NOT LISTED FOR SALE

1308 W 40th St Lorain, OH 44053

Estimated Value: $169,000 - $192,000

3 Beds
1.5 Baths
1,680 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $84,000 $50 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,200/month

71 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of August 2013

Reduced Price Again! Many updates and improvements. Move in ready!Modivated Sellers!! Updated kitchen, New furnace and air conditioner. New bathtub and surround by Bath fitters. Updated electric New insulation and lots more! Finished basement with a bath for entertaining and Rec room. Back yard features a fenced in deck for outdoor privacy. This is a must see house. Call to see today

Last Agent to Sell the Property

Andy Serfozo

The Sweda Group, LLC. License #2004008633 Listed on: 05/13/2013

Last Buyer's Agent

Tamala Maxwell

Howard Hanna License #2008000621

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 1954

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 72x125

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,680 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Location

  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 02-02-015-118-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,205

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 75.00
  • Total Sq Ft: 1120
  • Year Built: 1954
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Wall Oven, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Finished, Full
  • Living Area Sq Ft: 1680
  • Estimated Total Living Area: 1680
  • Estimated Sq Ft: 1120

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, No Sewer

Schools

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

Lot Info

  • Lot Dimensions: 72x125
  • Lot Description: City Lot
  • Lot Size Area Sq Ft: 9148.0000
  • Lot Size Units: Acres
  • Price Per Acre: 400000.00
  • Acres: 0.2100
  • Parcel Number: 02-02-015-118-019

Tax Info

  • Tax: 1205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 29, 2013
Sold by
Mack Franklin D and Mack Marilyn J
Bought by
Moore Lorna M
Seller's Agent
Andy Serfozo
The Sweda Group, LLC.
Buyer's Agent
Tamala Maxwell
Howard Hanna
List Price
$84,900
Sold Price
$84,000
Premium/Discount to List
-$900
-1.06%
Total Days on Market
71
Current Estimated Value
$180,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,701
Avg. Annual Appreciation
6.73%
Original Mortgage
$82,417
Outstanding Balance
$61,884
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$119,304

Purchase Details

Closed on
Nov 29, 2007
Sold by
Mack Franklin D
Bought by
Mack Franklin D and Mack Marilyn J
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
Moore Lorna M $84,000 None Available
Mack Franklin D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Lorna M $82,417
Previous Owner Mack Franklin D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2013 08/19/13 Sold $84,000 -1.1% $50 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $84,900 -- $51 / 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 $2,231 $54,114 $9,275 $44,839
2023 $1,976 $38,353 $9,188 $29,166
2022 $1,958 $38,353 $9,188 $29,166
2021 $1,958 $38,353 $9,188 $29,166
2020 $1,821 $30,980 $7,420 $23,560
2019 $1,810 $30,980 $7,420 $23,560
2018 $1,741 $30,980 $7,420 $23,560
2017 $1,672 $26,960 $7,340 $19,620
2016 $1,658 $26,960 $7,340 $19,620
2015 $1,564 $26,960 $7,340 $19,620
2014 $1,676 $28,950 $7,880 $21,070
2013 $1,160 $28,950 $7,880 $21,070
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Andy Serfozo

    The Sweda Group, LLC.

    (440) 865-1459

    8 Total Sales

    Andy Serfozo
    Section Image

  • T

    Buyer's Agent in 2013

    Tamala Maxwell

    Howard Hanna

    (440) 320-8226

    16 Total Sales

    Tamala Maxwell
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3408146

MLS Now

APN: 02-02-015-118-019

Ohio Lorain County Lorain 44053

1308 W 40th St, Lorain, OH

This home is located at 1308 W 40th St, Lorain, OH 44053 since 13 May 2013 and is currently estimated at $180,701, approximately $107 per square foot. This property was built in 1954. 1308 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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