NOT LISTED FOR SALE

848 N Central Dr Lorain, OH 44052

Lorain Area
8 Beds
4 Baths
3,624 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: July 29, 2021

Last sale price $147,500 $41 Per Sq Ft

129 Days on Market

About This Home

As of July 2021

BRAND NEW ROOF..just installed, and all ROC repairs completed by the seller from failed deal. 4 Unit Investors Special!! Completely renovated. Completely rented. 3 units , 2 bedroom 1 bath. 1 unit 3 bedrooms. Good cash flow. . Call today! Great cash flow, all units leased. Owner pays water/trash.

Last Agent to Sell the Property

Timothy Bradford

Howard Hanna License #2003016766 Listed on: 02/08/2021

Howard Hanna

Last Buyer's Agent

Jeffrey Van Putten

Deleted Agent License #2015002389

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 1943

Lot Details

  • 13,068 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

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

Bedrooms and Bathrooms

  • 8 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 electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-01-006-159-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,669

Year Built

Built in 1943

Lot Details

0.3 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 40.70
  • Estimated Price per Sq Ft: 40.70
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 3624
  • Year Built: 1943
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1943

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Approx Above Grade Finished: 3624.00
  • Sq Ft Approx Total Finished: 3624.00

Exterior Features

  • Exterior: Vinyl
  • 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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3000
  • Parcel Number: 02-01-006-159-020

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas, Heating

Multi Family

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

Tax Info

  • Tax: 1669

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
Feb 8, 2021
Closed on
Jul 27, 2021
Sold by
Bought by
Seller's Agent
Timothy Bradford
Howard Hanna
Buyer's Agent
Jeffrey Van Putten
Deleted Agent
List Price
$149,900
Sold Price
$147,500
Premium/Discount to List
-$2,400
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,625
Outstanding Balance
$98,449
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2019
Closed on
Mar 2, 2020
Sold by
Bought by
Seller's Agent
Grace Zazo
EXP Realty, LLC.
Buyer's Agent
Jose Rodriguez
Howard Hanna
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.46%
Original Mortgage
$88,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 11, 2018
Sold by
Bought by
Seller's Agent
Tammy Koleski
Howard Hanna
Buyer's Agent
Grace Zazo
EXP Realty, LLC.
List Price
$25,000
Sold Price
$12,000
Premium/Discount to List
-$13,000
-52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
248.56%

Purchase Details

Closed on
Nov 20, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 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
$54,825
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2002
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
$135,000
Interest Rate
7.11%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lorain, OH

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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
$147,500 None Available
$115,000 None Available
$12,000 Chicago Title
$4,000 Attorney
$28,000 None Available
$64,500 Real Living Title Agency Ltd
-- Guardian Title
$70,000 Midland 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 $110,625
Previous Owner $88,250
Previous Owner $54,825
Previous Owner $135,000
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 Prior Sale
07/29/2021 07/29/21 Sold $147,500 -1.6% $41 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $149,900 +1.6% $41 / Sq Ft
06/08/2021 06/08/21 Off Market $147,500 -- --
05/25/2021 05/25/21 For Sale $149,900 0.0% $41 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $149,900 0.0% $41 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $149,900 +30.3% $41 / Sq Ft
03/04/2020 03/04/20 Sold $115,000 -4.2% $32 / Sq Ft View Prior Sale
01/28/2020 01/28/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $120,000 0.0% $33 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
12/11/2019 12/11/19 For Sale $120,000 +900.0% $33 / Sq Ft
05/14/2018 05/14/18 Sold $12,000 -52.0% $3 / Sq Ft View Prior Sale
04/11/2018 04/11/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $25,000 -- $7 / 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 $3,655 $58,590 $8,351 $50,239
2023 $3,004 $38,238 $24,234 $14,004
2022 $2,974 $38,238 $24,234 $14,004
2021 $2,987 $38,238 $24,234 $14,004
2020 $1,683 $20,960 $6,960 $14,000
2019 $1,669 $20,960 $6,960 $14,000
2018 $1,720 $20,960 $6,960 $14,000
2017 $1,274 $14,740 $5,600 $9,140
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4254351

MLS Now
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