Majdey Taye
RE/MAX Transitions
(440) 517-5288
282 Total Sales
41 in Lorain
$4K - $321K Price Range
907 Root Rd Lorain, OH 44052
Lorain AreaEstimated Value: $189,210
4
Beds
4
Baths
2,000
Sq Ft
$95/Sq Ft
Est. Value
Highlights
- Wooded Lot
- Forced Air Heating System
- West Facing Home
- 2 Car Detached Garage
About This Home
As of March 2022This 4 bed, 4 bath side by side multi-unit family home located in Lorain is a wonderful opportunity to own a duplex on a prime Lorain road. This property is currently fully leased, but could suit as a chance for the owner to occupy one half and lease the other. Built in 1972, this brick duplex offers 1,000 SF of living space in each unit. Schedule your private showing today!
Last Agent to Sell the Property
RE/MAX Crossroads Properties License #2016003431 Listed on: 02/21/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,136
Year Built
- Built in 1972
Lot Details
- 10,454 Sq Ft Lot
- West Facing Home
- Wooded Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Range
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- 2 Units
- Lorain Community
Listing and Financial Details
- Tenant pays for electric, gas, heating, sewer, trash collection, water
- Assessor Parcel Number 03-00-031-105-013
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 21, 2022
Closed on
Mar 29, 2022
Sold by
Bought by
Seller's Agent
Anthony Latina
RE/MAX Crossroads Properties
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$139,900
Sold Price
$149,500
Premium/Discount to List
$9,600
6.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,710
Avg. Annual Appreciation
5.56%
Original Mortgage
$112,125
Outstanding Balance
$103,047
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$86,163
Purchase Details
Closed on
Sep 16, 2021
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 2011
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lorain, OH
-
Majdey Taye
-
Alex Johnson
Alex Johnson
Real Estate Quest, Inc.
(216) 284-5624
169 Total Sales
5 in Lorain
$79K - $310K Price Range
-
Chad Schneider
Chad Schneider
Russell Real Estate Services
(440) 306-3230
263 Total Sales
24 in Lorain
$45K - $429K Price Range
-
Karen Mobert
Karen Mobert
Howard Hanna
(440) 581-1471
86 Total Sales
10 in Lorain
$50K - $300K Price Range
-
Corinne Bozin-Grizzell
Corinne Bozin-Grizzell
HomeSmart Real Estate Momentum LLC
(440) 276-3488
101 Total Sales
1 in Lorain
$83,000 Price
-
Jaclyn Cesaratto
Jaclyn Cesaratto
Assad & Crea Realty Group
(216) 859-1398
32 Total Sales
1 in Lorain
$317,500 Price
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 |
|---|---|---|---|
| $149,500 | Chicago Title | ||
| -- | None Available | ||
| -- | Attorney |
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 | $112,125 |
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 |
|---|---|---|---|---|
| 03/30/2022 03/30/22 | Sold | $149,500 | +6.9% | $75 / Sq Ft |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- |
| 02/21/2022 02/21/22 | For Sale | $139,900 | -- | $70 / 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 | $2,182 | $54,324 | $5,530 | $48,794 |
| 2023 | $2,155 | $40,789 | $6,080 | $34,710 |
| 2022 | $2,137 | $40,789 | $6,080 | $34,710 |
| 2021 | $2,136 | $40,789 | $6,080 | $34,710 |
| 2020 | $2,039 | $33,820 | $5,040 | $28,780 |
| 2019 | $2,028 | $33,820 | $5,040 | $28,780 |
| 2018 | $2,029 | $33,820 | $5,040 | $28,780 |
| 2017 | $2,037 | $32,010 | $6,430 | $25,580 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Latina
Seller's Agent in 2022
Anthony Latina
RE/MAX Crossroads
(440) 465-5611
1,026 Total Sales
-
James Wise
Buyer's Agent in 2022
James Wise
The Holton-Wise Property Group LLC
(216) 661-6633
327 Total Sales
Map
Source: MLS Now
MLS Number: 4349610
APN: 03-00-031-105-013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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