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518 W 21st St, Lorain, OH, 44052

$99,900

Home List Price

$1,186*

Closing Credit

3 Bedrooms
1 Full Bath
1,536 SqFt
$65/SqFt
House
Schools Nearby

Location

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518 W 21st St, Lorain$99,900

Buyer Closing Credits

$1,186*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, No Garage, Parking Pad
Year Built1904
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
FireplaceNone
ViewCity
MLS #5021425
Lot Size0.14 Acres
StatusActive

About 518 W 21st St

Don't miss out on this excellent opportunity! This single family home has been recently remodeled and currently has a tenant in place with a month-to-month lease at $1025/mos paying all bills including water. This spacious single family home is in a prime location, near downtown Lorain and schools. The property next door is also for sale (multi-family unit) and can be sold together. This is an excellent opportunity to live next door to a cash flowing investment property or to have multiple cash flowing properties in close proximity.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1904
  • Stories: 2
  • Living Area: 1,536 SqFt

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (440) 420-0528
  • Listing Agent: Kenneth Lencoski

Interior Features

Interior Information:

  • Appliances: Range
  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City
  • Exterior: Porch/Covered, Porch Front

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, No Garage, Parking Pad

Lot Features

Lot Information:

  • Lot: Back Yard, Level, Front Yard, Rectangular Lot
  • Lot Size: 0.14 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: Take Broadway south from Lake Erie and Turn right on w 21st. House will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,900
  • Price Per SqFt: $65/SqFt

Tax Information:

  • Annual Amount: $1,063
  • 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 21st St vs Lorain

55 DAYS ON ROCKET

+15 Days

$99,900

-$39.5K Less

$65/SqFt

-$28 Less

KEY TAKEAWAY

This property is $39.5K less than the Median Sold Price and $28/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: #5021425

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (440) 420-0528
  • Listing Agent: Kenneth Lencoski

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: 4/28/2024, 5:25:20 PM 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$1,063$16,800
2019$1,006$16,797
2018$1,007$16,797
2017$912$14,333

History based on county public records data.

Payment Calculator

$566

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-2448179
3
/10

  • Hawthorne Elementary School

  • 610 W 20th St

  • 0.05 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2448180
4
/10

  • General Johnnie Wilson Middle School

  • 2700 Washington Ave

  • 0.52 miles

  • Public District Grades 7-8

High School

school-card-donut-2448181
3
/10

  • Lorain High School

  • 2600 Ashland Ave

  • 1.02 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. The majority of Lorain, OH residents have income between $35k-100k annually. 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 21st St

What is the listing price of this property?

The listing price of 518 W 21st St property is $99,900.

What type of property is this?

The property 518 W 21st St is a house located in Lorain, Ohio, 44052.

Is this property for sale now?

Active Listing: 518 W 21st 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 518 W 21st 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 $1,063 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 518 W 21st St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 518 W 21st St is 1,536 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 W 21st St is 1904.

Rocket Homes›Ohio›Lorain County›Lorain›44052›518 W 21st St

This home is located at 518 W 21st St in Lorain, OH and zip code 44052. This 1,536 square foot home, which was built in 1904, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $99,900.

In March 2024 more than 26 listings in Lorain, OH were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 24 were sold below. The number of listings in Lorain, OH increased by 8.2% between February 2024 and March 2024. In March 2024 median list price was $139,433 and the average listing age was 40 days.

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

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