4408 Palm Ave Lorain, OH 44055
Estimated Value: $133,000 - $176,000
3
Beds
1
Bath
945
Sq Ft
$157/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- 2 Car Detached Garage
- Patio
- Corner Lot
- Porch
- Forced Air Heating and Cooling System
About This Home
As of June 2021This brick ranch offers a fenced yard with an extra wide & deep 2+ car garage! Great location too as it backs-up to a field, owned by the school. This ranch offers 3 bedrooms and a full bath that was renovated in 2017. The living room features hardwood flooring, overhead light and window blinds. The eat-in kitchen features tile flooring, a gas stove and refrigerator. The full bath offers a tub/shower combo with tile floors, glass block, vented, window and a solid-surface vanity. The linen closest is conveniently located off the bath. Three bedrooms all with hardwood flooring, overhead light and window blinds. The side door entry offers a spacious landing with stairs to the basement. Laundry includes the washer, new dryer 2/19/21, and utility tub with loads of storage space. Glass block windows. The furnace was new in 2017. Hot water tank and appliances are all newer. Basement was waterproofed by the prior owner. 48 hour notice required to show. Qualified buyers by appt., 48 hour notice required. Must provide preapproval or proof of funds to schedule a showing. See MLS#'s 4245706, 4245720, 4245728, 4246107, 4246111 for additional properties in this portfolio. Leased thru 06/01/2021. Rent $850/month. Please do not approach tenants. Thank you.
Last Agent to Sell the Property
Howard Hanna License #2006001869 Listed on: 12/15/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,507
Year Built
- Built in 1965
Lot Details
- Lot Dimensions are 110x110
- East Facing Home
- Property is Fully Fenced
- Chain Link Fence
- Corner Lot
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 945 Sq Ft Home
- 1-Story Property
- Fire and Smoke Detector
- Range
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 2 Car Detached Garage
- Garage Door Opener
- RV or Boat Parking
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Homewood Community
Listing and Financial Details
- Assessor Parcel Number 03-00-078-112-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2020
Closed on
May 24, 2021
Sold by
Powerhouse Properties Group Llc
Bought by
Kaurich Michael P and Kaurich Teresa L
Seller's Agent
Donna Templeton
Howard Hanna
Buyer's Agent
Teresa Kaurich
Berkshire Hathaway HomeServices Lucien Realty
List Price
$105,000
Sold Price
$105,700
Premium/Discount to List
$700
0.67%
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
$42,990
Avg. Annual Appreciation
8.86%
Original Mortgage
$89,845
Outstanding Balance
$82,224
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$66,985
Purchase Details
Listed on
Mar 5, 2014
Closed on
Apr 29, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Powerhouse Properties Group Llc
Seller's Agent
Paul Kleinhenz
Fathom Realty
Buyer's Agent
Chad Schneider
Russell Real Estate Services
List Price
$37,500
Sold Price
$31,500
Premium/Discount to List
-$6,000
-16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%
Purchase Details
Closed on
Mar 4, 2014
Sold by
Toth Robert
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Jul 5, 2007
Sold by
Citimortgage Inc
Bought by
Toth Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,001
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 8, 2007
Sold by
Burgess Frank E and Burgess Frank Eugene
Bought by
Citimortgage Inc
Purchase Details
Closed on
Jul 2, 1996
Sold by
Gallion Verna
Bought by
Burgess Frank E and Burgess Melvina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
8.13%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Kaurich Michael P | $105,700 | Miller Home Title | |
| Powerhouse Properties Group Llc | -- | None Available | |
| Federal Home Loan Mortgage Corporation | $38,069 | None Available | |
| Toth Robert | $60,100 | Chicago Title | |
| Citimortgage Inc | $59,900 | Chicago Title | |
| Burgess Frank E | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kaurich Michael P | $89,845 | |
| Previous Owner | Toth Robert | $25,000 | |
| Previous Owner | Toth Robert | $40,001 | |
| Previous Owner | Burgess Frank E | $21,100 | |
| Previous Owner | Burgess Frank E | $83,700 | |
| Previous Owner | Burgess Frank E | $47,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2021 06/04/21 | Sold | $105,700 | +0.7% | $112 / Sq Ft |
| 04/18/2021 04/18/21 | Pending | -- | -- | -- |
| 04/12/2021 04/12/21 | For Sale | $105,000 | 0.0% | $111 / Sq Ft |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- |
| 12/15/2020 12/15/20 | For Sale | $105,000 | +233.3% | $111 / Sq Ft |
| 05/16/2014 05/16/14 | Sold | $31,500 | -16.0% | $33 / Sq Ft |
| 04/17/2014 04/17/14 | Pending | -- | -- | -- |
| 03/05/2014 03/05/14 | For Sale | $37,500 | -- | $40 / 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 | $2,076 | $49,130 | $14,581 | $34,549 |
| 2023 | $1,649 | $31,206 | $7,861 | $23,345 |
| 2022 | $1,635 | $31,206 | $7,861 | $23,345 |
| 2021 | $1,635 | $31,206 | $7,861 | $23,345 |
| 2020 | $1,515 | $25,130 | $6,330 | $18,800 |
| 2019 | $1,507 | $25,130 | $6,330 | $18,800 |
| 2018 | $1,584 | $25,130 | $6,330 | $18,800 |
| 2017 | $1,660 | $26,090 | $9,950 | $16,140 |
| 2016 | $1,647 | $26,090 | $9,950 | $16,140 |
| 2015 | $1,556 | $26,090 | $9,950 | $16,140 |
| 2014 | $1,486 | $24,970 | $9,530 | $15,440 |
| 2013 | $1,475 | $24,970 | $9,530 | $15,440 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Templeton
Seller's Agent in 2021
Donna Templeton
Howard Hanna
(440) 396-8063
56 in this area
215 Total Sales
-
Teresa Kaurich
Buyer's Agent in 2021
Teresa Kaurich
Berkshire Hathaway HomeServices Lucien Realty
(440) 258-4678
31 in this area
66 Total Sales
-
Paul Kleinhenz
Seller's Agent in 2014
Paul Kleinhenz
Fathom Realty
(440) 570-6152
1 in this area
22 Total Sales
-
Chad Schneider
Buyer's Agent in 2014
Chad Schneider
Russell Real Estate Services
(440) 225-8449
36 in this area
292 Total Sales
Map
Source: MLS Now
MLS Number: 4245711
APN: 03-00-078-112-001
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