1300 ShafferLorain, OH 44053

  • Residential income properties
  • 2,805 SF
Off market
$133,107 Estimated

Property Details for 1300 Shaffer

Year built
1976
Lot size
0.69 AC
Property size (Sq ft)
2,805 SF
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
02-02-005-108-048
APU
202005108048

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $625,728
    6.5%
    $577,595
    7%
    $536,338
  • Comparable approach

    Method
    Valuation
    Relative Method
    $406,689
    Geo Method
    $406,689
  • Alternative Use

    Use
    Valuation
    Residential
    $577,595
    Hospitality
    $529,074
    Educational
    $440,183
    Medical
    $455,322
    Retail
    $684,730
1300 Shaffer, Lorain, Ohio

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4209
Longitude
-82.1878
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $88,820
  • Assessed land value
    $21,186
  • Assessed value
    $110,006
  • Tax year
    2023
  • Tax bill
    $8,644

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