Zip Code
225 E Lake Dr, Lagrange, OH 44050
3 beds · 2 baths · 1,344 sq ft · Lot: 9,148 sq ft · Single Family Home · Last Sold: $96K in 2023 · Built: 1976
Est. Value:
$299K
Est. Rent:
$1.3K/month

225 E Lake Dr Lagrange, OH 44050

Get Owner Info
3 beds · 2 baths · 1,344 sq ft · Lot Size: 9,148 sq ft · Single Family Home
Est. Property Value: $298,736

Valued above Market MedianOwned for Less Than 5 YearsOwner Age 55 - 65Equity Status

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

225 E Lake 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 1976 and is approximately 49 years old. The single family home spans 1344 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9148 sq ft lot. According to public records, it was last sold in 2023 for $96,000. Analyze and compare real estate investment strategies for properties like this home at 225 E Lake Dr Lagrange, OH 44050 with Property Intel by Whitepages.

Investment Potential for 225 E Lake Dr

The property has a current estimated value of $298,736, which is 18% above the zip median, based on public records. It last sold on May 02, 2023 for $96K. Projected long-term
is $15,600 annually ($1,300 per month) with a 93% occupancy rate.

Discover more Single Family Homes in 44050.
See Recommended Properties

Long-Term

Gross Rental
$15,600 per year($1,300 per month)
Net Operating Income
$****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 44050 zip code
 
View Rental Potential

Owners & Occupancy for 225 E Lake Dr

This property is owned by Anmarie M Edwards. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

OccupationCashier, Choctaw Travel Plaza
Cell Phone(440) ***-****View Cell Phone
Residence************
Landline(440) 986-2339
Distance from Property**********
Email Address************@yahoo.comView Email
View All Owner Info

Property Ownership Information

Purchase DateMay 02, 2023
Property Tax Amount$2,491 in 2023
Purchase Price$96,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************
Resident 2***************** age 56
Resident 3*************** age 56
Resident 4************ age 34
Resident 5*************** age 56

Property Details for 225 E Lake Dr

Property Details

Property Sq Ft

Living Area

1,344 sq ft

19% below market

Lot Size

9,148 sq ft

47% below market

Price Per Sq Ft

Living Area

$222 / sq ft

42% above market

Lot Size Area

$33 / sq ft

64% above market

Property condition, age, exterior, etc. for 225 E Lake…
Longitude: -82.15013 Latitude: 41.204996 Parcel Number (APN): 15-00-099-105-012…
Mortgage originated on through lender: Ftf Lndg Llc for$******View Mortgage Details
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Recommended Properties in 44050

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    41340 Mills Cir, Lagrange, OH 44050

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    371 Palomino Ct, Lagrange, OH 44050

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    Est. Value

    488 Arabian Ct, Lagrange, OH 44050

    3 beds · 1 baths · 1,344 sq ft · Last Sold: $80,000 in 2024 · Built: 1976

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    207 Loperwood Ln, Lagrange, OH 44050

    3 beds · 2 baths · 1,804 sq ft · Last Sold: $201,500 in 2019 · Built: 1995

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    817 Robinson Dr, Lagrange, OH 44050

    3 beds · 2 baths · 1,629 sq ft · Last Sold: $188,000 in 2018 · Built: 2018

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    Est. Value

    715 Grey Wolfe Dr, Lagrange, OH 44050

    3 beds · 2 baths · 1,373 sq ft · Last Sold: $180,000 in 2019 · Built: 2004

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    236 Forest Park Dr, Lagrange, OH 44050

    3 beds · 2 baths · 1,513 sq ft · Last Sold: $63,000 in 2012 · Built: 2000

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    Est. Value

    348 Hickory Run, Lagrange, OH 44050

    3 beds · 2 baths · 1,344 sq ft · Last Sold: $100,000 in 2021 · Built: 1979

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    Est. Value

    309 Prospect St, Lagrange, OH 44050

    3 beds · 1 baths · 1,458 sq ft · Last Sold: $110,000 in 2006 · Built: 1948

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    Est. Value

    42293 Chuckar Ct, Lagrange, OH 44050

    3 beds · 3 baths · 1,580 sq ft · Built: 1993

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    Est. Value

    345 S Center St, Lagrange, OH 44050

    3 beds · 2 baths · 1,290 sq ft · Last Sold: $150,000 in 2023 · Built: 1945

Market Benchmarks

Compare data for 225 E Lake Dr in Lorain County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$298,736
$203,212
$95,524 (47%)
$******
$312,168
$329,494 (106%)
YoY Price Change
****%
3.15%
170%
Year Built
1976
1962
14 years
Living Space
1,344 sq ft
1,501 sq ft
-157 (-10%)
$ Per Living Sq Ft
$222
$141
$81 (58%)
Lot Size
9,148 sq ft
11,280 sq ft
-2132 (-19%)
$ Per Lot Sq Ft
$33
$20
$13 (65%)

Net Operating Income
$****
$9,681
-$823 (-9%)
Annual Revenue
$15,600
$15,000
$600 (4%)
$****
$5,762
$980 (17%)
Net Operating Income
$****
$9,681
-$823 (-9%)
Cap Rate
****%
4.77%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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