been recently painted with new floors and carpeting. New insulation has also been installed. Ample off street parking with a shared driveway and parking lot. All units are fully rented with long term tenants / all leases are transferable. There is a long term live in manager if desired. The property has been renovated, owned and managed by the same management company for over 8 years and has had a long term proven success. This great investment will give years of concrete income and profits. The property produces $1,900 in monthly income. Information in public remarks provided by the seller. This is one of 3 buildings on the same street. All 3 buildings 833-839, 841-847, and 922-928 may be bundled for a discounted price.

Last Agent to Sell the Property

Bill Landers

Keller Williams Citywide License #2004020570 Listed on: 04/20/2015

Keller Williams Citywide

Last Buyer's Agent

Josef Gulyas Jr.

Deleted Agent License #2013002783

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 14,623 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

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

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 02-01-006-160-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0.34 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 19.04
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 3624
  • Year Built: 1943
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1943

Interior Features

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

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3357
  • Parcel Number: 02-01-006-160-006

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2293

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

Closed on
Feb 5, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.75%
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
$160,000 First American Title
$145,000 Ohio Real Title
$75,000 Real Living Title Agency Ltd
$45,000 Magee Title Agency
$28,000 --
$90,000 Guardian Title
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 $132,000
Closed $120,000
Previous Owner $60,000
Previous Owner $36,000
Previous Owner $72,000
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
05/29/2015 05/29/15 Sold $69,000 -2.1% $19 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $70,500 -- $19 / 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 $2,981 $47,786 $9,072 $38,714
2023 $1,647 $20,962 $7,560 $13,402
2022 $1,630 $20,962 $7,560 $13,402
2021 $1,638 $20,962 $7,560 $13,402
2020 $1,683 $20,960 $7,560 $13,400
2019 $1,669 $20,960 $7,560 $13,400
2018 $1,720 $20,960 $7,560 $13,400
2017 $2,548 $29,480 $5,600 $23,880
Source: Public Records

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Map

Source: MLS Now

MLS Number: 3702353

MLS Now
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