2 months on rocket

5718 Lorain Ave, Cleveland, OH, 44102

$194,900

Home List Price

$2,314*

Closing Credit

4 Bedrooms
1 Full Bath
House

Location

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5718 Lorain Ave, Cleveland$194,900

Buyer Closing Credits

$2,314*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAlley Access
Year Built1900
HeatingNone
CoolingNone
BasementYes
MLS #5072417
Lot Size0.08 Acres
StatusActive

About 5718 Lorain Ave

Perfect Live / Work opportunity. Store front on First floor. Large basement with high ceilings great for storage. Offices or apartments on the second and third level. Bring your dreams and ideas to this property. So much potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 346-0929
  • Listing Agent: Kyle M Lawrence

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Alley Access

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: North side of Lorain. Just easy of 65th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,900

Tax Information:

  • Annual Amount: $899
  • Tax Year: 2020
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Housing Market Comparison

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

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Cleveland, OH

City

Med. Sold Price

$164.2K

Med. Price/SqFt

$99

Avg. Days On Market

36

# of Sold Homes

719

5718 Lorain Ave vs Cleveland

60 DAYS ON ROCKET

+24 Days

$194,900

+$30.6K More

KEY TAKEAWAY

This property is $30.6K more than the Median Sold Price in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5072417

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 346-0929
  • Listing Agent: Kyle M Lawrence

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: 11/23/2024, 5:20:52 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

Dec 03, 2007Home Sold
$26,100

Tax History

YEARPROP. TAXASSESSMENT
2020$899$8,650
2019$846$8,650
2018$1,292$8,650
2017$773$3,020

History based on county public records data.

Payment Calculator

$1,040

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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-825517
4
/10

  • Constellation Schools: Stockyard Community Elementary School

  • 3200 W 65th St

  • 0.69 miles

  • Public Charter Grades KG-6

school-card-donut-825518
5
/10

  • Louisa May Alcott Elementary School

  • 10308 Baltic Rd

  • 1.70 miles

  • Public District Grades KG-5

school-card-donut-825519
7
/10

  • Harrison Elementary School

  • 2080 Quail St

  • 2.72 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 $25,166. Residents of Cleveland, OH typically earn less than $35k each year. 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 5718 Lorain Ave

What is the listing price of this property?

The listing price of 5718 Lorain Ave property is $194,900.

What type of property is this?

The property 5718 Lorain Ave is a house located in Cleveland, Ohio, 44102.

Is this property for sale now?

Active Listing: 5718 Lorain 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 $899 (source: MLS/based on county public records data).

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

The last sale was on December 3, 2007 for $26,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5718 Lorain Ave has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 5718 Lorain Ave is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 5718 Lorain Ave is 1900.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44102›5718 Lorain Ave

This home is located at 5718 Lorain Ave in Cleveland, OH and zip code 44102 in the Detroit-Shoreway neighborhood. This home, which was built in 1900, sits on a 0.08 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $194,900.

In October 2024, from all listings sold in Cleveland, OH there were more than 275 sold above asking price, over 333 sold below and more than 110 were sold right at the asked price. The inventory of homes for sale in Cleveland, OH between September 2024 and October 2024 increased by 4.7%. In October 2024 median list price was $164,291 and the average listing age was 36 days.

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

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