Movoto Real Estate
Sold on 08/17/2026
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  • Kitchen
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  • Bedroom
  • Bath
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124 Cornell Ave, Elyria, OH 44035

$85,000

Last sold 08/17/2026 after 20 Days

  • 4

    bed

  • 2

    bath

  • 2,124

    Sqft ($40/Sqft)

House not for sale

About 124 Cornell Ave

Property type House
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 6,534 Sqft
Parking 2 garage spaces
Property description
Attention investors, rehabbers, & handy owner-occupants! Here's an outstanding opportunity to purchase a 4-bedroom, 1.5-bath colonial in a prime location with tremendous upside potential. Whether you're looking for your next renovation project, a long-term rental, or a home to build sweat equity, this estate sale offers exceptional value. Owned by the same family for many years, this vinyl-sided home features updated vinyl windows, a convenient garage, and a spacious 4 bedroom floor plan ready for your vision. Desirable four-bedroom layout provides strong after-repair value & excellent rental potential, making it an attractive addition to any investment portfolio. Property is being sold AS IS, the seller will make no repairs. Basement has water intrusion and will require repair. The roof appears to be newer and serviceable overall but is missing shingles in one area, as shown in the photos. Buyers are encouraged to perform their own inspections and due diligence. With solid bones, a highly desirable location, and significant upside, this property presents an excellent opportunity for cash or hard money buyers seeking their next profitable project. Owner-occupants using renovation financing or willing to invest sweat equity should also take a close look. Easy to show, vacant, and ready for a quick transfer. Opportunities with this much potential and a strong ARV don't come along often. Schedule your showing today and bring your vision!
Listed by
Listing Agent - Christopher A Frederick
Listing Agent Contact: Thefrederickteam@gmail.com, 216-210-7653
Listing Office - Coldwell Banker Schmidt Realty
Source: MLS Now mls logo
MLS#5230304 • last updated 3 weeks ago
Movoto checked MLS Now for data 21 minutes ago
Overview
Cooling/AC None
Levels/Style Two, Colonial
MLS # 5230304
SqFt 2124
Status Closed
Lot Size (Acres) 0.15
Property Tax 1306
Interior
Total # of Bathrooms 2
# Full Baths 1
# Half Baths 1
# Bedrooms 4
Laundry In Basement
Exterior
Construction Vinyl Siding
Patio/ Porch Porch
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision Eastern Heights Land Co Sub #
Elem School District Elyria CSD - 4706
Middle School District Elyria CSD - 4706
High School District Elyria CSD - 4706
We are not permitted to show value estimates for this property.
  • Aug 2026
    mls logo MLS # 5230304
  • Aug 17, 2026 Sold
    $85,000 (-14.9%)
  • Aug 4, 2026 Active
  • Jul 28, 2026 Listed
    $99,900
  • Year Property taxes Tax assessment
  • 2024
    $1,306 -23.0%
    $48,542 +20.42%
  • 2023
    $1,697 -1.0%
    $40,310
  • 2022
    $1,714 -0.2%
    $40,310
  • 2021
    $1,718 +9.1%
    $40,310 +16.87%
  • 2020
    $1,575 +0.6%
    $34,490
  • 2019
    $1,565 -0.2%
    $34,490
  • 2018
    $1,568 +0.8%
    $34,490 +3.82%
  • 2017
    $1,555 +1.3%
    $33,220
  • 2015
    $1,535
    $33,220
  • 124 Cornell Ave
    $85K
  • Eastern Heights Land Co Sub #
    $179K
  • 44035
    $289K +20% y/y
  • Elyria
    $281K +17% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
120 Cornell Ave, Elyria, OH 44035 $194,000 3/1 1,395 0.01
128 Cornell Ave, Elyria, OH 44035 $137,000 3/1 1,478 0.01
116 Cornell Ave, Elyria, OH 44035 $182,000 3/1 1,625 0.02
132 Cornell Ave, Elyria, OH 44035 $194,000 4/2 1,497 0.02
112 Cornell Ave, Elyria, OH 44035 $190,000 3/1 1,348 0.03
136 Cornell Ave, Elyria, OH 44035 $163,000 3/1 1,505 0.03
123 Cornell Ave, Elyria, OH 44035 $177,000 3/2 1,152 0.03
127 Cornell Ave, Elyria, OH 44035 $174,000 3/1 1,358 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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N/A
3/10
3/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Eastern Heights Land Co Sub #

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  • Real Estate
  • OH
  • Lorain County
  • Elyria
  • 44035
  • 124 Cornell Ave
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