2 months on rocket

1404 Reid Ave, Lorain, OH, 44052

$80,000

Home List Price

$950*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,431 SqFt
$56/SqFt
Multi

Location

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1404 Reid Ave, Lorain$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1900
HeatingElectric
CoolingCeiling Fan(s)
BasementYes
MLS #5063082
Lot Size0.06 Acres
StatusActive

About 1404 Reid Ave

The storefront space is spacious and adaptable for various business types. Includes a half bath for convenience and features an additional bedroom, ideal for an office or storage. Flooring has been recently updated. The upstairs unit has a cozy 2-bedroom, 1-bath layout perfect as a rental unit. The downstairs 1 bedroom apartment offers a comfy vibe with it's newly updated kitchen, bathroom and flooring. An additional lot is included. Don’t miss out on this unique property that combines residential comfort with commercial potential. Schedule a viewing today.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,431 SqFt

Listing Office:

  • Office Name: Elite Class Realty LLC
  • Office Email: danielle@eclassrealty.com
  • Listing Agent: Danielle Hughes

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Head North on Broadway toward W 23rd St, turn left onto W 17th St, turn right onto Reid Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
  • Price Per SqFt: $56/SqFt

Tax Information:

  • Annual Amount: $1,098
  • 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

$145K

Med. Price/SqFt

$98

Avg. Days On Market

42

# of Sold Homes

57

1404 Reid Ave vs Lorain

87 DAYS ON ROCKET

+45 Days

$80,000

-$65K Less

$56/SqFt

-$43 Less

KEY TAKEAWAY

This property is $65K less than the Median Sold Price and $43/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: #5063082

Listing Office:

  • Office Name: Elite Class Realty LLC
  • Office Email: danielle@eclassrealty.com
  • Listing Agent: Danielle Hughes

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: 11/15/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,098$13,670
2019$1,088$13,675
2018$1,068$13,675
2017$1,614$18,676

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-377637
3
/10

  • Hawthorne Elementary School

  • 610 W 20th St

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-377638
3
/10

  • Admiral King Elementary School

  • 720 Washington Ave

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-377639
4
/10

  • Washington Elementary School

  • 1025 W 23rd St

  • 0.85 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,810. The most common annual income of people living in Lorain, OH is less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Lorain County›Lorain›44052›1404 Reid Ave

This home is located at 1404 Reid Ave in Lorain, OH and zip code 44052. This 1,431 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $80,000.

Lorain, OH housing market in October 2024 saw over 18 listings sold above listed price, more than 16 sold at listed price and over 23 sold below. The number of listings in Lorain, OH increased by 9.8% between September 2024 and October 2024. In October 2024 median list price was $145,000 and the average listing age was 42 days.

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

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