3502 Magnolia DriveLorain, OH 44053

3502 Magnolia DriveLorain, OH 44053

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$350,000 Pending
Residential - Single Family MLS 5179538 Pending
4 beds 2 full baths 1 partial baths 2,400 sqft

Listed By

Agency Name: JMG Ohio
Agency Contact: etepfenhart@jasonmitchellgroup.com, 440-465-5457

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Welcome home to this beautiful 4-bedroom, 2.5-bath colonial built in 2021 at 3502 Magnolia Dr in Lorain! Designed with modern family living in mind, the open-concept layout creates a bright (tons of natural light) and welcoming space, perfect for spending time together or entertaining guests. Pull into the 3 car space driveway (2 car attached garage), open the front door and to the right is the large office/rec area. The foyer leads into the humongous living room boasting tons of natural light and space for everybody. The kitchen is massive featuring granite countertops, ample cabinetry, and plenty of room for family meals and gatherings. Adjacent to the kitchen is the bright and open dining area overlooking the backyard for all of your entertainment needs. Upstairs, you'll find four generously sized bedrooms offering comfort and privacy for everyone. The primary suite is massive boasting a large walk in closet and private bathroom. Storage is abundant throughout the home, making it easy to stay organized and clutter-free including the second story laundry unit. The unfinished basement provides a fantastic opportunity to add additional living space, ready for somebody to put their personal touches on it, whether you envision a playroom, home gym, or rec room. Step outside to enjoy the composite deck overlooking a fully fenced backyard, ideal for kids, pets, and outdoor fun. This move-in-ready home combines newer construction with thoughtful features and room to grow, all in a convenient Lorain location which is near all of your personal shopping/food/entertainment needs. 3502 Magnolia is the perfect place to create lasting family memories! (15 year 100% tax abatement has 10 years left. Ends up being 75% for last 5 years).

3502 Magnolia Drive | MLS# 5179538

This single family home located at 3502 Magnolia Drive, Lorain, OH 44053 is currently listed for sale with an asking price of $350,000. This property was built in 2021 and has 4 bedrooms and 2 full and 1 partial baths with 2400 sq. ft. Magnolia Drive is located in the Landings At Martins Run Sub subdivision within the Lorain City school district. Search Landings At Martins Run Sub real estate on 251danielburnhamsquareunitunit259.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Days on Market: 103
Garage: 2 car attached
Heating: Gas
Home Style: Colonial
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,268 / year
Year Built: 2021

Feature Descriptions

Appliances: Microwave, Range
Exterior: Vinyl Siding
HOA: Yes
HOA Fee: 368/ Annually
Parcel#: 02-02-012-114-202
Parking: Attached, Driveway, Garage
Sewer: Public Sewer
Water: Public

Room Sizes

Bathroom: 11.7 X 4.11 Level - Second
Bathroom: 14.8 X 10.9 Level - Second
Bedroom: 17.9 X 0.8 Level - Second
Bedroom: 14 X 14.5 Level - Second
Laundry: 6.11 X 6.2 Level - Second
Primary Bathroom: 8.8 X 8.7 Level - Second
Primary Bedroom: 14.1 X 18.4 Level - Second
Office: 11.5 X 9.7 Level - First
Bathroom: 7.5 X 5.6 Level - First
Living Room: 19.2 X 14.11 Level - First
Dining Room: 17.2 X 10 Level - First
Kitchen: 19.4 X 15 Level - First

Local Schools

School District: Lorain City

Source: Delta Media Group, Inc.

Demographics

Lorain County Demographic Information for 3502 Magnolia Drive, Lorain, OH 44053
Fips
Fips Code 39093
Population
2020 to 2025 Change up 3.3%
2010 Count 301,356
2020 Count 312,964
2025 Estimate (V2025) 323,219
2020 Estimate (V2025) 312,956
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 21.1%
18 to 64 53.0%
65 and Older 20.7%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 3.1%
US 96.9%
Education
High School Graduate, Age 25+ 91.8%
Bachelor's Degree or Higher, Age 25+ 28.5%
Computer and Internet use
Households with a computer 94.8%
Households with a broadband Internet subscription 88.9%
Language
English is Second Language, Age 5+ 7.8%
English is First Language, Age 5+ 92.2%
Veterans
Veterans 18,512
Income
Per Capita Income $40,798
Median Household Income $73,347
People in Poverty 10.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 127,544
Average Household Size 2.42
Owner-Occupied 74.0%
Multi-Family 17.0%
Owner-Occupied Median Value $223,200
Median selected monthly owner costs -with a mortgage $1,525
Median selected monthly owner costs -without a mortgage $629
Median gross rent $966
Building Permits
New Private Housing Issued 2024 1,331
Years at Residence
1 Year or More 90.9%
Less Than 1 Year 9.1%
Business and Employment
Private non-farm Establishments 5,664
Private non-farm Employment 89,159
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,949
Number of Firms 4,759
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,986.76 per month $1,779.01 Principal & Interest $105.67 Property Tax $102.08 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage