16 days on rocket

116 Water St, Elyria, OH, 44035

$110,000

Home List Price

$1,306*

Closing Credit

4 Bedrooms
2 Full Baths
1,776 SqFt
$62/SqFt
Multi
Schools Nearby

Location

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116 Water St, Elyria$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1900
HeatingBaseboard, Forced Air, Natural Gas
CoolingNone
BasementYes
MLS #5038639
Lot Size0.07 Acres
StatusActive

About 116 Water St

Welcome to your next investment property! 116 Water St has been updated and with a few finishing touches is ready to rent. Both units have 2 bedrooms. The upstairs access is inside so no slippery winters or exterior staircase to maintain. Located in the heart of downtown Elyria, there will be no shortage of potential tenants. Easy-to-maintain vinyl flooring, updated kitchens, and in-unit laundry access are a few of the amenities. Bring your offers and your tenants!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,776 SqFt

Listing Office:

  • Office Name: LoFaso Real Estate Services
  • Office Email: sold@samlofaso.com
  • Listing Agent: Helen M Soeder

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Elyria High School, Public District Grades 9-12
  • Eastern Heights Middle School, Public District Grades 6-8
  • Franklin Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Between Broad and 2nd St, between W River N and West Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $62/SqFt

Tax Information:

  • Annual Amount: $1,277
  • Tax Year: 2020
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Housing Market Comparison

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

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Elyria, OH

City

Med. Sold Price

$166.6K

Med. Price/SqFt

$112

Avg. Days On Market

37

# of Sold Homes

58

116 Water St vs Elyria

16 DAYS ON ROCKET

-21 Days

$110,000

-$56.6K Less

$62/SqFt

-$50 Less

KEY TAKEAWAY

This property is $56.6K less than the Median Sold Price and $50/SqFt less than other homes in Elyria, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5038639

Listing Office:

  • Office Name: LoFaso Real Estate Services
  • Office Email: sold@samlofaso.com
  • Listing Agent: Helen M Soeder

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: 6/1/2024, 7:20:37 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

May 03, 2021Home Sold
$300,000
Dec 29, 2016Home Sold
$24,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,277$20,370
2019$1,269$20,367
2018$1,271$20,367
2017$1,268$19,468

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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.

Elementary School

school-card-donut-6166913
5
/10

  • Franklin Elementary School

  • 446 11th St

  • 0.78 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6166914
3
/10

  • Eastern Heights Middle School

  • 528 Garford Ave

  • 1.28 miles

  • Public District Grades 6-8

High School

school-card-donut-6166915
3
/10

  • Elyria High School

  • 601 Middle Ave

  • 0.48 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,071. Typical income of Elyria, OH residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Lorain County›Elyria›44035›116 Water St

This home is located at 116 Water St in Elyria, OH and zip code 44035. This 1,776 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $110,000.

While more than 25 listings in Elyria, OH in April 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 23 were sold below. Between March 2024 and April 2024, Elyria, OH real estate market has seen decrease in the number of listings by 0.5%. In April 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $166,662.

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

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