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1220 Tower Blvd

Lorain, OH 44053

3 bd 2 ba 1,588 sqft Built 1965 Lot 12,632 sqft single_family
Most recent sale
$176,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $176,000 Public Record
Sep 27, 2022 Sold $176,000 MLS #4402869
Aug 23, 2022 Listed $175,000 MLS #4402869
Feb 4, 2016 Sold $44,000 MLS #3740915
Jan 5, 2016 Price changed $49,900 MLS #3740915
Dec 11, 2015 Price changed $59,900 MLS #3740915
Nov 20, 2015 Relisted $69,900 MLS #3740915
Oct 12, 2015 Listing removed $69,900 MLSNOW
Sep 11, 2015 Price changed $69,900 MLS #3740915
Aug 21, 2015 Listed $78,000 MLS #3740915
Jan 15, 1991 Sold $88,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $49,480 $11,270 $60,750 $2,323
2023 $29,834 $10,045 $39,879 $2,053
2022 $29,834 $10,045 $39,879 $2,088
2021 $29,834 $10,045 $39,879 $2,089
2020 $24,098 $8,113 $32,211 $1,942
2019 $24,098 $8,113 $32,211 $1,932
2018 $24,098 $8,113 $32,211 $1,932
2017 $20,759 $8,026 $28,785 $1,832
2016 $20,759 $8,026 $28,785 $1,818
2015 $20,759 $8,026 $28,785 $1,163
2014 $22,299 $8,621 $30,920 $1,283
2013 $22,299 $8,621 $30,920 $1,273
2012 $22,299 $8,621 $30,920 $1,232
2011 $27,125 $14,000 $41,125 $1,469
2010 $27,125 $14,000 $41,125 $1,463
2009 $27,125 $14,000 $41,125 $1,440
2008 $29,160 $15,050 $44,210 $1,459
2007 $29,160 $15,050 $44,210 $1,453

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,588 sqft
Lot size
12,632 sqft
ZIP code
44053
City
Lorain
Street
Tower Blvd
Coordinates
41.43366, -82.18756

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,056
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1220 Tower Blvd last sell?
1220 Tower Blvd most recently sold on Sep 28, 2022 for $176,000.
What is the current tax assessment for 1220 Tower Blvd?
The most recent total assessment for 1220 Tower Blvd (year 2025) is $60,750 with $2,323 in property tax.
How does 1220 Tower Blvd's assessment compare to its last sale price?
The current assessment is 65.5% below the last sale price of $176,000.
When was 1220 Tower Blvd built?
1220 Tower Blvd was built in 1965.
How does 1220 Tower Blvd compare to others on Tower Blvd?
We track 8 other properties on Tower Blvd. Browse the list under "Other properties on Tower Blvd" to compare beds, baths, and sale history.
What are the property facts for 1220 Tower Blvd?
1220 Tower Blvd is a 3 bed, 2 bath, 1,588 sqft, 12,632 sqft lot single_family.
Is 1220 Tower Blvd a flip candidate?
No — 1220 Tower Blvd does not appear in our flips dataset.
Is 1220 Tower Blvd a tax-appeal candidate?
No — 1220 Tower Blvd 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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