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  • $55,000

    1426 Reid Ave, Lorain, OH 44052

    2beds
    1,584sqft
    Single Family Residence
    Built in 1920
    2,178 Square Feet Lot
    $72,800 Zestimate®
    $35/sqft
    $1,164 Estimated rent

    Home value

    $72,800

    $57,000 - $90,000

    $1,164/mo

    Zestimate® history
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    $291/mo

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    $291/mo

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    What's special

    Step into the realm of possibility with this charming 2-bedroom, 1-bathroom abode nestled in the vibrant heart of Lorain! Boasting 980 square feet of potential, this home is not just a property; it's a canvas waiting for your creative brushstrokes. Whether you're an avid investor seeking a lucrative flipping opportunity or a discerning homeowner envisioning your forever sanctuary, this residence offers boundless possibilities. Imagine the thrill of transforming each room into a reflection of your unique style and personality. From the cozy living spaces to the inviting bedrooms, every corner presents an opportunity to craft the perfect ambiance for relaxation and rejuvenation. With a little imagination and effort, this humble dwelling can be elevated into a haven that resonates with warmth and charm. Beyond its physical dimensions, consider the limitless potential for growth and prosperity that this property embodies. As you contemplate the future, envision the satisfaction of reaping the rewards of your investment, whether through resale value appreciation or the fulfillment of creating a home tailored to your exact specifications. But perhaps the most enticing aspect of this opportunity lies in the adventure that awaits. Embark on a journey of discovery and transformation as you breathe new life into this space. Each decision, each renovation, is a step closer to realizing your vision and unlocking the full potential of this diamond in the rough. So, why wait? Seize the opportunity to make your mark on this blank canvas and embark on your next great adventure in homeownership. The possibilities are as vast as your imagination, and the rewards are limited only by your determination and dedication. Don't just dream of what could be—make it a reality with this remarkable home in the heart of Lorain. New Water Heater and Furnace installed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Majdey Taye majdey.taye@cbschmidtohio.com440-454-2456,

    Coldwell Banker Schmidt Realty

    Bought with:

    Ralph Mercado, 2020002221

    Russell Real Estate Services

    Source: MLS Now,MLS#: 5026501MLS LogoOriginating MLS: Lorain County Association Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Bedroom
    • Description: Flooring: Linoleum
    • Level: First
    • Dimensions: 13 x 11
    Bedroom
    • Description: Flooring: Linoleum
    • Level: First
    • Dimensions: 13 x 6
    Bathroom
    • Description: Flooring: Linoleum
    • Level: First
    • Dimensions: 10 x 5
    Dining room
    • Description: Flooring: Linoleum
    • Level: First
    • Dimensions: 13 x 12
    Kitchen
    • Description: Flooring: Linoleum
    • Features: Laminate Counters
    • Level: First
    • Dimensions: 14 x 10
    Laundry
    • Description: Flooring: Concrete
    • Level: Basement
    Living room
    • Description: Flooring: Carpet
    • Level: First
    • Dimensions: 14 x 13
    Other
    • Description: Flooring: Linoleum
    • Level: First
    Heating
    • Forced Air, Gas
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Basement: Partial,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,584
    • Total interior livable area: 1,584 sqft
    • Finished area above ground: 984
    • Finished area below ground: 600

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Direct Access, Driveway, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One and One Half,One
    • Stories: 1
    • Patio & porch: Covered, Front Porch
    • Exterior features: None
    • Pool features: None
    • Fencing: Chain Link,Fenced
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,178 Square Feet
    • Dimensions: 51 x 50
    • Features: < 1/2 Acre, Back Yard, Flat, Level
    Details
    • Additional structures: None
    • Parcel number: 0201003136027
    • Lease amount: $0

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame
    • Foundation: Block, Combination
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1920
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Selah Chamberlain Allotment
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Lorain

    Financial & listing details

    • Price per square foot: $35/sqft
    • Tax assessed value: $57,750
    • Annual tax amount: $802
    • Date on market: 5/13/2024
    • Cumulative days on market: 77 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/17/2024Sold$55,000$35/sqft
    Source: MLS Now #5026501 Report a problem
    7/27/2024Pending sale$55,000$35/sqft
    Source: MLS Now #5026501 Report a problem
    7/12/2024Contingent$55,000$35/sqft
    Source: MLS Now #5026501 Report a problem
    7/11/2024Price change$55,000-15.4%$35/sqft
    Source: MLS Now #5026501 Report a problem
    6/30/2024Price change$65,000-18.6%$41/sqft
    Source: MLS Now #5026501 Report a problem
    6/24/2024Price change$79,900-6%$50/sqft
    Source: MLS Now #5026501 Report a problem
    6/10/2024Price change$85,000-10.5%$54/sqft
    Source: MLS Now #5026501 Report a problem
    5/21/2024Price change$95,000-4.9%$60/sqft
    Source: MLS Now #5026501 Report a problem
    5/13/2024Listed for sale$99,900$63/sqft
    Source: MLS Now #5026501 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$833 +3.9%$20,210 +29.8%
    2023$802 +0.9%$15,570
    2022$795 +0%$15,570
    2021$795 -8%$15,570 +5.9%
    2020$864 +0.6%$14,700
    2019$859 -4.8%$14,700
    2018$902 +4.7%$14,700 +5.8%
    2017$862 +0.8%$13,900
    2016$855 +6%$13,900
    2015$806 +3.1%$13,900 +8%
    2014$782 +5.8%$12,870
    2013$739 -0.2%$12,870
    2012$741 $12,870 -71.5%
    2011-- $45,200
    2010-- --
    2009-- --
    2008$775 +0.4%--
    2007$772 +0.3%--
    2006$769 +12.5%--
    2005$684 -0.1%--
    2004$684 +1.4%--
    2003$675 +15.7%--
    2002$583 -2.9%--
    2001$601 +21.6%--
    2000$494 --
    Find assessor info on the county website

    Neighborhood: 44052

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lorain CSD - 4709

    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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    Estimated market value
    $72,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $72,800