NOT LISTED FOR SALE

3460 Magnolia Dr Lorain, OH 44053

Estimated Value: $301,000 - $320,000

4 Beds
1.5 Baths
1,632 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $225,000 $138 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,729/month

6 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Home Security System
  • Porch
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

All the benefits of new construction without any of the hassle in popular Martin's Run! The 2020, newly-constructed home was only lived in for 6 months! You will love the open floor plan, the kitchen, dining room and living room are all open. The modern kitchen is complete with a huge center island, wood grain vinyl flooring, stainless refrigerator, and new appliances! The large living room is upgraded with television connections high on the wall - ready for your wall-mounted flatscreen! The first floor also has a convenient half-bath and a separate office/den/formal living room that is ready for you to decide what it will be. Upstairs, the owner's bedroom has a walk-in closet, and you will find three more large bedrooms! The 2nd floor bathroom has double vanities, a linen closet, and an upgraded shower with plenty of shelving. Existing paid home warranty is transferrable and runs through October 2021. All appliances will stay! Enjoy the benefit of the City of Lorain Tax Abatement for years to come! Come and see this home as soon as you can!

Last Agent to Sell the Property

Christopher Foisy

Howard Hanna License #2014000365 Listed on: 04/18/2021

Howard Hanna

Last Buyer's Agent

Josephine Andrick

Key Realty License #2004009802

Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $844

Year Built

  • Built in 2020

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 52 x 97

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-02-012-114-195

Community Details

Overview

  • Association fees include insurance, property management, reserve fund
  • Landings At Martins Run Sub Community

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$844

Year Built

Built in 2020

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 137.87
  • Estimated Price per Sq Ft: 137.87
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1632
  • Year Built: 2020
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Security System, Smoke Detector, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1632.00
  • Sq Ft Approx Total Finished: 1632.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Playground

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Martin's Run HOA
  • Subdivision Complex: Landings At Martins Run Sub

Fee Information

  • HOA Fee Includes: Association Insurance, Property Management, Reserve Fund

Schools

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

Lot Info

  • Lot Dimensions: 52 X 97
  • Lot Size Units: Acres
  • Acres: 0.1100
  • Parcel Number: 02-02-012-114-195

Tax Info

  • Tax: 844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 25, 2021
Sold by
Krauss Robert G
Bought by
Ewing Dasean A and Ewing Willie
Seller's Agent
Christopher Foisy
Howard Hanna
Buyer's Agent
Josephine Andrick
Key Realty
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$308,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,063
Avg. Annual Appreciation
7.53%
Original Mortgage
$220,924
Outstanding Balance
$199,899
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$108,164

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 23, 2021
Sold by
Krauss Robert G
Bought by
Ewing Dasean A and Ewing Willie
Seller's Agent
Christopher Foisy
Howard Hanna
Buyer's Agent
Josephine Andrick
Key Realty
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Outstanding Balance
$199,899
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$108,164

Purchase Details

Closed on
Jun 22, 2020
Sold by
K Havnanian Landings 40S Llc
Bought by
Krauss Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,544
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2020
Sold by
Lorain Landings Development Co Llc
Bought by
K Hovnanian Landings 40S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,544
Interest Rate
3.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ewing Dasean A $225,000 Chicago Title
Ewing Dasean A $225,000 Chicago Title
Krauss Robert G $56,000 None Available
K Hovnanian Landings 40S Llc $121,750 Examco Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewing Dasean A $220,924
Closed Ewing Dasean A $220,924
Previous Owner Krauss Robert G $182,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $225,000 -2.1% $138 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/23/2021 04/23/21 Price Changed $229,900 -2.2% $141 / Sq Ft
04/18/2021 04/18/21 For Sale $235,000 +26.4% $144 / Sq Ft
10/14/2020 10/14/20 Sold $185,912 +9.4% $136 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $169,990 -- $124 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $902 $21,875 $21,875 --
2023 $1,077 $20,913 $20,913 $0
2022 $1,067 $20,913 $20,913 $0
2021 $1,067 $20,913 $20,913 $0
2020 $844 $14,000 $14,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4271633

MLS Now

APN: 02-02-012-114-195