NOT LISTED FOR SALE

1238 W 40th St Lorain, OH 44053

Estimated Value: $171,000 - $192,000

3 Beds
2 Baths
1,110 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 06, 2012

Last sale price $70,000 $63 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,131/month

548 Days on Market

Highlights

  • City View
  • Home Security System
  • 1-Story Property
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2012

Immaculate and well manicured 3 bedroom home in quiet Lorain neighborhood; all brick home with many updates including waterproofed basement with warranty and roof; all appliances stay, hardwood floors, newer carpeting; conveniently located to all amenities; priced to sell. Relax on front covered porch

Last Agent to Sell the Property

Dawn Balog

Russell Real Estate Services License #2006002411 Listed on: 07/11/2010

Russell Real Estate Services

Last Buyer's Agent

Dawn Balog

Russell Real Estate Services License #2006002411 Listed on: 07/11/2010

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1955

Lot Details

  • 9,104 Sq Ft Lot
  • Lot Dimensions are 73 x 125

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • City Views
  • Finished Basement

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-015-118-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 63.06
  • Num Of Stories: 1.00
  • Total Sq Ft: 1110
  • Year Built: 1955
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Wall Oven, Range, Refrigerator, Security System, Smoke Detector, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Room Count: 7
  • Basement Detail: Finished
  • Estimated Sq Ft: 1110

Exterior Features

  • View: City View
  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 73 x 125
  • Lot Size Area Sq Ft: 9104.0000
  • Lot Size Frontage: 73
  • Lot Size Units: Acres
  • Price Per Acre: 334928.23
  • Acres: 0.2090
  • Parcel Number: 02-02-015-118-022

Tax Info

  • Tax: 1160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2010
Closed on
Feb 2, 2012
Sold by
Krynicki Lidia J and Drabiak Walter A
Bought by
Rosario Jose A and Rosario Denise A
Seller's Agent
Dawn Balog
Russell Real Estate Services
Buyer's Agent
Dawn Balog
Russell Real Estate Services
List Price
$110,000
Sold Price
$70,000
Premium/Discount to List
-$40,000
-36.36%
Current Estimated Value
$181,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,406
Avg. Annual Appreciation
7.08%
Original Mortgage
$56,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Rosario Jose A $70,000 Newman Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rosario Jose A $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2012 02/06/12 Sold $70,000 -36.4% $63 / Sq Ft
01/10/2012 01/10/12 Pending -- -- --
07/11/2010 07/11/10 For Sale $110,000 -- $99 / 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 $2,301 $54,464 $9,401 $45,063
2023 $1,926 $36,449 $9,310 $27,139
2022 $1,909 $36,449 $9,310 $27,139
2021 $1,909 $36,449 $9,310 $27,139
2020 $1,775 $29,440 $7,520 $21,920
2019 $1,765 $29,440 $7,520 $21,920
2018 $1,690 $29,440 $7,520 $21,920
2017 $1,613 $25,350 $7,440 $17,910
2016 $1,600 $25,350 $7,440 $17,910
2015 $1,471 $25,350 $7,440 $17,910
2014 $1,576 $27,230 $7,990 $19,240
2013 $1,564 $27,230 $7,990 $19,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3151653

MLS Now

APN: 02-02-015-118-022