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1525 New Mexico Ave

Lorain, OH 44052

3 bd 2 ba 987 sqft Built 1954 Lot 5,200 sqft single_family
Most recent sale
$109,900
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $109,900 Public Record
Jun 6, 2022 Price changed $109,900 MLS #4376148
May 24, 2022 Listed $119,900 MLS #4376148

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $29,930 $3,200 $33,130 $1,266
2023 $20,822 $3,808 $24,630 $1,268
2022 $20,822 $3,808 $24,630 $1,257
2021 $20,822 $3,808 $24,630 $1,257
2020 $17,266 $3,157 $20,423 $1,201
2019 $17,266 $3,157 $20,423 $1,194
2018 $17,266 $3,157 $20,423 $1,194
2017 $16,902 $3,455 $20,357 $1,262
2016 $16,902 $3,455 $20,357 $1,252
2015 $16,902 $3,455 $20,357 $1,181
2014 $16,097 $3,290 $19,387 $1,122
2013 $16,097 $3,290 $19,387 $1,114
2012 $16,097 $3,290 $19,387 $1,078
2011 $22,295 $3,255 $25,550 $1,160
2010 $22,295 $3,255 $25,550 $1,154
2009 $22,295 $3,255 $25,550 $1,137
2008 $25,060 $3,640 $28,700 $1,181
2007 $25,060 $3,640 $28,700 $1,176

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
987 sqft
Lot size
5,200 sqft
ZIP code
44052
City
Lorain
Street
New Mexico Ave
Coordinates
41.46737, -82.13957

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$659
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1525 New Mexico Ave last sell?
1525 New Mexico Ave most recently sold on Jul 29, 2022 for $109,900.
What is the current tax assessment for 1525 New Mexico Ave?
The most recent total assessment for 1525 New Mexico Ave (year 2025) is $33,130 with $1,266 in property tax.
How does 1525 New Mexico Ave's assessment compare to its last sale price?
The current assessment is 69.9% below the last sale price of $109,900.
When was 1525 New Mexico Ave built?
1525 New Mexico Ave was built in 1954.
How does 1525 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 1525 New Mexico Ave?
1525 New Mexico Ave is a 3 bed, 2 bath, 987 sqft, 5,200 sqft lot single_family.
Is 1525 New Mexico Ave a flip candidate?
No — 1525 New Mexico Ave does not appear in our flips dataset.
Is 1525 New Mexico Ave a tax-appeal candidate?
No — 1525 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 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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