NOT LISTED FOR SALE

4860 Meadow Lark Dr Lorain, OH 44053

Estimated Value: $354,253 - $414,000

3 Beds
3 Baths
2,619 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $314,900 $120 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,547/month

36 Days on Market

Highlights

  • Health Club
  • Deck
  • Hydromassage or Jetted Bathtub
  • Active Adult
  • Park or Greenbelt View
  • 1 Fireplace

About This Home

As of October 2022

This fully remodeled 3 bed, 3 full bath ranch home is located in Lorain’s highly sought after Gardens at Morningside and features a neutral exterior with ample curb appeal and crisp landscaping. Soaring vaulted ceilings with skylights greet you as you enter inside. This bright & airy main living space seamlessly combines the open great room with cozy fireplace, formal dining room, and spacious chef's kitchen. Enjoy hosting family and friends in the dedicated dining room with sliding doors to the recently built full sized rear deck. The kitchen is a homeowners dream with new quartz countertops, new recessed lighting, stainless steel appliances, ample cabinetry, and adjoining mud/laundry room with access to the attached 2-car garage. Off the great room, french doors open up to a potential office or additional first floor bedroom. The master suite has been freshly painted with gorgeous views to the pond and includes a full bathroom with walk-in shower, garden tub, dual sinks, and large walk-in closet. Third bedroom and full bathroom complete the first floor. Make your way downstairs to the finished basement with 1,000 SF of extra living space. The basement has been professionally finished with 2 large recreation rooms, additional bonus rooms, and recently added third full bathroom. Relax in this easy living adult community and enjoy all the private luxuries it has to offer such as multi-purpose clubhouse fitness room, indoor/outdoor pool, hot tub, tennis courts, and more!

Last Agent to Sell the Property

Anthony Latina

RE/MAX Crossroads Properties License #2016003431 Listed on: 08/15/2022

RE/MAX Crossroads Properties

Last Buyer's Agent

Gary Post

RE/MAX Crossroads Properties License #2004009889

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 2006

Lot Details

  • 7,227 Sq Ft Lot
  • Lot Dimensions are 66 x 110
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $231 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Park or Greenbelt Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-001-111-007

Community Details

Overview

  • Active Adult
  • Association fees include insurance, landscaping, property management, recreation, reserve fund, snow removal
  • Gardens/Morningside 01 Community

Recreation

  • Health Club
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,330

Year Built

Built in 2006

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 194.50
  • Estimated Price per Sq Ft: 194.50
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1619
  • Year Built: 2006
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Humidifier, Jetted Tub, Microwave, Range, Refrigerator, Security System, Smoke Detector, Sump Pump, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Room Count: 15
  • Basement Detail: Finished, Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1619.00
  • Sq Ft Approx Below Grade Finished: 1000.00
  • Sq Ft Approx Total Finished: 2619.00

Exterior Features

  • View: Park
  • Exterior: Vinyl
  • Exterior Features: Deck, Porch, Sprinkler/Irrigation
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric, Water Available
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Adult Community 55+, Exercise Room, Health Club, Pool, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 231.15
  • HOA Fee Frequency: Monthly
  • Hoa Name: Morningside HOA-Kare Condo
  • Subdivision Complex: Gardens/Morningside 01

Fee Information

  • HOA Fee Includes: Association Insurance, Landscaping, Property Management, Recreation, Reserve Fund, Snow Removal

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 66 x 110
  • Lot Size Units: Acres
  • Acres: 0.1659
  • Parcel Number: 02-03-001-111-007
  • LandLeaseYN: No

Tax Info

  • Tax: 1330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Oct 15, 2022
Sold by
Cotton Todd W and Cotton Judith E
Bought by
Vargas David and Vargas Evelis
Seller's Agent
Anthony Latina
RE/MAX Crossroads Properties
Buyer's Agent
Gary Post
RE/MAX Crossroads Properties
List Price
$324,900
Sold Price
$314,900
Premium/Discount to List
-$10,000
-3.08%
Views
38
Current Estimated Value
$384,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,413
Avg. Annual Appreciation
6.38%
Original Mortgage
$64,900
Outstanding Balance
$62,387
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$321,926

Purchase Details

Listed on
Aug 6, 2019
Closed on
Apr 23, 2020
Sold by
Rohrbacher Daniel L and Rohrbacher Katherine
Bought by
Cotton Todd W and Cotton Judith E
Seller's Agent
Mathew Chase
Keller Williams Greater Metropolitan
Buyer's Agent
Misti Mancuso
Howard Hanna
List Price
$259,000
Sold Price
$239,500
Premium/Discount to List
-$19,500
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$191,600
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
K Hovnanian Oster Homes Llc
Bought by
Rohrbacher Daniel L and Rohrbacher Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,872
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Oster Construction Inc
Bought by
K Hovnanian Oster Homes Llc
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
Vargas David $314,900 --
Cotton Todd W $239,500 Guardian Title
Rohrbacher Daniel L -- Millennium Title Agency Ltd
K Hovnanian Oster Homes Llc $642,000 Millennium Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas David $64,900
Previous Owner Cotton Todd W $191,600
Previous Owner Rohrbacher Daniel L $173,872
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2022 10/19/22 Sold $314,900 0.0% $120 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $314,900 -3.1% $120 / Sq Ft
08/15/2022 08/15/22 For Sale $324,900 +35.7% $124 / Sq Ft
04/27/2020 04/27/20 Sold $239,500 -0.2% $91 / Sq Ft View Prior Sale
02/03/2020 02/03/20 Pending -- -- --
01/29/2020 01/29/20 Price Changed $239,900 -3.6% $92 / Sq Ft
01/24/2020 01/24/20 Price Changed $248,900 -0.4% $95 / Sq Ft
11/08/2019 11/08/19 Price Changed $249,900 -1.6% $95 / Sq Ft
08/22/2019 08/22/19 Price Changed $254,000 -1.9% $97 / Sq Ft
08/09/2019 08/09/19 For Sale $259,000 -- $99 / 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 $3,906 $94,717 $24,500 $70,217
2023 $3,732 $72,468 $20,965 $51,503
2022 $1,330 $26,051 $20,965 $5,086
2021 $1,330 $26,051 $20,965 $5,086
2020 $1,003 $16,630 $16,630 $0
2019 $997 $16,630 $16,630 $0
2018 $1,000 $16,630 $16,630 $0
2017 $1,002 $15,750 $15,750 $0
2016 $994 $15,750 $15,750 $0
2015 $939 $15,750 $15,750 $0
2014 $937 $15,750 $15,750 $0
2013 $930 $15,750 $15,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4397863

MLS Now

APN: 02-03-001-111-007