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501 W 21st St, Lorain, OH, 44052

5beds
3baths
2,297sqft
$195,000
$85price/sqft
$1,604/moest. monthly cost
$64,160/yrincome needed

About This Home

Spacious and fully renovated, this 5-bedroom, 3-bath home offers exceptional comfort and versatility. The main level features a bedroom, full bath, and laundry room, providing convenient one-level living or a perfect guest suite option. Plus, a spacious sunroom and flex/bonus room to tailor to your needs. Ideal for large families, multi-generational living, or investors seeking a turn-key opportunity. Schedule your showing today!

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

5/10
3/10
Lorain High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1900

Materials

  • Roof: Asphalt,Slate
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Concrete

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area above ground: 2,297

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 2,297
  • Total interior livable area: 2,297 sqft

Property

Details

  • Parcel number: 0201003166007
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Patio & porch: Front Porch

Lot

  • Lot size: 7,405 sqft

Parking

  • Parking features: Alley Access,Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $986$11,832
Home Insurance *$150$1,800
Property Taxes $222$2,664
Electricity $246$2,956
Total$1,604$19,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,994/yr
40% on housing$48,120/yr
45% on housing$42,773/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$85This listing

vs Other Active Listings

Avg $/sqft

ZIP 44052$94
Lorain County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 44052$115
Lorain County$161

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$195,000
2026-03-05Sold$90,000
2026-02-22Pending sale$115,000
2026-02-18Listed for sale$115,000
2025-10-08Sold$74,900
2025-08-27Pending sale$74,900
2025-08-22Price change$74,900
2025-08-06Pending sale$79,900
2025-07-30Price change$79,900
2025-07-16Price change$89,900
2025-07-10Listed for sale$99,900
2025-06-23Sold$60,000
2021-06-07Sold$83,500
2017-02-14Sold$22,250
2017-02-02Pending sale$23,000
2016-12-21Price change$23,000
2016-11-08Listed for sale--
2016-10-27Sold$30,000
2011-08-15Listing removed$79,900
2010-08-19Listed for sale$79,900
1998-07-22Sold$65,500

For Sale by Agent

AgentShyanna Pagan
BrokerageRussell Real Estate Services

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