NOT LISTED FOR SALE

3503 Morningside Way Lorain, OH 44053

Estimated Value: $286,000 - $320,000

2 Beds
2 Baths
1,443 Sq Ft
$207/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $173,413 $120 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,938/month

10 Days on Market

Highlights

  • Fitness Center
  • Senior Community
  • Tennis Courts
  • Newly Remodeled
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of November 2017

The Bayliss II is a new construction home featuring a HovHall to keep your home tidy when entering from the 2 car rear-entry garage. A beautiful open kitchen with island makes for easy food preparation. A luxurious owner's suite with walk-in closet includes a private bath. A covered patio is a great way to sit with friends and family to enjoy nature's splendor.

Morningside at Martin's Run is Lorain's premier active lifestyle community, offering a 13,000 sq.ft. clubhouse, both indoor and outdoor pools, a fitness center, banquet hall, putting green, tennis/pickleball court and more. The community is surrounded by acres of nature preserves, ponds and walking trails. The Morningside HOA covers lawn care, snow removal, property management and maintenance of community facilities so you can enjoy more of your free time.

Last Agent to Sell the Property

David Stile

New Home Realty, LLC. License #700302502 Listed on: 10/20/2017

Last Buyer's Agent

David Stile

New Home Realty, LLC. License #700302502 Listed on: 10/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 40x135
  • West Facing Home

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,443 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-001-112-044

Community Details

Overview

  • Senior Community
  • Maintenance fee includes Association Insurance, Landscaping, Property Management, Reserve Fund, Snow Removal
  • Association fees include insurance, landscaping, property management, recreation, reserve fund, snow removal
  • Morningside At Martin's Run Community

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: West
  • Price Per Square Foot: 120.18
  • Estimated Price per Sq Ft: 120.18
  • Year Built Exception: New Construction
  • Num Of Stories: 1.00
  • Total Sq Ft: 1443
  • Year Built: 2017
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2017

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 6
  • Sq Ft Approx Above Grade Finished: 1443.00
  • Sq Ft Approx Total Finished: 1443.00

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached
  • 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: Adult Community 55+, Common Facility, Exercise Room, Park, Pool, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 235.50
  • HOA Fee Frequency: Monthly
  • Hoa Name: Morningside Homeowners' Association`
  • Maint Fee Includes: Association Insurance, Landscaping, Property Management, Reserve Fund, Snow Removal
  • Subdivision Complex: Morningside at Martin's Run

Fee Information

  • HOA Fee Includes: Association Insurance, Landscaping, Property Management, Recreation, Reserve Fund, Snow Removal

Schools

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

Lot Info

  • Lot Dimensions: 40x135
  • Lot Size Units: Acres
  • Acres: 0.1800
  • Parcel Number: 02-03-001-112-044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Kocak Mark and Kocak Marianne
Bought by
Andrews Jon D
Current Estimated Value
$299,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2017
Closed on
Nov 9, 2017
Sold by
K Hovnanian Of Ohio Llc
Bought by
Kocak Jerome M and Kocak Marlene E
Seller's Agent
David Stile
New Home Realty, LLC.
Buyer's Agent
David Stile
New Home Realty, LLC.
List Price
$184,914
Sold Price
$173,413
Premium/Discount to List
-$11,501
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$138,400
Interest Rate
3.85%
Mortgage Type
New Conventional
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
Andrews Jon D $232,000 1St National Title
Kocak Jerome M $173,500 Millennium Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Jon D $182,000
Previous Owner Kocak Jerome M $138,000
Previous Owner Kocak Jerome M $138,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $173,413 -6.2% $120 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $184,914 -- $128 / 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 $1,010 $24,500 $24,500 --
2023 $1,080 $20,965 $20,965 $0
2022 $1,071 $20,965 $20,965 $0
2021 $1,070 $20,965 $20,965 $0
2020 $977 $16,630 $16,630 $0
2019 $972 $16,630 $16,630 $0
2018 $972 $16,630 $16,630 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3949642

MLS Now

APN: 02-03-001-112-044