Last Sold Price
4 beds1,768 sqft$81/sqft
637 Root RoadLorain, OH44052

Description

Welcome to this well-maintained colonial duplex. 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. Each unit has it's own utility space. so no need to share a space. Enjoy the outdoors with a shared front porch. As you head around into the...Welcome to this well-maintained colonial duplex. 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. Each unit has it's own utility space. so no need to share a space. Enjoy the outdoors with a shared front porch. As you head around into the spacious backyard, you will see your own personal fenced in patio area that is not shared with the neighbor. Each unit also has their own garage, so no need to park anywhere else. Don't miss out on this fantastic opportunity to own a multi-family property. Schedule a showing today!
LISTING CLOSED: 09/26/2024 12:00 AM

  1. Listed by Danielle Preyss • Howard Hanna
    P: (440)-552-6644 C: (440)-552-6644 daniellepreyss@howardhanna.com

Property Details for 637 Root Road

Status
MLS #
5063085
Days on Market
5
Taxes
$2,014 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Duplex
Year Built
1979
Lot Size
0.21 AC / 9,147 SF
Has Waterfront
No

Location

Listing Courtesy of Howard Hanna

Sold By Russell Real Estate Services

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Building Information for 637 Root Road

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

Payment Calculator

$900 per month

30 year fixed, 6.55% Interest

Principal and Interest

$732

Property Taxes

$168

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 637 Root Road

Summary
Location and General Information
  • Directions: East Erie to Root Rd.
  • Latitude: 41.476859
  • Longitude: -82.131708
  • Township: Lorain
Taxes and HOA
  • Parcel Number: 03-00-031-105-042
  • Tax Annual Amount: $2,014.00
  • 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, Garage, 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: Public Records
  • Living Area: 1768.0
  • Living Area Units: Square Feet
  • Year Built: 1979
  • Year Built Source: Assessor
Building Features
  • Construction Materials: Cedar
  • Foundation Details: Slab
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Has Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms Integer: 4
  • Total Bedrooms: 4
  • Cooling: Ceiling Fans, None
  • Has Cooling: No
  • Heating: Baseboard, Electric
  • Has Heating: Yes
  • Main Level Bathrooms: 0
  • Total Rooms: 10
Exterior Features
  • Fencing: Chain Link, Full, Privacy, Wood
  • Private Pool: No
  • Roof: Asphalt, Fiberglass, Shingle
  • Stories: 2
  • Total Stories: 2
Unit Information
Unit 1
  • Actual Rent: $650.00
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Description: fam rm has carpet, kit has vinyl, bedrms are carpeted, 1.5 baths
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Description: fam rm has carpet, kit has vinyl. bedrms are carpeted, 1.5 baths
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom

Property History for 637 Root Road

DateEvent & SourcePriceAppreciation
Sep 26, 2024

Sold

MLS Now #5063085

$144,000
Sep 25, 2024

Sold (Public Record)

Public Record #1541436957

$144,125

+7.2% / yr

Aug 24, 2024

Contract Signed

MLS Now #5063085

DateEvent & SourcePrice
09/26/2024

Sold

MLS Now #5063085

$144,000
09/25/2024

Sold (Public Record)

Public Record #1541436957

$144,125

+7.2% / yr

08/24/2024

Contract Signed

MLS Now #5063085

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

Public Records for 637 Root Road

Taxable ValueLand$5,198Additions$41,535Total$46,733
Tax Record2024$1,951 ($163 / month)
Home Facts
Baths3Total Finished SqFt1,768 SqFtAbove Grade Finished SqFt1,768 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1979CountyLORAINAPN03-00-031-105-042Fireplace TypeHas Fireplace

Schools near 637 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
$98,000
1,768
0.2
$166,500
4
1,768
0.21
$23,256
4
1,768
0.21
$23,256
1,768
0.2
$97,500
4
2
1,768
0.21

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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