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3514 Magnolia Dr

Lorain, OH 44053

5 bd 3 ba 2,760 sqft Built 2020 Lot 4,792 sqft single_family
Most recent sale
$299,000
Feb 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 27, 2023 Sold $299,000 MLSNOW

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $88,710 $21,880 $110,590 $836
2023 $20,913 $20,913 $1,076
2022 $20,913 $20,913 $1,067
2021 $20,913 $20,913 $1,067
2020 $14,000 $14,000 $844

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,760 sqft
Lot size
4,792 sqft
ZIP code
44053
City
Lorain
Street
Magnolia Dr
Coordinates
41.43673, -82.21693

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,794
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3514 Magnolia Dr last sell?
3514 Magnolia Dr most recently sold on Feb 27, 2023 for $299,000.
What is the current tax assessment for 3514 Magnolia Dr?
The most recent total assessment for 3514 Magnolia Dr (year 2025) is $110,590 with $836 in property tax.
How does 3514 Magnolia Dr's assessment compare to its last sale price?
The current assessment is 63.0% below the last sale price of $299,000.
When was 3514 Magnolia Dr built?
3514 Magnolia Dr was built in 2020.
How does 3514 Magnolia Dr compare to others on Magnolia Dr?
We track 8 other properties on Magnolia Dr. Browse the list under "Other properties on Magnolia Dr" to compare beds, baths, and sale history.
What are the property facts for 3514 Magnolia Dr?
3514 Magnolia Dr is a 5 bed, 3 bath, 2,760 sqft, 4,792 sqft lot single_family.
Is 3514 Magnolia Dr a flip candidate?
No — 3514 Magnolia Dr does not appear in our flips dataset.
Is 3514 Magnolia Dr a tax-appeal candidate?
No — 3514 Magnolia Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.2%
2026 Q2
$237.5K
2026 Q3
$240.9K
ZIP 44053 — Median Price History + Forecast

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