$115,400
- 3 Beds
- 1.5 Baths
- 1,376 sqft
242 Gates Ave, Elyria, OH 44035
Est. Refi. Payment $840/mo*
Refinance Your HomeCurrently Off Market - Sold May 29, 2012 for $15,600
Home Value
Trulia Estimate
$115KSince last month
Decreased$900 (-0.8%)Since last year
Decreased$8K (-6.6%)Since last sale
Increased$97K (+619.2%)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 +300% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $112K |
| September 2026 | $115K |
| August 2026 | $113K |
| July 2026 | $120K |
| June 2026 | $123K |
| May 2026 | $126K |
| April 2026 | $119K |
| March 2026 | $118K |
| February 2026 | $118K |
| January 2026 | $112K |
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 |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $40,000 | 11/24/25 | 3 | 1.5 | 1,386 | |
0.07 | Single-Family Home | $100,000 | 02/20/26 | 3 | 1 | 1,368 | |
0.16 | Single-Family Home | $38,000 | 08/06/26 | 3 | 1 | 1,164 | |
0.03 | Single-Family Home | $77,500 | 10/03/25 | 4 | 2 | 1,880 | |
0.12 | Single-Family Home | $135,000 | 12/04/25 | 3 | 1 | 1,311 | |
0.10 | Single-Family Home | $91,000 | 10/23/25 | 4 | 1 | 1,344 | |
0.35 | Single-Family Home | $40,000 | 02/11/26 | 3 | 2 | 944 | |
0.21 | Single-Family Home | $75,000 | 03/30/26 | 3 | 1 | 1,418 | |
0.27 | Single-Family Home | $71,250 | 07/23/26 | 3 | 1 | 1,327 | |
0.18 | Single-Family Home | $90,000 | 05/04/26 | 2 | 1 | 1,104 |
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 |
|---|---|---|---|---|---|---|
0.01 | $105,900 | 3 | 1 | 1,568 | Off Market | |
0.01 | $91,800 | 4 | 2 | 1,300 | Off Market | |
0.02 | $109,100 | 4 | 1 | 1,160 | Off Market | |
0.02 | - | 3 | 1 | 1,296 | Off Market | |
0.02 | $123,100 | 5 | 2 | 2,274 | Off Market | |
0.02 | $123,400 | 4 | 2 | 2,274 | Off Market | |
0.02 | $136,900 | 4 | 2 | 1,835 | Off Market | |
0.02 | - | 4 | 1 | 1,100 | Off Market | |
0.02 | - | 4 | 1 | 1,100 | Off Market | |
0.03 | $145,100 | 3 | 2 | 1,584 | Off Market | |
0.03 | $83,200 | 3 | 1 | 1,123 | Off Market | |
0.03 | $82,600 | 3 | 1 | 1,240 | Off Market | |
0.03 | $34,562 | 5 | 2 | 1,434 | Recently Sold | |
0.03 | - | 5 | 2 | 2,218 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | $114,400 | 4 | 2 | - | Off Market | |
0.03 | $109,000 | 4 | 1 | 1,592 | Off Market | |
0.03 | $103,750 | 3 | 1.5 | - | For Sale |
Local Information
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Home Highlights
Single-Family Home
Built in 1900
1,376 sqft
$84/sqft
About this House
. Beautiful woodwork in this colonial near the heart of Elyria. Many newer improvements to include oak cabinets in kitchen, countertops, gleaming wood floors! Formal dining room and living room. Wood trim and detail throughout. Full basement for additional storage. Enclosed front porch and rear deck with a private wood fenced backyard. Buyer responsible for own due diligence,inquiry and verification of all property information, condition and parcel data.
242 Gates Ave, Elyria, OH 44035 is a 3 bedroom, 2 bathroom, 1,376 sqft single-family home built in 1900. It last sold for $15,600 on May 29, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $115,400, with a rent estimate of $1,387/month.
Home Details for 242 Gates Ave
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Interior Details BasementAtticNumber of Rooms: 8Types of Rooms: Family Room, Mud Room, OfficeCeiling Fan |
Heating & Cooling Heating: Baseboard, Forced Air, GasHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood, Laminate |
Appliances & Utilities Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher |
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Exterior Home Features Roof: Shake ShingleDeckExterior: Wood ProductsPorch |
Parking & Garage Parking Space: 1Parking: Off Street |
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Year Built Year Built: 1900Year Updated: 1900 |
Property Type / Style Property Type: Single Family HomeArchitecture: Colonial |
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Units in Building: 1 |
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Lot Area: 3702 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 29, 2012 Source: N/A | Sold | $15,600 |
Apr 18, 2012 Source: Agent Provided | PriceChange | $19,500 Price decreased by 15% |
Mar 22, 2012 Source: Agent Provided | Listed For Sale | $22,900 |
Mar 8, 2012 Source: N/A | Sold | $34,000 |
Feb 15, 2012 Source: Agent Provided | PriceChange | $25,750 Price increased by 0% |
Feb 12, 2012 Source: Agent Provided | Listed For Sale | $0 |
Oct 13, 1995 Source: N/A | Sold | $43,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $428 | $14,270 |
Home facts updated by county records
Market trends in Elyria
Last updated August 2026
Avg. sale price
$201K
Sale-to-List Price
100.0%
Price per sq ft
$137
$0MoM
Available listings
194
14MoM
Around this home
What Locals Say about Elyria
At least 386 Trulia users voted on each feature.
88 % Say car is needed
85 % Say parking is easy
84 % Say there are sidewalks
83 % Say yards are well-kept
80 % Say it's dog friendly
70 % Say kids play outside
70 % Say there's holiday spirit
58 % Say streets are well-lit
52 % Say neighbors are friendly
52 % Say people would walk alone at night
49 % Say there's wildlife
49 % Say it's quiet
46 % Say they plan to stay for at least 5 years
41 % Say it's walkable to restaurants
40 % Say it's walkable to grocery stores
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 242 Gates Ave
- What is 242 Gates Ave estimated to be worth?Trulia's estimated value for 242 Gates Ave in Elyria, OH is $115,400.
- What is the price history for 242 Gates Ave?242 Gates Ave in Elyria, OH last sold for $15,600 in May 2012.
- Is Elyria a buyer's or seller's market?Elyria is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Elyria?The median sale price in Elyria is $201K. That is roughly unchanged from the prior month.
- Does 242 Gates Ave have laundry facilities?Yes, 242 Gates Ave in Elyria, OH has in-unit laundry.
- How big is the lot at 242 Gates Ave?The lot at 242 Gates Ave in Elyria, OH is about 0.08 acres (3,702 sq ft).