24 days on rocket

1705 E 29th St, Lorain, OH, 44055

$129,900

Home List Price

$1,543*

Closing Credit

4 Bedrooms
1 Full Bath
2,565 SqFt
$51/SqFt
House
Schools Nearby

Location

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1705 E 29th St, Lorain$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage1 space
Year Built1900
HeatingNatural Gas
CoolingNone
BasementYes
MLS #5028599
Lot Size0.17 Acres
StatusActive

About 1705 E 29th St

With its prime location and solid construction, this property holds tremendous potential for growth and profitability. Whether you're looking to expand your rental portfolio or embark on a renovation project, this property offers endless possibilities. There are 4 bedrooms and one full bathroom. The kitchen has so much potential and currently provides ample cabinet and counter space. In unit laundry can be found on the lower level which also provides storage space. The unfinished area on the third level could easily be finished to add additional living space. This property provides a high cap rate at the purchase price - and so much potential to adding more value. All Appliances to remain with the unit. Don't miss this one! All information deemed accurate - buyer to do their own due diligence.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,565 SqFt

Listing Office:

  • Office Name: Keller Williams Elevate
  • Office Phone: (440) 227-2615
  • Listing Agent: Christopher Moscarino

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Granite Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Lorain High School, Public District Grades 9-12
  • Longfellow Middle School, Public District Grades 7-8
  • Stevan Dohanos Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: **Use the left 2 lanes to turn left onto N Ridge Rd, right onto Pearl Ave, left onto E 29th St. Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $51/SqFt

Tax Information:

  • Annual Amount: $1,149
  • 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

$139.4K

Med. Price/SqFt

$92

Avg. Days On Market

40

# of Sold Homes

66

1705 E 29th St vs Lorain

24 DAYS ON ROCKET

-16 Days

$129,900

-$9.5K Less

$51/SqFt

-$42 Less

KEY TAKEAWAY

This property is $9.5K less than the Median Sold Price and $42/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: #5028599

Listing Office:

  • Office Name: Keller Williams Elevate
  • Office Phone: (440) 227-2615
  • Listing Agent: Christopher Moscarino

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: 4/30/2024, 2:25:19 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$1,149$19,060
2019$1,142$19,051
2018$1,143$19,051
2017$1,054$16,569

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-3473593
3
/10

  • Stevan Dohanos Elementary School

  • 1625 E 32nd St

  • 0.33 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3473594
5
/10

  • Longfellow Middle School

  • 305 Louisiana Ave

  • 2.15 miles

  • Public District Grades 7-8

High School

school-card-donut-3473595
3
/10

  • Lorain High School

  • 2600 Ashland Ave

  • 2.60 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 $25,370. Most Lorain, OH residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1705 E 29th St

What is the listing price of this property?

The listing price of 1705 E 29th St property is $129,900.

What type of property is this?

The property 1705 E 29th St is a house located in Lorain, Ohio, 44055.

Is this property for sale now?

Active Listing: 1705 E 29th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1705 E 29th St are:
Stevan Dohanos Elementary School: GreatSchools Rating 3/10
Longfellow Middle School: GreatSchools Rating 5/10
Lorain High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,149 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1705 E 29th St has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1705 E 29th St is 2,565 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1705 E 29th St is 1900.

Rocket Homes›Ohio›Lorain County›Lorain›44055›1705 E 29th St

This home is located at 1705 E 29th St in Lorain, OH and zip code 44055. This 2,565 square foot home, which was built in 1900, sits on a 0.17 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $129,900.

In March 2024, from all listings sold in Lorain, OH there were more than 26 sold above asking price, over 24 sold below and more than 16 were sold right at the asked price. The number of listings in Lorain, OH increased by 8.2% between February 2024 and March 2024. Listings spent 40 days on the market in March 2024, and had a median list price of $139,433 during the same period.

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

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