NOT LISTED FOR SALE

3514 Magnolia Dr Lorain, OH 44053

Estimated Value: $326,000 - $363,000

5 Beds
3 Baths
2,760 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $299,000 $108 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,942/month

101 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Patio
  • 1 Fireplace
  • 2 Car Attached Garage
  • Park

About This Home

As of February 2023

Beautiful 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!

Last Agent to Sell the Property

Gail Maier

Howard Hanna License #2011001229 Listed on: 10/02/2022

Howard Hanna

Last Buyer's Agent

David Gresko

EXP Realty, LLC. License #2012002216

EXP Realty, LLC.

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,067

Year Built

Built in 2020

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: Northeast
  • Price Per Square Foot: 132.30
  • Estimated Price per Sq Ft: 132.30
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2260
  • Year Built: 2020
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Sump Pump, Washer
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2260.00
  • Sq Ft Approx Below Grade Finished: 500.00
  • Sq Ft Approx Total Finished: 2760.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio, Porch
  • Fences: Vinyl/Plastic
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Other, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Martin's Run
  • Subdivision Complex: Landings at Martins Run

Fee Information

  • HOA Fee Includes: Association Insurance, Property Management, Reserve Fund

Schools

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

Lot Info

  • Lot Dimensions: 52x97
  • Lot Size Units: Acres
  • Acres: 0.1100
  • Parcel Number: 02-02-012-114-204
  • LandLeaseYN: No

Tax Info

  • Tax: 1067

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%
Views
109
Current Estimated Value
$348,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,443
Avg. Annual Appreciation
4.54%
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
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
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

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 $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

    17 in this area

    60 Total Sales

    Gail Maier
    Section Image
  • David Gresko

    Buyer's Agent in 2023

    David Gresko

    EXP Realty, LLC.

    (440) 835-8300

    5 in this area

    97 Total Sales

    David Gresko
    Section Image

  • A

    Buyer Co-Listing Agent in 2023

    Angela Burgess

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4413335

MLS Now

APN: 02-02-012-114-204

Ohio Lorain County Lorain 44053

3514 Magnolia Dr, Lorain, OH

This home is located at 3514 Magnolia Dr, Lorain, OH 44053 since 02 October 2022 and is currently estimated at $348,443, approximately $126 per square foot. This property was built in 2020. 3514 Magnolia Dr is a home located in Lorain County 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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