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Active
  • $99,900

    124 Cornell Ave, Elyria, OH 44035

    4beds
    2,124sqft
    : 
    $734/mo
    Get pre-qualified
    Single Family Residence
    Built in 1920
    6,534 Square Feet Lot
    $-- Zestimate®
    $47/sqft
    $-- HOA

    What's special

    Vinyl-sided homeDesirable four-bedroom layoutConvenient garageUpdated vinyl windows
    Attention investors, rehabbers, & handy owner-occupants! Here's an outstanding opportunity to purchase a 4-bedroom, 1.5-bath colonial in a prime location with tremendous upside potential. Whether you're looking for your next renovation project, a long-term rental, or a home to build sweat equity, this estate sale offers exceptional value. Owned by the same family for many years, this vinyl-sided home features updated vinyl windows, a convenient garage, and a spacious 4 bedroom floor plan ready for your vision. Desirable four-bedroom layout provides strong after-repair value & excellent rental potential, making it an attractive addition to any investment portfolio. Property is being sold AS IS, the seller will make no repairs. Basement has water intrusion and will require repair. The roof appears to be newer and serviceable overall but is missing shingles in one area, as shown in the photos. Buyers are encouraged to perform their own inspections and due diligence. With solid bones, a highly desirable location, and significant upside, this property presents an excellent opportunity for cash or hard money buyers seeking their next profitable project. Owner-occupants using renovation financing or willing to invest sweat equity should also take a close look. Easy to show, vacant, and ready for a quick transfer. Opportunities with this much potential and a strong ARV don't come along often. Schedule your showing today and bring your vision!
    2 days
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    894
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    58
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher A Frederick 216-210-7653 thefrederickteam@gmail.com,

    Coldwell Banker Schmidt Realty,

    Michele L Frederick 440-567-8814,

    Coldwell Banker Schmidt Realty

    Source: MLS Now,MLS#: 5230304MLS LogoOriginating MLS: Lorain County Association Of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Full,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,124
      • Total interior livable area: 2,124 sqft
      • Finished area above ground: 1,416
      • Finished area below ground: 708

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      Lot
      • Size: 6,534 Square Feet
      Details
      • Parcel number: 0625005103025

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Asphalt
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Eastern Heights Land Co Sub #
      HOA
      • Has HOA: No
      Location
      • Region: Elyria

      Financial & listing details

      • Price per square foot: $47/sqft
      • Tax assessed value: $138,690
      • Annual tax amount: $1,306
      • Date on market: 7/28/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/28/2026Listed for sale$99,900$47/sqft
        Source: MLS Now #5230304 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,833 +8%$48,540 +20.4%
        2023$1,697 -1%$40,310
        2022$1,714 -0.2%$40,310
        2021$1,718 +9.1%$40,310 +16.9%
        2020$1,575 +0.6%$34,490
        2019$1,565 -0.2%$34,490
        2018$1,568 +0.8%$34,490 +3.8%
        2017$1,555 +1.3%$33,220
        2016$1,535 +6.8%$33,220
        2015$1,437 +2.6%$33,220 +1%
        2014$1,401 +1%$32,900
        2013$1,388 +2.3%$32,900
        2012$1,356 $32,900
        2011-- --
        2010-- --
        2009-- --
        2008$1,301 +0.4%--
        2007$1,296 -15.9%--
        2006$1,541 +4%--
        2005$1,482 +11.7%--
        2004$1,327 +3.2%--
        2003$1,286 +7.9%--
        2002$1,192 -0.9%--
        2001$1,202 +6%--
        2000$1,134 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 44035

        Getting around

        63 / 100
        Somewhat Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Elyria CSD - 4706

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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