NOT LISTED FOR SALE

4721 Palm Ave Lorain, OH 44055

Estimated Value: $136,000 - $158,289

3 Beds
1 Bath
936 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $109,250 $117 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $940/month

62 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Detached Garage
  • 1-Story Property
  • Corner Lot
  • Forced Air Heating and Cooling System
  • 5-minute walk to Fairless Park

About This Home

As of October 2022

Welcome home to this ranch offering adorable curb appeal and situated on a great corner lot. This spacious ranch greats you at the front door with an eye-catching fireplace adding decor and ambiance upon entry of the home. Large kitchen offers tons of storage, eating area, and a window giving you a perfect view of the back yard and a great place for the family to gather. Master bedroom has a sliding door that leads to a perfect little back yard offering a deck, covered patio, and private fenced yard creating a great little Oasis and great space for entertaining. A finished basement with bar and a 2-car garage completes the picture of the home you have been looking for. Move in and decorate this one to make it your own.

Last Agent to Sell the Property

Justin Vines

Howard Hanna License #2015004020 Listed on: 07/22/2022

Howard Hanna

Co-Listed By

Artnetta Vines

Howard Hanna License #421461

Last Buyer's Agent

Suzanne Lambert

Howard Hanna License #2009002822

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,677

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Homewood Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-077-111-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,677

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 116.72
  • Estimated Price per Sq Ft: 116.72
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 936
  • Year Built: 1961
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 936.00
  • Sq Ft Approx Total Finished: 936.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

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 Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1900
  • Parcel Number: 03-00-077-111-013
  • LandLeaseYN: No

Tax Info

  • Tax: 1677

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Oct 25, 2022
Sold by
Briggs Dawn Elaine
Bought by
Smith Daniel G
Seller's Agent
Justin Vines
Howard Hanna
Buyer's Agent
Suzanne Lambert
Howard Hanna
List Price
$164,900
Sold Price
$109,250
Premium/Discount to List
-$55,650
-33.75%
Views
36
Current Estimated Value
$147,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,822
Avg. Annual Appreciation
12.20%
Original Mortgage
$107,270
Outstanding Balance
$104,033
Interest Rate
6.92%
Mortgage Type
FHA
Estimated Equity
$49,036

Purchase Details

Closed on
Jan 14, 2015
Sold by
Harvey Asma M
Bought by
Harvey Asma M and Brigges Dawn Elaine

Purchase Details

Closed on
May 19, 2000
Sold by
White Earl R and White Joyce A
Bought by
Stephens Sharon C and Harvey Amsa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
8.13%

Purchase Details

Closed on
Mar 25, 1997
Sold by
Kordeleski Richard P
Bought by
White Earl R and White Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Daniel G -- --
Harvey Asma M -- None Available
Stephens Sharon C $93,000 Lorain County Title Co Inc
White Earl R $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Daniel G $107,270
Previous Owner Stephens Sharon C $74,400
Previous Owner White Earl R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $109,250 -5.0% $117 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $115,000 -17.8% $123 / Sq Ft
08/30/2022 08/30/22 Price Changed $139,900 -6.7% $149 / Sq Ft
08/10/2022 08/10/22 Price Changed $149,900 -9.1% $160 / Sq Ft
07/22/2022 07/22/22 For Sale $164,900 -- $176 / 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 $1,930 $46,809 $11,949 $34,860
2023 $1,534 $29,782 $7,154 $22,628
2022 $1,560 $29,782 $7,154 $22,628
2021 $1,560 $29,782 $7,154 $22,628
2020 $1,446 $23,980 $5,760 $18,220
2019 $1,438 $23,980 $5,760 $18,220
2018 $1,542 $23,980 $5,760 $18,220
2017 $1,645 $25,850 $8,520 $17,330
2016 $1,632 $25,850 $8,520 $17,330
2015 $1,500 $25,850 $8,520 $17,330
2014 $972 $24,740 $8,150 $16,590
2013 $918 $24,740 $8,150 $16,590
Source: Public Records

Agents Affiliated with this Home

  • Justin Vines

    Seller's Agent in 2022

    Justin Vines

    Howard Hanna

    (440) 453-6566

    36 in this area

    175 Total Sales

    Justin Vines
    Section Image
  • Artnetta Vines

    Seller Co-Listing Agent in 2022

    Artnetta Vines

    Howard Hanna

    (440) 452-7580

    43 in this area

    192 Total Sales

    Artnetta Vines
    Section Image
  • Suzanne Lambert

    Buyer's Agent in 2022

    Suzanne Lambert

    Howard Hanna

    (440) 364-4545

    1 in this area

    488 Total Sales

    Suzanne Lambert
    Section Image
  • Connor Einhaus

    Buyer Co-Listing Agent in 2022

    Connor Einhaus

    Howard Hanna

    (216) 973-2265

    1 in this area

    77 Total Sales

    Connor Einhaus
    Section Image
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Map

Source: MLS Now

MLS Number: 4394115

MLS Now

APN: 03-00-077-111-013

Ohio Lorain County Lorain 44055

4721 Palm Ave, Lorain, OH

This home is located at 4721 Palm Ave, Lorain, OH 44055 since 22 July 2022 and is currently estimated at $147,072, approximately $157 per square foot. This property was built in 1961. 4721 Palm Ave is a home located in Lorain County with nearby schools including Helen Steiner Rice Elementary School, Southview Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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