NOT LISTED FOR SALE

4231 Palm Ave Lorain, OH 44055

Estimated Value: $128,000 - $145,129

3 Beds
1 Bath
960 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $115,000 $120 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $788/month

23 Days on Market

Highlights

  • 1 Car Detached Garage
  • Wood Fence
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of December 2022

Truly an exceptional, remodeled 3 bedroom Spacious ranch home that is light filled and cheerful home that is ready for immediate occupancy...Conventional, FHA and VA financing available with 1.5 car garage and fenced lot! This home is sure to delight from start to finish! Fresh exterior w/vinyl siding, vinyl windows & 1.5 garage for parking & storage. Backyard is fenced & private w/patio for relaxing. Front porch for your morning coffee enjoyment. Enter to a fresh modern interior with new laminate wood flooring throughout (No carpet), updated kitchen, updated bath & more. Eat in kitchen w/2 large windows, newer cabinets, counters with waterfall edges, updated plumbing & more. 1st floor laundry for convenience with door to back patio/yard. Oversized comfortable living room with new paint, flooring & ceiling fan added for comfort. Updated bath with custom tile shower to enjoy! Interior has been updated with white trim, grey walls & 2 accent walls for that final decorative touch. High efficient furnace & vinyl windows keep year round comfort & energy savings. Home has central air but outdoor unit was damage by the prior tenant, the current owner is not repairing (Easy to update if needed), they are including a window unit in the sale. Easy to show, call today for your private tour...

Last Agent to Sell the Property

Christopher Frederick

Coldwell Banker Schmidt Realty License #426983 Listed on: 10/08/2022

Coldwell Banker Schmidt Realty

Last Buyer's Agent

Jennifer Deal

Keller Williams Elevate License #2017004770

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1955

Lot Details

  • 7,710 Sq Ft Lot
  • Lot Dimensions are 55 x 138
  • Wood Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-00-078-104-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 119.79
  • Estimated Price per Sq Ft: 119.79
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 960
  • Year Built: 1955
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 960.00
  • Sq Ft Approx Total Finished: 960.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 55 x 138
  • Lot Size Units: Acres
  • Acres: 0.1770
  • Parcel Number: 03-00-078-104-001
  • LandLeaseYN: No

Tax Info

  • Tax: 1186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Reynolds Lovona L
Bought by
Stout Paula J
Current Estimated Value
$135,532

Purchase Details

Listed on
Oct 8, 2022
Closed on
Nov 21, 2022
Sold by
Reynolds Lovona L
Bought by
Stout Paula J
Seller's Agent
Christopher Frederick
Coldwell Banker Schmidt Realty
Buyer's Agent
Jennifer Deal
Keller Williams Elevate
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$92,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2009
Sold by
Jackson Tommie J and Jackson Joyce P
Bought by
Reynolds Edward L

Purchase Details

Closed on
Jan 9, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Jackson Tommie J and Jackson Joyce P

Purchase Details

Closed on
Sep 11, 2008
Sold by
Miller Bernadette
Bought by
Hud

Purchase Details

Closed on
Feb 26, 2001
Sold by
Putnam Terri L
Bought by
Miller Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,427
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 1996
Sold by
Frederick Raymond P
Bought by
Putnam Terri L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stout Paula J -- None Listed On Document
Stout Paula J $115,000 Miller Home Title
Reynolds Edward L $60,000 Lawyers Title Co
Jackson Tommie J $30,000 Lakeside Title & Escrow Agen
Hud $46,000 None Available
Miller Bernadette $73,000 Quality Title Agency Inc
Putnam Terri L $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stout Paula J $92,000
Previous Owner Miller Bernadette $72,427
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2022 12/13/22 Sold $115,000 -7.9% $120 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $124,900 -- $130 / 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 $931 $32,375 $11,116 $21,259
2023 $694 $22,649 $6,657 $15,992
2022 $1,186 $22,649 $6,657 $15,992
2021 $1,186 $22,649 $6,657 $15,992
2020 $1,100 $18,240 $5,360 $12,880
2019 $1,094 $18,240 $5,360 $12,880
2018 $1,094 $18,240 $5,360 $12,880
2017 $1,112 $17,470 $7,230 $10,240
2016 $1,103 $17,470 $7,230 $10,240
2015 $1,042 $17,470 $7,230 $10,240
2014 $995 $16,720 $6,920 $9,800
2013 $988 $16,720 $6,920 $9,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4414720

MLS Now

APN: 03-00-078-104-001