NOT LISTED FOR SALE

4311 Fairbanks Ct Lorain, OH 44053

Estimated Value: $269,000 - $293,000

2 Beds
2.5 Baths
1,537 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $263,000 $171 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,707/month

75 Days on Market

Highlights

  • 0.45 Acre Lot
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of August 2024

Are you thinking about downsizing but aren't ready to give up the basment or maybe you like to get your hands dirty still in the garden? This ranch in Martins Run is the perfect opportunity for you. There is an option to mow your own grass or for a small monthly fee your grass can be cut and your snow can be removed for you. This custom ranch has so many unique details you won't want to overlook them. The clean and crisp landscaped yard welcomes you home. The enclosed front porch is a safe harbor from the wind. Inside you will love the vaulted ceilings, open floor plan, and all the natural light. The functional floor plan separates the guest bedroom and bathroom from the primary suite. The great room overlooks the kitchen as well as the 4 season sun room. The whole house raidates with light thanks to all the windows and the solatube in the kitchen. The kitchen provides an ample eating space as well as plenty of cabinets and countertop space. The 4 eason sun room is perfect for relaxing with your cup of coffee in the morning. The current owner has turned the first floor laundry space into an additional office. The finished basment almost doubles your living space. It offers a rec room, family room, plenty of storage and even a half bath. The owner is leaving the Bose surround sound system in the great room, and even a built in supplemental gas heater in the basment in case the regurlar furnace stopped working. The roof was replaced in 2023. You will really appreciate the cleanliness and pride of ownership inthis lovely home!

Last Agent to Sell the Property

Jennifer Herron-Underwood

Howard Hanna Brokerage Email: jenniferherron-underwood@howardhanna.com 440-371-2862 License #448923 Listed on: 05/30/2024

Howard Hanna

Last Buyer's Agent

Michael Forbes

B2B Realty License #2019003608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,935

Year Built

  • Built in 2004

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 150x130

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Martins Run Village Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-011-000-091

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,935

Year Built

Built in 2004

Lot Details

0.45 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 2004
  • Attribution Contact: jenniferherron-underwood@howardhanna.com 440-371-2862
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Martins Run Village Sub
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Finished, Storage Space, Sump Pump
  • Basement: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.4477
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Enclosed, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • 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: 02-02-011-000-091
  • LandLeaseYN: No
  • Lot Dimensions: 150x130
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2935.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Aug 14, 2024
Sold by
Labos James J
Bought by
Skeens Douglas Scott and Skeens Donna
Seller's Agent
Jennifer Herron-Underwood
Howard Hanna
Buyer's Agent
Michael Forbes
B2B Realty
List Price
$294,000
Sold Price
$263,000
Premium/Discount to List
-$31,000
-10.54%
Views
95
Current Estimated Value
$281,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,230
Avg. Annual Appreciation
4.57%
Original Mortgage
$255,100
Outstanding Balance
$252,257
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$28,973

Purchase Details

Closed on
Apr 3, 2013
Sold by
Labos James J
Bought by
Labos James J

Purchase Details

Closed on
Aug 18, 2004
Sold by
Oster Construction Inc
Bought by
Labos James J
Source: Public Records
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

Purchase History

Date Buyer Sale Price Title Company
Skeens Douglas Scott $263,000 Fidelity National Title
Labos James J -- None Available
Labos James J -- Millennium Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skeens Douglas Scott $255,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $263,000 -2.6% $171 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $269,900 -3.6% $176 / Sq Ft
06/05/2024 06/05/24 Price Changed $280,000 -4.8% $182 / Sq Ft
05/30/2024 05/30/24 For Sale $294,000 -- $191 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $3,108 $85,166 $21,700 $63,466
2023 $2,462 $56,984 $14,221 $42,763
2022 $2,462 $56,984 $14,221 $42,763
2021 $2,462 $56,984 $14,221 $42,763
2020 $2,288 $47,680 $11,900 $35,780
2019 $2,275 $47,680 $11,900 $35,780
2018 $2,557 $47,680 $11,900 $35,780
2017 $2,838 $54,520 $12,250 $42,270
2016 $2,815 $54,520 $12,250 $42,270
2015 $2,655 $54,520 $12,250 $42,270
2014 $2,649 $54,520 $12,250 $42,270
2013 $2,629 $54,520 $12,250 $42,270
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now (Howard Hanna)

MLS Number: 5042160

MLS Now (Howard Hanna)

APN: 02-02-011-000-091

Your Personal Tour Guide

Ask me questions while you tour the home.