$154,500
SOLD MAR 10, 2025

1215 W 40th St Lorain, OH 44053

4 Beds
1 Bath
1,353 Sq Ft
0.27 Acres

Recently Sold

$114 Per Sq Ft

14% Below List Price

86 Days on Market

Highlights

  • No HOA
  • Bungalow
  • North Facing Home
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of March 2025

Charming Lorain Westside Bungalow! Welcome to this inviting bungalow, located in the desirable westside neighborhood of Lorain. This home boasts four spacious bedrooms and one well-appointed bathroom. Enjoy the convenience of a full basement, perfect for storage or additional living space. Additional features of this property include: A breezeway connecting the house to an attached one-car garage. Recently updated furnace (6 years ago) and roof (4 years ago). Bonus room ideal for an office or creative space.
Sturdy ceiling fans installed in all bedrooms for added comfort. Crawl space and an add-on room accessible from the basement, offering even more functional space. This home is perfect for those seeking comfort, convenience, and charm. Don’t miss out on this gem in Lorain!

Last Agent to Sell the Property

Robert Bromley

Howard Hanna Brokerage Email: robertbromley@howardhanna.com 440-320-7152 License #444398 Listed on: 11/07/2024

Howard Hanna

Last Buyer's Agent

Douglas George

Howard Hanna License #2012002401

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1946

Lot Details

  • 0.27 Acre Lot
  • North Facing Home
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,353 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-02-015-121-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1946
  • Attribution Contact: robertbromley@howardhanna.com 440-320-7152
  • Above Grade Finished Sq Ft: 1353.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Freezer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link
  • Acres: 0.27
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: North

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-015-121-013
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1526.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Mar 7, 2025
Sold by
Cherney Cheryl L
Bought by
Rojas Camila
Seller's Agent
Robert Bromley
Howard Hanna
Buyer's Agent
Douglas George
Howard Hanna
List Price
$179,000
Sold Price
$154,500
Premium/Discount to List
-$24,500
-13.69%
Views
77
Current Estimated Value
$156,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,072
Avg. Annual Appreciation
4.87%
Original Mortgage
$151,701
Outstanding Balance
$151,576
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$4,996

Purchase Details

Closed on
Aug 6, 2018
Sold by
Cherney Joseph
Bought by
Cherney Joseph and Cherney Cheryl L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $154,500 Nationwide Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $151,701 FHA
Closed $151,701 FHA
Previous Owner $40,788 Unknown
Previous Owner $32,350 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $154,500 -6.4% $114 / Sq Ft
12/10/2024 12/10/24 Price Changed $165,000 -7.8% $122 / Sq Ft
11/07/2024 11/07/24 For Sale $179,000 -- $132 / Sq Ft
Source: MLS Now (Howard Hanna)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,677 $50,460 $10,833 $39,627
2023 $1,527 $38,808 $10,728 $28,081
2022 $1,535 $38,808 $10,728 $28,081
2021 $1,535 $38,808 $10,728 $28,081
2020 $1,328 $31,350 $8,670 $22,680
2019 $1,321 $31,350 $8,670 $22,680
2018 $1,321 $31,350 $8,670 $22,680
2017 $1,155 $27,380 $8,570 $18,810
2016 $1,146 $27,380 $8,570 $18,810
2015 $1,081 $27,380 $8,570 $18,810
2014 $1,196 $29,420 $9,210 $20,210
2013 $1,187 $29,420 $9,210 $20,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5083769

MLS Now (Howard Hanna)

APN: 02-02-015-121-013