1521 New Mexico Ave
Lorain, OH 44052
3 bd 1 ba 1,225 sqft Built 1900 Lot 4,792 sqft single_family
Most recent sale
$40,000
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 19, 2022 | Sold | $40,000 | MLS #4363356 |
| Apr 11, 2022 | Listed | $49,900 | MLS #4363356 |
| Oct 27, 2010 | Sold | $18,500 | MLS #3135850 |
| May 19, 2010 | Listed | $24,900 | MLS #3135850 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $24,490 | $3,200 | $27,690 | $1,058 |
| 2023 | $8,222 | $2,667 | $10,889 | $575 |
| 2022 | $8,222 | $2,667 | $10,889 | $570 |
| 2021 | $8,222 | $2,667 | $10,889 | $570 |
| 2020 | $6,818 | $2,212 | $9,030 | $544 |
| 2019 | $6,818 | $2,212 | $9,030 | $541 |
| 2018 | $6,818 | $2,212 | $9,030 | $541 |
| 2017 | $7,749 | $2,419 | $10,168 | $647 |
| 2016 | $7,749 | $2,419 | $10,168 | $625 |
| 2015 | $7,749 | $2,419 | $10,168 | $590 |
| 2014 | $7,382 | $2,303 | $9,685 | $560 |
| 2013 | $7,382 | $2,303 | $9,685 | $556 |
| 2012 | $7,382 | $2,303 | $9,685 | $538 |
| 2011 | $3,045 | $3,255 | $6,300 | $286 |
| 2010 | $3,045 | $3,255 | $6,300 | $285 |
| 2009 | $3,045 | $3,255 | $6,300 | $996 |
| 2008 | $21,530 | $3,640 | $25,170 | $1,035 |
| 2007 | $21,530 | $3,640 | $25,170 | $1,031 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,225 sqft
Lot size
4,792 sqft
ZIP code
44052
City
Lorain
Street
New Mexico Ave
Coordinates
41.46748, -82.13956
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1521 New Mexico Ave last sell?
1521 New Mexico Ave most recently sold on May 19, 2022 for $40,000.
What is the current tax assessment for 1521 New Mexico Ave?
The most recent total assessment for 1521 New Mexico Ave (year 2025) is $27,690 with $1,058 in property tax.
How does 1521 New Mexico Ave's assessment compare to its last sale price?
The current assessment is 30.8% below the last sale price of $40,000.
When was 1521 New Mexico Ave built?
1521 New Mexico Ave was built in 1900.
How does 1521 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 1521 New Mexico Ave?
1521 New Mexico Ave is a 3 bed, 1 bath, 1,225 sqft, 4,792 sqft lot single_family.
Is 1521 New Mexico Ave a flip candidate?
No — 1521 New Mexico Ave does not appear in our flips dataset.
Is 1521 New Mexico Ave a tax-appeal candidate?
No — 1521 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