NOT LISTED FOR SALE

1221 W 40th St Lorain, OH 44053

Estimated Value: $151,000 - $174,000

3 Beds
1.5 Baths
1,050 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $82,000 $78 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,046/month

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Patio
  • North Facing Home

About This Home

As of September 2018

Clean 3 bedroom ranch home with partially finished basement. As you enter from the front door you walk in to the living room with large picture window and ceiling fan. Next through the arched doorway is the eat-in kitchen. The kitchen features beautiful cabinets, new countertops, and a dishwasher. Down the main hallway are all three bedrooms with ceiling fans, nice closets, and natural wood trim / doors. The remodeled hall bath features oak finishes for the vanity, medicine cabinet, and towel closet. The house has a partially finished basement with paneled walls, ceilings, and recessed lights. It also has the laundry room and ½ bath. There is a newer furnace and central air as well. Outside is the large detached 2 car garage and patio. Drive by then call and make this move in ready home yours today!

Last Agent to Sell the Property

Justin Hunker

Landlord Leasing, Inc. License #2006001713 Listed on: 08/11/2018

Last Buyer's Agent

Pam Hakaim

RE/MAX Above & Beyond License #2016000717

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1952

Lot Details

  • 0.27 Acre Lot
  • North Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • 1-Story Property
  • Patio
  • Partially Finished Basement

Community Details

  • Urban 02 Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-015-121-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: North
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Year Built: 1952
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Wall Oven, Range, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Detail: Partially Finished

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Urban 02

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2700
  • Parcel Number: 02-02-015-121-012

Tax Info

  • Tax: 1514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2018
Closed on
Sep 27, 2018
Sold by
Tudich William Morganti K and Tudich Linda S
Bought by
Wright Glenn E
Seller's Agent
Justin Hunker
Landlord Leasing, Inc.
Buyer's Agent
Pam Hakaim
RE/MAX Above & Beyond
List Price
$79,900
Sold Price
$82,000
Premium/Discount to List
$2,100
2.63%
Total Days on Market
3
Current Estimated Value
$159,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,857
Avg. Annual Appreciation
10.48%
Original Mortgage
$80,514
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2003
Sold by
Walter Jaskulski
Bought by
Tudich William K and Tudich Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,640
Interest Rate
6%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Wright Glenn E $82,000 None Available
Tudich William K -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Glenn E $84,050
Closed Wright Glenn E $80,514
Previous Owner Tudich William K $86,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $82,000 +2.6% $78 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $79,900 -- $76 / Sq Ft
Source: MLS Now

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 $1,822 $44,188 $10,731 $33,457
2023 $1,768 $34,332 $10,630 $23,702
2022 $1,753 $34,332 $10,630 $23,702
2021 $1,753 $34,332 $10,630 $23,702
2020 $1,631 $27,740 $8,590 $19,150
2019 $1,621 $27,740 $8,590 $19,150
2018 $1,589 $27,740 $8,590 $19,150
2017 $1,514 $23,790 $8,490 $15,300
2016 $1,502 $23,790 $8,490 $15,300
2015 $1,419 $23,790 $8,490 $15,300
2014 $1,521 $25,550 $9,120 $16,430
2013 $1,509 $25,550 $9,120 $16,430
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Justin Hunker

    Landlord Leasing, Inc.

    (440) 225-4186

    21 in this area

    30 Total Sales

    Justin Hunker
    Section Image
  • Pam Hakaim

    Buyer's Agent in 2018

    Pam Hakaim

    RE/MAX

    (440) 935-4294

    59 in this area

    102 Total Sales

    Pam Hakaim
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4027536

MLS Now

APN: 02-02-015-121-012

Ohio Lorain County Lorain 44053

1221 W 40th St, Lorain, OH

This home is located at 1221 W 40th St, Lorain, OH 44053 since 11 August 2018 and is currently estimated at $159,857, approximately $152 per square foot. This property was built in 1952. 1221 W 40th St is a home located in Lorain County with nearby schools including Toni Wofford Morrison Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

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