502 Cedarwood Trail Elyria, OH 44035

(Bank Owned) - Closed 409727

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5 beds 3 full baths 2,099 sqft

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Listed By

Agency Name: Keller Williams Citywide
Agency Phone: 440-892-2211

Shown By

Agent Name: Jennifer Williams
Agent Phone: (614) 271-0407
Agency Title: Cutler Real Estate

Contact Jennifer Williams About This Property

Property Description

Step into a thoughtfully designed 2-story home that offers a rare and flexible layout you donâ??t often find. Featuring 5 bedrooms and 3 full baths, including a first-floor bedroom and full bath, this home is ideal for guests, multigenerational living, or a private work-from-home setup. The farmhouse-inspired kitchen showcases white cabinetry, quartz countertops, and upgraded appliances, creating a bright and inviting space for everyday living and entertaining. Step outside to the covered deck overlooking a gorgeous, tree-lined lot, offering privacy and a peaceful outdoor retreat. Located in the highly sought-after Midview School District, this home will be ready by the end of March and presents a unique opportunity to secure new construction with a highly desirable layout nearing completion.

Property Features

Property Type: Residential - Single Family

Basement: Yes

Basement: Full, Sump Pump

Cooling: Central Air

Days on Market: 112

Garage: 2 car attached

Heating: Forced Air, Gas

Home Style: Colonial

Lot Size: 0.15 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $0 / year

Year Built: 2026

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator

Exterior: Vinyl Siding

HOA: Yes

HOA Fee: 25/ Monthly

Parcel#: 10-00-007-102-185

Parking: Attached, Electricity, Garage, Garage Door Opener

Parking Notes: Attached, Electricity, Garage, Garage Door Opener

Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Sewer: Public Sewer

Water: Public

Local Schools

School District: Elyria City

Market trend graphs not available for this area

Demographics

Lorain County Demographic Information for

Fips

Fips Code 39093

Population

2020 to 2025 Change up 3.3%

2010 Count 301,356

2020 Count 312,964

2025 Estimate (V2025) 323,219

2020 Estimate (V2025) 312,956

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 21.1%

18 to 64 53.0%

65 and Older 20.7%

Gender

Male 49.6%

Female 50.4%

Place of Birth

Foreign 3.1%

US 96.9%

Education

High School Graduate, Age 25+ 91.8%

Bachelor's Degree or Higher, Age 25+ 28.5%

Computer and Internet use

Households with a computer 94.8%

Households with a broadband Internet subscription 88.9%

Language

English is Second Language, Age 5+ 7.8%

English is First Language, Age 5+ 92.2%

Veterans

Veterans 18,512

Income

Per Capita Income $40,798

Median Household Income $73,347

People in Poverty 10.8%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 136,666

Households 127,544

Average Household Size 2.42

Owner-Occupied 74.0%

Multi-Family 17.0%

Owner-Occupied Median Value $223,200

Median selected monthly owner costs -with a mortgage $1,525

Median selected monthly owner costs -without a mortgage $629

Median gross rent $966

Building Permits

New Private Housing Issued 2024 1,331

Years at Residence

1 Year or More 90.9%

Less Than 1 Year 9.1%

Business and Employment

Private non-farm Establishments 5,664

Private non-farm Employment 89,159

Private non-farm Employment Growth 0.0%

Nonemployer Establishments 21,949

Number of Firms 4,759

Business Production

Value of Shipments $6,058,884,000

Wholesale Trade $2,315,415,000

Retail Trade $3,875,576,000

Retail Sales Per Capita $12,297

Accommodation and Food Services $444,363,000

Land

Land Area 491.10 sq. miles

Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,170.90 per month $2,054.24 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.66 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/09/2026. The listing information on this page last changed on 06/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/09/2026 4:57:59 PM EST) or Dayton MLS (last updated Tue 06/09/2026 4:52:16 PM EST) or CBRMLS (last updated Tue 06/09/2026 4:55:17 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 06/09/2026 4:53:49 PM EST) or NKY MLS (last updated Tue 06/09/2026 4:49:44 PM EST) or Wrist MLS (last updated Tue 06/09/2026 4:54:35 PM EST) or Firelands MLS (last updated Tue 06/09/2026 4:12:12 PM EST) or MLS NOW (last updated Tue 06/09/2026 4:53:19 PM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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