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3155 Toledo Ave, Lorain, OH, 44055

2beds
2baths
1,664sqft
$125,000
$75price/sqft
$1,072/moest. monthly cost
$42,880/yrincome needed

About This Home

Check out this cute as a button all brick ranch home! This well maintained home is a pleasure to view. As you walk up onto the covered front porch, perfect for sitting and relaxing, you enter into the living room. Off to the one side of the living room is a smaller bedroom. When you wander further inside you will find a second bedroom and a full bath further down the hall. Most of the main floor is hardwood or laminate flooring for easy maintenance. The rear of the home offers the kitchen and dining area and easy access to the extra large wood deck and back yard. Downstairs you will be pleasantly surprised by the additional 2 bedrooms and family room. The laundry area and a second full bath complete the lower level. Plenty of room for entertaining, guest rooms, playroom or what ever you need. The HVAC is somewhere around 8 years old, with C/A being only 5 yrs old. Although there is not a garage, there is plenty of room to add one, if desired!

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

3/10
3/10
Lorain High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1957

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bathroom

  • Level: Lower

Bathroom

  • Level: First

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: First

Bedrooms & Bathrooms

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

Eat In Kitchen

  • Level: First

Family Room

  • Level: Lower

Features

  • Ceiling Fan(s),Eat-in Kitchen
  • Finished area below ground: 832
  • Finished area above ground: 832

Heating & Cooling

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

Interior Area

  • Total structure area: 1,664
  • Total interior livable area: 1,664 sqft

Laundry

  • Level: Lower

Living Room

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 0300098118016

Features

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

Lot

  • Lot size: 4,791 sqft
  • Features: Back Yard,City Lot,Front Yard,Landscaped
  • Lot size dimensions: 40 x 120

Parking

  • Parking features: Driveway,No Garage,Off Street,Parking Pad

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
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Ice Storm
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 $632$7,584
Home Insurance *$105$1,260
Property Taxes $142$1,704
Electricity $193$2,320
Total$1,072$12,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,754/yr
40% on housing$32,160/yr
45% on housing$28,586/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

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 44055$70
Lorain County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 44055$100
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
2026-08-07Pending sale$125,000
2026-07-22Contingent$125,000
2026-07-17Price change$125,000
2026-06-01Listed for sale$139,900
1999-05-07Sold$66,000

For Sale by Agent

AgentLori A Elswick
BrokerageBerkshire Hathaway HomeServices Lucien Realty

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