NOT LISTED FOR SALE

4230 Meadow Ln Lorain, OH 44055

Estimated Value: $90,000 - $113,212

3 Beds
1 Bath
960 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $90,000 $94 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $625/month

39 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Neighborhood Views
  • 1 Car Detached Garage
  • Rectangular Lot

About This Home

As of October 2024

This 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

Beth Wallace

RE/MAX Real Estate Group Brokerage Email: BethWallace@realtyxo.com 440-782-6566 License #2008000644 Listed on: 08/22/2024

RE/MAX Real Estate Group

Last Buyer's Agent

Sylvia Incorvaia

EXP Realty, LLC. License #411497

EXP Realty, LLC.

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
  • Rectangular Lot
  • Back Yard

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1958
  • Attribution Contact: BethWallace@realtyxo.com 440-782-6566
  • ResoLotFeatures: Back Yard, Rectangular Lot
  • ResoPoolFeatures: None
  • Reso View: Neighborhood
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Privacy, Wood
  • Acres: 0.12
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage

Utilities

  • LaundryFeatures: Main Level, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-078-102-007
  • LandLeaseYN: No
  • Lot Dimensions: 50 x 110
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1222.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Dec 20, 2024
Sold by
Yearley Eric and Schuarts Monique Harms
Bought by
Mhs Inspirations Llc
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
$98,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,803
Avg. Annual Appreciation
8.69%

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mhs Inspirations Llc -- None Listed On Document
Yearly Eric $90,000 Cleveland Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yearly Eric $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

Source: Public Records

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

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Map

Source: MLS Now

MLS Number: 5060422

MLS Now

APN: 03-00-078-102-007