NOT LISTED FOR SALE

1245 W 40th St Lorain, OH 44053

Estimated Value: $148,000 - $168,000

3 Beds
1.5 Baths
960 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $67,900 $71 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $983/month

Highlights

  • 1 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2016

This home is located at 1245 W 40th St, Lorain, OH 44053 since 11 August 2016 and is currently estimated at $161,803, approximately $168 per square foot. This property was built in 1954. 1245 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.

Last Agent to Sell the Property

Angela Margida

Rustic Roots Real Estate License #2016000349 Listed on: 08/11/2016

Last Buyer's Agent

Kimberley Guelker

Berkshire Hathaway HomeServices Lucien Realty License #386496

Berkshire Hathaway HomeServices Lucien Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1954

Lot Details

  • 0.27 Acre Lot

Parking

  • 1 Car Direct Access Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Urban Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-015-121-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 70.73
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 960
  • Year Built: 1954
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator
  • 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: Unfinished
  • Estimated Sq Ft: 960

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit
  • Garage Num Of Cars: 1

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

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2700
  • Parcel Number: 02-02-015-121-008

Tax Info

  • Tax: 1041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Aug 12, 2016
Sold by
Caferro Francesco
Bought by
Vega Ortiz Angel Jose and Torres Aracelis Torres
Seller's Agent
Angela Margida
Rustic Roots Real Estate
Buyer's Agent
Kimberley Guelker
Berkshire Hathaway HomeServices Lucien Realty
List Price
$74,900
Sold Price
$67,900
Premium/Discount to List
-$7,000
-9.35%
Current Estimated Value
$161,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,903
Avg. Annual Appreciation
8.95%
Original Mortgage
$67,221
Outstanding Balance
$54,239
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$94,038

Purchase Details

Listed on
Aug 3, 2015
Closed on
Sep 9, 2015
Sold by
Campo Mary J
Bought by
Caferro Francesco
Seller's Agent
Diane Price
The Sweda Group, LLC.
Buyer's Agent
Diane Price
The Sweda Group, LLC.
List Price
$62,000
Sold Price
$45,000
Premium/Discount to List
-$17,000
-27.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.63%

Purchase Details

Closed on
Nov 5, 2004
Sold by
Selent Herta and Ott Irene
Bought by
Mary J Campo Revocable Living Trust
Source: Public Records

Range of Values:

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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
Vega Ortiz Angel Jose $67,900 --
Caferro Francesco $45,000 Old Republic Natl Title Ins
Mary J Campo Revocable Living Trust $95,000 Real Living Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Angel Josue Vega $15,800
Open Vega Ortiz Angel Jose $67,221
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $67,900 -9.3% $71 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $74,900 +66.4% $78 / Sq Ft
09/10/2015 09/10/15 Sold $45,000 -27.4% $47 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $62,000 -- $65 / 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 $1,530 $46,911 $10,731 $36,180
2023 $1,119 $30,898 $10,630 $20,269
2022 $1,131 $30,898 $10,630 $20,269
2021 $1,131 $30,898 $10,630 $20,269
2020 $953 $24,960 $8,590 $16,370
2019 $947 $24,960 $8,590 $16,370
2018 $975 $24,960 $8,590 $16,370
2017 $1,002 $24,910 $8,490 $16,420
2016 $1,573 $24,910 $8,490 $16,420
2015 $938 $24,910 $8,490 $16,420
2014 $1,042 $26,750 $9,120 $17,630
2013 $1,034 $26,750 $9,120 $17,630
Source: Public Records

Agents Affiliated with this Home

  • Angela Margida

    Seller's Agent in 2016

    Angela Margida

    Rustic Roots Real Estate

    (330) 419-1429

    2 in this area

    148 Total Sales

    Angela Margida
    Section Image
  • Kimberley Guelker

    Buyer's Agent in 2016

    Kimberley Guelker

    Berkshire Hathaway HomeServices Lucien Realty

    (440) 346-0915

    114 in this area

    309 Total Sales

    Kimberley Guelker
    Section Image

  • D

    Seller's Agent in 2015

    Diane Price

    The Sweda Group, LLC.

    (440) 654-3132

    3 in this area

    6 Total Sales

    Diane Price
    Section Image
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Map

Source: MLS Now

MLS Number: 3835467

MLS Now

APN: 02-02-015-121-008

Ohio Lorain County Lorain 44053

1245 W 40th St, Lorain, OH

This home is located at 1245 W 40th St, Lorain, OH 44053 since 11 August 2016 and is currently estimated at $161,803, approximately $168 per square foot. This property was built in 1954. 1245 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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