Property Report for 2042 Wallace Ln, Lorain, OH 44053

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2042 Wallace Ln, Lorain, OH 44053
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2042 Wallace Ln, Lorain, OH 44053
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Property Details
  • Property Address 2042 Wallace Ln, Lorain, OH 44053
  • County Lorain
  • Parcel ID 02-02-022-102-018
  • Legal description WALLACE SUB 1 49.80 X 999.57
  • School district Lorain City School District
  • Acreage 1.89
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 1,092
  • Year built 1954
  • Bedrooms 3
  • Bathrooms 2

About the Property

2042 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 1954. This Single Family Residence sits on a 82,328 sq ft lot and features 3 bedrooms, 2 bathrooms and 1,092 sq ft of living space.

The most recent property tax for 2042 Wallace Ln was $1,993 with an estimated market value range of $139,467 to $151,090. This property was last sold on October 30, 2009 for $65,100.

Property Info

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Flood

Ownership

Land
  • Acres 1.89
  • Square Feet 82,328
Building
  • Units 1
  • Year Built 1954
  • Effective Year Built 1964
  • Stories 1
  • # Fireplaces N/A
  • Garage/Carport 528 sq.ft.
Utilities
  • Cooling Central
  • Heating Yes
Interior
  • Square Footage
  • Living Area 1,092
  • Total Rooms 5
  • Bedrooms 3
  • Total Bathrooms 2
  • Full Bathrooms 2
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 2042 Wallace Ln, Lorain

Tax YearTaxesTax Assesed ValueExemptions
2022$1,993 (-8.3%) $39,040 (+5.6%)

2020$2,173 (+0.6%) $36,970

2019$2,160$36,967

2018

2017

2016

2015

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Sales History for 2042 Wallace Ln, Lorain

The most recent sale on 2042 Wallace Ln took place on Oct 19, 2009 and recorded on Oct 30, 2009 for $65,100. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
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
1415 W 18TH ST 1.07 mi1,16006/30/2023$80,000$69
2408 OAKDALE AVE 1.96 mi1,23606/27/2023$17,500$14
1215 W 39TH ST 1.67 mi1,09206/20/2023$105,000$96
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

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  • Estimated Value from ATTOM AVM:

  • Available Equity:

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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: 96%

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High
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.