NOT LISTED FOR SALE

3053 Palm Ave Unit 59 Lorain, OH 44055

8 Beds
1 Bath
3,461 Sq Ft
10,559 Sq Ft Lot

Last Sold November 10, 2017

Last sale price $110,000 $32 Per Sq Ft

14 Days on Market

Highlights

  • Baseboard Heating
  • Heating System Uses Steam
  • West Facing Home

About This Home

As of November 2017

Very well kept, profitable 4 Unit Building. DO NOT approach the tenants. Pre-approved Buyers only.

Last Agent to Sell the Property

Tammy Smith

Russell Real Estate Services License #331465 Listed on: 10/16/2017

Russell Real Estate Services

Last Buyer's Agent

Robert Rigsby

Russell Real Estate Services License #237228

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1981

Lot Details

  • 10,559 Sq Ft Lot
  • West Facing Home

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,461 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Steam

Community Details

  • 4 Units
  • Sheffield Land Co Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 03-00-082-107-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,729

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: West
  • Price Per Square Foot: 31.78
  • Estimated Price per Sq Ft: 31.78
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3461
  • Year Built: 1981
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Approx Above Grade Finished: 3461.00
  • Sq Ft Approx Total Finished: 3461.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Wall Unit(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Sheffield Land Co

Fee Information

  • Op Expenses: 8778.00

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2424
  • Parcel Number: 03-00-082-107-013

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Heating

Multi Family

  • Unit Count: 1
  • Gross Income: 26220.00
  • Net Income: 17442.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2729

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2017 11/10/17 Sold $110,000 -4.3% $32 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $115,000 -- $33 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tammy Smith

    Seller's Agent in 2017

    Tammy Smith

    Russell Real Estate Services

    (440) 728-7535

    48 Total Sales

    Tammy Smith
    Section Image
  • Robert Rigsby

    Buyer's Agent in 2017

    Robert Rigsby

    Russell Real Estate Services

    (440) 526-9400

    33 Total Sales

    Robert Rigsby
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3949562

MLS Now

Ohio Lorain County Lorain 44055

3053 Palm Ave Unit 59, Lorain, OH

This home is located at 3053 Palm Ave Unit 59, Lorain, OH 44055 since 16 October 2017. This property was built in 1981. 3053 Palm Ave Unit 59 is a home located in Lorain County with nearby schools including Palm Elementary School, Southview Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Nearby Homes