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3251 Amherst Ave

Lorain, OH 44052

3 bd 1 ba 1,315 sqft Built 1941 Lot 6,970 sqft single_family
Most recent sale
$62,000
Jun 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 7, 2022 Listing removed $125,000 MLSNOW
Oct 27, 2022 Price changed $125,000 MLSNOW
Oct 13, 2022 Listed $150,000 MLSNOW
Jun 9, 2021 Sold $62,000 MLSNOW
Apr 27, 1992 Sold $41,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $23,570 $7,460 $31,030 $1,246
2023 $20,468 $4,750 $25,218 $1,332
2022 $19,506 $4,750 $24,256 $1,270
2021 $19,506 $4,750 $24,256 $1,270
2020 $15,656 $3,812 $19,468 $1,174
2019 $15,656 $3,812 $19,468 $1,167
2018 $15,656 $3,812 $19,468 $1,168
2017 $14,879 $4,456 $19,335 $1,230
2016 $14,879 $4,456 $19,335 $1,220
2015 $14,879 $4,456 $19,335 $1,153
2014 $16,261 $4,869 $21,130 $1,257
2013 $16,261 $4,869 $21,130 $1,248
2012 $16,261 $4,869 $21,130 $1,208
2011 $22,155 $4,865 $27,020 $1,261
2010 $22,155 $4,865 $27,020 $1,255
2009 $22,155 $4,865 $27,020 $1,236
2008 $24,610 $5,390 $30,000 $1,269
2007 $24,610 $5,390 $30,000 $1,264

Property facts

Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,315 sqft
Lot size
6,970 sqft
ZIP code
44052
City
Lorain
Street
Amherst Ave
Coordinates
41.44054, -82.17264

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$372
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3251 Amherst Ave last sell?
3251 Amherst Ave most recently sold on Jun 9, 2021 for $62,000.
What is the current tax assessment for 3251 Amherst Ave?
The most recent total assessment for 3251 Amherst Ave (year 2025) is $31,030 with $1,246 in property tax.
How does 3251 Amherst Ave's assessment compare to its last sale price?
The current assessment is 50.0% below the last sale price of $62,000.
When was 3251 Amherst Ave built?
3251 Amherst Ave was built in 1941.
How does 3251 Amherst Ave compare to others on Amherst Ave?
We track 8 other properties on Amherst Ave. Browse the list under "Other properties on Amherst Ave" to compare beds, baths, and sale history.
What are the property facts for 3251 Amherst Ave?
3251 Amherst Ave is a 3 bed, 1 bath, 1,315 sqft, 6,970 sqft lot single_family.
Is 3251 Amherst Ave a flip candidate?
No — 3251 Amherst Ave does not appear in our flips dataset.
Is 3251 Amherst Ave a tax-appeal candidate?
No — 3251 Amherst Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.3%
Implied 1-yr
-13.1%
2026 Q3
$123.3K
2026 Q4
$118.2K
ZIP 44052 — Median Price History + Forecast

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