NOT LISTED FOR SALE

1409 W 40th St Lorain, OH 44053

Estimated Value: $152,000 - $178,000

2 Beds
2 Baths
2,496 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $150,000 $60 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,135/month

191 Days on Market

Highlights

  • 1 Fireplace
  • Shed
  • 1-Story Property
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

Step back in time in order to step up to quality! This innovatively designed Brick Ranch with front stone accents offers an inviting front porch, spacious living room where the brick fireplace is the center of attention, massive picture window to embrace the manicured neighborhood, lots of natural light, beautiful hardwood floors and trim, master bedroom offers two separate closets, built-in drawers, main bath features ceramic tile, jetted tub to create a relaxing atmosphere you may never want to leave, additional finished space in the full basement, bar area perfect for entertaining family and friends, equipped with a kitchen, full bath, separate shower, laundry area, additional storage space, plenty of room to roam in the fenced backyard with a shed for extra storage space. More to appreciate here! Call today for a private tour...

Last Agent to Sell the Property

Andrea Neal

Russell Real Estate Services License #2004002356 Listed on: 09/01/2022

Russell Real Estate Services

Last Buyer's Agent

Cameron Deehr

Deleted Agent License #2015002679

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1958

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 72 x 157
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Shed

Utilities

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

Community Details

  • Urban Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-015-120-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 120.19
  • Estimated Price per Sq Ft: 120.19
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1248
  • Year Built: 1958
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1248.00
  • Sq Ft Approx Below Grade Finished: 1248.00
  • Sq Ft Approx Total Finished: 2496.00

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Shed
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • 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 Allotment

Schools

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

Lot Info

  • Lot Dimensions: 72 x 157
  • Lot Size Units: Acres
  • Acres: 0.2600
  • Parcel Number: 02-02-015-120-009
  • LandLeaseYN: No

Tax Info

  • Tax: 2104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Apr 4, 2023
Sold by
Dejesus Martin E
Bought by
Johnson Ronald Charles
Seller's Agent
Andrea Neal
Russell Real Estate Services
Buyer's Agent
Cameron Deehr
Deleted Agent
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Total Days on Market
191
Views
125
Current Estimated Value
$169,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,527
Avg. Annual Appreciation
5.80%
Original Mortgage
$144,993
Outstanding Balance
$141,643
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$27,884

Purchase Details

Closed on
Jul 25, 2003
Sold by
Bardoner June and Lehman Gayle E
Bought by
Dejesus Martin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
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
Johnson Ronald Charles $150,000 --
Dejesus Martin E $118,000 Midland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Ronald Charles $144,993
Previous Owner Dejesus Martin E $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $150,000 +0.1% $60 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $149,900 0.0% $60 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $149,900 -0.1% $60 / Sq Ft
12/06/2022 12/06/22 Off Market $150,000 -- --
10/04/2022 10/04/22 Price Changed $165,000 -8.3% $66 / Sq Ft
09/29/2022 09/29/22 For Sale $179,900 +19.9% $72 / Sq Ft
09/19/2022 09/19/22 Off Market $150,000 -- --
09/01/2022 09/01/22 For Sale $179,900 -- $72 / 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 $2,205 $53,480 $10,283 $43,197
2023 $2,122 $41,209 $10,182 $31,028
2022 $2,104 $41,209 $10,182 $31,028
2021 $2,104 $41,209 $10,182 $31,028
2020 $1,957 $33,290 $8,230 $25,060
2019 $1,945 $33,290 $8,230 $25,060
2018 $1,902 $33,290 $8,230 $25,060
2017 $1,858 $29,970 $8,140 $21,830
2016 $1,843 $29,970 $8,140 $21,830
2015 $1,739 $29,970 $8,140 $21,830
2014 $1,863 $32,180 $8,740 $23,440
2013 $1,848 $32,180 $8,740 $23,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4406438

MLS Now

APN: 02-02-015-120-009