Zip Code
246 Forest Park Dr, Lagrange, OH 44050
3 beds · 2 baths · 1,576 sq ft · Lot: 6,098 sq ft · Single Family Home · Last Sold: $113K in 1999 · Built: 1999
Est. Value:
$134K
Est. Rent:
$1.2K/month

246 Forest Park Dr Lagrange, OH 44050

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3 beds · 2 baths · 1,576 sq ft · Lot Size: 6,098 sq ft · Single Family Home
Est. Property Value: $134,496

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

246 Forest Park Dr is in the 44050 neighborhood of Lagrange, OH. It is located in Lorain County and ZIP code 44050. This Single Family Home was built in 1999 and is approximately 26 years old. The single family home spans 1576 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6098 sq ft lot. According to public records, it was last sold in 1999 for $112,900. Analyze and compare real estate investment strategies for properties like this home at 246 Forest Park Dr Lagrange, OH 44050 with Property Intel by Whitepages.

Investment Potential for 246 Forest Park Dr

The property has a current estimated value of $134,496, which is 47% below the zip median, based on public records. It last sold on November 12, 1999 for $113K. Projected long-term
is $14,400 annually ($1,200 per month) with a 93% occupancy rate.

Discover more Single Family Homes in 44050.

Long-Term

Gross Rental
$14,400 per year($1,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 44050 zip code
 
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Owners & Occupancy for 246 Forest Park Dr

This property is owned by Janice Rae Yarrow. Owner contact information includes 5 phone numbers and 6 email addresses.

Property Owners

OccupationSubstitute Teacher, Midview Local Schools
Cell Phone(216) ***-****View Cell Phone
Residence************
Landline(440) 335-5560
Distance from Property**********
Email Address********@yahoo.comView Email

Property Ownership Information

Purchase DateNovember 12, 1999
Property Tax Amount$2,561 in 2023
Purchase Price$112,900

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 73

Property Details for 246 Forest Park Dr

Property Details

Property Sq Ft

Living Area

1,576 sq ft

5% below market

Lot Size

6,098 sq ft

65% below market

Price Per Sq Ft

Living Area

$85 / sq ft

45% below market

Lot Size Area

$22 / sq ft

11% above market

Property condition, age, exterior, etc. for 246 Forest…
Longitude: -82.148387 Latitude: 41.204064 Parcel Number (APN): 15-00-098-104-020…
Mortgage originated on through lender: Federal S&l Assn/cleveland for$****View Mortgage Details
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Market Benchmarks

Compare data for 246 Forest Park Dr in Lorain County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$134,496
$203,212
-$68,715 (-34%)
$312,168
-$23,280 (-7%)
YoY Price Change
3.15%
-141%
Year Built
1999
1962
37 years
Living Space
1,576 sq ft
1,501 sq ft
75 (5%)
$ Per Living Sq Ft
$85
$141
-$56 (-39%)
Lot Size
6,098 sq ft
11,280 sq ft
-5182 (-46%)
$ Per Lot Sq Ft
$22
$20
$2 (11%)

Net Operating Income
$9,681
-$752 (-8%)
Annual Revenue
$14,400
$15,000
-$600 (-4%)
$5,762
-$291 (-5%)
Net Operating Income
$9,681
-$752 (-8%)
Cap Rate
4.77%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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