NOT LISTED FOR SALE

3723 Palm Ave Lorain, OH 44055

Estimated Value: $122,000 - $152,000

3 Beds
2 Baths
1,090 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $120,000 $110 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $893/month

49 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • No HOA
  • Hot Water Heating System

About This Home

As of April 2024

Welcome to 3723 Palm Avenue! This charming cape cod sits on a corner lot in the heart of South Lorain. It features 3 bedrooms and 2 full bathrooms. You will find the first two bedrooms on the main floor. The third bedroom is upstairs and could be used as a spacious master suite which features a large closet as well as its own full bathroom. The living room is spacious, yet cozy which is perfect for those cold Ohio winter nights! The eat-in kitchen is tastefully updated and ready to host your next dinner. The only thing missing is its new owner to enjoy for years to come.

Last Agent to Sell the Property

Adrian Calez

House to Home Real Estate Professionals, LLC. Brokerage Email: 440-937-8004 aprice@h2hrealtors.com License #2021008079 Listed on: 01/03/2024

Last Buyer's Agent

Paty Opron

Howard Hanna License #2007003706

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1945

Lot Details

  • 8,276 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,090 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Utilities

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

Community Details

  • No Home Owners Association
  • Homewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-080-105-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1945
  • Attribution Contact: 440-937-8004 aprice@h2hrealtors.com
  • Subdivision Name: Homewood
  • Above Grade Finished Sq Ft: 1090.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished, Sump Pump
  • Basement: Yes
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Back Yard
  • Acres: 0.19
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-080-105-001
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1468.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Apr 3, 2024
Sold by
Renney Anna M and Leibas Anna M
Bought by
Rosa Sonia M Vazquez
Seller's Agent
Adrian Calez
House to Home Real Estate Professionals, LLC.
Buyer's Agent
Paty Opron
Howard Hanna
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
238
Current Estimated Value
$134,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,240
Avg. Annual Appreciation
5.46%
Original Mortgage
$6,000
Outstanding Balance
$5,942
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$121,625

Purchase Details

Closed on
Nov 27, 1999
Sold by
Partlow David D
Bought by
Renney Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
7.9%

Purchase Details

Closed on
Sep 6, 1996
Sold by
Nunez Jose A
Bought by
Partlow David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
8.27%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Rosa Sonia M Vazquez $120,000 Erieview Title Agency
Renney Anna M $76,500 --
Partlow David D $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosa Sonia M Vazquez $6,000
Open Rosa Sonia M Vazquez $117,826
Previous Owner Leibas Anna $96,662
Previous Owner Leibas Anna $79,900
Previous Owner Renney Anna M $13,000
Previous Owner Renney Anna M $15,000
Previous Owner Renney Anna M $77,000
Previous Owner Renney Anna M $70,000
Previous Owner Renney Anna M $63,500
Previous Owner Partlow David D $49,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $120,000 -3.9% $110 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $124,900 -3.8% $115 / Sq Ft
01/22/2024 01/22/24 For Sale $129,900 0.0% $119 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $129,900 -- $119 / 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 $1,735 $42,091 $11,760 $30,331
2023 $1,481 $28,753 $7,042 $21,711
2022 $1,468 $28,753 $7,042 $21,711
2021 $1,468 $28,753 $7,042 $21,711
2020 $1,361 $23,150 $5,670 $17,480
2019 $1,353 $23,150 $5,670 $17,480
2018 $1,353 $23,150 $5,670 $17,480
2017 $1,400 $22,580 $7,680 $14,900
2016 $1,389 $22,580 $7,680 $14,900
2015 $1,310 $22,580 $7,680 $14,900
2014 $1,251 $21,610 $7,350 $14,260
2013 $1,241 $21,610 $7,350 $14,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5009302

MLS Now

APN: 03-00-080-105-001