13 days on rocket

Sale Pending

518 W 20th St, Lorain, OH, 44052

$49,900

Home List Price

$593*

Closing Credit

3 Bedrooms
1 Full Bath
1,144 SqFt
$44/SqFt
House
Schools Nearby

Location

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518 W 20th St, Lorain$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingUnpaved
Year Built1900
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5031561
Lot Size0.08 Acres
StatusSale Pending
(Pending)

About 518 W 20th St

This fixer-upper colonial presents an excellent opportunity for those looking to add value and maximize returns. Boasting a charming covered front porch, this property features a spacious dining room, ideal for gatherings or entertaining guests. Upstairs, you'll find three bedrooms and a full bathroom, offering ample space for comfortable living. Additionally, the full basement provides extra storage or the potential for further renovation. With some TLC and creative vision, this property has the potential to shine. Don't miss out on this opportunity. Schedule a viewing today! Selling in 'As is' condition.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: Landlord Leasing, Inc.
  • Office Email: landlord@landlordleasing.com
  • Listing Agent: Justin D Hunker

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch/Covered

Parking Information:

  • Attached Garage: No
  • Parking: Unpaved

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Oakdale to W. 20th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $44/SqFt

Tax Information:

  • Annual Amount: $596
  • 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

518 W 20th St vs Lorain

13 DAYS ON ROCKET

-27 Days

$49,900

-$89.5K Less

$44/SqFt

-$49 Less

KEY TAKEAWAY

This property is $89.5K less than the Median Sold Price and $49/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: #5031561

Listing Office:

  • Office Name: Landlord Leasing, Inc.
  • Office Email: landlord@landlordleasing.com
  • Listing Agent: Justin D Hunker

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: 5/1/2024, 11:25:21 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$596$9,420
2019$564$9,419
2018$565$9,419
2017$419$6,574

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-4147016
3
/10

  • Hawthorne Elementary School

  • 610 W 20th St

  • 0.03 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4147017
4
/10

  • General Johnnie Wilson Middle School

  • 2700 Washington Ave

  • 0.55 miles

  • Public District Grades 7-8

High School

school-card-donut-4147018
3
/10

  • Lorain High School

  • 2600 Ashland Ave

  • 1.03 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 $48,897. Most Lorain, OH residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 W 20th St

What is the listing price of this property?

The listing price of 518 W 20th St property is $49,900.

What type of property is this?

The property 518 W 20th St is a house located in Lorain, Ohio, 44052.

Is this property for sale now?

Sale Pending: 518 W 20th St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 518 W 20th St are:
Hawthorne Elementary School: GreatSchools Rating 3/10
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 $596 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 518 W 20th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 518 W 20th St is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 W 20th St is 1900.

Rocket Homes›Ohio›Lorain County›Lorain›44052›518 W 20th St

This home is located at 518 W 20th St in Lorain, OH and zip code 44052. This 1,144 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $49,900.

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 inventory of homes for sale in Lorain, OH between February 2024 and March 2024 increased by 8.2%. 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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