NOT LISTED FOR SALE

1408 W 40th St Lorain, OH 44053

Estimated Value: $145,000 - $210,000

3 Beds
1 Bath
1,356 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $69,000 $51 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,185/month

36 Days on Market

Highlights

  • 1 Fireplace
  • Porch
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Patio
  • South Facing Home

About This Home

As of August 2014

This home is located at 1408 W 40th St, Lorain, OH 44053 since 25 June 2014 and is currently estimated at $185,167, approximately $136 per square foot. This property was built in 1954. 1408 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

Jack Stitak

Keller Williams Citywide License #2012000248 Listed on: 06/25/2014

Keller Williams Citywide

Last Buyer's Agent

Jack Stitak

Keller Williams Citywide License #2012000248 Listed on: 06/25/2014

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 72x125
  • South Facing Home

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 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 02-02-015-117-021

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 50.88
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1356
  • Year Built: 1954
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Wall Oven, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 11
  • Living Area Sq Ft: 1356
  • Estimated Total Living Area: 1356
  • Estimated Sq Ft: 1356

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 1

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 Dimensions: 72x125
  • Lot Size Area Sq Ft: 9148.0000
  • Lot Size Units: Acres
  • Acres: 0.2100
  • Parcel Number: 02-02-015-117-021

Tax Info

  • Tax: 1931

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2014
Closed on
Jul 30, 2014
Sold by
Bascone Dolores
Bought by
Wical Janice M
Seller's Agent
Jack Stitak
Keller Williams Citywide
Buyer's Agent
Jack Stitak
Keller Williams Citywide
List Price
$79,900
Sold Price
$69,000
Premium/Discount to List
-$10,900
-13.64%
Current Estimated Value
$185,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,167
Avg. Annual Appreciation
9.00%
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
Wical Janice M $69,000 Multiple
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $69,000 -13.6% $51 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $79,900 -- $59 / 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 $2,481 $60,169 $9,275 $50,894
2023 $2,167 $42,074 $9,188 $32,886
2022 $2,148 $42,074 $9,188 $32,886
2021 $2,148 $42,074 $9,188 $32,886
2020 $1,998 $33,990 $7,420 $26,570
2019 $1,986 $33,990 $7,420 $26,570
2018 $1,987 $33,990 $7,420 $26,570
2017 $1,868 $30,120 $7,340 $22,780
2016 $1,853 $30,120 $7,340 $22,780
2015 $1,748 $30,120 $7,340 $22,780
2014 $1,925 $32,350 $7,880 $24,470
2013 $1,911 $32,350 $7,880 $24,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3631778

MLS Now

APN: 02-02-015-117-021