NOT LISTED FOR SALE

3940 Murdock Dr Lorain, OH 44053

Estimated Value: $320,779 - $329,000

3 Beds
2 Baths
1,752 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $222,849 $127 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,904/month

14 Days on Market

Highlights

  • New Construction
  • 2 Car Direct Access Garage
  • Park
  • Wooded Lot
  • Community Playground
  • Home Security System

About This Home

As of July 2019

This Easton ranch style home will be move in ready in June in the beautiful community of Martin's Run. This home offers over 1750 sq. ft. of living space. The open floorplan gives this home an open and inviting feel. We have included so many features in this home, including spacious 8 ft full basement, stone on the front of the house, stainless appliances included, and granite! During your visit, ask about the tremendous savings available through the City of Lorain's 15 Year Tax Abatement program applicable to those living in the Landings at Martin's Run. Buying new is more affordable than you think!

Last Agent to Sell the Property

Scott Phillips

Keller Williams Greater Metropolitan License #2007004103 Listed on: 04/19/2019

Keller Williams Greater Metropolitan

Co-Listed By

Michelle Arocho

Deleted Agent License #2016000302

Last Buyer's Agent

Kerri Johnson

Russell Real Estate Services License #2005012553

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $988

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50x130
  • South Facing Home
  • Wooded Lot

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-012-114-154

Community Details

Overview

  • Association fees include insurance, property management, reserve fund
  • Martin's Run Community

Amenities

  • Shops

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$988

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 127.20
  • Estimated Price per Sq Ft: 127.20
  • Year Built Exception: New Construction
  • Num Of Stories: 1.00
  • Total Sq Ft: 1752
  • Year Built: 2019
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2019

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Security System, Smoke Detector, Sump Pump
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 6
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 1752.00
  • Sq Ft Approx Total Finished: 1752.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, 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

Association/Amenities

  • Amenities: Park, Playground, Shopping/Mall

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Martin's Run Homeowners Association
  • Subdivision Complex: Martin's Run

Fee Information

  • HOA Fee Includes: Association Insurance, Property Management, Reserve Fund

Schools

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

Lot Info

  • Lot Dimensions: 50x130
  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.1492
  • Parcel Number: 02-02-012-114-154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 11, 2019
Sold by
K Hovananian Landings 40S Llc
Bought by
Jones Stephanie Marie
Seller's Agent
Scott Phillips
Keller Williams Greater Metropolitan
Buyer's Agent
Kerri Johnson
Russell Real Estate Services
List Price
$221,608
Sold Price
$222,849
Premium/Discount to List
$1,241
0.56%
Current Estimated Value
$325,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,195
Avg. Annual Appreciation
5.49%
Original Mortgage
$218,812
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2019
Sold by
Lorain Landings Development Co Llc
Bought by
K Hovnanian Landings 40S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000,000
Interest Rate
4.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Jones Stephanie Marie $222,900 Millennium Title Agency
K Hovnanian Landings 40S Llc $156,600 Examco Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Stephanie Marie $218,068
Closed Jones Stephanie Marie $218,812
Previous Owner K Hovnanian Landings 40S Llc $125,000,000
Previous Owner K Hovnanian Landings 40S Llc $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2019 07/11/19 Sold $222,849 +0.6% $127 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $221,608 -- $126 / 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 $988 $23,968 $21,875 $2,093
2023 $1,168 $22,687 $20,913 $1,775
2022 $1,158 $22,687 $20,913 $1,775
2021 $1,067 $20,913 $20,913 $0
2020 $1,029 $17,500 $17,500 $0
2019 $0 $14,000 $14,000 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4088591

MLS Now

APN: 02-02-012-114-154