NOT LISTED FOR SALE

3982 Palm Ave Lorain, OH 44055

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

Sale Details

Date 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
  • Driveway

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
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now (Howard Hanna)

MLS Number: 4457639

MLS Now (Howard Hanna)

APN: 03-00-079-102-010

Your Personal Tour Guide

Ask me questions while you tour the home.