Historic 1900 Ohio Home on 2.48 Acres Listed for $74,900

A historic property in Elyria, Ohio, is currently listed for $74,900 and offers a combination of residential space, acreage, and renovation potential.

Located at 614 Oberlin Elyria Rd in Elyria, Ohio, the property includes a single-family home built in 1900, approximately 2.48 acres of land, three bedrooms, one full bathroom, a full basement, a large porch, and hardwood flooring throughout much of the home.

The listing describes the property as a fixer and states that it is being sold in its current condition as part of an estate sale. It is also presented as a possible renovation project or potential tear-down opportunity, depending on the buyer’s plans and applicable requirements.

With more than two acres of land and more than 2,300 square feet of total structure area, this property offers several elements that may attract buyers interested in older homes, larger parcels, and renovation projects.

Property Overview

The property is located at 614 Oberlin Elyria Rd, Elyria, Ohio 44035.

According to the listing information, the home contains three bedrooms and one full bathroom.

The property was built in 1900 and has approximately 2,328 square feet of total structure area.

The lot measures approximately 2.48 acres and consists of two parcels according to the listing.

The asking price is $74,900, with a listed price of approximately $32 per square foot based on the reported total structure area.

There is no homeowners association associated with the property.

A Home Dating to 1900

One of the defining characteristics of this property is its age.

The house was built in 1900, making it more than a century old.

Older homes can offer architectural details and layouts that are different from modern construction. They may also contain materials and craftsmanship that appeal to buyers who appreciate historic residential properties.

At the same time, a house of this age requires careful evaluation.

The listing identifies the property as a fixer, so prospective buyers should not assume that the home is ready for immediate occupancy.

A professional inspection can help identify the condition of the foundation, roof, electrical system, plumbing, heating, windows, floors, basement, and other major components.

Three Spacious Bedrooms

The home features three bedrooms.

According to the listing, all three bedrooms are located on the main level.

This layout can be convenient for buyers who prefer to have the primary sleeping areas on one floor.

The listing also describes the bedrooms as spacious, although prospective buyers should verify the exact dimensions and condition of each room during a property visit.

Three bedrooms can provide flexibility for a household, guest accommodations, home office space, or other personal uses.

The final use of each room will depend on the buyer’s needs and any applicable building requirements.

One Full Bathroom

The property has one full bathroom, located on the main level.

For a three-bedroom house, a single bathroom may be sufficient for some households but may be an important consideration for others.

Because this is a renovation property, buyers may want to evaluate whether the existing bathroom requires repairs or updating.

Anyone considering adding another bathroom should first determine whether the home’s plumbing, layout, septic system, and local regulations allow such changes.

A contractor or qualified professional can provide more accurate information about potential modifications.

Approximately 2,328 Square Feet

The listing reports approximately 2,328 square feet of total structure area.

Of that amount, approximately 1,176 square feet is identified as finished area above ground, while another approximately 1,152 square feet is listed as finished area below ground.

The full basement therefore represents a significant portion of the property’s total reported structure area.

The distinction between above-ground living space and basement area is important when evaluating the property’s size.

Buyers should use the listing’s measurements as a starting point and verify the actual usable and finished areas during due diligence.

A Full Basement

The property includes a full basement.

A basement can provide substantial additional space for storage, mechanical equipment, workshops, laundry, or other uses.

In an older home, however, the basement deserves particular attention.

Buyers should inspect the foundation, walls, floors, drainage, plumbing, electrical components, and signs of moisture.

Water intrusion can be an important concern in older properties, particularly when a buyer is planning a major renovation.

A professional inspection can provide more information about the basement’s current condition and potential future uses.

Large Porch

Another notable feature is the property’s large porch.

A spacious porch can provide additional outdoor living space and can complement the character of an older home.

For a property built in 1900, the porch may also contribute significantly to the home’s overall appearance.

Before making renovation plans, buyers should inspect the porch structure, flooring, railings, supports, roof covering, and connections to the main house.

Any necessary repairs should be incorporated into the overall project budget.

Hardwood Floors

The listing states that the home has hardwood floors throughout.

Hardwood flooring is a feature often associated with older homes and can contribute to their traditional character.

The condition of the flooring should be evaluated carefully.

