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$365,000
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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).
Full Property Details
Full Property Details for 3502 Magnolia Dr
General
- Price: $365,000
- HOA FEE: $31/month
- HOA FEE FREQ.: Annually
- Taxes: $1,268 (2024)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5179538
- Updated: 1/8/2026
- Added to Site: 8 day(s) ago
Interior
- Number of Rooms: 8
- Appliances: Microwave, Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Driveway, Garage
Location
- County: Lorain
- Township: Lorain
- Subdivision: Landings At Martins Run Sub
- Driving Directions: Meister to Church, Church to Murdoch, Murdoch to Magnolia
School Information
- Elem School District: Lorain CSD - 4709
- Midd School District: Lorain CSD - 4709
- High School District: Lorain CSD - 4709
Community
- Association: Yes
- Assoc. Name: Martins Run
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 2,400
- Living Area: 2,400 Sq. Ft.
- Finished Above Grnd: 2,400 Sq. Ft.
- Year Built: 2021
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1102
- Lot Size: .1102
- Lot Size Source: Assessor
Financial Considerations
- Association Fee: $368
- Assoc Fee Freq.: Annually
- Tax Amount: $1,268
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LANDINGS AT MARTINS RUN SUB NO 5
- Property ID: 02-02-012-114-202
Listed by JMG Ohio, Eric Tepfenhart
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Schools
Schools serving 3502 Magnolia Dr
School District:Lorain City School District
| Name | Grades | Distance |
|---|---|---|
Toni Wofford Morrison Elementary School 1830 40th St, Lorain, OH 44052 | PK-6 | 1.1 mi |
General Johnnie Wilson Middle School 2700 Washington Avenue, Lorain, OH 44052 | 7-8 | 2 mi |
Lorain High School 2600 Ashland Avenue, Lorain, OH 44052 | 9-12 | 1.5 mi |
New Beginnings 2600 Ashland Avenue, Lorain, OH 44052 | 5-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3502 Magnolia Dr
Date
Details
Price
Change
Source
1/08/2026
Listed
$365,000
551.79%
MLS
9/08/2020
Sold
$56,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3502 Magnolia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,268
15%
$30,006
43%
2023
$1,105
26%
$20,913
25%
2021
$876
-20%
$16,730
-20%
2022
$1,095
30%
$20,910
49%
2020
$844
—
$14,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3502 Magnolia Dr
3502 Magnolia Drive, Lorain, OH 44053 (MLS# 5179538) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 3502 Magnolia Drive is currently listed for $365,000 and was received on January 08, 2026. Want to learn more about 3502 Magnolia Drive? Do you have questions about finding other Single Family real estate for sale in Lorain? You can browse all Lorain real estate or contact a Coldwell Banker agent to request more information.
