NOT LISTED FOR SALE

1314 W 40th St Lorain, OH 44053

Estimated Value: $159,000 - $182,000

3 Beds
1.5 Baths
1,176 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $92,000 $78 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,118/month

5 Days on Market

Highlights

  • Porch
  • Patio
  • South Facing Home
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2018

Come home to easy living. Enjoy relaxing on the front porch or hosting cookouts on the covered patio. The rear yard has plenty of space for gardens or play. Inside, cooking will be a breeze both for daily living and grand entertaining. All appliances are in place for you. The third bedroom would make a great home office. The hardwood floors are right in style and you will have the benefit of the maintenance and updates this one owner home has had over the years. The roof was a tear off in 2012 and the furnace was new in 2011 and has been recently serviced. The windows have been replaced and the bathroom updated. Just in the past year the basement has been waterproofed and painted, the kitchen flooring has been replaced, and the front porch has had a new floor poured and foundation updated. This ranch style home offers room for storage or additional living area in the basement and even more storage above the attached garage and in the attic. This home is ready for you and comes with a home warranty, too.

Last Agent to Sell the Property

Cheryl Repko

House to Home Real Estate Professionals, LLC. License #327629 Listed on: 10/31/2018

Last Buyer's Agent

Lisa Coffey

Deleted Agent License #2013004153

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 72 x 125
  • South Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Attached Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Urban Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-015-118-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,032

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 78.23
  • Estimated Price per Sq Ft: 78.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1176
  • Year Built: 1956
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Smoke Detector, Sump Pump, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 5
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1176.00
  • Sq Ft Approx Total Finished: 1176.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Drain, Electric
  • 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 Dimensions: 72 X 125
  • Lot Size Units: Acres
  • Acres: 0.2000
  • Parcel Number: 02-02-015-118-018

Tax Info

  • Tax: 1032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 29, 2018
Sold by
Krafcik David R and Estate Of Raymond J Krafeik
Bought by
Ramos Joshua L
Seller's Agent
Cheryl Repko
House to Home Real Estate Professionals, LLC.
Buyer's Agent
Lisa Coffey
Deleted Agent
List Price
$89,900
Sold Price
$92,000
Premium/Discount to List
$2,100
2.34%
Total Days on Market
5
Current Estimated Value
$169,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,146
Avg. Annual Appreciation
9.84%
Original Mortgage
$87,000
Interest Rate
4.8%
Mortgage Type
Commercial
Source: Public Records

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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
Ramos Joshua L $92,000 Chicago Title
Ramos Joshua L $92,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Joshua L $82,063
Closed Ramos Joshua L $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $92,000 +2.3% $78 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $89,900 -- $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 $2,028 $49,186 $9,275 $39,911
2023 $1,859 $36,089 $9,188 $26,901
2022 $1,842 $36,089 $9,188 $26,901
2021 $1,842 $36,089 $9,188 $26,901
2020 $1,713 $29,150 $7,420 $21,730
2019 $1,703 $29,150 $7,420 $21,730
2018 $1,749 $29,150 $7,420 $21,730
2017 $1,032 $25,400 $7,340 $18,060
2016 $1,024 $25,400 $7,340 $18,060
2015 $966 $25,400 $7,340 $18,060
2014 $1,072 $27,270 $7,880 $19,390
2013 $1,064 $27,270 $7,880 $19,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4049493

MLS Now

APN: 02-02-015-118-018