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11940 State Route 58 Oberlin, OH 44074
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Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,894 sqft
Price per Sqft $290
MLS Listing ID 4435475
Sold Date 09/28/23
Style Colonial
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,894
Year Built 1930
Annual Tax Amount $4,567
Lot Size 55.284 Acres
Acres 55.284
Property Description
Surveyed - Appraised - Free Gas w/ Mineral Rights. We are pleased to offer a vista of open sky over 55.284 acres of fields, meadow and mixed hardwoods - a peaceful landscape hosting a variety of wildlife, flora and fauna. Bask in the country life or explore the income potential including approximately 40 acres of tillable land (per FSA). This farm sale consists of two (2) parcels: PPN 09-00-055-000-001 (35.249 acres - where house and barn are located) and PPN 09-00-045-000-005 (20.035 acres). Located 1.3 miles from Oberlin College and the quaint City of Oberlin, this is an opportunity to invest in LAND and HOME and FREE GAS. The land was leased for agriculture through 2022 (CAUV tax reduction). The home was utilized as a rental and recently vacated by the property resident. Built in 1930, the home is deserving of rehab with its architectural character and gleaming wood floors, however the potential for this property could spark a number of investment ideas based on the zoning and area demographics. We’ve provided some local resources in the property brochure (OM) to explore ideas as well as contacts for lot splits and building regulations including Single Family and Duplex, Horse Farm, Vineyard, B&B and more.
Location
State OH
County Lorain
Rooms
Main Level Bedrooms 1
Interior
Heating Electric, Gas, Hot Water, Steam
Cooling Central Air
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features No Garage, Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Entry Level Two
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Oberlin Csd - 4712
Others
Tax ID 09-00-055-000-001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Jamie C Brasee • Howard Hanna