1340 W 40th St Lorain, OH 44053
4
Beds
1.5
Baths
1,865
Sq Ft
9,148
Sq Ft Lot
Highlights
- Cape Cod Architecture
- Corner Lot
- Porch
- 2 Fireplaces
- 2 Car Detached Garage
- Patio
About This Home
As of September 2022Owner says: BRING OFFERS!! Beautiful brick home with over 1800 SF + partially finished bsmt. Abundance of custom cabinets throughout with newer furnace/AC, windows and roof. 1st floor bedrooms, weather protective awnings and oversized 2 car garage with attached utility shed. Front sitting porch and rear patio for entertaining! This one owner home has so much to offer. Close to schools - close to parks. Basement waterproofed - lifetime guarantee. Call today for your personal showing.
Last Agent to Sell the Property
Tom Jama
Deleted Agent License #191971 Listed on: 06/14/2012
Co-Listed By
Tim Jama
Deleted Agent License #393776
Last Buyer's Agent
Lynne Gargas
Deleted Agent License #2012001457
Home Details
Home Type
- Single Family
Year Built
- Built in 1956
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 72x125
- South Facing Home
- Corner Lot
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,865 Sq Ft Home
- 1.5-Story Property
- 2 Fireplaces
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 2 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 02-02-015-118-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2022
Closed on
Sep 9, 2022
Sold by
Lauzon Gary M and Lauzon Naomia F
Bought by
Elmenhurst Kyle and Elmenhurst Rochelle
Seller's Agent
Jim Wirscham
Northern Ohio Realty
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$229,000
Sold Price
$175,000
Premium/Discount to List
-$54,000
-23.58%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,908
Avg. Annual Appreciation
6.56%
Purchase Details
Listed on
Jun 14, 2012
Closed on
Jun 19, 2013
Sold by
Bilancini Darrel A
Bought by
Lauzon Gary M and Lauzon Naomia F
Seller's Agent
Tom Jama
Deleted Agent
Buyer's Agent
Lynne Gargas
Deleted Agent
List Price
$119,000
Sold Price
$82,500
Premium/Discount to List
-$36,500
-30.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$66,000
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 16, 2004
Sold by
Bilancini Eleanor M
Bought by
Bilancini Eleanor M and The Eleanor M Bilancini Trust
Similar Homes in Lorain, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | -- | |
| Trustee Deed | $82,500 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $95,000 | Unknown | |
| Previous Owner | $80,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $79,829 | New Conventional | |
| Previous Owner | $66,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2022 09/12/22 | Sold | $175,000 | -6.4% | $73 / Sq Ft |
| 08/30/2022 08/30/22 | Pending | -- | -- | -- |
| 08/22/2022 08/22/22 | Price Changed | $187,000 | -8.8% | $78 / Sq Ft |
| 08/06/2022 08/06/22 | Price Changed | $205,000 | -6.4% | $85 / Sq Ft |
| 08/02/2022 08/02/22 | Price Changed | $219,000 | -2.2% | $91 / Sq Ft |
| 07/29/2022 07/29/22 | Price Changed | $224,000 | -2.2% | $93 / Sq Ft |
| 07/11/2022 07/11/22 | For Sale | $229,000 | +177.6% | $95 / Sq Ft |
| 06/21/2013 06/21/13 | Sold | $82,500 | -30.7% | $44 / Sq Ft |
| 05/04/2013 05/04/13 | Pending | -- | -- | -- |
| 06/14/2012 06/14/12 | For Sale | $119,000 | -- | $64 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $3,136 | $76,059 | $9,275 | $66,784 |
| 2023 | $2,087 | $40,530 | $4,592 | $35,938 |
| 2022 | $2,069 | $40,530 | $4,592 | $35,938 |
| 2021 | $2,069 | $40,530 | $4,590 | $35,940 |
| 2020 | $1,924 | $32,740 | $3,710 | $29,030 |
| 2019 | $1,913 | $32,740 | $3,710 | $29,030 |
| 2018 | $1,972 | $32,740 | $3,710 | $29,030 |
| 2017 | $2,029 | $32,720 | $7,340 | $25,380 |
| 2016 | $2,013 | $32,720 | $7,340 | $25,380 |
| 2015 | $1,898 | $32,720 | $7,340 | $25,380 |
| 2014 | $2,034 | $35,140 | $7,880 | $27,260 |
| 2013 | $2,076 | $35,140 | $7,880 | $27,260 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Jim Wirscham
Northern Ohio Realty
(440) 567-4144
3 in this area
23 Total Sales
-
Buyer's Agent in 2022
Greg Erlanger
Keller Williams Citywide
(440) 892-2211
104 in this area
3,826 Total Sales
-
T
Seller's Agent in 2013
Tom Jama
Deleted Agent
-
T
Seller Co-Listing Agent in 2013
Tim Jama
Deleted Agent
-
L
Buyer's Agent in 2013
Lynne Gargas
Deleted Agent
Map
Source: MLS Now
MLS Number: 3327894
APN: 02-02-015-118-014
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