4230 Meadow Ln Lorain, OH 44055
Estimated Value: $89,000 - $111,707
3
Beds
1
Bath
960
Sq Ft
$100/Sq Ft
Est. Value
Highlights
- No HOA
- 1 Car Detached Garage
- Privacy Fence
- Covered patio or porch
- Forced Air Heating and Cooling System
- 1-Story Property
About This Home
As of October 2024This property presents an incredible investment opportunity! With the potential to be transformed into a cozy starter home, an easy-to-maintain rental, or a peaceful one-floor haven for those with mobility needs, it offers endless possibilities. Situated on a tranquil, well-maintained street and backing onto the expansive green space of Lorain High School. This inviting home has been the heart of only one family for 68 years since it was built!! Boasting a spacious gathering area (living room) with a full wall of west-facing windows, a charming kitchen with room for a small eating arrangement surrounded by windows, three bedrooms, and laundry/utilities off the kitchen, this home is brimming with potential. Additionally, the backyard, complete with a wood privacy fence and adjacent to the school's green space, is perfect for creating lasting memories. Roof 2007, H20 tank 2006. 3 photos (kitchen, living room and bedrooms) have been virtually remodeled to help envision the possibility this home has!
Last Agent to Sell the Property
RE/MAX Real Estate Group Brokerage Email: BethWallace@realtyxo.com 440-782-6566 License #2008000644 Listed on: 08/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,222
Year Built
- Built in 1958
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50 x 110
- Privacy Fence
- Wood Fence
- Chain Link Fence
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Slab Foundation
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- Covered patio or porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 03-00-078-102-007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Oct 17, 2024
Sold by
Flynn Frances Lee
Bought by
Yearly Eric and Schuarts Monique Harms
Seller's Agent
Beth Wallace
RE/MAX Real Estate Group
Buyer's Agent
Sylvia Incorvaia
EXP Realty, LLC.
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Views
67
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
$5,927
Avg. Annual Appreciation
10.15%
Original Mortgage
$67,500
Outstanding Balance
$67,173
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$28,754
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 |
|---|---|---|---|
| Yearly Eric | $90,000 | Cleveland Home Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yearly Eric | $67,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2024 10/22/24 | Sold | $90,000 | -9.1% | $94 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $99,000 | -- | $103 / 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 | $1,252 | $29,617 | $9,408 | $20,209 |
| 2023 | $1,222 | $23,128 | $5,635 | $17,493 |
| 2022 | $734 | $23,128 | $5,635 | $17,493 |
| 2021 | $734 | $23,128 | $5,635 | $17,493 |
| 2020 | $580 | $18,620 | $4,540 | $14,080 |
| 2019 | $577 | $18,620 | $4,540 | $14,080 |
| 2018 | $394 | $18,620 | $4,540 | $14,080 |
| 2017 | $526 | $17,230 | $5,790 | $11,440 |
| 2016 | $522 | $17,230 | $5,790 | $11,440 |
| 2015 | $492 | $17,230 | $5,790 | $11,440 |
| 2014 | $448 | $16,490 | $5,540 | $10,950 |
| 2013 | $445 | $16,490 | $5,540 | $10,950 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Wallace
Seller's Agent in 2024
Beth Wallace
RE/MAX
(216) 299-3708
14 in this area
210 Total Sales
-
Sylvia Incorvaia
Buyer's Agent in 2024
Sylvia Incorvaia
EXP Realty, LLC.
(216) 316-1893
41 in this area
2,685 Total Sales
Map
Source: MLS Now
MLS Number: 5060422
APN: 03-00-078-102-007
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