4216 Fairbanks Ct Lorain, OH 44053
3
Beds
2
Baths
1,761
Sq Ft
0.33
Acres
Highlights
- Spa
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
- 1 Fireplace
- Patio
- South Facing Home
About This Home
As of April 2024Practically new, less than new construction, and ready for possession. This well maintained maintenance free home presents its self well from the start with amazing curb appeal and a superb entrance located on a cozy cul-de-sak. Long spacious foyer leads to amazing great room with fireplace, formal eating area, and huge cathedral ceilings offering a well-designed showcase for visitors. Functionally designed kitchen over looks great room and offers additional seating with a large breakfast bar that creates a perfect atmosphere for entertaining. Formal eating area opens to a quaint and cozy sun room that leads to a private fenced patio area with hot tub. Master suite is above average in size and offers a large master bath with 3 closets, one walk-in. Luxury and maintenance free living is here and perfect for busy people who need a little extra room.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,834
Year Built
- Built in 2003
Lot Details
- 0.33 Acre Lot
- South Facing Home
- Vinyl Fence
HOA Fees
- $75 Monthly HOA Fees
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,761 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Spa
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- $370 Annual Maintenance Fee
- Association fees include landscaping, property management, snow removal
- Martins Run Village Community
Listing and Financial Details
- Assessor Parcel Number 02-02-011-000-081
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2024
Closed on
Apr 25, 2024
Sold by
John G Krohe & Phyllis G Krohe Family Tr and Krohe John
Bought by
Barckert Jerod
Seller's Agent
Joyce White
Russell Real Estate Services
Buyer's Agent
Denise Rakich
Russell Real Estate Services
List Price
$219,000
Sold Price
$219,000
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$90,000
Outstanding Balance
$88,872
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$158,237
Purchase Details
Closed on
Feb 21, 2022
Sold by
Krohe Phyllis G
Bought by
Krohe John G and Krohe Phyllis
Purchase Details
Listed on
May 1, 2015
Closed on
Jun 24, 2015
Sold by
Parks Gertrude D
Bought by
Krohe Phyllis
Seller's Agent
Artnetta Vines
Howard Hanna
Buyer's Agent
Denise Rakich
Russell Real Estate Services
List Price
$144,900
Sold Price
$144,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$65,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 18, 2003
Sold by
Oster Construction Inc
Bought by
Parks Gertrude D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,050
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $219,000 | None Listed On Document | |
| Warranty Deed | -- | Surety Title | |
| Warranty Deed | $144,900 | None Available | |
| Warranty Deed | $171,400 | Millennium Title Agency Ltd |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | New Conventional | |
| Previous Owner | $65,000 | New Conventional | |
| Previous Owner | $117,651 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $137,050 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2025 06/29/25 | For Sale | $244,500 | +11.6% | $139 / Sq Ft |
| 04/29/2024 04/29/24 | Sold | $219,000 | 0.0% | $124 / Sq Ft |
| 04/06/2024 04/06/24 | Pending | -- | -- | -- |
| 04/05/2024 04/05/24 | For Sale | $219,000 | +51.1% | $124 / Sq Ft |
| 06/25/2015 06/25/15 | Sold | $144,900 | 0.0% | $82 / Sq Ft |
| 06/10/2015 06/10/15 | Pending | -- | -- | -- |
| 05/01/2015 05/01/15 | For Sale | $144,900 | -- | $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 | $2,649 | $74,036 | $23,870 | $50,166 |
| 2023 | $2,195 | $51,790 | $15,999 | $35,791 |
| 2022 | $2,197 | $51,790 | $15,999 | $35,791 |
| 2021 | $2,197 | $51,790 | $16,000 | $35,790 |
| 2020 | $2,033 | $43,340 | $13,390 | $29,950 |
| 2019 | $2,021 | $43,340 | $13,390 | $29,950 |
| 2018 | $2,258 | $43,340 | $13,390 | $29,950 |
| 2017 | $2,493 | $48,960 | $14,000 | $34,960 |
| 2016 | $2,473 | $48,960 | $14,000 | $34,960 |
| 2015 | $2,333 | $48,960 | $14,000 | $34,960 |
| 2014 | -- | $48,960 | $14,000 | $34,960 |
| 2013 | $2,310 | $48,960 | $14,000 | $34,960 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Rakich
Seller's Agent in 2025
Denise Rakich
Russell Real Estate Services
(440) 320-3611
23 in this area
39 Total Sales
-
Joyce White
Seller's Agent in 2024
Joyce White
Russell Real Estate Services
(440) 670-5596
5 in this area
17 Total Sales
-
Artnetta Vines
Seller's Agent in 2015
Artnetta Vines
Howard Hanna
(440) 452-7580
44 in this area
194 Total Sales
Map
Source: MLS Now
MLS Number: 3706765
APN: 02-02-011-000-081
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 0 Meister Rd Unit 20236152
- 4359 Meadow Lark Dr
- 3990 Abigail Dr
- 3430 Church Dr
- 3527 Perry Ct
- 2709 Forest Ln
- 2703 Forest Ln
- 3942 Abigail Dr
- 3672 Astor Ln
- 2824 Brenner Dr
- 2815 Fulmer Rd
- 2601 Sherwood Dr
- 3327 Morningside Way
- 3225 Pickett Rd
- 3831 Heron Dr
- 2736 W Skyline Dr
- 5273 Cardinal Ct
- 4144 Shore Dr
- VL W Erie Ave
- 3960 W Erie Ave