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2518 Oakdale Ave, Lorain, OH, 44052

$85,000

Home List Price

$1,009*

Closing Credit

2 Bedrooms
1 Full Bath
686 SqFt
$124/SqFt
House
Schools Nearby

Location

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2518 Oakdale Ave, Lorain$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, No Garage
Year Built1900
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #5008179
Lot Size0.04 Acres
StatusActive

About 2518 Oakdale Ave

Turnkey vinyl sided colonial with 2 beds/1bath, rented for $850/mo. Features: newer high-efficiency furnace, driveway parking, central AC, low taxes, some newer windows. Conveniently located near freeways, shopping, schools, and more. Professional management in place.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Stories: 1
  • Living Area: 686 SqFt

Listing Office:

  • Office Name: Century 21 Homestar
  • Office Phone: (216) 373-7727
  • Listing Agent: Michael A Ferrante

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, No Garage

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lorain High School, Public District Grades 9-12
  • General Johnnie Wilson Middle School, Public District Grades 7-8
  • Washington Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: West off Broadway, corner of W 25th and Oakdale

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $124/SqFt

Tax Information:

  • Annual Amount: $1,009
  • 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

2518 Oakdale Ave vs Lorain

118 DAYS ON ROCKET

+78 Days

$85,000

-$54.4K Less

$124/SqFt

+$31 More

KEY TAKEAWAY

This property is $54.4K less than the Median Sold Price and $31/SqFt more than other homes in Lorain, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5008179

Listing Office:

  • Office Name: Century 21 Homestar
  • Office Phone: (216) 373-7727
  • Listing Agent: Michael A Ferrante

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: 4/19/2024, 12:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 07, 2021Home Sold
$76,800
Mar 01, 2021Home Sold
$55,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,009$16,740
2019$1,003$16,734
2018$1,004$16,734
2017$876$13,773

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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-481336
4
/10

  • Washington Elementary School

  • 1025 W 23rd St

  • 0.45 miles

  • Public District Grades KG-6

Middle School

school-card-donut-481337
4
/10

  • General Johnnie Wilson Middle School

  • 2700 Washington Ave

  • 0.43 miles

  • Public District Grades 7-8

High School

school-card-donut-481338
3
/10

  • Lorain High School

  • 2600 Ashland Ave

  • 0.98 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 $36,736. The majority of Lorain, OH residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Lorain, OH

What type of housing is available in Lorain, OH?

Single detached homes are the main housing type, representing most dwellings in Lorain, while large apartment buildings are also present in the housing stock. This city is primarily composed of two bedroom and three bedroom homes. About 60% of the dwellings in the city are occupied by homeowners and 40% are rented. This city experienced its largest building boom pre-1960, so most of the available housing stock is from this era.

Is Lorain, OH a good place to live?

Lorain is fairly good for those who enjoy a quiet atmosphere, as the streets are reasonably tranquil - although that is not the case close to one of the railway lines.

Are things conveniently located in Lorain, OH?

Locals will welcome that no matter where their home is situated in this city, primary schools are close by. However, there are only a limited number of high schools and thus they can be an extended walk away. Residents can choose between public and private elementary schools. With regards to food, it is easy to reach the nearest supermarket on foot in Lorain. Residents benefit from over 50 restaurants and coffee shops as well.

What does the transportation in Lorain, OH look like?

The car is very often the best means of transportation in this part of the Cleveland-Elyria metropolitan area. It is very easy to park. Lorain is not very conducive to walking because very few common errands can be run without needing to resort to a car.

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Frequently Asked Questions About 2518 Oakdale Ave

What is the listing price of this property?

The listing price of 2518 Oakdale Ave property is $85,000.

What type of property is this?

The property 2518 Oakdale Ave is a house located in Lorain, Ohio, 44052.

Is this property for sale now?

Active Listing: 2518 Oakdale Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2518 Oakdale Ave are:
Washington Elementary School: GreatSchools Rating 4/10
General Johnnie Wilson Middle School: GreatSchools Rating 4/10
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 $1,009 (source: MLS/based on county public records data).

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

The last sale was on June 7, 2021 for $76,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2518 Oakdale Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2518 Oakdale Ave is 686 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2518 Oakdale Ave is 1900.

Rocket Homes›Ohio›Lorain County›Lorain›44052›2518 Oakdale Ave

This home is located at 2518 Oakdale Ave in Lorain, OH and zip code 44052. This 686 square foot home, which was built in 1900, sits on a 0.04 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $85,000.

Over 26 listings were sold over their listed price in March 2024 in Lorain, OH. In the same period over 24 listings were sold below the listed price and 16 listings were sold for the listed price. The number of homes for sale in Lorain, OH increased by 8.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 40 days, the median list price was $139,433.

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

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