1308 New Mexico Ave
Lorain, OH 44052
3 bd 1 ba 945 sqft Built 1962 Lot 6,098 sqft single_family
Most recent sale
$142,000
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2022 | Sold | $142,000 | MLS #4397118 |
| Aug 3, 2022 | Listed | $129,000 | MLS #4397118 |
| Sep 20, 2013 | Sold | $69,000 | Public Record |
| May 26, 2000 | Sold | $48,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $42,160 | $4,100 | $46,260 | $1,769 |
| 2023 | $25,228 | $4,750 | $29,978 | $1,544 |
| 2022 | $25,228 | $4,750 | $29,978 | $1,570 |
| 2021 | $25,228 | $4,750 | $29,978 | $1,570 |
| 2020 | $20,920 | $3,938 | $24,858 | $1,916 |
| 2019 | $20,920 | $3,938 | $24,858 | $1,491 |
| 2018 | $20,920 | $3,938 | $24,858 | $1,491 |
| 2017 | $17,444 | $4,431 | $21,875 | $1,392 |
| 2016 | $17,444 | $4,431 | $21,875 | $1,381 |
| 2015 | $17,444 | $4,431 | $21,875 | $1,304 |
| 2014 | $16,615 | $4,221 | $20,836 | $1,240 |
| 2013 | $16,615 | $4,221 | $20,836 | $1,197 |
| 2012 | $16,615 | $4,221 | $20,836 | $1,158 |
| 2011 | $22,295 | $4,165 | $26,460 | $1,201 |
| 2010 | $22,295 | $4,165 | $26,460 | $1,196 |
| 2009 | $22,295 | $4,165 | $26,460 | $1,177 |
| 2008 | $25,060 | $4,690 | $29,750 | $1,224 |
| 2007 | $25,060 | $4,690 | $29,750 | $1,219 |
Property facts
Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
945 sqft
Lot size
6,098 sqft
ZIP code
44052
City
Lorain
Street
New Mexico Ave
Coordinates
41.47049, -82.14016
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,418
Gross rental yield
11.98%
Implied cap rate
7.79%
Trend-extrapolated value
—
Frequently asked questions
When did 1308 New Mexico Ave last sell?
1308 New Mexico Ave most recently sold on Sep 29, 2022 for $142,000.
What is the current tax assessment for 1308 New Mexico Ave?
The most recent total assessment for 1308 New Mexico Ave (year 2025) is $46,260 with $1,769 in property tax.
How does 1308 New Mexico Ave's assessment compare to its last sale price?
The current assessment is 67.4% below the last sale price of $142,000.
When was 1308 New Mexico Ave built?
1308 New Mexico Ave was built in 1962.
How does 1308 New Mexico Ave compare to others on New Mexico Ave?
We track 8 other properties on New Mexico Ave. Browse the list under "Other properties on New Mexico Ave" to compare beds, baths, and sale history.
What are the property facts for 1308 New Mexico Ave?
1308 New Mexico Ave is a 3 bed, 1 bath, 945 sqft, 6,098 sqft lot single_family.
Is 1308 New Mexico Ave a flip candidate?
No — 1308 New Mexico Ave does not appear in our flips dataset.
Is 1308 New Mexico Ave a tax-appeal candidate?
No — 1308 New Mexico 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
-3.3%
Implied 1-yr
-13.1%
2026 Q3
$123.3K
2026 Q4
$118.2K
ZIP 44052 — Median Price History + Forecast
Explore nearby
Geography
Other properties on New Mexico Ave