Seller's Agent in 2023
Alicia Summers
EXP Realty, LLC.
6 in this area
20 Total Sales
3496 Magnolia Dr Lorain, OH 44053
3
Beds
2.5
Baths
1,672
Sq Ft
4,792
Sq Ft Lot
Highlights
- Colonial Architecture
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of February 2023Why wait to build when you can own a new build in Martin's Run; only 2 years old! This 3 bedroom, 2.5 bath has a 13 year tax abatement! When you walk in you are greeted by an office/den/playroom and foyer. You will love the open concept eat-in kitchen and living room. The huge master bedroom is stunning with a walk-in closet and attached full bath. Another full bath is upstairs near the 2 additional bedrooms. Laundry is located in the large, unfinished basement that features a rough-in for a future bathroom. Garage has epoxy flooring. Call for a tour.
Last Agent to Sell the Property
EXP Realty, LLC. License #2022000592 Listed on: 09/21/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $902
Year Built
- Built in 2020
Lot Details
- 4,792 Sq Ft Lot
HOA Fees
- $27 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,672 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Landings At Martins Run Sub Community
Listing and Financial Details
- Assessor Parcel Number 02-02-012-114-201
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
$64,157
Avg. Annual Appreciation
9.01%
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
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
-
Alicia Summers
-
Jodi Burgett
Buyer's Agent in 2023
Jodi Burgett
Russell Real Estate Services
(440) 315-7282
42 in this area
113 Total Sales
-
M
Seller's Agent in 2020
Michelle Arocho
Deleted Agent
-
Bernadette Stitchick
Buyer's Agent in 2020
Bernadette Stitchick
Russell Real Estate Services
(440) 864-4257
33 in this area
399 Total Sales
Map
Source: MLS Now
MLS Number: 4409996
APN: 02-02-012-114-201
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