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387 Lorain St

Oberlin, OH 44074

3 bd 2 ba 1,264 sqft Built 1977 Lot 51,836 sqft single_family
Most recent sale
$67,000
Jun 2, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2024 Sold $260,000 MLSNOW
Jun 2, 2023 Sold $67,000 MLSNOW
Oct 17, 2009 Sold $107,000 MLSNOW
Dec 6, 2001 Sold $107,000 Public Record
Sep 3, 2001 Listed $109,900 MLSNOW

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $31,590 $14,590 $46,180 $2,214
2023 $36,355 $14,189 $50,544 $2,854
2022 $36,355 $14,189 $50,544 $2,780
2021 $36,355 $14,189 $50,544 $2,773
2020 $30,783 $12,016 $42,799 $2,499
2019 $30,783 $12,016 $42,799 $2,467
2018 $30,783 $12,016 $42,799 $2,485
2017 $29,985 $13,437 $43,422 $2,448
2016 $29,985 $13,437 $43,422 $2,473
2015 $29,985 $13,437 $43,422 $2,475
2014 $28,287 $12,677 $40,964 $2,395
2013 $28,287 $12,677 $40,964 $2,355
2012 $28,287 $12,677 $40,964 $2,308
2011 $32,900 $14,490 $47,390 $2,501
2010 $32,900 $14,490 $47,390 $2,287
2009 $32,900 $14,490 $47,390 $2,259
2008 $34,270 $15,090 $49,360 $2,251
2007 $34,270 $15,090 $49,360 $2,443

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,264 sqft
Lot size
51,836 sqft
ZIP code
44074
City
Oberlin
Street
Lorain St
Coordinates
41.29395, -82.23182

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
$402
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 387 Lorain St last sell?
387 Lorain St most recently sold on Jun 2, 2023 for $67,000.
What is the current tax assessment for 387 Lorain St?
The most recent total assessment for 387 Lorain St (year 2025) is $46,180 with $2,214 in property tax.
How does 387 Lorain St's assessment compare to its last sale price?
The current assessment is 31.1% below the last sale price of $67,000.
When was 387 Lorain St built?
387 Lorain St was built in 1977.
How does 387 Lorain St compare to others on Lorain St?
We track 8 other properties on Lorain St. Browse the list under "Other properties on Lorain St" to compare beds, baths, and sale history.
What are the property facts for 387 Lorain St?
387 Lorain St is a 3 bed, 2 bath, 1,264 sqft, 51,836 sqft lot single_family.
Is 387 Lorain St a flip candidate?
Yes — 387 Lorain St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 387 Lorain St a tax-appeal candidate?
No — 387 Lorain St 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
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$224.6K
2026 Q4
$230.5K
ZIP 44074 — Median Price History + Forecast

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