631 Root Road

1,768 Sq. Ft.
$94 / Sq. Ft.
1,768
Sq. Ft.
$94
per Sq. Ft.

Description

Welcome to this recently renovated colonial duplex, both sides have been renovated. An excellent investment opportunity with a long-term tenant currently occupying half the duplex providing immediate rental income. The other side is available for you to call it home or for further rental income. The choice is yours. Each unit boasts comfortable living spaces with 2 bedrooms and 1 1/2 bathrooms and has its own utility space, so no need to share a laundry space. As you head around into the backyard,...Welcome to this recently renovated colonial duplex, both sides have been renovated. An excellent investment opportunity with a long-term tenant currently occupying half the duplex providing immediate rental income. The other side is available for you to call it home or for further rental income. The choice is yours. Each unit boasts comfortable living spaces with 2 bedrooms and 1 1/2 bathrooms and has its own utility space, so no need to share a laundry space. As you head around into the backyard, you will see your own personal storage area that is not shared with the neighbor, each tenant has their own. Many duplexes in the area do not have this feature. Each unit also has their own garage, with newer doors, so no need to park anywhere else. Newer 2024 Stainless steel kitchen refrigerator and range included along with the washer, dryer and water heater on tenant side. Don't miss out on this fantastic opportunity to own a multi-family property. Schedule a showing today!
  1. Listed by Danielle Preyss • Howard Hanna
    P: (440)-552-6644 C: (440)-552-6644 daniellepreyss@howardhanna.com

Property Details for 631 Root Road

Has Waterfront
No
LISTING CLOSED: 11/08/2024 12:00 AM

Property Details for 631 Root Road

StatusClosed
MLS #5075822
Days on Market3
Taxes$2,010 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1979
Lot Size0.21 AC / 9,147 SF
CountyLorain County

Location

Listing Courtesy of Howard Hanna

Sold By Keller Williams Citywide

Add your commute

Building Information for 631 Root Road

Stories2Residences-Year Built1979Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$1,014 per month

30 year fixed, 6.55% Interest

Principal and Interest

$846

Property Taxes

$168

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 631 Root Road

Summary
Location and General Information
  • Directions: Root Rd is off of 611/Colorado Ave
  • Latitude: 41.47893
  • Longitude: -82.132
  • Township: Lorain
Taxes and HOA
  • Parcel Number: 03-00-031-105-041
  • Tax Annual Amount: $2,010.00
  • Tax Year: 2023
School Information
  • Elementary School District: Lorain CSD - 4709
  • High School District: Lorain CSD - 4709
  • Middle or Junior School District: Lorain CSD - 4709
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway, Paved
Property
Lot Information
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 1768.0
  • Above Grade Finished Area Source: Assessor
  • Living Area: 1768.0
  • Living Area Units: Square Feet
  • Year Built: 1979
  • Year Built Source: Assessor
Building Features
  • Construction Materials: Cedar
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Range
  • Basement: None
  • Has Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms Integer: 4
  • Total Bedrooms: 4
  • Cooling: None
  • Has Cooling: No
  • Heating: Baseboard, Electric
  • Has Heating: Yes
  • Laundry Features: Main Level
  • Main Level Bathrooms: 0
  • Total Rooms: 8
Exterior Features
  • Fencing: Chain Link
  • Private Pool: No
  • Roof: Asphalt, Shingle
  • Stories: 2
  • Total Stories: 2
Unit Information
Unit 1
  • Area: 1768.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Colonial duplex. 633 Side is vacant
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom
Unit 2
  • Area: 1768.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Colonial duplex, 631 side is Tenant Occupied
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Rental
Rent Information
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity

Property History for 631 Root Road

DateEvent & SourcePriceAppreciation
Nov 8, 2024

Sold

MLS Now #5075822

$166,500
Nov 6, 2024

Sold (Public Record)

Public Record #1544597422

$166,500

+26.1% / yr

Oct 10, 2024

Contract Signed

MLS Now #5075822

DateEvent & SourcePrice
11/08/2024

Sold

MLS Now #5075822

$166,500
11/06/2024

Sold (Public Record)

Public Record #1544597422

$166,500

+26.1% / yr

10/10/2024

Contract Signed

MLS Now #5075822

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 631 Root Road

Taxable ValueLand$5,275Additions$42,914Total$48,189
Tax Record2024$2,036 ($170 / month)
Home Facts
Baths3Total Finished SqFt1,768 SqFtAbove Grade Finished SqFt1,768 SqFtStories2Lot Size9,148 SqFtStyleDuplexYear Built1979CountyLORAINAPN03-00-031-105-041Fireplace TypeHas Fireplace

Schools near 631 Root Road

This home is within Lorain City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Larkmoor Elementary School
PublicPK to 5

Longfellow Middle School
Public6 to 8

Lorain High School
Public9 to 12

Digital Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot AC
$144,000
4
1,768
0.21
$98,000
1,768
0.2
$89,000
4
1,766
0.22
$89,000
1,768
0.22
$75,000
3
1,802
0.22

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna

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