Welcome to a fantastic opportunity in North Olmsted! This charming condo is priced at an unbelievable $50,000, making it an ideal choice for homeowners and investors alike. Whether you're looking to move in yourself or capitalize on its potential as a rental property, this unit offers incredible value. Situated in a building with multiple condos owned by the seller, this unit presents a unique chance to generate rental income, with similar properties fetching over $1,000 per month. The option to purchase this condo individually or as part of a package with other units further enhances its appeal. Don't miss out on this great deal! Contact us today to learn more about this property and the investment opportunities it presents! Currently being occupied Month to Month. We also have another 2 bedroom with vaulted ceilings available in the building, you can buy one or you can buy both. Reach out for financing options.
Closed
$50,000
25735 Lorain Rd Unit 318, North Olmsted, OH 44070
1beds
616sqft
Condominium, Multi Family
Built in 1965
-- sqft lot
$56,900 Zestimate®
$81/sqft
$1,054 Estimated rent
Home value
$56,900
$50,000 - $64,000
$1,054/mo
Zestimate® history
Owner options
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$1,054/mo
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$1,054/mo
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$690/mo
Est. payment
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$690/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Gregory Erlanger Info@EZSalesTeam.com216-916-7778,
Keller Williams Citywide
Bought with:
Ellen M Chaney, 2008001177
EXP Realty, LLC.
Source: MLS Now,MLS#: 5042603
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Forced Air, Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Other
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 616
- Total interior livable area: 616 sqft
- Finished area above ground: 616
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
Details
- Parcel number: 23602370
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Multiplex
- Property subtype: Condominium, Multi Family
Materials
- Brick
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: North Olmsted
- Subdivision: Kings Path Condo
HOA & financial
HOA
- Has HOA: No
- HOA fee: $399 monthly
- Services included: Association Management, Insurance, Maintenance Grounds, Sewer, Snow Removal, Trash, Water
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2024 | Pending sale | $50,000$81/sqft |
Source:  MLS Now #5042603 Report a problem | ||
| 7/30/2024 | Sold | $50,000$81/sqft |
Source: MLS Now #5042603 Report a problem | ||
| 6/17/2024 | Contingent | $50,000$81/sqft |
Source: MLS Now #5042603 Report a problem | ||
| 5/31/2024 | Listed for sale | $50,000+122.2%$81/sqft |
Source: MLS Now #5042603 Report a problem | ||
| 5/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/10/2022 | Price change | $700-6.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/28/2022 | Listed for rent | $750$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/27/2020 | Sold | $22,500-25%$37/sqft |
Source: MLS Now #4161469 Report a problem | ||
| 1/17/2020 | Listed for sale | $30,000$49/sqft |
Source: Russell Real Estate Services #4161469 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $911 -3.1% | $13,440 |
| 2024 | $940 +41.1% | $13,440 +68.4% |
| 2023 | $666 +0.5% | $7,980 |
| 2022 | $663 +10.2% | $7,980 |
| 2021 | $601 +1.1% | $7,980 +14% |
| 2020 | $595 +2.7% | $7,000 |
| 2019 | $579 -1.4% | $7,000 |
| 2018 | $587 +7.6% | $7,000 +16.9% |
| 2017 | $546 +1.7% | $5,990 |
| 2016 | $537 | $5,990 |
| 2015 | $537 -13.9% | $5,990 -12.7% |
| 2014 | $624 +7.6% | $6,860 |
| 2013 | $580 +2.5% | $6,860 |
| 2012 | $566 -45.9% | $6,860 -47.6% |
| 2011 | $1,045 +900.2% | $13,090 |
| 2010 | $104 -89% | $13,090 |
| 2009 | $946 -4.5% | $13,090 -9.9% |
| 2008 | $990 +2% | $14,530 |
| 2007 | $970 +9.7% | $14,530 |
| 2006 | $885 +4.6% | $14,530 +9.8% |
| 2005 | $846 +1.2% | $13,230 |
| 2004 | $836 +2% | $13,230 |
| 2003 | $819 +32.4% | $13,230 +35.4% |
| 2002 | $618 -38.4% | $9,770 |
| 2001 | $1,003 -0.1% | $9,770 |
| 2000 | $1,004 | $9,770 |
Find assessor info on the county website
Neighborhood: 44070
Nearby schools
GreatSchools rating
- 6/10Pine Elementary SchoolGrades: 4-5Distance: 0.9 mi
- 8/10North Olmsted Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10North Olmsted High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: North Olmsted CSD - 1820
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
$56,900
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
$56,900
- Ohio
- Cuyahoga County
- North Olmsted
- 44070
- 25735 Lorain Rd Unit 318
Nearby cities
Nearby zip codes
Other North Olmsted Topics