Some older hardwood floors can potentially be restored, while others may require repairs or replacement depending on their condition.

A buyer should determine whether the floors are structurally sound and whether any areas have experienced moisture damage or other deterioration.

A 2.48-Acre Property

One of the most significant aspects of this listing is the amount of land.

The property includes approximately 2.48 acres.

That is considerably more land than is typically associated with a small residential lot.

The listing describes the lot as deep and wooded, providing outdoor space and a natural setting around the home.

The acreage may provide room for landscaping, gardens, recreational use, or other permitted activities.

However, buyers should verify zoning requirements and any restrictions associated with the individual parcels before planning improvements or additional structures.

Two Parcels

The listing indicates that two parcels are included with the property.

The additional parcel information is identified in the listing records.

Having multiple parcels can affect property taxes, boundaries, access, and future land use.

Potential buyers should verify the exact boundaries and legal descriptions of both parcels before completing a purchase.

A survey or other professional property documentation may be useful if there are questions about the location of boundaries.

Wooded Setting

The listing describes the property as having a deep and wooded lot.

A wooded setting can provide privacy and a natural atmosphere while also giving the property a different character from a typical suburban lot.

Trees can provide shade and visual interest, but wooded acreage also requires maintenance.

Future owners may need to consider tree health, fallen branches, drainage, landscaping, and access throughout the property.

Any plans to remove trees or modify the land should be checked against applicable local requirements.

Cape Cod Architectural Style

The property is identified as a Cape Cod-style single-family residence.

Cape Cod homes are generally associated with traditional residential architecture and practical layouts.

The property’s age and architectural style contribute to its older-home character.

For buyers interested in preserving historic elements, features such as hardwood floors, the porch, room proportions, and original construction details may be worth examining closely.

Renovation plans should balance the property’s existing character with the buyer’s practical needs.

Exterior Materials

The listing identifies shake siding as the exterior material.

The roof is described as asphalt and fiberglass.

Both the siding and roof should be inspected as part of the property’s overall condition assessment.

For an older home, exterior maintenance can be especially important because water intrusion can affect interior walls, insulation, flooring, and structural components.

Potential buyers should ask whether the roof has been replaced recently and whether there are known problems with the siding or exterior structure.

Heating and Cooling

The listing identifies the heating system as “Other” and indicates that there is no cooling system listed.

Because heating and cooling information is limited in the supplied listing, buyers should request additional details.

A property inspection can help determine what heating equipment is currently present, whether it is operational, and whether it meets the buyer’s needs.

The absence of a listed cooling system may also mean that buyers need to consider their preferred method of cooling the home.

Any planned HVAC improvements should be included in the renovation budget.

Public Water

The property has public water according to the listing.

Access to public water can simplify some aspects of residential ownership compared with properties that rely on private wells.

Nevertheless, the interior plumbing system should still be inspected.

A public water connection does not necessarily indicate that the home’s pipes, fixtures, valves, or drains are in good condition.

For a house built in 1900, the condition and age of plumbing components should be part of the due diligence process.

Septic Tank

The listing identifies a septic tank for sewer service.

This combination of public water and septic wastewater service is important for prospective buyers to understand.

The condition of the septic system can influence both maintenance costs and future property improvements.

Before purchasing, buyers should determine the age and condition of the septic system and ask whether any recent inspections or maintenance records are available.

If significant renovation or additional bathrooms are planned, the septic system’s capacity and local requirements should also be reviewed.

Sold As-Is

The property is being sold in its current condition.

The listing specifically states that the seller is selling the property as-is as part of an estate.

An as-is sale generally means that buyers should conduct thorough due diligence before completing the transaction.

This is particularly important here because the property is described as a fixer.

Potential buyers should not rely solely on the listing description when estimating repair costs.

Instead, they should inspect the property and obtain professional estimates for significant work.

Fixer Property

The listing identifies the home as a fixer.

That means the property should be approached as a renovation project rather than a move-in-ready residence.

The amount of work required may vary considerably depending on the current condition of the structure and its systems.

Potential renovation areas could include the kitchen, bathroom, electrical system, plumbing, heating, roof, siding, flooring, basement, windows, porch, and other parts of the property.

