2114 Wallace Ln, Lorain, OH 44053
OFF MARKET

2114 Wallace Ln
Lorain, OH 44053

  • 3 Beds
  • 2 Baths
  • 1,805 sqft (on 0.70 acres)

$193,300

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $1,268/mo*
Refinance Your Home

$193,300

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $1,268/mo*
Refinance Your Home
3 Beds
2 Baths
1,805 sqft
(on 0.70 acres)

Home Value

Trulia Estimate
$193K
Since last month
Increased$500 (+0.3%)
Since last year
Increased$16K (+9.1%)
Since last sale
Increased$108K (+127.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +65% in the last 10 years
MonthEstimated value
2026
August 2026$193K
July 2026$193K
June 2026$187K
May 2026$192K
April 2026$187K
March 2026$187K
February 2026$176K
January 2026$171K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2015 Wallace Ln, Lorain, OH
0.08
Single-Family Home
$200,000
05/29/26
3
2
1,800
2026 Wallace Ln, Lorain, OH
0.06
Single-Family Home
$146,000
11/24/25
3
2.5
1,464
3215 W Erie Ave, Lorain, OH
0.22
Single-Family Home
$280,000
10/14/25
3
2
1,661
1908 Wallace Ln, Lorain, OH
0.11
Single-Family Home
$275,000
08/05/26
3
2
1,602
1432 Madison Ave, Lorain, OH
0.39
Single-Family Home
$113,500
06/09/26
3
2
1,805
3015 W Erie Ave, Lorain, OH
0.31
Single-Family Home
$157,000
03/18/26
4
2.5
3,510
1910 W 21st St, Lorain, OH
0.64
Single-Family Home
$104,500
01/05/26
4
2
1,814
1936 Lakeview Ave, Lorain, OH
0.31
Single-Family Home
$97,500
11/25/25
3
1
1,176
1308 Lakeview Ave, Lorain, OH
0.49
Single-Family Home
$105,000
03/18/26
3
1.5
1,256
3338 Meister Rd, Lorain, OH
0.66
Single-Family Home
$50,000
07/20/26
3
1
1,170

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2015 Wallace Ln, Lorain, OH 44053
0.08
$200,000
3
2
1,800
Recently Sold
1908 Wallace Ln, Lorain, OH 44053
0.11
$275,000
3
2
1,602
Recently Sold
1964 Tait St, Lorain, OH 44053
0.18
$104,900
2
1
780
For Sale
1946 Tait St, Lorain, OH 44053
0.19
$129,500
2
1
676
Off Market
1936 Tait St, Lorain, OH 44053
0.19
$98,700
2
1
-
Off Market
3427 W Erie Ave, Lorain, OH 44053
0.19
$354,200
3
2.5
1,955
Off Market
1955-1957 Tait St, Lorain, OH 44053
0.20
$178,100
4
2
1,836
Off Market
W 21st St, Lorain, OH 44053
0.22
-
-
-
-
Off Market
3319 W Erie Ave, Lorain, OH 44053
0.22
$259,800
3
3.5
1,772
Off Market
3215 W Erie Ave, Lorain, OH 44053
0.22
$286,000
3
2
1,661
Off Market
1926 Nichols Ave, Lorain, OH 44053
0.23
$105,000
2
1
871
Recently Sold
1969 Nichols Ave, Lorain, OH 44053
0.24
$128,200
3
1.5
925
Off Market

Local Information

  • Map ViewExplore the area around 2114 Wallace Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1957
Lot Size
0.7 acres
Living Area
1,805 sqft
Price/Sqft
$107
Parking
Garage

About this House

This single-family home is located at 2114 Wallace Ln, Lorain, OH. 2114 Wallace Ln is in Lorain, OH and in ZIP code 44053. This property has 3 bedrooms, 2 bathrooms and approximately 1,805 sqft of floor space. This property has a lot size of 0.70 acres and was built in 1957.
2114 Wallace Ln, Lorain, OH 44053 is a 3 bedroom, 2 bathroom, 1,805 sqft single-family home built in 1957. It last sold for $85,000 on Oct 12, 2001. It is currently off market. The Trulia Estimate is $193,300, with a rent estimate of $1,648/month.

