NOT LISTED FOR SALE

4621 Palm Ave Lorain, OH 44055

Estimated Value: $164,000 - $212,000

3 Beds
2 Baths
1,224 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $145,500 $119 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,092/month

8 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 3-minute walk to Fairless Park
  • 1 Car Detached Garage

About This Home

As of March 2022

You are going to love this beautifully maintained 3-bedroom ranch with a partially finished basement. Features a large living room with hardwood floors throughout and a family room addition with vaulted ceilings that lead to the back yard through sliding glass doors. All 3 bedrooms are nice size. The Kitchen has granite counters, lots of solid wood cabinets, stainless steel appliances that will be staying and a built-in dishwasher. The basement has a full bath and laundry room with washer and dryer that will also be staying. Furnace and Central Air are only 3 yrs. Old. It also has a 1.5 car detached garage with electric and a newer roof. Schedule your appointment today, you will not want to miss this one! Being Sold AS IS

Last Agent to Sell the Property

Jodi Burgett

Russell Real Estate Services License #2014004496 Listed on: 01/17/2022

Russell Real Estate Services

Last Buyer's Agent

Kyle Recker

Howard Hanna License #2015002207

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 1,224 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Construction Material

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Partially Finished Basement

Community Details

  • Homewood Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-077-111-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,353

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 118.87
  • Estimated Price per Sq Ft: 118.87
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1224
  • Year Built: 1960
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1224.00
  • Sq Ft Approx Total Finished: 1224.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass, Rubber

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Homewood

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 03-00-077-111-006

Tax Info

  • Tax: 1353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Mar 2, 2022
Sold by
Childress William M
Bought by
Sanchez Juan A
Seller's Agent
Jodi Burgett
Russell Real Estate Services
Buyer's Agent
Kyle Recker
Howard Hanna
List Price
$149,900
Sold Price
$145,500
Premium/Discount to List
-$4,400
-2.94%
Current Estimated Value
$178,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,976
Avg. Annual Appreciation
3.62%
Original Mortgage
$148,846
Outstanding Balance
$139,982
Interest Rate
3.69%
Mortgage Type
VA
Estimated Equity
$25,298

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 11, 2018
Sold by
Ramieriz Scott A and Rameriz Scott A
Bought by
Childress William M
Seller's Agent
Debra Jeffreys
Russell Real Estate Services
Buyer's Agent
Jodi Burgett
Russell Real Estate Services
List Price
$88,000
Sold Price
$86,000
Premium/Discount to List
-$2,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.78%
Original Mortgage
$81,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2000
Sold by
Bryant Gary L and Bryant Peggy J
Bought by
Rameriz Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,996
Interest Rate
8.21%
Mortgage Type
FHA
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
Sanchez Juan A $145,000 Erieview Title Agency
Childress William M $8,600,000 None Available
Rameriz Scott A $87,500 Title First Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Juan A $148,846
Previous Owner Childress William M $81,700
Previous Owner Rameriz Scott A $86,996
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $145,500 -2.9% $119 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $149,900 +74.3% $122 / Sq Ft
10/15/2018 10/15/18 Sold $86,000 -2.3% $37 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $88,000 -- $37 / 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 $1,757 $42,606 $9,975 $32,631
2023 $1,472 $28,588 $5,975 $22,614
2022 $1,459 $28,588 $5,975 $22,614
2021 $1,459 $28,588 $5,975 $22,614
2020 $1,353 $23,020 $4,810 $18,210
2019 $1,345 $23,020 $4,810 $18,210
2018 $1,346 $23,020 $4,810 $18,210
2017 $1,349 $21,760 $6,490 $15,270
2016 $1,338 $21,760 $6,490 $15,270
2015 $1,262 $21,760 $6,490 $15,270
2014 $1,185 $20,820 $6,210 $14,610
2013 $1,176 $20,470 $6,210 $14,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4343888

MLS Now

APN: 03-00-077-111-006