NOT LISTED FOR SALE

1403 W 40th St Lorain, OH 44053

Estimated Value: $195,000 - $212,785

3 Beds
2 Baths
1,432 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $160,000 $112 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,282/month

46 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Direct Access Garage
  • 1-Story Property
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

Welcome to a well maintained 3 bedroom 2 full bath Ranch home. This home is located on a corner lot and is move in ready. There is fresh paint throughout a majority of the home. The main level has a nice sized living room and a bonus family room with a cozy fireplace. The kitchen has a newer refrigerator purchased in 2020 and dishwasher in 2019. New roof in 2017. New furnace/AC in 2016. The full basement is ready for entertaining with a full size bar. The basement also includes a full bath, glass block windows, laundry room, storage areas, PLUS a bonus room to make your own. You do not want to miss out on this beauty!!

Last Agent to Sell the Property

Milda Colon

House to Home Real Estate Professionals, LLC. License #2017000920 Listed on: 04/12/2021

Last Buyer's Agent

Latonya Oliver

HomeSmart Real Estate Momentum LLC License #392540

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,432 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-015-120-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,719

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 111.73
  • Estimated Price per Sq Ft: 111.73
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1432
  • Year Built: 1960
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Wall Oven
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Finished, Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1432.00
  • Sq Ft Approx Total Finished: 1432.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.2600
  • Parcel Number: 02-02-015-120-010

Tax Info

  • Tax: 1719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jul 19, 2021
Sold by
Kussai Carol A and Volak Carol A
Bought by
Hisle Terri L
Seller's Agent
Milda Colon
House to Home Real Estate Professionals, LLC.
Buyer's Agent
Latonya Oliver
HomeSmart Real Estate Momentum LLC
List Price
$145,000
Sold Price
$160,000
Premium/Discount to List
$15,000
10.34%
Current Estimated Value
$204,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,696
Avg. Annual Appreciation
4.71%
Original Mortgage
$160,000
Outstanding Balance
$147,050
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$46,921
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
Hisle Terri L $160,000 Ohio Real Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hisle Terri L $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $160,000 +10.3% $112 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/23/2021 05/23/21 Price Changed $145,000 0.0% $101 / Sq Ft
05/23/2021 05/23/21 For Sale $145,000 +7.4% $101 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $135,000 -- $94 / 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 $2,417 $58,615 $10,381 $48,234
2023 $1,829 $35,508 $5,145 $30,363
2022 $1,813 $35,508 $5,145 $30,363
2021 $1,860 $35,508 $5,145 $30,363
2020 $1,729 $28,690 $4,160 $24,530
2019 $1,719 $28,690 $4,160 $24,530
2018 $1,720 $28,690 $4,160 $24,530
2017 $1,878 $29,520 $8,220 $21,300
2016 $1,863 $29,520 $8,220 $21,300
2015 $1,712 $29,520 $8,220 $21,300
2014 -- $31,700 $8,820 $22,880
2013 $1,821 $31,700 $8,820 $22,880
Source: Public Records

Agents Affiliated with this Home

  • Milda Colon

    Seller's Agent in 2021

    Milda Colon

    House to Home Real Estate Professionals, LLC.

    (440) 714-1920

    14 in this area

    21 Total Sales

    Milda Colon
    Section Image
  • Latonya Oliver

    Buyer's Agent in 2021

    Latonya Oliver

    HomeSmart Real Estate Momentum LLC

    (216) 215-4317

    1 in this area

    146 Total Sales

    Latonya Oliver
    Section Image
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Map

Source: MLS Now

MLS Number: 4269450

MLS Now

APN: 02-02-015-120-010

Ohio Lorain County Lorain 44053

1403 W 40th St, Lorain, OH

This home is located at 1403 W 40th St, Lorain, OH 44053 since 12 April 2021 and is currently estimated at $204,696, approximately $142 per square foot. This property was built in 1960. 1403 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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