3116 Elyria Ave
Lorain, OH 44055
5 bd 2 ba 2,880 sqft Built 1900 Lot 7,405 sqft multi_family
Most recent sale
$80,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2025 | Listing removed | $950 | MLSNOW |
| Apr 24, 2024 | Listing removed | $950 | MLSNOW |
| Apr 4, 2024 | Listed for rent | $950 | MLSNOW |
| Sep 28, 2022 | Listing removed | $800 | MLSNOW |
| Aug 3, 2022 | Listed for rent | $800 | MLSNOW |
| May 31, 2022 | Sold | $80,000 | MLS #4363372 |
| Apr 21, 2022 | Relisted | $84,900 | MLS #4363372 |
| Apr 11, 2022 | Listed | $90,000 | MLS #4363372 |
| Nov 3, 2019 | Listing removed | $32,500 | MLSNOW |
| Jul 10, 2019 | Price changed | $27,500 | MLS #4105393 |
| Jun 12, 2019 | Listed | $32,500 | MLS #4105393 |
| May 31, 2019 | Listing removed | $37,500 | MLSNOW |
| Apr 1, 2019 | Price changed | $37,500 | MLS #4064721 |
| Feb 27, 2019 | Price changed | $42,500 | MLS #4064721 |
| Jan 23, 2019 | Listed | $49,900 | MLS #4064721 |
| Aug 24, 1995 | Sold | $40,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $32,350 | $2,800 | $35,150 | $1,411 |
| 2023 | $14,595 | $1,330 | $15,925 | $841 |
| 2022 | $14,595 | $1,330 | $15,925 | $834 |
| 2021 | $14,595 | $1,330 | $15,925 | $834 |
| 2020 | $12,905 | $1,176 | $14,081 | $849 |
| 2019 | $12,905 | $1,176 | $14,081 | $833 |
| 2018 | $12,905 | $1,176 | $14,081 | $833 |
| 2017 | $9,716 | $1,323 | $11,039 | $693 |
| 2016 | $9,716 | $1,323 | $11,039 | $688 |
| 2015 | $9,716 | $1,323 | $11,039 | $649 |
| 2014 | $8,995 | $1,225 | $10,220 | $600 |
| 2013 | $8,995 | $1,225 | $10,220 | $595 |
| 2012 | $8,995 | $1,225 | $10,220 | $576 |
| 2011 | $11,690 | $1,295 | $12,985 | $597 |
| 2010 | $11,690 | $1,295 | $12,985 | $595 |
| 2009 | $11,690 | $1,295 | $12,985 | $585 |
| 2008 | $13,930 | $1,540 | $15,470 | $636 |
| 2007 | $13,930 | $1,540 | $15,470 | $634 |
Property facts
Year built
1900
Property type
multi_family
Stories
2
Beds
5
Baths
2
Living area
2,880 sqft
Lot size
7,405 sqft
ZIP code
44055
City
Lorain
Street
Elyria Ave
Coordinates
41.44239, -82.16177
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3116 Elyria Ave last sell?
3116 Elyria Ave most recently sold on May 31, 2022 for $80,000.
What is the current tax assessment for 3116 Elyria Ave?
The most recent total assessment for 3116 Elyria Ave (year 2025) is $35,150 with $1,411 in property tax.
How does 3116 Elyria Ave's assessment compare to its last sale price?
The current assessment is 56.1% below the last sale price of $80,000.
When was 3116 Elyria Ave built?
3116 Elyria Ave was built in 1900.
How does 3116 Elyria Ave compare to others on Elyria Ave?
We track 8 other properties on Elyria Ave. Browse the list under "Other properties on Elyria Ave" to compare beds, baths, and sale history.
What are the property facts for 3116 Elyria Ave?
3116 Elyria Ave is a 5 bed, 2 bath, 2,880 sqft, 7,405 sqft lot multi_family.
Is 3116 Elyria Ave a flip candidate?
No — 3116 Elyria Ave does not appear in our flips dataset.
Is 3116 Elyria Ave a tax-appeal candidate?
No — 3116 Elyria Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.4%
Implied 1-yr
+21.4%
2026 Q3
$175.4K
2026 Q4
$182.4K
ZIP 44055 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elyria Ave