Property Report for 1724 Wallace Ln, Lorain, OH 44053

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1724 Wallace Ln, Lorain, OH 44053
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1724 Wallace Ln, Lorain, OH 44053
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Property Details
  • Property Address 1724 Wallace Ln, Lorain, OH 44053
  • County Lorain
  • Parcel ID 02-02-022-102-011
  • Legal description WALLACE SUB 1 FRNT 0100.00 DPTH 0532.00
  • School district Lorain City School District
  • Acreage 1.07
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 1,991
  • Year built 1955
  • Bedrooms 4
  • Bathrooms 3

About the Property

1724 Wallace Ln is a single family residence in the city of Lorain, OH 44053. Located in the Lorain City School District, which resides in Lorain County, OH and built in 1955. This Single Family Residence sits on a 46,609 sq ft lot and features 4 bedrooms, 3 bathrooms and 1,991 sq ft of living space.

The most recent property tax for 1724 Wallace Ln was $2,216 with an estimated market value range of $189,029 to $200,722.

Property Info

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Flood

Ownership

Land
  • Acres 1.07
  • Square Feet 46,609
Building
  • Units 1
  • Year Built 1955
  • Effective Year Built 1960
  • Stories 1
  • # Fireplaces 1
  • Garage/Carport 336 sq.ft.
Utilities
  • Cooling Central
  • Heating Yes
Interior
  • Square Footage
  • Living Area 1,991
  • Total Rooms 8
  • Bedrooms 4
  • Total Bathrooms 3
  • Full Bathrooms 3
  • Additional Rooms
  • Family Room
Your Property Report will also include the following information:

Lorain Residential Market Stats

Median Sale Price $147,500 +13.5% YoY
Median Price/sq ft. $103
Lorain County Median Sale Price $147,500 +13.5% YoY

See more Real Estate Trends for Lorain including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 1724 Wallace Ln, Lorain

Tax YearTaxesTax Assesed ValueExemptions
2022$2,216 (-7.2%) $52,150 (+5.6%)

2020$2,388 (+0.6%) $49,390

2019$2,374$49,389

2018

2017

2016

2015

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Sales History for 1724 Wallace Ln, Lorain

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Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
978 LAKEVIEW DR .8 mi1,68207/17/2023$172,900$103
1338 HAWTHORNE AVE .53 mi2,08006/29/2023$237,000$114
936 OBERLIN AVE 1.32 mi1,82206/20/2023$130,500$72
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Dec 21, 2022 Confidence Score: 97%

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Rental Value Estimate ATTOM
Jan 29, 2023

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.