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$406,000

NAL Estimated Property Value

922 Marlys Ave, Lorain, OH, 44052

Recently SoldInfo
8/24/26
Beds3 Beds
Baths2 Bath
Baths3,946 Sq Ft
price_per_sqft$113.79 / sqft
Year BuiltBuilt in 1923

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Free Standing Range, Disposal, Microwave, Stainless Steel Appliances
FlooringTile

Exterior

Exterior FeaturesNone
Lot Size21,780 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN47-0716-0476-00
Lot Number476
SubdivisionRocky Creek Ranch Phase 14
Land UseResidential
Legal DescriptionROCKY CREEK RANCH PHASE 14, LOT 476
Census Tract310603
Assessed Land Value$62,440
Assessed Improvement Value$380,228
Assessment Year2025

About this property

WOW! If you've been dreaming of owning a classic lakefront home with breathtaking views and timeless character, this is the one you've been waiting for! From the moment you walk through the beveled glass French doors, you'll fall in love with the warmth and charm of this beautifully updated 3-bedroom ranch. Elegant coastal décor, rich hardwood floors, crystal doorknobs, and stunning gum-wood accents create the perfect blend of lakeside nostalgia and modern comfort. Wake up each morning to breathtaking water views right from the comfort of your bedroom. The fully renovated kitchen ($41k upgrade) features quartz countertops, soft-close cabinetry, and finishes that make this home completely move-in ready. Cozy up beside the gas fireplace or retreat to the charming corner room—perfect as a home office, reading nook, or guest space—where wraparound lake views steal the show. Step outside and prepare to be amazed. The expansive two-level deck offers front-row seats to spectacular sunrises and unforgettable sunsets reflecting across the water. Whether you're entertaining friends, enjoying your morning coffee, or simply soaking in the peaceful waterfront setting, every day feels like a vacation. Additional updates include newer shaker-style vinyl siding, a brand-new roof (2026), new boiler hot steam heat (2025), two mini-split systems providing efficient heating and air conditioning, and a waterproofed basement for added peace of mind. New Electrical panel ($4k upgrade) Homes like this rarely become available. Classic lake charm, modern updates, incredible waterfront views, and memories waiting to be made—this is more than a home, it's a lifestyle. Stop scrolling and schedule a private tour​​‌​​​​‌​‌​​​‌​‌​​‌‌‌​​‌ today!!

Investor Tools

Property Icon
$406,000
Estimated Property Value
$272,938Estimated Mortgage Balance
$133,062Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
$89/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,133
$403,974
2025
$62,440
$380,228
$442,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,133
$403,974

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$254,610
No
First
Apr 2, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,938
$131,062
32%
67%
$1,827/mo

City: Lorain

922 Marlys Ave | Property Details | No Agent List