15 days on rocket

1426 Reid Ave, Lorain, OH, 44052

$95,000

Home List Price

$1,128*

Closing Credit

2 Bedrooms
1 Full Bath
1,584 SqFt
$60/SqFt
House
Schools Nearby

Location

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1426 Reid Ave, Lorain$95,000

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Direct Access, Driveway, Garage
Attached Garage2 spaces
Year Built1920
HeatingForced Air, Natural Gas
CoolingWall/Window Unit(s)
BasementYes
FireplaceNone
ViewCity
MLS #5026501
Lot Size0.05 Acres
StatusActive

About 1426 Reid Ave

Step into the realm of possibility with this charming 2-bedroom, 1-bathroom abode nestled in the vibrant heart of Lorain! Boasting 980 square feet of potential, this home is not just a property; it's a canvas waiting for your creative brushstrokes. Whether you're an avid investor seeking a lucrative flipping opportunity or a discerning homeowner envisioning your forever sanctuary, this residence offers boundless possibilities. Imagine the thrill of transforming each room into a reflection of your unique style and personality. From the cozy living spaces to the inviting bedrooms, every corner presents an opportunity to craft the perfect ambiance for relaxation and rejuvenation. With a little imagination and effort, this humble dwelling can be elevated into a haven that resonates with warmth and charm. Beyond its physical dimensions, consider the limitless potential for growth and prosperity that this property embodies. As you contemplate the future, envision the satisfaction of reaping the rewards of your investment, whether through resale value appreciation or the fulfillment of creating a home tailored to your exact specifications. But perhaps the most enticing aspect of this opportunity lies in the adventure that awaits. Embark on a journey of discovery and transformation as you breathe new life into this space. Each decision, each renovation, is a step closer to realizing your vision and unlocking the full potential of this diamond in the rough. So, why wait? Seize the opportunity to make your mark on this blank canvas and embark on your next great adventure in homeownership. The possibilities are as vast as your imagination, and the rewards are limited only by your determination and dedication. Don't just dream of what could be—make it a reality with this remarkable home in the heart of Lorain. New Water Heater and Furnace installed.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,584 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (440) 454-2456
  • Listing Agent: Majdey Taye

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City
  • Exterior: None, Porch/Covered, Porch Front

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Direct Access, Driveway, Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Level
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Wall/Window Unit(s)

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: Reid Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000
  • Price Per SqFt: $60/SqFt

Tax Information:

  • Annual Amount: $907
  • 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

$139.9K

Med. Price/SqFt

$93

Avg. Days On Market

48

# of Sold Homes

87

1426 Reid Ave vs Lorain

15 DAYS ON ROCKET

-33 Days

$95,000

-$44.9K Less

$60/SqFt

-$33 Less

KEY TAKEAWAY

This property is $44.9K less than the Median Sold Price and $33/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: #5026501

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (440) 454-2456
  • Listing Agent: Majdey Taye

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: 5/28/2024, 9:20:38 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$907$14,700
2019$859$14,701
2018$859$14,701
2017$862$13,906

History based on county public records data.

Payment Calculator

$542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

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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-3960858
3
/10

  • Hawthorne Elementary School

  • 610 W 20th St

  • 0.41 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3960859
4
/10

  • General Johnnie Wilson Middle School

  • 2700 Washington Ave

  • 0.91 miles

  • Public District Grades 7-8

High School

school-card-donut-3960860
3
/10

  • Lorain High School

  • 2600 Ashland Ave

  • 1.30 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 $28,810. The most common annual income of people living in Lorain, OH is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1426 Reid Ave

What is the listing price of this property?

The listing price of 1426 Reid Ave property is $95,000.

What type of property is this?

The property 1426 Reid Ave is a house located in Lorain, Ohio, 44052.

Is this property for sale now?

Active Listing: 1426 Reid 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 1426 Reid Ave 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 $907 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1426 Reid Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1426 Reid Ave is 1,584 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1426 Reid Ave is 1920.

Rocket Homes›Ohio›Lorain County›Lorain›44052›1426 Reid Ave

This home is located at 1426 Reid Ave in Lorain, OH and zip code 44052. This 1,584 square foot home, which was built in 1920, sits on a 0.05 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $95,000.

In April 2024, from all listings sold in Lorain, OH there were more than 41 sold above asking price, over 38 sold below and more than 8 were sold right at the asked price. The number of homes for sale in Lorain, OH decreased by 0.7% between March 2024 and April 2024. In April 2024, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $139,900.

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

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