NOT LISTED FOR SALE

949 S Central Dr Lorain, OH 44052

Lorain Area
9 Beds
4 Baths
1,856 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: October 8, 2024

Last sale price $260,000 $140 Per Sq Ft

251 Days on Market

About This Home

As of October 2024

Excellent Investment opportunity with this 4-family apartment building in Lorain! Mechanicals Good. Units Have Been Updated! Near to schools and parks. 4 unit building with a gross income of $3,596

Last Agent to Sell the Property

Paty Opron

Howard Hanna Brokerage Email: patriciaopron@howardhanna.com 440-865-0424 License #2007003706 Listed on: 12/09/2023

Howard Hanna

Last Buyer's Agent

Paul King

Keller Williams Greater Metropolitan License #2021003249

Keller Williams Greater Metropolitan
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 12,197 Sq Ft Lot

Parking

  • 2 Car Garage
  • Gravel Driveway
  • On-Street Parking

Home Design

  • Quadruplex
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Central Park Homes Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, internet
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-01-006-163-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,648

Year Built

Built in 1943 | Remodeled

Lot Details

0.28 Acres

Parking

2

Listing Details

  • MLS Status: Closed
  • Standard Status: Closed
  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1943
  • Attribution Contact: patriciaopron@howardhanna.com 440-865-0424
  • Subdivision Name: Central Park Homes
  • Above Grade Finished Sq Ft: 1856.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2022
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.28
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gravel, On Site, On Street

Utilities

  • LaundryFeatures: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-006-163-002
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet

Tax Info

  • Tax Annual Amount: 1648.0

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
Dec 9, 2023
Closed on
Sep 23, 2024
Sold by
Dot1416 Properties Llc
Bought by
Seller's Agent
Paty Opron
Howard Hanna
Buyer's Agent
Paul King
Keller Williams Greater Metropolitan
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$191,061
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2020
Sold by
Realife Cleveland 34 Llc
Bought by
Dot1416 Properties Llc

Purchase Details

Closed on
Jul 18, 2016
Sold by
Green Pointe Management Llc
Bought by
Relife Cleveland 34 Llc

Purchase Details

Closed on
Jun 16, 2016
Sold by
J & J Properties Llc
Bought by
Green Pointe Management Llc

Purchase Details

Closed on
Mar 14, 2008
Sold by
The Huntington National Bank
Bought by
J & J Properties Llc

Purchase Details

Closed on
Oct 2, 2006
Sold by
Overstreet Dustin and Overstreet Dustin J
Bought by
Huntington National Bank

Purchase Details

Closed on
Aug 9, 2004
Sold by
Szklar John and Szklar Dolores
Bought by
Overstreet Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,400
Interest Rate
8.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 1999
Sold by
Buga Elaine R and Bober Dean E
Bought by
Szklar John and Adamcek Joseph

Purchase Details

Closed on
Jan 27, 1999
Sold by
Bober Ronald R
Bought by
Szklar John and Szklar Joseph
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
$267,800 Erieview Title Agency
Dot1416 Properties Llc $52,000 None Available
Relife Cleveland 34 Llc $63,500 --
Green Pointe Management Llc $10,000 --
J & J Properties Llc $45,000 Hbi Title Services Inc
Huntington National Bank -- Ohio Title Corporation
Overstreet Dustin $128,400 Guardian Title
Szklar John $33,900 Midland Title
Szklar John -- 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 $195,000
Previous Owner Overstreet Dustin $128,400
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
10/08/2024 10/08/24 Sold $260,000 -13.3% $140 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $300,000 +15.4% $162 / Sq Ft
04/04/2024 04/04/24 Off Market $260,000 -- --
12/11/2023 12/11/23 For Sale $300,000 0.0% $162 / Sq Ft
07/16/2021 07/16/21 Rented $850 0.0% --
07/04/2021 07/04/21 For Rent $850 -- --
Source: MLS Now (Howard Hanna)

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 $1,981 $31,752 $7,553 $24,199
2023 $1,648 $20,962 $6,297 $14,665
2022 $1,631 $20,962 $6,297 $14,665
2021 $1,639 $20,962 $6,297 $14,665
2020 $1,684 $20,970 $6,300 $14,670
2019 $1,670 $20,970 $6,300 $14,670
2018 $2,703 $20,970 $6,300 $14,670
2017 $3,767 $43,580 $5,600 $37,980
2016 $4,994 $43,580 $5,600 $37,980
2015 $3,545 $43,580 $5,600 $37,980
2014 $4,794 $43,580 $5,600 $37,980
2013 $3,512 $43,580 $5,600 $37,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5006491

MLS Now (Howard Hanna)
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