NOT LISTED FOR SALE

3493 Magnolia Dr Lorain, OH 44053

Estimated Value: $268,000 - $278,000

2 Beds
2 Baths
1,366 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 3493 Magnolia Dr, Lorain, OH 44053 and is currently estimated at $272,396, approximately $199 per square foot. 3493 Magnolia Dr is a home located in Lorain County with nearby schools including Toni Wofford Morrison Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2020
Sold by
K Hovananian Holdings 40S Llc
Bought by
Velasquez Anthony M
Current Estimated Value
$272,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,523
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2020
Sold by
Jiovanazzo Anthony J and Jiovanazzo Lynn M
Bought by
Joivanazzo Scott A and Joivanazzo Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,523
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2020
Sold by
Lorain Landigns Development Co Llc
Bought by
K Hovanian 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
$189,523
Interest Rate
2.8%
Mortgage Type
FHA
Source: Public Records

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.

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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.

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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.

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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.

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Average Value
Not Available
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
Velasquez Anthony M $56,000 None Available
Joivanazzo Scott A $148,000 Nationwide Title Agency Ltd
K Hovanian Landings 40S Llc $40,400 1St Nationwide Ttl Agcy Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasquez Anthony M $189,523
Previous Owner Hovananian Landing 40S Llc $440,000
Previous Owner K Hovnanian Landings 40 S Llc $220,092,600
Source: Public Records

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 $30,485 $27,346 $3,140
2023 $1,077 $20,913 $20,913 $0
2022 $1,095 $20,913 $20,913 $0
2021 $1,095 $20,913 $20,913 $0
2020 $844 $14,000 $14,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Map

Ohio Lorain County Lorain 44053

3493 Magnolia Dr, Lorain, OH

This home is located at 3493 Magnolia Dr, Lorain, OH 44053 and is currently estimated at $272,396, approximately $199 per square foot. 3493 Magnolia Dr is a home located in Lorain County with nearby schools including Toni Wofford Morrison Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

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