$120,000
SOLD JUL 18, 2025

3756 Palm Ave Lorain, OH 44055

4 Beds
2 Baths
1,792 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

4% Below List Price

56 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of July 2025

Classic Homewood 2-Family. Excellent income. Vinyl sided with a two car detached garage. Room for improvement with the rent numbers. Do not miss this one! It is an excellent find!

Last Agent to Sell the Property

Matthew Klein

Walnut Creek Realty, LLC. Brokerage Phone: 216-785-2345 License #2018000266 Listed on: 05/05/2025

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1946

Lot Details

  • 4,792 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence

Parking

  • 2 Car Detached Garage
  • Unpaved Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Homewood Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 03-00-080-104-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,976

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1946
  • Attribution Contact: 216-785-2345, 216-785-2345
  • ResoLotFeatures: City Lot
  • Subdivision Name: Homewood Add
  • Above Grade Finished Sq Ft: 1792.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial, Privacy
  • Acres: 0.11
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Unpaved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-080-104-023

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Heat

Tax Info

  • Tax Annual Amount: 1976.0

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $120,000 -3.9% $67 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $124,900 +135.7% $70 / Sq Ft
01/17/2020 01/17/20 Sold $53,000 -15.2% $30 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $62,500 -- $35 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5120077

MLS Now