NOT LISTED FOR SALE

3966 Palm Ave Lorain, OH 44055

Estimated Value: $128,000 - $149,000

3 Beds
1 Bath
1,090 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $92,500 $85 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $882/month

6 Days on Market

Highlights

  • City View
  • 1 Car Detached Garage
  • East Facing Home
  • Cape Cod Architecture
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of August 2021

WHY WASTE MONEY ON RENT? Check out this affordable, 3 bdrm craftsmen style gem hidden on the South side of Lorain. This dream home features hardwood floors throughout, a large park-like yard and a large 1 and half car garage! This cute home is located near highways that lead right to shopping, dining, and entertainment! AND CHECK OUT THAT PRICE! The 2nd floor master is full of build in storage, quaint lil' dormers and plenty of shelves and closet space- the perfect personal club house! The basement has been waterproofed and is ready for your finishing touches, imagine your game room, rec room, movie theater! This is the deal you've been looking for, in this market! Schedule your private tour today!

Last Agent to Sell the Property

Nikki Harsa

Russell Real Estate Services License #2005014597 Listed on: 06/14/2021

Russell Real Estate Services

Last Buyer's Agent

Kerri Hensel

Simply Better Realty, LLC License #2022004989

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,354

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.09 x 145
  • East Facing Home
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,090 Sq Ft Home
  • 1-Story Property
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Homewood Add Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-079-102-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,354

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow, Cape Cod
  • House Faces: East
  • Price Per Square Foot: 84.86
  • Estimated Price per Sq Ft: 84.86
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1090
  • Year Built: 1949
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1090.00
  • Sq Ft Approx Total Finished: 1090.00

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Fences: Chain Link, Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Homewood Add

Schools

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

Lot Info

  • Lot Dimensions: 50.09 X 145
  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 03-00-079-102-009

Tax Info

  • Tax: 1354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Aug 6, 2021
Sold by
Garcia Julie
Bought by
Delvecchio Ryan Christopher
Seller's Agent
Nikki Harsa
Russell Real Estate Services
Buyer's Agent
Kerri Hensel
Simply Better Realty, LLC
List Price
$89,900
Sold Price
$92,500
Premium/Discount to List
$2,600
2.89%
Current Estimated Value
$141,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,781
Avg. Annual Appreciation
9.18%
Original Mortgage
$394,527
Outstanding Balance
$363,079
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
-$230,009

Purchase Details

Closed on
Apr 18, 2018
Sold by
Starkey Teresa
Bought by
Garcia Julie

Purchase Details

Closed on
Feb 17, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Starkey Teresa and Garcia Julie

Purchase Details

Closed on
Apr 14, 2008
Sold by
Krevinko Deborah A
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 13, 2001
Sold by
Homola Joseph A
Bought by
Krevinko Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,686
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Delvecchio Ryan Christopher $92,500 Newman
Garcia Julie -- None Available
Starkey Teresa $35,000 Lakeside Title & Escrow Agen
Secretary Of Housing & Urban Development $50,000 None Available
Krevinko Deborah A $85,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delvecchio Ryan Christopher $394,527
Previous Owner Krevinko Deborah A $83,686
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $92,500 +2.9% $85 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $89,900 -- $82 / 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 $1,601 $38,829 $10,682 $28,147
2023 $1,436 $27,881 $6,398 $21,483
2022 $1,423 $27,881 $6,398 $21,483
2021 $1,460 $27,881 $6,398 $21,483
2020 $1,354 $22,450 $5,150 $17,300
2019 $1,310 $22,420 $5,150 $17,270
2018 $1,311 $22,420 $5,150 $17,270
2017 $1,266 $20,410 $5,980 $14,430
2016 $1,255 $20,410 $5,980 $14,430
2015 $1,184 $20,410 $5,980 $14,430
2014 $1,130 $19,530 $5,720 $13,810
2013 $1,122 $19,530 $5,720 $13,810
Source: Public Records

Agents Affiliated with this Home

  • Nikki Harsa

    Seller's Agent in 2021

    Nikki Harsa

    Russell Real Estate Services

    (440) 240-3444

    61 in this area

    94 Total Sales

    Nikki Harsa
    Section Image
  • Kerri Hensel

    Buyer's Agent in 2021

    Kerri Hensel

    Simply Better Realty, LLC

    (614) 937-3490

    2 in this area

    144 Total Sales

    Kerri Hensel
    Section Image
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Map

Source: MLS Now

MLS Number: 4288585

MLS Now

APN: 03-00-079-102-009

Ohio Lorain County Lorain 44055

3966 Palm Ave, Lorain, OH

This home is located at 3966 Palm Ave, Lorain, OH 44055 since 14 June 2021 and is currently estimated at $141,281, approximately $129 per square foot. This property was built in 1949. 3966 Palm Ave is a home located in Lorain County with nearby schools including Helen Steiner Rice Elementary School, Southview 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.

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