3966 Palm Ave Lorain, OH 44055
Estimated Value: $121,000 - $145,000
3
Beds
1
Bath
1,090
Sq Ft
$122/Sq Ft
Est. Value
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 2021WHY 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
Russell Real Estate Services License #2005014597 Listed on: 06/14/2021
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,570
Avg. Annual Appreciation
10.84%
Original Mortgage
$394,527
Outstanding Balance
$363,079
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
-$225,033
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
Similar Homes in Lorain, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $30,000 | |
| Previous Owner | Krevinko Deborah | $85,615 | |
| 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
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
62 in this area
100 Total Sales
-
Kerri Hensel
Buyer's Agent in 2021
Kerri Hensel
Simply Better Realty, LLC
(614) 937-3490
2 in this area
142 Total Sales
Map
Source: MLS Now
MLS Number: 4288585
APN: 03-00-079-102-009
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