3943 Palm Avenue

Lorain, OH
$ 138,500 Beds 3 Baths 1 Sq 1,149
Monthly Estimate* How much can I afford?

MOVE-IN READY & IMMEDIATE OCCUPANCY! Easy to show, affordable and nicely updated, this light-filled and comfortable bungalow offers a great opportunity for a buyer looking for easy living in a quiet neighborhood. Estate sale—move right in and enjoy! The updated exterior features low-maintenance vinyl siding, energy-efficient vinyl windows, elegant stone accents, a dimensional roof and a welcoming covered front porch—perfect for morning coffee or relaxing. The partially fenced backyard provides a comfortable outdoor setting. Inside, the first floor welcomes you with bright, inviting rooms, attractive laminate wood flooring throughout—no carpet—and a spacious sun-filled great room perfect for relaxing or entertaining. The updated kitchen will delight the cook with raised-panel oak cabinetry, gas range and a convenient space already provided for a dishwasher. Enjoy easy first-floor living with 2 bedrooms and a remodeled full bath featuring a custom premium walk-in shower and attractive tile flooring. The second floor offers a generous 3rd bedroom or flexible recreation space, with hardwood floors underneath the existing carpet. A full open basement provides abundant storage and plenty of potential for future use. Additional updates include a new electrical panel and updated PVC plumbing. There is a lot to appreciate at an affordable price, including the appliances and many important updates already completed. Easy to show, immediate occupancy available and ready for a new owner!

Active

  • Price
  • $ 138,500
  • City
  • Lorain
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • Lorain
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.1664 Acres
  • Zip
  • 44055
  • Sqr Footage
  • 1,149
  • Year Built
  • 1949
  • Taxes
  • $ 1468
  • Style
  • MLS#
  • 5243920
Listed By: Coldwell Banker Schmidt Realty
Data Source: MLSNow

Features

General

Sewer Public Sewer
Heating Forced Air,Gas
Cooling None
Possession Negotiable
Roof Asphalt
Appliances Range,Refrigerator
Patio/Porch Features Front Porch,Patio
Architectural Style Cape Cod
Construction Materials Stone,Vinyl Siding
Year Built 1949
Stories Count 2
Township Lorain
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Lorain
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Homewood
Garage Y/N false
Total Rooms 5
Full Baths 1
Status Active
Directions off palm ave
ModificationTimestamp 2026-09-11T16:11:04.560-00:00
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1468
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
PostalCity LORAIN
Legal Description HOMEWOOD FRNT 0050.00 DPTH 0155.00 LOT # 322

Interior Features

Basement Unfinished
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1149
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 780
Below Grade Finished Area Source Realist
Above Grade Finished Area Source Realist
Total Baths 1

Exterior Features

Parking Features Detached,Garage
Water Source Public
Lot Size Area 0.1664
Lot Size Acres 0.1664
Lot Size Source Public Records
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/11/2026 Listed $138,500

Property vs Zip Code Average in 44055

Price
AVG $140K
$140K
Taxes
AVG $1,486
$1,468
Year Built
AVG 1928
1949

Areas That We Cover

3943 Palm Avenue Lorain, OH is a Single Family Home for sale at $138500 with 1149 sqft and a lot size of 0.1664 Acres Acre(s). 3943 Palm Avenue Lorain has 3 bedrooms, 1 baths and was built in 1949. The property's zip code is 44055 which is in Lorain, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.