The listing does not provide a complete renovation estimate, so buyers should obtain their own professional assessments.

Potential Renovation or New Construction

The listing presents the property as an opportunity for a fix-and-flip project or a possible tear-down and new-home construction project.

Those are very different strategies.

Renovating the existing home would require evaluating the current structure and determining which components can reasonably be repaired or retained.

A tear-down and new construction plan would involve entirely different costs, permits, zoning considerations, site preparation, utility requirements, and construction timelines.

Buyers should verify with the appropriate local authorities whether any proposed redevelopment is permitted before relying on either strategy.

Midview School District

The listing states that the property is located within the Midview School District.

School district information can be relevant to buyers with school-age children.

However, school boundaries and enrollment requirements can change, so buyers should verify current information directly with the school district or appropriate local authority.

The listing should be treated as a starting point rather than the final source for school enrollment decisions.

No Homeowners Association

The property does not have an HOA according to the listing.

The absence of an HOA can give an owner more flexibility regarding certain property decisions, although it does not eliminate zoning rules, building codes, municipal requirements, or other restrictions.

Before making major changes to the property, buyers should confirm what approvals are required.

This is particularly important if the buyer is considering additional structures, major renovations, subdivision, or new construction.

Tax Information

The listing reports an annual tax amount of approximately $3,038.

It also identifies a tax-assessed value of approximately $136,730.

These figures should be independently verified because tax assessments and annual tax amounts can change.

Property taxes should be included when calculating the overall cost of ownership.

For buyers planning a major renovation, it can also be useful to understand how improvements may affect future assessments and taxes.

Why an Inspection Matters

An inspection is particularly important for this property because of its age and condition.

The home dates to 1900 and is explicitly listed as a fixer.

A professional inspection can help identify potential issues that may not be visible during a normal viewing.

Important areas include the foundation, basement, roof, electrical system, plumbing, septic system, heating, windows, siding, flooring, and porch.

Depending on the inspection findings, specialized professionals may be needed to evaluate particular components.

Questions Buyers Should Ask

Before making an offer, prospective buyers may want to ask the listing representative several questions.

They can request information about previous repairs, roof age, heating equipment, plumbing, electrical systems, septic maintenance, foundation conditions, and any known water problems.

Buyers may also want to confirm the exact boundaries of both parcels and ask whether there are any restrictions on development.

If a buyer is considering demolition and new construction, zoning and utility requirements should be confirmed before proceeding.

A Property With Multiple Possibilities

The combination of acreage, an older house, a full basement, three bedrooms, hardwood floors, and a large porch gives this property several potential directions.

One buyer might focus on restoring the existing home.

Another might view it primarily as a land opportunity.

A third buyer might explore whether a new construction project is feasible.

The appropriate approach depends on the property’s condition, zoning, budget, and the buyer’s long-term plans.

The listing itself does not guarantee that any particular renovation or redevelopment plan will be successful, so each possibility should be evaluated independently.

Final Thoughts

The property at 614 Oberlin Elyria Rd in Elyria, Ohio, is listed for $74,900 and offers a combination of an older residence and approximately 2.48 acres of land.

The home was built in 1900 and includes three bedrooms, one full bathroom, a full basement, a large porch, and hardwood floors throughout according to the listing description.

The property contains approximately 2,328 square feet of total structure area, including reported finished areas above and below ground.

The lot is described as deep and wooded, and the listing indicates that two parcels are included.

The property is being sold as-is as part of an estate and is identified as a fixer. The listing also presents the property as a possible renovation or tear-down project, depending on the buyer’s plans and applicable local requirements.

For anyone considering this property, careful due diligence is essential.

The age of the home, septic system, heating information, basement, exterior condition, and overall renovation requirements should all be investigated before making a purchase decision.

The reported $74,900 asking price represents the starting purchase cost, not the total amount that may be required to make the property suitable for a buyer’s intended use.

Anyone interested should verify the current listing status, property boundaries, taxes, utilities, zoning, school information, renovation requirements, and all other details directly with the listing agent and appropriate local authorities.

With its combination of acreage and an early-20th-century home, the property offers a distinctive starting point for a buyer who is prepared to carefully evaluate an older property and understand the work involved before moving forward.

 

From Zillow