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  • $275,000

    1908 Wallace Ln, Lorain, OH 44053

    3beds
    1,602sqft
    Single Family Residence
    Built in 1956
    1.46 Acres Lot
    $275,400 Zestimate®
    $172/sqft
    $1,541 Estimated rent

    Home value

    $275,400

    $262,000 - $289,000

    $1,541/mo

    Zestimate® history
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    What's special

    Welcoming entrywayUpdated doorsCozy wood-burning fireplaceGenerously sized dining roomHardwood flooring preserved underneathEfficiently designed kitchen
    Welcome to this charming and well-maintained 3-bedroom, 2 full bathroom home situated on a rare 1.46-acre lot in desirable Lorain! A welcoming entryway leads into the spacious living room featuring a cozy wood-burning fireplace and newer luxury vinyl plank flooring installed in 2025, with hardwood flooring preserved underneath. Just off the living room, the generously sized dining room offers the perfect space for family gatherings and entertaining, also featuring newer LVP flooring with hardwood beneath. The efficiently designed kitchen was updated in 2019 and includes all appliances, newer LVP flooring, and plenty of functionality for everyday living. The first bedroom showcases beautiful hardwood flooring, while the additional two bedrooms are currently carpeted with hardwood flooring underneath that can easily be uncovered. The recently renovated upstairs full bathroom (2020) features a stylish double vanity. Downstairs, the rec room provides additional living and entertaining space along with a newly added full bathroom (2020), making the lower level both comfortable and versatile. This home has seen numerous updates including all new windows (2017), updated doors, new ceiling fans and additional lighting throughout (2018), recessed lighting installed in the living room (2018), shed (2025), new exterior paint (2025), composite deck (2022), garage door opener with battery back up (2022), and new flooring (2025). Located close to Lake Erie, parks, Mercy Health Hospital, highways, and the popular Rockin’ on the River events, this property offers convenience while still being tucked away on a surprisingly quiet and peaceful street. Enjoy the best of both worlds - nearby entertainment and amenities with the comfort of a low-traffic, serene setting. Don’t miss your opportunity to own this move-in ready home with acreage in Lorain!

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth M Zunt 440-213-3645 ElizabethZuntRealtor@gmail.com,

    Russell Real Estate Services,

    Christina L Coughlin 440-742-4644,

    Russell Real Estate Services

    Bought with:

    Mathew P Chase, 2013002819

    Keller Williams Greater Metropolitan

    Christopher M Chase, 2016004492

    Keller Williams Greater Metropolitan

    Source: MLS Now,MLS#: 5213958MLS LogoOriginating MLS: Lorain County Association Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Bedroom
    • Description: Flooring: Hardwood
    • Level: First
    • Dimensions: 12 x 13
    Bedroom
    • Description: Flooring: Carpet,Hardwood
    • Level: First
    • Dimensions: 12 x 10
    Bedroom
    • Description: Flooring: Carpet,Hardwood
    • Level: First
    • Dimensions: 12 x 14
    Bathroom
    • Description: Flooring: Luxury Vinyl Tile
    • Level: First
    • Dimensions: 8 x 10
    Bathroom
    • Description: Flooring: Ceramic Tile
    • Level: Basement
    • Dimensions: 9 x 8
    Dining room
    • Description: Flooring: Luxury Vinyl Tile
    • Level: First
    • Dimensions: 14 x 12
    Kitchen
    • Description: Flooring: Luxury Vinyl Tile
    • Level: First
    • Dimensions: 22 x 12
    Laundry
    • Description: Flooring: Concrete
    • Level: Basement
    • Dimensions: 21 x 8
    Living room
    • Description: Flooring: Luxury Vinyl Tile
    • Level: First
    • Dimensions: 22 x 15
    Other
    • Description: Storage in basement,Flooring: Concrete
    • Level: Basement
    • Dimensions: 16 x 20
    Other
    • Description: Front foyer,Flooring: Luxury Vinyl Tile
    • Level: First
    • Dimensions: 17 x 4
    Recreation
    • Description: Flooring: Carpet
    • Level: Basement
    • Dimensions: 32 x 28
    Heating
    • Baseboard, Gas
    Cooling
    • Ceiling Fan(s), None, Window Unit(s)
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator
    • Laundry: In Basement, Lower Level
    Features
    • Ceiling Fan(s)
    • Basement: Full,Unfinished,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,602
    • Total interior livable area: 1,602 sqft
    • Finished area above ground: 1,602

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch
    • Fencing: None
    Lot
    • Size: 1.46 Acres
    • Dimensions: 100 x 634
    Details
    • Additional structures: Shed(s)
    • Parcel number: 0202022102014

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Wood Siding
    • Foundation: Block
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1956
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Wallace Sub #1
    HOA
    • Has HOA: No
    Location
    • Region: Lorain

    Financial & listing details

    • Price per square foot: $172/sqft
    • Tax assessed value: $211,910
    • Annual tax amount: $2,839
    • Date on market: 5/29/2026
    • Cumulative days on market: 68 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    8/5/2026Sold$275,000+10%$172/sqft
    Source: MLS Now #5213958 Report a problem
    8/5/2026Pending sale$250,000$156/sqft
    Source: MLS Now #5213958 Report a problem
    5/29/2026Listed for sale$250,000+99.8%$156/sqft
    Source: MLS Now #5213958 Report a problem
    9/8/2016Sold$125,150-1.4%$78/sqft
    Source: Public Record Report a problem
    8/5/2016Pending sale$126,900$79/sqft
    Source: Howard Hanna - Amherst #3832562 Report a problem
    8/2/2016Listed for sale$126,900$79/sqft
    Source: Howard Hanna - Amherst #3832562 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,839 -7.2%$74,170
    2024$3,060 +30.3%$74,170 +62.7%
    2023$2,348 +0.9%$45,590
    2022$2,327 +0%$45,590
    2021$2,327 -8.3%$45,590 +5.6%
    2020$2,537 +0.6%$43,170
    2019$2,523 0%$43,170 0%
    2018$2,524 -2.8%$43,180 +3.1%
    2017$2,598 +27.4%$41,890
    2016$2,038 +6%$41,890
    2015$1,923 +0.2%$41,890
    2014$1,918 +0.8%$41,890
    2013$1,904 +3.3%$41,890
    2012$1,842 $41,890
    2011-- --
    2010-- --
    2009-- --
    2008$1,767 +0.4%--
    2007$1,760 -16.7%--
    2006$2,112 +10.8%--
    2005$1,905 +2.8%--
    2004$1,854 +1.4%--
    2003$1,828 -1.1%--
    2002$1,848 -0.2%--
    2001$1,851 +18.2%--
    2000$1,566 --
    Find assessor info on the county website

    Neighborhood: 44053

    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
    $275,400
    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
    $275,400