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1241 Reid Ave

Lorain, OH 44052

3 bd 1 ba 1,170 sqft Built 1900 Lot 3,485 sqft single_family
Most recent sale
$25,000
Mar 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 14, 2025 Listing removed $39,900 MLSNOW
Jun 2, 2023 Listing removed $69,900 MLSNOW
Dec 6, 2022 Listing removed $58,900 MLSNOW
Jun 2, 2022 Listed $69,900 MLS #4378505
Apr 19, 2022 Price changed $58,900 MLS #4310080
Aug 20, 2021 Listed $65,000 MLS #4310080
Mar 3, 2021 Listed $30,000 MLS #4208019
Mar 2, 2021 Sold $25,000 MLS #4208019
Sep 1, 2020 Price changed $30,000 MLS #4208019
Aug 7, 2020 Price changed $34,900 MLS #4208019
Jul 22, 2020 Listed $45,000 MLS #4208019
Oct 8, 2015 Listing removed $30,000 MLSNOW
Oct 13, 2014 Listed $30,000 MLS #3660432
Aug 29, 2014 Listing removed $39,900 MLSNOW
Aug 31, 2013 Listed $39,900 MLS #3440635
Aug 29, 2013 Listed $39,900 MLS #3440635
Jun 26, 2009 Sold $37,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $20,770 $1,400 $22,170 $890
2023 $15,001 $1,785 $16,786 $887
2022 $15,001 $1,785 $16,786 $879
2021 $15,001 $1,785 $16,786 $879
2020 $13,265 $1,579 $14,844 $895
2019 $13,265 $1,579 $14,844 $890
2018 $13,265 $1,579 $14,844 $890
2017 $9,188 $1,778 $10,966 $698
2016 $9,188 $1,778 $10,966 $692
2015 $9,188 $1,778 $10,966 $654
2014 $8,509 $1,645 $10,154 $604
2013 $8,509 $1,645 $10,154 $600
2012 $8,509 $1,645 $10,154 $580
2011 $10,360 $1,960 $12,320 $575
2010 $10,360 $1,960 $12,320 $572
2009 $10,360 $1,960 $12,320 $563
2008 $12,320 $2,350 $14,670 $603
2007 $12,320 $2,350 $14,670 $601

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,170 sqft
Lot size
3,485 sqft
ZIP code
44052
City
Lorain
Street
Reid Ave
Coordinates
41.45918, -82.17165

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1241 Reid Ave last sell?
1241 Reid Ave most recently sold on Mar 2, 2021 for $25,000.
What is the current tax assessment for 1241 Reid Ave?
The most recent total assessment for 1241 Reid Ave (year 2025) is $22,170 with $890 in property tax.
How does 1241 Reid Ave's assessment compare to its last sale price?
The current assessment is 11.3% below the last sale price of $25,000.
When was 1241 Reid Ave built?
1241 Reid Ave was built in 1900.
How does 1241 Reid Ave compare to others on Reid Ave?
We track 8 other properties on Reid Ave. Browse the list under "Other properties on Reid Ave" to compare beds, baths, and sale history.
What are the property facts for 1241 Reid Ave?
1241 Reid Ave is a 3 bed, 1 bath, 1,170 sqft, 3,485 sqft lot single_family.
Is 1241 Reid Ave a flip candidate?
No — 1241 Reid Ave does not appear in our flips dataset.
Is 1241 Reid Ave a tax-appeal candidate?
No — 1241 Reid 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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