Discover the perfect opportunity to create your ideal home in a peaceful, established neighborhood just 5 minutes from Oasis Marina in Lorain. Whether you're dreaming of a year-round residence or a relaxing vacation escape, this residential lot offers endless possibilities. With all utilities conveniently available at the street, you're just steps away from turning your vision into reality. Whether it’s a cozy retreat or a stunning dream home, this lot is ready for your creative touch! Don't miss out on this unique opportunity to build in a highly sought-after location. Make your dream home a reality!
Property Details
Property Features
Listing Office:
Office Name: Lokal Real Estate, LLC.
Office Email: marketing@lokalrealestate.com
Listing Agent: Roman B Tarnawsky
Exterior Features
Exterior Information:
View: Neighborhood
Parking Information:
Attached Garage: No
Parking: Driveway
Lot Features
Lot Information:
Lot: Level, Near Public Transit
Lot Size: 0.09 Acres
Other
Directions Information:
Directions: South off of Colorado Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $6,900
Tax Information:
Annual Amount: $1,192
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lorain, OH.
This property is $138.1K less than the Median Sold Price in Lorain, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NOWDD
MLS Number: #5071062
Listing Office:
Office Name: Lokal Real Estate, LLC.
Office Email: marketing@lokalrealestate.com
Listing Agent: Roman B Tarnawsky
Copyright 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: 11/21/2024, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 17, 2005
Oct 17, 2005Home Sold
$75,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,192
$19,760
2019
$1,184
$19,762
2018
$1,185
$19,762
2017
$1,361
$21,393
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$102
Per Month
Principal & Interest
$35
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$87
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Larkmoor Elementary School
1201 Nebraska Ave
Distance between this listing and this school0.65 miles
Public District Grades PK-5
3
/10
Admiral King Elementary School
720 Washington Ave
Distance between this listing and this school1.41 miles
Public District Grades PK-5
3
/10
Hawthorne Elementary School
610 W 20th St
Distance between this listing and this school1.48 miles
Public District Grades PK-5
Nearby Schools
5
/10
Longfellow Middle School
305 Louisiana Ave
Distance between this listing and this school0.48 miles
Public District Grades 6-8
3
/10
Lorain Bilingual Preparatory Academy
309 W 7th St
Distance between this listing and this school1.21 miles
Public Charter Grades KG-7
4
/10
Constellation Schools: Lorain Community Middle School
1110 W 4th St
Distance between this listing and this school1.57 miles
Public Charter Grades 5-8
Nearby Schools
4
/10
Horizon Science Academy Lorain
760 Tower Blvd
Distance between this listing and this school2.35 miles
Public Charter Grades KG-12
3
/10
Lorain High School
2600 Ashland Ave
Distance between this listing and this school2.36 miles
Public District Grades 9-12
4
/10
Clearview High School
4700 Broadway
Distance between this listing and this school2.92 miles
The neighbors living near this home have an average income of $44,057. Typical income of Lorain, OH residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1601 Maryland Ave
What is the listing price of this property?
The listing price of 1601 Maryland Ave property is $6,900.
What type of property is this?
The property 1601 Maryland Ave is land located in Lorain, Ohio, 44052.
Is this property for sale now?
Active Listing: 1601 Maryland Ave 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 $1,192 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 17, 2005 for $75,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1601 Maryland Ave in Lorain, OH and zip code 44052 in the Colorado Park neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $6,900.
In October 2024, from all listings sold in Lorain, OH there were more than 18 sold above asking price, over 23 sold below and more than 16 were sold right at the asked price. The inventory of homes for sale in Lorain, OH between September 2024 and October 2024 increased by 9.8%. In October 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $145,000.
From Rocket Homes Real Estate and based on county public records data.
Copyright 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.
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Horse Races
Burlington
Family Dollar
Stein Mart
Church's Chicken
White Castle
LongHorn Steakhouse
Chevrolet
Buick
Kia
Urban Adult Contemporary
Rock
Contemporary Inspirational