NOT LISTED FOR SALE

4617 Palm Ave Lorain, OH 44055

Estimated Value: $134,000 - $196,000

5 Beds
1.5 Baths
2,208 Sq Ft
$76/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $93,000 $42 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,046/month

116 Days on Market

Highlights

  • City View
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Public Transportation
  • 3-minute walk to Fairless Park

About This Home

As of April 2021

Wonderful home waiting for you to make it your own . Large fenced in yard that can be a private oasis for relaxation and entertaining. 5 nice size bedrooms with wood floors throughout, Large eat in kitchen along with full basement with plenty of room for storage . Garage roof 2017, Basement has been waterproofed, Electrical panel updated, Roof replaced with full tear off in 2006. Home was waterproofed and has transferable warranty.

Last Agent to Sell the Property

Rebecca Vallo

Berkshire Hathaway HomeServices Professional Realty License #2000007250 Listed on: 11/03/2020

Berkshire Hathaway HomeServices Professional Realty

Co-Listed By

Chris Schlenkerman

Berkshire Hathaway HomeServices Professional Realty License #2003005232

Last Buyer's Agent

Marc Gagne

Century 21 Homestar License #2012002749

Century 21 Homestar

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 56x110
  • West Facing Home
  • Property is Fully Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • City Views
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-077-111-005

Community Details

Overview

  • No Home Owners Association
  • Homewood Subdivision

Amenities

  • Public Transportation

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1963
  • Reso View: City
  • Co List Office Mls Id: 2959
  • Co List Office Phone: 440-331-2870
  • Subdivision Name: Homewood
  • Above Grade Finished Sq Ft: 1272.0
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Dryer, Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 936.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full
  • Acres: 0.14
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: West

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-077-111-005
  • Lot Dimensions: 56x110
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2772.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Radocy Joseph and Radocy Connie L
Bought by
Cobalt Investments Llc
Current Estimated Value
$168,109

Purchase Details

Listed on
Nov 3, 2020
Closed on
Apr 19, 2021
Sold by
Lanning Jennifer M and Lanning Earl A
Bought by
Radocy Joseph and Radocy Connie L
Seller's Agent
Rebecca Vallo
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Marc Gagne
Century 21 Homestar
List Price
$130,000
Sold Price
$93,000
Premium/Discount to List
-$37,000
-28.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$45,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2006
Sold by
Black Sadie R
Bought by
Dillon Jennifer M and Lanning Earl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Cobalt Investments Llc -- None Listed On Document
Radocy Joseph $93,000 Old Republic Natl Ttl Ins Co
Dillon Jennifer M $95,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Radocy Joseph $45,000
Previous Owner Dillon Jennifer M $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2021 05/01/21 Off Market $93,000 -- --
04/30/2021 04/30/21 Sold $93,000 -15.5% $42 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
01/15/2021 01/15/21 Price Changed $110,000 -8.3% $50 / Sq Ft
11/24/2020 11/24/20 Price Changed $120,000 -7.7% $54 / Sq Ft
11/07/2020 11/07/20 For Sale $130,000 -- $59 / 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 $1,864 $44,100 $9,975 $34,125
2023 $1,720 $32,550 $5,975 $26,576
2022 $1,705 $32,550 $5,975 $26,576
2021 $1,831 $35,865 $5,975 $29,890
2020 $1,697 $28,880 $4,810 $24,070
2019 $1,688 $28,880 $4,810 $24,070
2018 $1,688 $28,880 $4,810 $24,070
2017 $1,703 $27,470 $6,490 $20,980
2016 $1,690 $27,470 $6,490 $20,980
2015 $1,594 $27,470 $6,490 $20,980
2014 $1,522 $26,290 $6,210 $20,080
2013 $1,510 $26,290 $6,210 $20,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4237583

MLS Now

APN: 03-00-077-111-005