NOT LISTED FOR SALE

3900 Palm Ave Lorain, OH 44055

Estimated Value: $136,000 - $163,000

3 Beds
2 Baths
1,353 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $125,000 $92 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $926/month

19 Days on Market

Highlights

  • Cape Cod Architecture
  • Cooling System Mounted To A Wall/Window
  • 1 Car Garage
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2024

Discover your new home at 3900 Palm Avenue with this charming 3-bedroom, 2-bathroom residence, boasting a cozy yet spacious 1,353 sq. feet of living space. This well-maintained property has been lovingly owned by the same family since 1959, ensuring a home rich in history, love, and care. Step onto the inviting covered front porch, perfect for morning coffees or evening relaxation. The home features an enclosed back patio, ideal for entertaining, quiet moments, a playroom or storage and overlooking a fenced-in backyard that promises privacy and a place to relax with family, pets, and friends. A convenient workshop, connected to the garage, offers additional space for hobbies & projects. Inside, the house comes fully equipped with essential appliances that stay, including a vertical basement freezer, a newer washer & dryer, a stove, 4 window A/C units, and a refrigerator, ensuring a seamless move-in experience. The back family room is warmed by a gas heater on the wall, creating a cozy retreat for colder evenings. The main floor bathroom is newer & thoughtfully equipped with a high boy toilet and wall railings, enhancing accessibility and comfort. The basement, professionally waterproofed by Daniel's Waterproofing, and a new electric box in the basement, add to the home’s appeal, ensuring peace of mind and a solid foundation for your family’s future. This home, a blend of comfort, convenience, and history, awaits its next chapter with you. Don't miss out on this opportunity to create new memories in a home that has been cherished for generations. Schedule your showing today and step into a home where every corner tells a story. Let this be the backdrop to your family's next adventure.

Last Agent to Sell the Property

Joshua Hammond

Russell Real Estate Services Brokerage Email: hammond@swanzer.com 440-506-1036 License #2020007502 Listed on: 03/05/2024

Russell Real Estate Services

Last Buyer's Agent

Steven Lawson

Russell Real Estate Services License #2020000096

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 1,353 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Freezer

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Homewood Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-080-107-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,648

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1948
  • Attribution Contact: hammond@swanzer.com 440-506-1036
  • Subdivision Name: Homewood Add
  • Above Grade Finished Sq Ft: 1353.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Back Yard
  • Acres: 0.16
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • 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: 03-00-080-107-014
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
May 6, 2024
Sold by
Conley Joseph and Mellen Susan
Bought by
Novak Laura
Seller's Agent
Joshua Hammond
Russell Real Estate Services
Buyer's Agent
Steven Lawson
Russell Real Estate Services
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Views
49
Current Estimated Value
$152,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,300
Avg. Annual Appreciation
12.25%
Original Mortgage
$121,250
Outstanding Balance
$119,547
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$32,753

Purchase Details

Closed on
May 1, 2017
Sold by
Conley Roy H and Conley Elizabeth Ann
Bought by
Conley Joseph and Mellen Susan

Purchase Details

Closed on
Apr 28, 2017
Sold by
Cendrosky Patricia Ann
Bought by
Conley Joseph and Mellen Susan
Source: Public Records
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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
Novak Laura $125,000 American Patriot Title
Conley Joseph -- --
Conley Joseph $20,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Laura $121,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $125,000 -13.8% $92 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $145,000 -3.3% $107 / Sq Ft
03/05/2024 03/05/24 For Sale $150,000 -- $111 / 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 $1,656 $39,200 $10,584 $28,616
2023 $1,648 $31,192 $6,339 $24,854
2022 $1,634 $31,192 $6,339 $24,854
2021 $1,634 $31,192 $6,339 $24,854
2020 $1,514 $25,110 $5,100 $20,010
2019 $1,506 $25,110 $5,100 $20,010
2018 $835 $25,110 $5,100 $20,010
2017 $816 $21,910 $5,930 $15,980
2016 $809 $21,910 $5,930 $15,980
2015 $764 $21,910 $5,930 $15,980
2014 $707 $20,960 $5,670 $15,290
2013 $701 $20,960 $5,670 $15,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5021752

MLS Now

APN: 03-00-080-107-014