15 days on rocket

3493 Magnolia Dr, Lorain, OH, 44053

$289,000

Home List Price

$3,432*

Closing Credit

2 Bedrooms
2 Full Baths
1,366 SqFt
$212/SqFt
House
Schools Nearby

Location

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3493 Magnolia Dr, Lorain$289,000

Buyer Closing Credits

$3,432*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Direct Access, Garage Faces Front, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2020
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
ViewCity
MLS #5038666
Lot Size0.12 Acres
StatusActive

About 3493 Magnolia Dr

Welcome home to this charming 4-year-old ranch! This delightful home offers two spacious bedrooms, two full baths, main floor laundry and a partially finished basement, offering ample space for your family's needs. Step inside and be greeted by the warmth of updated laminate flooring in the living room and primary suite, adding a touch of modern elegance to the interiors. The open-concept layout seamlessly connects the living, dining, and kitchen areas, perfect for both daily living and entertaining guests. The primary suite features its own private bath, and walk in closet, providing a cozy retreat at the end of a long day. An additional well-appointed bedroom and bath ensure comfort and convenience for all occupants. Downstairs, the partially finished basement presents a versatile space that can be tailored to suit your preferences. With plumbing already in place for a third bathroom, the potential for customization is endless, offering the opportunity to create the perfect additional living space or recreational area. Enjoy peace of mind knowing that the roof and basement come with warranties, providing protection and reassurance for the next 7 years. Plus, with 12 years left of tax abatement, you'll enjoy significant savings on property taxes, making this home an exceptional value!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2020
  • Stories: 1
  • Living Area: 1,366 SqFt

Listing Office:

  • Office Name: RE/MAX Crossroads Properties
  • Office Phone: (440) 787-6707
  • Listing Agent: Jessica Presutto

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Laminate Counters, Open Floorplan, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City
  • Exterior: Deck, Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Direct Access, Garage Faces Front, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lorain High School, Public District Grades 9-12
  • General Johnnie Wilson Middle School, Public District Grades 7-8
  • Toni Wofford Morrison Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Meister Rd to Church Dr. to Murdock Dr. to Magnolia Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
  • Price Per SqFt: $212/SqFt

HOA Fees:

  • Amount: $365
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Lorain, OH.

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Lorain, OH

City

Med. Sold Price

$139.9K

Med. Price/SqFt

$93

Avg. Days On Market

48

# of Sold Homes

87

3493 Magnolia Dr vs Lorain

15 DAYS ON ROCKET

-33 Days

$289,000

+$149.1K More

$212/SqFt

+$119 More

KEY TAKEAWAY

This property is $149.1K more than the Median Sold Price and $119/SqFt more than other homes in Lorain, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5038666

Listing Office:

  • Office Name: RE/MAX Crossroads Properties
  • Office Phone: (440) 787-6707
  • Listing Agent: Jessica Presutto

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 5:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 21, 2020Home Sold
$56,000

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6089862
4
/10

  • Toni Wofford Morrison Elementary School

  • 1830 W 40th St

  • 1.02 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6089863
4
/10

  • General Johnnie Wilson Middle School

  • 2700 Washington Ave

  • 1.98 miles

  • Public District Grades 7-8

High School

school-card-donut-6089864
3
/10

  • Lorain High School

  • 2600 Ashland Ave

  • 1.47 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,375. Residents of Lorain, OH typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3493 Magnolia Dr

What is the listing price of this property?

The listing price of 3493 Magnolia Dr property is $289,000.

What type of property is this?

The property 3493 Magnolia Dr is a house located in Lorain, Ohio, 44053.

Is this property for sale now?

Active Listing: 3493 Magnolia Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3493 Magnolia Dr are:
Toni Wofford Morrison Elementary School: GreatSchools Rating 4/10
General Johnnie Wilson Middle School: GreatSchools Rating 4/10
Lorain High School: GreatSchools Rating 3/10

When was this property sold last time and for how much?

The last sale was on October 21, 2020 for $56,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3493 Magnolia Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3493 Magnolia Dr is 1,366 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3493 Magnolia Dr is 2020.

Rocket Homes›Ohio›Lorain County›Lorain›44053›3493 Magnolia Dr

This home is located at 3493 Magnolia Dr in Lorain, OH and zip code 44053. This 1,366 square foot home, which was built in 2020, sits on a 0.12 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $289,000.

While more than 41 listings in Lorain, OH in April 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 38 were sold below. The inventory of homes for sale in Lorain, OH between March 2024 and April 2024 decreased by 0.7%. The median list price of listings available in April 2024 was $139,900, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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