NOT LISTED FOR SALE

3838 Reserve Trail Lorain, OH 44053

Estimated Value: $275,000 - $402,000

3 Beds
2 Baths
2,092 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 16, 2012

Last sale price $156,500 $75 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,195/month

14 Days on Market

Highlights

  • 0.64 Acre Lot
  • Wooded Lot
  • Porch
  • Deck
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of November 2012

This is a Fannie Mae HomePath FirstLook Property. Purchase this property for as little as 3% down. Eligible for HomePath Renovation Mortgage. Visit the HomePath website for details. Large ranch with private treed back yard and full basement. Besides formal dining room and great room with gas fireplace house has an eat in kitchen. Master bedroom has a jetted garden tub. Additional den, first floor laundry and composite deck make this one spectacular buy.

Last Agent to Sell the Property

Mike Schrull

Deleted Agent License #438396 Listed on: 09/19/2012

Last Buyer's Agent

Debora Ferrara

Russell Real Estate Services License #2003001634

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,736

Year Built

  • Built in 2006

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 52x182
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,092 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-001-108-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,736

Year Built

Built in 2006

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 74.81
  • Num Of Stories: 1.00
  • Total Sq Ft: 2092
  • Year Built: 2006
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances Equipment: Sump Pump
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Room Count: 10
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 2092
  • Estimated Total Living Area: 2092
  • Estimated Sq Ft: 2092

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Deck, Porch, Storage Shed/Out Bld
  • 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: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Continental Management

Schools

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

Lot Info

  • Lot Dimensions: 52x182
  • Lot Description: Wooded/Treed
  • Lot Size Area Sq Ft: 27791.0000
  • Lot Size Frontage: 52
  • Lot Size Units: Acres
  • Price Per Acre: 245297.81
  • Acres: 0.6380
  • Parcel Number: 02-03-001-108-056

Tax Info

  • Tax: 3736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2012
Closed on
Oct 22, 2012
Sold by
Fannie Mae
Bought by
Alvarado Elias and Alvarado Rayetta
Seller's Agent
Mike Schrull
Deleted Agent
Buyer's Agent
Debora Ferrara
Russell Real Estate Services
List Price
$156,500
Sold Price
$156,500
Current Estimated Value
$346,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,810
Avg. Annual Appreciation
6.71%
Original Mortgage
$153,664
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2012
Sold by
Hering Dennis
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,664
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2006
Sold by
Nichols Construction Inc
Bought by
Hering Dennis and Hering Lillian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
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.

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

Purchase History

Date Buyer Sale Price Title Company
Alvarado Elias $106,500 Intitle Agency Inc
Federal National Mortgage Association $110,000 None Available
Hering Dennis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Elias $153,664
Previous Owner Hering Dennis $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2012 11/16/12 Sold $156,500 0.0% $75 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $156,500 -- $75 / 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 $4,012 $97,300 $26,950 $70,350
2023 $4,633 $89,954 $23,842 $66,112
2022 $4,592 $89,954 $23,842 $66,112
2021 $4,592 $89,954 $23,842 $66,112
2020 $4,424 $75,280 $19,950 $55,330
2019 $4,398 $75,280 $19,950 $55,330
2018 $4,401 $75,280 $19,950 $55,330
2017 $4,455 $71,850 $21,000 $50,850
2016 $4,419 $71,850 $21,000 $50,850
2015 $4,169 $71,850 $21,000 $50,850
2014 $4,159 $71,850 $21,000 $50,850
2013 $4,244 $71,850 $21,000 $50,850
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mike Schrull

    Deleted Agent

  • D

    Buyer's Agent in 2012

    Debora Ferrara

    Russell Real Estate Services

    (440) 823-6082

    5 in this area

    19 Total Sales

    Debora Ferrara
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3352447

MLS Now

APN: 02-03-001-108-056

Ohio Lorain County Lorain 44053

3838 Reserve Trail, Lorain, OH

This home is located at 3838 Reserve Trail, Lorain, OH 44053 since 19 September 2012 and is currently estimated at $346,310, approximately $165 per square foot. This property was built in 2006. 3838 Reserve Trail 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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes