3514 Magnolia Dr Lorain, OH 44053
Estimated Value: $316,000 - $350,000
5
Beds
3
Baths
2,760
Sq Ft
$121/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Porch
- Patio
- 1 Fireplace
- 2 Car Attached Garage
- Park
About This Home
As of February 2023Beautiful 5 bedroom Colonial only 2 years old, built by K Hovanian with many amenities and open floor plan located in The Landings at Martin's Run subdivision. Home has been well maintained and as you enter the foyer, home was custom built with a main floor bedroom and full bath. As you enter the carpeted great room there is an electric fireplace, recessed lighting and windows for plenty of light. Open floor plan includes a dining room with slider door leading to the large fully vinyl fenced in back yard with concrete Patio. The spacious white Kitchen has an island for more storage, stainless appliances, kitchen pantry, and a door that leads to the upgraded deep 2 car garage. Upper level has a large carpeted owner's suite with full bath and large walk in closet. Utility room is conveniently located down the hall on upper level & has washer/dryer. There is a full bath and 3 large carpeted guest rooms with plenty of closet space and 2 inch blinds throughout. Basement is unfinished but has many possibilities and plenty of storage. HOA is $325 annually and includes a walking path, park/play area for kids, swings & pavilion. Home is close to the lake, downtown Amherst and Lorain, Rt 2 and 30 min to Cleveland and Sandusky. Home has 13 years left on tax abatement-BIG Savings!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,067
Year Built
- Built in 2020
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 52x97
- Northeast Facing Home
- Vinyl Fence
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
- 2-Story Property
- 1 Fireplace
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 02-02-012-114-204
Community Details
Overview
- Association fees include insurance, property management, reserve fund
- Landings At Martins Run Community
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2022
Closed on
Feb 22, 2023
Sold by
Kokoski Susan L
Bought by
Romes Christoptier Shawn and Hopkins Cortney
Seller's Agent
Gail Maier
Howard Hanna
Buyer's Agent
David Gresko
EXP Realty, LLC.
List Price
$335,000
Sold Price
$299,000
Premium/Discount to List
-$36,000
-10.75%
Total Days on Market
101
Views
109
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
$36,180
Avg. Annual Appreciation
5.14%
Original Mortgage
$293,584
Outstanding Balance
$286,274
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$48,906
Purchase Details
Closed on
Jul 20, 2020
Sold by
K Hovnanian Landinvgs 40S Llc
Bought by
Kokoski Susan L and Ekleberry Clark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2020
Sold by
Lorain Landings Development Co Llc
Bought by
K Hovanian Landings 40 S Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3%
Mortgage Type
New Conventional
Similar Homes in Lorain, OH
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Romes Christoptier Shawn | $299,000 | -- | |
| Kokoski Susan L | $56,000 | None Available | |
| K Hovanian Landings 40 S Llc | $121,000 | Examco Title Services |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Romes Christoptier Shawn | $293,584 | |
| Previous Owner | Kokoski Susan L | $108,000 | |
| Previous Owner | K Hovnanian Landings 40S Llc | $220,092,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2023 02/27/23 | Sold | $299,000 | 0.0% | $108 / Sq Ft |
| 01/11/2023 01/11/23 | Pending | -- | -- | -- |
| 01/04/2023 01/04/23 | Price Changed | $299,000 | -3.2% | $108 / Sq Ft |
| 11/10/2022 11/10/22 | Price Changed | $309,000 | -3.4% | $112 / Sq Ft |
| 10/25/2022 10/25/22 | Price Changed | $320,000 | -2.7% | $116 / Sq Ft |
| 10/14/2022 10/14/22 | Price Changed | $329,000 | -1.8% | $119 / Sq Ft |
| 10/02/2022 10/02/22 | For Sale | $335,000 | -- | $121 / 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
-
Gail Maier
Seller's Agent in 2023
Gail Maier
Howard Hanna
(440) 371-1618
18 in this area
65 Total Sales
-
David Gresko
Buyer's Agent in 2023
David Gresko
EXP Realty, LLC.
(440) 835-8300
5 in this area
96 Total Sales
-
A
Buyer Co-Listing Agent in 2023
Angela Burgess
Deleted Agent
(440) 339-9922
Map
Source: MLS Now
MLS Number: 4413335
APN: 02-02-012-114-204
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