$340,100
- 3 Beds
- 2.5 Baths
- 1,776 sqft
7048 Oak Tree Dr, Lorain, OH 44053
Est. Refi. Payment $2,185/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 27, 1999 for $200,000
Home Value
Trulia Estimate
$340KSince last month
Decreased$7K (-2.1%)Since last year
Increased$7K (+2.1%)Since last sale
Increased$141K (+70.3%)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 +111% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $341K |
| July 2026 | $348K |
| June 2026 | $347K |
| May 2026 | $349K |
| April 2026 | $347K |
| March 2026 | $339K |
| February 2026 | $331K |
| January 2026 | $326K |
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 |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $344,000 | 12/15/25 | 3 | 3 | 1,738 | |
0.29 | Single-Family Home | $265,000 | 03/09/26 | 3 | 3 | 1,550 | |
0.18 | Single-Family Home | $310,000 | 02/02/26 | 3 | 2.5 | 1,706 | |
0.17 | Single-Family Home | $310,000 | 01/30/26 | 3 | 2.5 | 1,706 | |
0.09 | Single-Family Home | $385,000 | 12/11/25 | 4 | 2.5 | 2,699 | |
0.20 | Single-Family Home | $321,000 | 10/29/25 | 4 | 2.5 | 2,235 | |
0.48 | Single-Family Home | $291,000 | 04/03/26 | 3 | 2 | 1,622 | |
0.43 | Single-Family Home | $365,000 | 08/12/26 | 2 | 2 | 1,783 | |
0.47 | Single-Family Home | $338,500 | 04/09/26 | 4 | 2.5 | 2,100 | |
0.71 | Single-Family Home | $260,500 | 05/14/26 | 3 | 2 | 1,716 |
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 |
|---|---|---|---|---|---|---|
0.00 | $306,000 | 3 | 2.5 | 1,776 | Off Market | |
0.03 | $342,100 | 4 | 2.5 | - | Off Market | |
0.04 | - | - | - | - | Off Market | |
0.04 | $332,700 | 3 | 2.5 | 2,245 | Off Market | |
0.08 | $353,300 | 3 | 3 | - | Off Market | |
0.07 | $318,300 | 3 | 2.5 | - | Off Market | |
0.07 | $309,800 | 3 | 2.5 | 1,859 | Off Market | |
0.08 | $356,600 | 4 | 2.5 | - | Off Market | |
0.08 | $335,000 | 4 | 2.5 | - | Off Market | |
0.09 | $385,000 | 4 | 2.5 | 2,699 | Recently Sold | |
0.09 | $334,700 | 3 | 2.5 | 2,173 | Off Market | |
0.10 | $342,900 | 3 | 2.5 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1998
Living Area
1,776 sqft
Price/Sqft
$191
Parking
Garage
About this House
So clean and updated, this 3 bedroom home is truly move-in ready. The first floor master bedroom has just been beautifully remodeled with the latest colors and textures. Dark bamboo floors in the master and wood look ceramic tile in the bath. The kitchen features a nice eat in area which overlooks trees in the back - and also has a handy mudroom from the garage. Walk out onto the very nice large deck to enjoy the scenic backyard. Living room has vaulted ceilings, nice open feel from the kitchen to this area. Gorgeous gas fireplace. Two large bedrooms upstairs share a bath, and the basement is partially finished and also has a great workout area. The exterior has been carefully maintained and the landscaping well cared for. You'll love this home!
7048 Oak Tree Dr, Lorain, OH 44053 is a 3 bedroom, 3 bathroom, 1,776 sqft single-family home built in 1998. It last sold for $200,000 on Jan 27, 1999. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $340,100, with a rent estimate of $2,310/month.
Home Details for 7048 Oak Tree Dr
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Interior Details BasementAtticNumber of Rooms: 8Types of Rooms: Walk In Closet, Family Room, Laundry Room, Master Bath, Mud RoomCeiling Fan |
Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet, Hardwood, Laminate |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa FireplaceJetted Bath Tub |
Security Security System |
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Exterior Home Features Roof: AsphaltDeckExterior: Stone, VinylGardenPatio |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1998Year Updated: 1998 |
Property Type / Style Property Type: Single Family HomeArchitecture: Colonial |
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Units in Building: 1 |
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Lot Area: 10454 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 26, 2017 Source: Agent Provided | ListingRemoved | $199,900 |
May 15, 2017 Source: Agent Provided | Pending | $199,900 |
May 9, 2017 Source: Agent Provided | Listed For Sale | $199,900 |
Jan 27, 1999 Source: N/A | Sold | $200,000 |
Oct 2, 1998 Source: N/A | Sold | $200,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,787 | $256,220 |
Home facts updated by county records
Market trends in Lorain
Last updated July 2026
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
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 7048 Oak Tree Dr
- What is 7048 Oak Tree Dr estimated to be worth?Trulia's estimated value for 7048 Oak Tree Dr in Lorain, OH is $340,100.
- What is the price history for 7048 Oak Tree Dr?7048 Oak Tree Dr in Lorain, OH last sold for $200,000 in January 1999.
- 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 7048 Oak Tree Dr have air conditioning?Yes, 7048 Oak Tree Dr in Lorain, OH has air conditioning.
- Does 7048 Oak Tree Dr have laundry facilities?Yes, 7048 Oak Tree Dr in Lorain, OH has in-unit laundry.

