NOT LISTED FOR SALE

3952 Murdock Dr Lorain, OH 44053

Estimated Value: $335,000 - $376,000

4 Beds
2.5 Baths
2,415 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $227,395 $94 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,005/month

12 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Shops
  • Colonial Architecture
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Located in the beautiful Martin's Run community this quick move in, the Wellington, is a 4 bedroom, 2.5 bath home with over 2,400 sq. ft. Upgrades include a morning room, stainless appliances, stone front exterior, 8 ft basement, recessed lighting packages, and much more! Martin's Run is minutes from I-90, the sandy shores of Lake Erie, shopping and dining. During your visit, ask about the tremendous savings available with 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

Richard Kropf

Russell Real Estate Services License #2003013029

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 2019 | New Construction

Lot Details

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

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,415 Sq Ft Home
  • 2-Story Property

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-012-114-156

Community Details

Overview

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

Amenities

  • Shops

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$800

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: Colonial
  • House Faces: South
  • Price Per Square Foot: 94.16
  • Estimated Price per Sq Ft: 94.16
  • Year Built Exception: New Construction
  • Num Of Stories: 2.00
  • Total Sq Ft: 2415
  • Year Built: 2019
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2019

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Smoke Detector, Sump Pump
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 2415.00
  • Sq Ft Approx Total Finished: 2415.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • 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: 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 Size Units: Acres
  • Acres: 0.1492
  • Parcel Number: 02-02-012-114-156

Tax Info

  • Tax: 800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 20, 2019
Sold by
K Hovnanian Landigns 40S Llc
Bought by
Tegeder Herbert Russell and Tegeder Shae Lynn
Seller's Agent
Scott Phillips
Keller Williams Greater Metropolitan
Buyer's Agent
Richard Kropf
Russell Real Estate Services
List Price
$229,395
Sold Price
$227,395
Premium/Discount to List
-$2,000
-0.87%
Current Estimated Value
$358,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,503
Avg. Annual Appreciation
6.82%
Original Mortgage
$204,650
Outstanding Balance
$181,475
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$161,104

Purchase Details

Closed on
Mar 11, 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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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
Tegeder Herbert Russell $227,400 Millennium Title Agency
K Hovnanian Landings 40S Llc $117,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tegeder Herbert Russell $204,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $227,395 -0.9% $94 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $229,395 -- $95 / 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 $902 $21,875 $21,875 --
2023 $1,077 $20,913 $20,913 $0
2022 $1,095 $20,913 $20,913 $0
2021 $1,095 $20,913 $20,913 $0
2020 $1,055 $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: 4088607

MLS Now

APN: 02-02-012-114-156