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1974 Nichols Ave

Lorain, OH 44053

2 bd 1 ba 1,000 sqft Built 1945 Lot 3,920 sqft single_family
Most recent sale
$100,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2022 Sold $100,000 MLS #4353658
Mar 10, 2022 Listed $99,000 MLS #4353658
Nov 10, 2020 Sold $77,500 Public Record
Oct 16, 2001 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $19,720 $7,170 $26,890 $1,080
2023 $14,819 $5,110 $19,929 $1,052
2022 $14,819 $5,110 $19,929 $1,043
2021 $14,819 $5,110 $19,929 $1,044
2020 $14,032 $4,841 $18,873 $1,137
2019 $14,032 $4,841 $18,873 $1,131
2018 $14,032 $4,841 $18,873 $1,132
2017 $14,434 $4,116 $18,550 $1,180
2016 $14,434 $4,116 $18,550 $1,171
2015 $14,434 $4,116 $18,550 $1,106
2014 $14,434 $4,116 $18,550 $1,104
2013 $14,434 $4,116 $18,550 $1,095
2012 $14,434 $4,116 $18,550 $1,060
2011 $16,170 $4,305 $20,475 $955
2010 $16,170 $4,305 $20,475 $951
2009 $16,170 $4,305 $20,475 $936
2008 $18,170 $4,830 $23,000 $973
2007 $18,170 $4,830 $23,000 $969

Property facts

Year built
1945
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,000 sqft
Lot size
3,920 sqft
ZIP code
44053
City
Lorain
Street
Nichols Ave
Coordinates
41.45233, -82.20539

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1974 Nichols Ave last sell?
1974 Nichols Ave most recently sold on Apr 19, 2022 for $100,000.
What is the current tax assessment for 1974 Nichols Ave?
The most recent total assessment for 1974 Nichols Ave (year 2025) is $26,890 with $1,080 in property tax.
How does 1974 Nichols Ave's assessment compare to its last sale price?
The current assessment is 73.1% below the last sale price of $100,000.
When was 1974 Nichols Ave built?
1974 Nichols Ave was built in 1945.
How does 1974 Nichols Ave compare to others on Nichols Ave?
We track 8 other properties on Nichols Ave. Browse the list under "Other properties on Nichols Ave" to compare beds, baths, and sale history.
What are the property facts for 1974 Nichols Ave?
1974 Nichols Ave is a 2 bed, 1 bath, 1,000 sqft, 3,920 sqft lot single_family.
Is 1974 Nichols Ave a flip candidate?
Yes — 1974 Nichols Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1974 Nichols Ave a tax-appeal candidate?
No — 1974 Nichols 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
+1.6%
Implied 1-yr
+6.2%
2026 Q2
$237.5K
2026 Q3
$240.9K
ZIP 44053 — Median Price History + Forecast

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