NOT LISTED FOR SALE

3505 Magnolia Dr Lorain, OH 44053

Estimated Value: $307,000 - $317,627

3 Beds
3 Baths
1,812 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 3505 Magnolia Dr, Lorain, OH 44053 and is currently estimated at $311,907, approximately $172 per square foot. 3505 Magnolia Dr is a home 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
Jan 18, 2021
Sold by
Colston Labrawn D and Colston Candace
Bought by
Colston Labrawn D and Colston Candace
Current Estimated Value
$311,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,701
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2020
Sold by
K Hovnanian Landings 40S Llc
Bought by
Colston Labrawn D and Colston Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,701
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 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
$220,092,600
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Colston Labrawn D -- None Available
Colston Labrawn D $213,600 None Available
Colston Labrawn D $213,600 None Available
K Hovnanian Landings 40S Llc $80,700 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colston Labrawn D $209,701
Previous Owner K Hovnanian Cornerstone Farms 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 $4,284 $103,898 $21,875 $82,023
2023 $4,616 $89,618 $20,913 $68,705
2022 $4,575 $89,618 $20,913 $68,705
2021 $3,614 $69,006 $20,913 $48,094
2020 $844 $14,000 $14,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Map

Ohio Lorain County Lorain 44053

3505 Magnolia Dr, Lorain, OH

This home is located at 3505 Magnolia Dr, Lorain, OH 44053 and is currently estimated at $311,907, approximately $172 per square foot. 3505 Magnolia Dr is a home with nearby schools including Toni Wofford Morrison Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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