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31121 Lorain Rd, North Olmsted, OH, 44070

$52,900

0.22 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ParkingNone
MLS #5086903
Lot Size0.22 Acres
StatusActive

About 31121 Lorain Rd

Vacant parcel of property fronting Lorain Rd This land is flat and level with a couple of visible larger trees. This property sits between 31109 Single family house to its Left or East side and between the CEI plant on the West side . Great for a small type of business or a moderate small family single home

Property Details

Property Features

Listing Office:

  • Office Name: HomeSmart Real Estate Momentum LLC
  • Office Phone: (440) 840-2611
  • Listing Agent: Adolph Kebe

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Other

Directions Information:

  • Directions: I 480 West to Lorain Rd Exit Turn right off Freeway, east about 1/2 mile on the South side of the road just east of the CEI Plant

Price Information

Listing Price Info

Price Summary:

  • List Price: $52,900

Tax Information:

  • Annual Amount: $1,425
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in North Olmsted, OH.

Med. Sold Price

$257.2K

Med. Price/SqFt

$135

Avg. Days On Market

29

# of Sold Homes

29

31121 Lorain Rd vs North Olmsted

42 DAYS ON ROCKET

+13 Days

$52,900

-$204.3K Less

KEY TAKEAWAY

This property is $204.3K less than the Median Sold Price in North Olmsted, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5086903

Listing Office:

  • Office Name: HomeSmart Real Estate Momentum LLC
  • Office Phone: (440) 840-2611
  • Listing Agent: Adolph Kebe

IDXCopyright 2025 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: 1/7/2025, 10:21:04 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

Feb 09, 1999Home Sold
$55,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,425$13,580
2019$1,380$13,580
2018$1,389$13,580
2017$1,277$14,000

History based on county public records data.

Payment Calculator

$332

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$225

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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-846885
6
/10
  • Chestnut Intermediate Elementary School

  • 30395 Lorain Rd

  • 0.64 miles

  • Public District Grades 3-5

school-card-donut-846886
6
/10
  • Olmsted Falls Intermediate School

  • 27043 Bagley Rd

  • 2.21 miles

  • Public District Grades 4-5

school-card-donut-846887
5
/10
  • Falls-Lenox Primary School

  • 26450 Bagley Rd

  • 2.97 miles

  • Public District Grades 1-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,653. The majority of North Olmsted, OH residents have income between $100k-200k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 31121 Lorain Rd

What is the listing price of this property?

The listing price of 31121 Lorain Rd property is $52,900.

What type of property is this?

The property 31121 Lorain Rd is land located in North Olmsted, Ohio, 44070.

Is this property for sale now?

Active Listing: 31121 Lorain Rd 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 $1,425 (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 9, 1999 for $55,000. (source: MLS/tax record).

How much acreage is this property?

The property 31121 Lorain Rd is 0.22 acres.
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Rocket HomesOhioCuyahoga CountyNorth Olmsted4407031121 Lorain Rd

This home is located at 31121 Lorain Rd in North Olmsted, OH and zip code 44070. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $52,900.

In December 2024, from all listings sold in North Olmsted, OH there were more than 7 sold above asking price, over 14 sold below and more than 8 were sold right at the asked price. In December 2024 in North Olmsted, OH there were 21.3% less homes for sale than in November 2024. In December 2024 median list price was $257,208 and the average listing age was 29 days.

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

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