Discover an incredible opportunity to own nearly 8 acres of residential land in desirable New Russia Township! Located at 45217 Parsons Rd. in Oberlin, this expansive property offers the perfect setting to build your dream home surrounded by mature trees and plenty of privacy. The existing 4-bedroom, approximately 2,300 sq. ft. home will require extensive rehabilitation and is most likely a candidate for demolition, giving you the opportunity to start fresh and create the home you've always wanted. The property features an impressive 495 feet of frontage and extends over 700 feet deep, providing plenty of space for walking paths, trails, outdoor recreation and more. Adding even more value is a fully functioning natural gas well located on the property. Conveniently situated close to Splash Zone Recreation Center, golfing, Oberlin College, shopping, dining and major highways, this property offers both privacy and convenience. Priced to sell fast and being offered CASH ONLY. Don't miss this rare opportunity to secure nearly 8 acres and build your dream home in New Russia Township!
Single-familyProperty Type
1890Year Built
7.98 acresLot Size
$72Price/Sq.Ft.
1 spaceParking
Listed by Steven Lawson• Russell Real Estate Services
Est. $1,654 per month, based on comparable rentals
Sale and tax history for 45217 Parsons Rd
Sale History
Tax History
Date
Event
Price
MLSNOW #5240304
Sep 29, 2026
Sold
$169,000
$72/sq ft
Sep 3, 2026
Pending
—
Aug 28, 2026
Listed
$169,000
$72/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$3,610 (+58.3%)
$37,699 + $53,680
$91,379
2023
$2,280 (+2.2%)
$28,263 + $26,992
$55,255
2022
$2,230 (+0.2%)
$28,263 + $26,992
$55,255
2021
$2,227 (+14.4%)
$28,263 + $26,992
$55,255
2020
$1,947 (+1.0%)
$23,972 + $22,894
$46,866
2019
$1,928 (+16.1%)
$23,972 + $22,894
$46,866
2018
$1,660 (+24.3%)
$23,972 + $17,164
$41,136
2017
$1,335 (−1.0%)
$23,076 + $11,935
$35,011
2016
$1,349 (−4.2%)
$23,076 + $11,935
$35,011
2014
$1,408 (+1.9%)
$23,667 + $12,240
$35,907
2013
$1,382
$23,667 + $12,240
$35,907
Public record
Beds
4
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
7.98 Acres
Year renovated
1974
Sq. Ft.
2,342
Year built
1890
Style
Single Family Residential
County
Lorain County
APN
0900097000098
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 24, 2026.
Property details
Parking
Parking
Features: Circular Driveway, Driveway
Interior
Virtual Tour
Bedroom Information
# of Main Level Bedrooms: 1
Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Room Information
# of Rooms (Total): 9
Has Basement
Basement Information: Full
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Exterior
Building Information
Stories: 2
Year Built Source: Public Records
Roof Details: Asphalt, Fiberglass
Construction Details: Block
Exterior Features
Other Structures: Outbuilding
Lot Information
Lot Size Area: 7.98
Lot Size Acres: 7.98
Lot Size Source: Assessor
Lot Features: Flat, Landscaped, Level, Many Trees, Secluded
Property Information
Above Grade Finished Area: 2,342
Above Grade Finished Area Source: Assessor
Fixer
Financial
Tax Information
Annual Tax Amount: $3,406
Tax Year: 2025
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Public
Heating & Cooling
Has Heating
Heating: Forced Air, Gas
Public facts
Beds: 4
Baths: 1.5
Sq. Ft.: 2,342
Stories: 2.0
Lot Size: 7.98 acres
Style: Single Family Residential
Year Built: 1890
Year Renovated: 1974
County: Lorain County
APN: 0900097000098
Home facts updated by county records on Oct 24, 2026
Around this home
Schools
Eastwood Elementary School
Public PreK-5 • Assigned • 1.2mi
7/10
Langston Middle School
Public 6-9 • Assigned • 1.1mi
8/10
Oberlin High School
Public 9-12 • Assigned • 1.2mi
6/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Oberlin, OH • 44074
Average low and high temperatures (°F)
28
15
36
21
55
34
64
43
67
49
81
61
84
66
79
59
78
52
66
45
51
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 16% for direct sun exposure in Oberlin. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$181,000 – $219,000
Sell confidently with a local market expert in Oberlin.