NOT LISTED FOR SALE

4608 Palm Ave Lorain, OH 44055

Estimated Value: $127,000 - $148,000

3 Beds
1 Bath
936 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $57,000 $61 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $857/month

53 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Home Security System
  • 3-minute walk to Fairless Park

About This Home

As of December 2013

Very nice, well kept single family home with detached one car garage. This house is move in ready and will go FHA. Vinyl sided with vinyl replacement windows throughout. The carpet is approx. 2 years old, and all bedrooms are wood floored. Large basement with glass block windows and waterproofed with warranty, sump pump and built in air system. Roof approx. 7 yrs old. Close to schools, this house also offers FREE HMS home warranty.

Last Agent to Sell the Property

Mike Schrull

Deleted Agent License #438396 Listed on: 09/09/2013

Last Buyer's Agent

Rick Misencik

Russell Real Estate Services License #2004022543

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 55.25 x 110
  • East Facing Home
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Home Security System

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Homewood Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 03-00-077-110-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,052

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1962
  • ResoSecurityFeatures: Security System
  • Subdivision Name: Homewood
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Sump Pump
  • Basement: Yes
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Partial
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Electricity, Garage, Paved

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: 03-00-077-110-016
  • Lot Dimensions: 55.25 x 110
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1052.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2013
Closed on
Dec 19, 2013
Sold by
Horvatich Gloria
Bought by
Hamrick Melanie
Seller's Agent
Mike Schrull
Deleted Agent
Buyer's Agent
Rick Misencik
Russell Real Estate Services
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%
Current Estimated Value
$140,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,727
Avg. Annual Appreciation
7.82%
Original Mortgage
$55,005
Outstanding Balance
$40,355
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$100,070
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
Hamrick Melanie $57,000 Frieview Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamrick Melanie $55,005
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $57,000 -4.8% $61 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $59,900 -- $64 / 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 $1,430 $34,682 $9,877 $24,805
2023 $1,337 $25,960 $5,915 $20,045
2022 $1,325 $25,960 $5,915 $20,045
2021 $1,325 $25,960 $5,915 $20,045
2020 $1,228 $20,900 $4,760 $16,140
2019 $1,221 $20,900 $4,760 $16,140
2018 $1,222 $20,900 $4,760 $16,140
2017 $1,226 $19,770 $6,370 $13,400
2016 $1,216 $19,770 $6,370 $13,400
2015 $1,147 $19,770 $6,370 $13,400
2014 $1,095 $18,920 $6,100 $12,820
2013 $584 $18,920 $6,100 $12,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3442859

MLS Now

APN: 03-00-077-110-016