11 months on rocket

1055 W 12th St, Lorain, OH, 44052

$85,000

Home List Price

$1,009*

Closing Credit

3 Bedrooms
1 Full Bath
1,206 SqFt
$70/SqFt
House

Location

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1055 W 12th St, Lorain$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1910
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5008514
Lot Size0.13 Acres
StatusActive

About 1055 W 12th St

Turnkey 3-bedroom/1 bath colonial generating $1100/mo under professional management. Features include updated kitchen and bath, vinyl siding, upgraded electric panel, driveway for plenty of off-street parking. Great location near shopping, schools, freeway access and more!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,206 SqFt

Listing Office:

  • Office Name: Century 21 Homestar
  • Office Phone: (216) 373-7727
  • Listing Agent: Michael A Ferrante

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch Front

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Between Washington and Oberlin

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $70/SqFt

Tax Information:

  • Annual Amount: $510
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lorain, OH.

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Lorain, OH

City

Med. Sold Price

$146.8K

Med. Price/SqFt

$101

Avg. Days On Market

39

# of Sold Homes

73

1055 W 12th St vs Lorain

357 DAYS ON ROCKET

+318 Days

$85,000

-$61.8K Less

$70/SqFt

-$31 Less

KEY TAKEAWAY

This property is $61.8K less than the Median Sold Price and $31/SqFt less than other homes in Lorain, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5008514

Listing Office:

  • Office Name: Century 21 Homestar
  • Office Phone: (216) 373-7727
  • Listing Agent: Michael A Ferrante

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 25, 2021Home Sold
$80,300

Tax History

YEARPROP. TAXASSESSMENT
2020$510$8,450
2019$506$8,449
2018$506$8,449
2017$1,138$17,885

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-89027
3
/10

  • Admiral King Elementary School

  • 720 Washington Ave

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-89028
3
/10

  • Hawthorne Elementary School

  • 610 W 20th St

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-89029
3
/10

  • Constellation Schools: Lorain Community Elementary School

  • 1110 W 4th St

  • 0.60 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,546. The most common annual income of people living in Lorain, OH is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1055 W 12th St

What is the listing price of this property?

The listing price of 1055 W 12th St property is $85,000.

What type of property is this?

The property 1055 W 12th St is a house located in Lorain, Ohio, 44052.

Is this property for sale now?

Active Listing: 1055 W 12th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $510 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 25, 2021 for $80,300. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1055 W 12th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1055 W 12th St is 1,206 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1055 W 12th St is 1910.

Rocket Homes›Ohio›Lorain County›Lorain›44052›1055 W 12th St

This home is located at 1055 W 12th St in Lorain, OH and zip code 44052. This 1,206 square foot home, which was built in 1910, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 27, 2023 and is currently priced at $85,000.

In November 2024 more than 33 listings in Lorain, OH were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 27 were sold below. The number of listings in Lorain, OH increased by 3.4% between October 2024 and November 2024. In November 2024 median list price was $146,800 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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