1908 Wallace Lane Lorain, OH $ 250,000
1908 Wallace Lane
$ 250,000
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1908 Wallace Lane

Lorain, OH, 44053
$ 250,000
Bedrooms3 Baths2.0 Sq 1,602

Monthly Estimate*

$ 1,539

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Single Family Home for sale in Lorain, OH

for $250,000 with 3 bedrooms and 2 full baths. This 1,602 square foot home was built in 1956 on a lot size of 1.46.

Welcome to this charming and well-maintained 3-bedroom, 2 full bathroom home situated on a rare 1.46-acre lot in desirable Lorain! A welcoming entryway leads into the spacious living room featuring a cozy wood-burning fireplace and newer luxury vinyl plank flooring installed in 2025, with hardwood flooring preserved underneath. Just off the living room, the generously sized dining room offers the perfect space for family gatherings and entertaining, also featuring newer LVP flooring with hardwood beneath. The efficiently designed kitchen was updated in 2019 and includes all appliances, newer LVP flooring, and plenty of functionality for everyday living. The first bedroom showcases beautiful hardwood flooring, while the additional two bedrooms are currently carpeted with hardwood flooring underneath that can easily be uncovered. The recently renovated upstairs full bathroom (2020) features a stylish double vanity. Downstairs, the rec room provides additional living and entertaining space along with a newly added full bathroom (2020), making the lower level both comfortable and versatile. This home has seen numerous updates including all new windows (2017), updated doors, new ceiling fans and additional lighting throughout (2018), recessed lighting installed in the living room (2018), shed (2025), new exterior paint (2025), composite deck (2022), garage door opener with battery back up (2022), and new flooring (2025). Located close to Lake Erie, parks, Mercy Health Hospital, highways, and the popular Rockin’ on the River events, this property offers convenience while still being tucked away on a surprisingly quiet and peaceful street. Enjoy the best of both worlds - nearby entertainment and amenities with the comfort of a low-traffic, serene setting. Don’t miss your opportunity to own this move-in ready home with acreage in Lorain!

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Single Family Contingent

Price

$ 250,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,839

Style

Lot Size

1.46

Year Built

1956

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5213958

Features
General
Sewer Public Sewer
Heating Baseboard Gas
Cooling Ceiling Fan(s) None Window Unit(s)
Possession Negotiable Other
Roof Asphalt Shingle
Appliances Dishwasher Microwave Range Refrigerator
Garage Spaces 2
Patio/Porch Features Deck Front Porch
Architectural Style Ranch
Construction Materials Cedar Wood Siding
Year Built 1956
Stories Count 1
Township Lorain
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Lorain
Property Type Residential
HOA false
Attached Garage false
Contingency Appraisal House Sale
Subdivision Name Wallace Sub #1
Garage Y/N true
Other Structures Shed(s)
Total Rooms 6
Full Baths 2
Status Contingent
Directions W Erie Ave (Rt 6) south on Wallace Ln
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 2839
Home Warranty Y/N true
Living Area Units Square Feet
Standard Status Active Under Contract
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
Legal Description WALLACE 1 100 X 634 LOT # 30
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Interior
Interior Amenities Ceiling Fan(s)
Basement Full Unfinished Sump Pump
Total Fireplaces 1
Fireplace Features Wood Burning
Total Stories 1
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1602
Half Baths 0
Laundry Features In Basement Lower Level
Total Bedrooms 3
Main Level Bedrooms 3
Main Level Bathrooms 1
Above Grade Finished Area Source Assessor
Total Baths 2
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Exterior
Fencing None
Parking Features Concrete
Water Source Public
Lot Size Area 1.46
Foundation Details Block
Lot Dimensions 100 x 634
Lot Size Acres 1.46
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Elizabeth M Zunt

Listing Agent

Russell Real Estate Services

Broker

ElizabethZuntRealtor@gmail.com

Email

Affordability Calculator

$1,776
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$237
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458042 Elementary School
4458082 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$250,000 Listed Price

Map


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1908 Wallace Lane, Lorain, OH, 44053 is a Single Family Home for sale at $250,000 with 1,602 sqft and a lot size of 1.46. 1908 Wallace Lane has 3 bedrooms, 2.0 baths, and was built in 1956. The property's zip code is 44053 which is in Lorain, OH