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4872 Leavitt Rd, Lorain, OH, 44053

5beds
3baths
1,837sqft
$500,000
$272price/sqft
$3,538/moest. monthly cost
$141,520/yrincome needed

About This Home

There is possible land development in the area that may increase the value of this property. This 5 bedroom 3 bath home is zoned agricultural but could be rezoned commercial. It has a 100 ft. frontage and is right next to commercial property. The property also features a large out building, that could be rented out or used as storage. It could make a great Air B and B or rent by the room.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

8/10
7/10
7/10

Construction

Condition

  • Year built: 1948

Materials

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

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

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

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 1,837

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,837
  • Total interior livable area: 1,837 sqft

Property

Details

  • Parcel number: 0202003101027

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 0.85 Acres
  • Features: Irregular Lot
  • Lot size dimensions: 100 x 463

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Ice Storm
Lightning
Strong Wind
Tornado
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 $2,528$30,336
Home Insurance *$243$2,916
Property Taxes $570$6,840
Electricity $197$2,364
Total$3,538$42,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,302/yr
40% on housing$106,140/yr
45% on housing$94,346/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

$272This listing

vs Other Active Listings

Avg $/sqft

ZIP 44053$117
Lorain County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 44053$143
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)

No zestimate history available

Price History

DateEventPrice
2024-09-09Price change$500,000
2024-05-21Listed for sale$425,000
2024-05-18Listing removed--
2023-11-17Listed for sale$425,000
1990-10-24Sold$41,500

For Sale by Agent

AgentWilliam Schram
BrokerageCENTURY 21 DePiero & Associates, Inc.

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