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862 Lakeview Dr, Lorain, OH, 44052

2beds
2baths
1,542sqft
$235,000
$152price/sqft
$1,829/moest. monthly cost
$73,160/yrincome needed

About This Home

Welcome to this charming Cape Cod-style home in a prime location just across the street from Lakeview Park, the beach, and playground. Offering 1,542 square feet of comfortable living space, this well-maintained home features 2 bedrooms and 2 full bathrooms. Step inside to discover timeless character with beautiful hardwood trim, a cozy living room complete with a fireplace and stunning stained-glass accent window, and an open kitchen that flows seamlessly into the formal dining room—perfect for everyday living and entertaining. The spacious primary bedroom is conveniently located on the main floor and includes a private en-suite bath. A first-floor laundry room adds to the home's functionality. Upstairs, you'll find a generously sized second bedroom along with an additional full bathroom, offering excellent space for family or guests. The full basement provides ample storage or future finishing potential, and the north foundation wall has recently been professionally waterproofed for added peace of mind. The home also features a 2-car garage and large parking area for additional vehicles. Enjoy an exceptional location near Lakeview Park with easy access to the beach, walking paths, playground, and lakefront amenities. This home combines classic charm, practical updates, and an unbeatable setting.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

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

Construction

Condition

  • Year built: 1922

Materials

  • Foundation: Block
  • Roof: Asphalt,Fiberglass
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Main Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom

  • Level: Second
  • Dimensions: ND x ND

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Features: Natural Woodwork
  • Level: First
  • Dimensions: ND x ND

Features

  • Breakfast Bar,Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Kitchen Island,Open Floorplan,Natural Woodwork
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Other
  • Fireplace: Yes
  • Finished area above ground: 1,542

Heating & Cooling

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

Interior Area

  • Total structure area: 1,542
  • Total interior livable area: 1,542 sqft

Kitchen

  • Level: First
  • Dimensions: ND x ND

Laundry

  • Level: First
  • Dimensions: ND x ND

Living Room

  • Features: Fireplace,Natural Woodwork
  • Level: First
  • Dimensions: ND x ND

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Dimensions: ND x ND

Property

Details

  • Parcel number: 0202028103027

Features

  • Levels: One and One Half,Two
  • Stories: 2
  • Patio & porch: Front Porch
  • Exterior features: Basketball Court,Playground,Tennis Court(s)
  • Has view: Yes
  • Waterfront features: Lake Privileges

Lot

  • Lot size: 5,662 sqft
  • Features: Views

Parking

  • Total spaces: 4
  • Parking features: Driveway,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4
  • Carport 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

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $1,188$14,256
Home Insurance *$180$2,160
Property Taxes $268$3,216
Electricity $193$2,320
Total$1,829$21,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,708/yr
40% on housing$54,870/yr
45% on housing$48,773/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

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 44052$93
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)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$235,000
2026-07-09Listed for sale$235,000
2023-12-29Listing removed--
2023-12-08Listed for rent$1,400
2023-11-27Listing removed--
2023-10-02Listed for rent$1,450
2021-02-25Listing removed--
2020-10-21Listing removed$1,100
2020-10-10Listed for rent$1,100
2013-09-27Listing removed$33,000
2013-08-05Sold$34,100
2012-10-03Price change$33,000
2012-07-21Listed for sale$55,000
2011-10-26Listing removed$55,000
2011-10-04Listed for sale$55,000
2001-11-08Sold$112,000

For Sale by Agent

AgentDavid M Reddy
BrokerageKeller Williams Citywide

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