NOT LISTED FOR SALE

3982 Palm Ave Lorain, OH 44055

5 Beds
2 Baths
1,830 Sq Ft
7,366 Sq Ft Lot

Last Sold July 24, 2023

Last sale price $140,000 $77 Per Sq Ft

10 Days on Market

About This Home

As of July 2023

South Lorain large duplex, Money maker for the savvy investor with great cash flow. 3 bedrooms down and 2 bedrooms up, 2 full baths. Ready to rent with minimal cleanup. Conveniently located to major highways and shopping. Full basement and garage.

Last Agent to Sell the Property

Gary Dodson

Howard Hanna License #290885 Listed on: 05/09/2023

Howard Hanna

Co-Listed By

Natalie Iafolla

Howard Hanna License #2014004565

Last Buyer's Agent

Nikki Harsa

Russell Real Estate Services License #2005014597

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,948

Year Built

  • Built in 1949

Lot Details

  • 7,366 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Homewood Community

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 03-00-079-102-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,948

Year Built

Built in 1949

Lot Details

7,366 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 76.50
  • Estimated Price per Sq Ft: 76.50
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1830
  • Year Built: 1949
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Appliances Equipment: Sump Pump
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1830.00
  • Sq Ft Approx Total Finished: 1830.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Homewood

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1691
  • Parcel Number: 03-00-079-102-010

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1948
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $140,000 -6.7% $77 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $150,000 -- $82 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $2,105 $49,805 $10,780 $39,025
2023 $1,871 $35,424 $6,454 $28,970
2022 $1,855 $35,424 $6,454 $28,970
2021 $1,855 $35,424 $6,454 $28,970
2020 $1,720 $28,520 $5,200 $23,320
2019 $1,710 $28,520 $5,200 $23,320
2018 $1,650 $28,520 $5,200 $23,320
2017 $1,589 $24,970 $6,030 $18,940
2016 $1,576 $24,970 $6,030 $18,940
2015 $1,489 $24,970 $6,030 $18,940
2014 $1,422 $23,900 $5,780 $18,120
2013 $1,412 $23,900 $5,780 $18,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4457639

MLS Now (Howard Hanna)

APN: 03-00-079-102-010

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