NOT LISTED FOR SALE

3843 Reserve Trail Lorain, OH 44053

Estimated Value: $373,000 - $441,404

3 Beds
2.5 Baths
2,206 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $244,900 $111 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,510/month

5 Days on Market

Highlights

  • In Ground Pool
  • Cul-De-Sac
  • Humidifier
  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of May 2017

Mission Accomplished! You just found your dream home. This three bedroom Cape Cod offers open floor plan, spacious kitchen with island, granite counter tops, plenty of cabinet and counter space, ceramic foyer entrance, adjacent to living room where the fireplace is the center of attention, MASSIVE master bedroom with lots of natural light, professionally designed shower area...you may never want to leave. full unfinished basement and plumbed for a bath so, bring your ideas, attached garage, picturesque backyard with in-ground pool, black aluminum fence, private yard backs up to Metro Park, Unconfining design & footage combine for real live-ability. Call Today!

Last Agent to Sell the Property

Andrea Neal

Russell Real Estate Services License #2004002356 Listed on: 02/24/2017

Russell Real Estate Services

Last Buyer's Agent

Steve Junker

RE/MAX Above & Beyond License #2016000959

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,163

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 48x200
  • Cul-De-Sac
  • North Facing Home
  • Irregular Lot

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,206 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Pool

  • In Ground Pool

Utilities

  • Air Filtration System
  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Reserve Trail Association
  • Reserve/Martins Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-03-001-108-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,163

Year Built

Built in 2005

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 2005
  • ResoLotFeatures: Cul-De-Sac, Irregular Lot
  • ResoPoolFeatures: In Ground
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: None
  • Subdivision Name: Reserve/Martins Run
  • Above Grade Finished Sq Ft: 2206.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Air Filtration, Central Vacuum
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Sump Pump
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Humidifier, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Main Level Bathrooms: 2
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Other
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: North

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Drain, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Other
  • Heating: Forced Air, Fireplace(s), Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Annually
  • Association Name: Reserve Trail
  • Association: Yes

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-03-001-108-053
  • Lot Dimensions: 48x200
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5163.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Apr 30, 2017
Sold by
Palowitch Thomas and Palowitch Kathleen
Bought by
Kremer Frederic J and Kremer Rutii M
Seller's Agent
Andrea Neal
Russell Real Estate Services
Buyer's Agent
Steve Junker
RE/MAX Above & Beyond
List Price
$239,900
Sold Price
$244,900
Premium/Discount to List
$5,000
2.08%
Current Estimated Value
$399,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,701
Avg. Annual Appreciation
6.06%
Original Mortgage
$244,900
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Listed on
Aug 24, 2015
Closed on
Jan 4, 2016
Sold by
Ray Robert B
Bought by
Palowitch Thomas and Palowitch Kathleen
Seller's Agent
Gary Dodson
Howard Hanna
Buyer's Agent
Michelle Sanders
Cutler Real Estate
List Price
$214,900
Sold Price
$200,000
Premium/Discount to List
-$14,900
-6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.06%

Purchase Details

Closed on
Nov 29, 2005
Sold by
Nichols Construction Inc
Bought by
Ray Robert B
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
Kremer Frederic J -- Chicago Title
Palowitch Thomas $200,000 Miller Home Title
Ray Robert B $252,600 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kremer Frederic J $241,871
Closed Kremer Frederic J $239,168
Closed Kremer Frederic J $244,900
Previous Owner Palowitch Thomas $180,000
Previous Owner Ray Robert B $185,940
Previous Owner Ray Robert B $161,000
Previous Owner Ray Robert B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $244,900 +2.1% $111 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $239,900 +20.0% $109 / Sq Ft
02/11/2016 02/11/16 Sold $200,000 -6.9% $91 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
08/24/2015 08/24/15 For Sale $214,900 -- $97 / 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 $4,369 $125,496 $26,950 $98,546
2023 $4,188 $99,586 $23,842 $75,744
2022 $4,193 $99,586 $23,842 $75,744
2021 $5,086 $99,586 $23,842 $75,744
2020 $4,901 $83,340 $19,950 $63,390
2019 $4,872 $83,340 $19,950 $63,390
2018 $4,976 $83,340 $19,950 $63,390
2017 $5,077 $81,790 $21,000 $60,790
2016 $5,163 $81,790 $21,000 $60,790
2015 $4,878 $81,790 $21,000 $60,790
2014 $4,867 $81,790 $21,000 $60,790
2013 $4,830 $81,790 $21,000 $60,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3880409

MLS Now

APN: 02-03-001-108-053