Home Details for 2114 Wallace Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.5
Interior Details
Number of Rooms: 6
Heating & Cooling
Air ConditioningCooling System: Central

Property Information

Year Built
Year Built: 1957Year Updated: 1957
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Exterior Features

Exterior Home Features
Exterior: OtherFoundation Type: Slab
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 0.70 acres

Price and Tax history

DateEventPrice
Oct 12, 2001
Source: N/A
Sold
$85,000
May 23, 2001
Source: N/A
Sold
$59,000

Market trends in Lorain

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$163K
$8.42KMoM
Sale-to-List Price
100.0%
Price per sq ft
$116
$4MoM
Available listings
194
3MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lorain

At least 450 Trulia users voted on each feature.

  • 84 % Say car is needed

  • 83 % Say there are sidewalks

  • 82 % Say yards are well-kept

  • 82 % Say parking is easy

  • 72 % Say there's holiday spirit

  • 71 % Say it's dog friendly

  • 69 % Say kids play outside

  • 53 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 49 % Say streets are well-lit

  • 47 % Say it's quiet

  • 46 % Say it's walkable to grocery stores

  • 44 % Say they plan to stay for at least 5 years

  • 41 % Say people would walk alone at night

  • 31 % Say it's walkable to restaurants

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Butterflysia
    "We have an awesome Halloween display and that in itself brings together at least 300 kids. That is not including the adults. We love to bring happiness to the people in our community and that is the best way we do it and the neighborhood loves it. We even have people that have been told and come from out of town to check it out."
    1
    Flag
  • Jeffrey O.
    "There are other families in this area and the beach is near and parks are everywhere for your children "
    17
    Flag
  • Lisa O.
    "Do not live in this neighborhood. Neighbors are nice but there are lots of drug deals and bad influences."
    2
    Flag
  • Lisa J.
    "Not a safe neighborhood. Lots of drug deals/use, crime, loud noises. People are rude. Kids are always running around. "
    1
    Flag
  • Stephane K.
    "The quietness. The fenced in backyards and how much space there is. Friendly neighborhood but they mind they’re business"
    8
    Flag
  • Jerri M.
    "No dog park need more open space don’t have any running areas for the pets to many streets and not enough land"
    5
    Flag
  • Aaron S.
    "Keep your car doors locked at all times things are getting better in Lorain the schools are not good "
    6
    Flag
  • Aja G.
    "it's close to a shopping plaza. The city has been working hard to bring life back into the downtown area ."
    0
    Flag
  • Stephane K.
    "Not familiar with this neighborhood. But it’s nice and quiet. I would like to live in a neighborhood like this"
    0
    Flag
  • Daniel M.
    "its unsafe he people are nuts and cars racing around everywhere. I live here because its cheap its not safe at all"
    15
    Flag
  • Rachel N.
    "That more than half the dog walkers don't clean up after their fur babies :/ Great view of Lake Erie and Lakeview Park is just down the street."
    5
    Flag
  • Villalba83
    " Schools needs to be better also sidewalls in a lot of houses needs to be fixed up Other than that the city is not that bad to live"
    8
    Flag
  • Laurabodak
    "The school system is terrible and there are shootings, gangs and drugs all throughout the city. There are hardly any good paying jobs in the city and they punish the people who do work with all their taxes!!!!"
    19
    Flag
  • Neraidariosfigueroa
    "Lorain is a cheap place to live.. Lorain Constellation Elementary School is great as well as the middle school. "
    2
    Flag
  • N.Figueroa
    "Lorain is a cheap place to live but not good if you have kids. We are leaving Lorain to get our kids in better schools. There is a lot of gang violence and young teens dying. Don’t want my kids to grow up around that. "
    6
    Flag
  • Rachel N.
    "your own vehicle is required. there is a lot of things to do also within walking distance. if needed needed Lyft and Uber are a feasible option"
    1
    Flag
  • TR
    "Every now and again there is a community fair near a church. There are VA and or church events/meals on occasion."
    0
    Flag
  • Snejadfard
    "My neighborhood people walk there dogs but we do not have sidewalks /but it’s a very nice place to walk and plenty of places to go , Everyone picks up after there self , well there dogs !"
    0
    Flag
  • Jortizquiles35
    "I’ve lived here for 3 yrs neighbors are always looking out for you and others friendly kid friendly dog friendly no noise peaceful live right next to black river landing summertime you can hear the music from backyard lake is near by clean parks no crime here just love it "
    0
    Flag
  • Izaiah H.
    "Lorain has absolutely no public transportation and traffic can be very heavy at times because people do not know how to drive here in this city. Most residents do not have a drivers license"
    7
    Flag
  • Jortizquiles35
    "Always watch your children always know who their with and the public schools are horrible here carter schools I don’t know much about"
    2
    Flag
  • Latoya F.
    "Some areas are nice and then there are other areas that aren’t. The school system is not the greatest either. "
    1
    Flag
  • Angie
    "I grew up in Lorain and it is the same as anywhere else, If your looking for good you'll find good. If your looking for trouble or other you'll find those things also. This is a good town to live in though."
    4
    Flag
  • Kaorilovett
    "the events at lccc are very nice. there are nice parks near by as well as fun activities for your kids."
    0
    Flag
  • Lee J.
    "In the daytime I feel safe, but in the night time you usual here gun shots in the westside area. I would say the Southside is usually safer."
    1
    Flag
  • Wendy D
    "I use to live her a while ago. And this area is still nice to have a family grow up in. The neighbors are nice and some of them are still there when i was growing up in that area."
    2
    Flag
  • Kaorilovett
    "there are plenty of dog owners and people always walk their dogs around here and there are a few parks near by as well. "
    0
    Flag
  • Denise C.
    "Quiet neighborhood No trouble Friendly neighbors Kids playing in the area and riding bikes Lake at the end of the road "
    0
    Flag
  • Philip And Amy Bobel
    "If you want to live in a community where your neighbors are more like family, and your children will have an endless supply of friends to play with, then Deerfield is the place. We've lived here for 5 years and love it. Everyone is kind and inviting. The only downside is the gun range, which is not moving any time soon. But honestly, after 5 years, we hardly notice the noise. But the nature and people surrounding us make up for it."
    0
    Flag
  • Ariana
    "Grew up on the West Side of Lorain, where most of my family still lives. Certain areas are better than others of course, but generally it is quiet and safe. Lorain has lots to offer like the boardwalk, the Palace theatre, and the International Fest in addition to being close to things like Cedar Point, Cleveland, and tons of shopping"
    0
    Flag
  • Rpoyle
    "I c people walking there dogs all the time an have helped people caught there dogs when they get loose "
    0
    Flag
  • Kristine K. I.
    "I live near downtown but no public transportation. no jobs in this town, so you have to drive to other locations. "
    1
    Flag
  • Sherrinine
    "relatively close to highway, there are communities within easy driving distance, that include stores and restaurants. close to the lake and black river landing"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2114 Wallace Ln

  • What is 2114 Wallace Ln estimated to be worth?
    Trulia's estimated value for 2114 Wallace Ln in Lorain, OH is $193,300.
  • What is the price history for 2114 Wallace Ln?
    2114 Wallace Ln in Lorain, OH last sold for $85,000 in October 2001.
  • Is Lorain a buyer's or seller's market?
    Lorain is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Lorain?
    The median sale price in Lorain is $163K. That is up $8.42K from the prior month.
  • Does 2114 Wallace Ln have air conditioning?
    Yes, 2114 Wallace Ln in Lorain, OH has air conditioning.
  • How big is the lot at 2114 Wallace Ln?
    The lot at 2114 Wallace Ln in Lorain, OH is about 0.70 acres (30,492 sq ft).

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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Off Market Homes Near 2114 Wallace Ln

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