3496 Magnolia Dr Lorain, OH 44053
4
Beds
1.5
Baths
1,649
Sq Ft
4,792
Sq Ft Lot
Highlights
- Colonial Architecture
- Community Playground
- Forced Air Heating and Cooling System
- 2 Car Direct Access Garage
About This Home
As of February 2023To-be-built Concord offers you 4 bedrooms, and an open concept layout perfectly suited for entertaining friends and family on the holidays!
Ask about the tax saving opportunity!!!!!
Last Agent to Sell the Property
Michelle Arocho
Deleted Agent License #2016000302 Listed on: 12/20/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $902
Year Built
- Built in 2020
HOA Fees
- $27 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,649 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 02-02-012-114-198
Community Details
Overview
- Association fees include insurance, property management, reserve fund
- Martins Run Community
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2022
Closed on
Feb 17, 2023
Sold by
Alvarez Sofia and Alvarez Justin J
Bought by
Witt Brianna Alaine
Seller's Agent
Alicia Summers
EXP Realty, LLC.
Buyer's Agent
Jodi Burgett
Russell Real Estate Services
List Price
$260,000
Sold Price
$230,000
Premium/Discount to List
-$30,000
-11.54%
Views
149
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,756
Avg. Annual Appreciation
9.39%
Original Mortgage
$212,000
Outstanding Balance
$206,722
Interest Rate
6.33%
Mortgage Type
Balloon
Estimated Equity
$79,853
Purchase Details
Closed on
Jul 27, 2020
Sold by
K Hovnanian Landings 40S Llc
Bought by
Alvarez Sofia and Flanigan Justin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 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
$440,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in Lorain, OH
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Fidelity National Title | |
| Limited Warranty Deed | $56,000 | None Available | |
| Limited Warranty Deed | $40,400 | Examco Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $212,000 | Balloon | |
| Previous Owner | $440,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $220,092,600 | Credit Line Revolving | |
| Previous Owner | $201,243 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2023 02/22/23 | Sold | $230,000 | -4.2% | $138 / Sq Ft |
| 12/26/2022 12/26/22 | Pending | -- | -- | -- |
| 12/20/2022 12/20/22 | Price Changed | $240,000 | -2.4% | $144 / Sq Ft |
| 12/09/2022 12/09/22 | Price Changed | $246,000 | -1.6% | $147 / Sq Ft |
| 11/28/2022 11/28/22 | Price Changed | $250,000 | -0.8% | $150 / Sq Ft |
| 11/01/2022 11/01/22 | Price Changed | $252,000 | -1.2% | $151 / Sq Ft |
| 10/12/2022 10/12/22 | Price Changed | $255,000 | -1.9% | $153 / Sq Ft |
| 09/21/2022 09/21/22 | For Sale | $260,000 | +33.8% | $156 / Sq Ft |
| 11/13/2020 11/13/20 | Sold | $194,250 | +11.0% | $118 / Sq Ft |
| 05/24/2020 05/24/20 | Pending | -- | -- | -- |
| 03/11/2020 03/11/20 | Price Changed | $174,990 | +0.3% | $106 / Sq Ft |
| 01/30/2020 01/30/20 | Price Changed | $174,490 | +0.3% | $106 / Sq Ft |
| 01/04/2020 01/04/20 | Price Changed | $173,990 | +0.6% | $106 / Sq Ft |
| 12/20/2019 12/20/19 | For Sale | $172,990 | -- | $105 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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
-
Seller's Agent in 2023
Alicia Summers
EXP Realty, LLC.
6 in this area
20 Total Sales
-
Buyer's Agent in 2023
Jodi Burgett
Russell Real Estate Services
(440) 315-7282
42 in this area
114 Total Sales
-
M
Seller's Agent in 2020
Michelle Arocho
Deleted Agent
-
Buyer's Agent in 2020
Bernadette Stitchick
Russell Real Estate Services
(440) 864-4257
34 in this area
396 Total Sales
Map
Source: MLS Now
MLS Number: 4156698
APN: 02-02-012-114-201
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