$206,000
SOLD JUL 3, 2025

1414 W 40th St Lorain, OH 44053

3 Beds
1 Bath
1,380 Sq Ft
0.29 Acres

Recently Sold

$149 Per Sq Ft

4% Above List Price

7 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Patio
  • 1-Story Property

About This Home

As of July 2025

Welcome to this charming ranch-style home located on the desirable west side of Lorain! This inviting 3-bedroom, 1-bathroom residence offers comfortable one-floor living with fresh updates throughout. Step inside to discover newly painted interiors and brand-new carpet. The updated bathroom features modern fixtures, new cabinets, flooring, bathtub, and a linen closet.
Enjoy outdoor living in the spacious backyard with a creek on on one side, and a concrete patio. The home also includes a convenient 1-car attached garage and is situated in a quiet neighborhood with easy access to local amenities, parks, and schools. Whether you're a first-time buyer or looking to downsize, this move-in-ready gem is a must-see!

Last Agent to Sell the Property

Laurie Brill

Keller Williams Citywide Brokerage Email: laurie@lauriebrill.com 440-670-1571 License #331861 Listed on: 05/21/2025

Keller Williams Citywide

Last Buyer's Agent

Amanda Turney

Keller Williams Citywide License #2025001159

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 102x125

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Urban Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-02-015-117-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,111

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1955
  • Attribution Contact: laurie@lauriebrill.com 440-670-1571
  • Subdivision Name: Urban
  • Above Grade Finished Sq Ft: 1120.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Eat-in Kitchen
  • Unit Levels: One
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished, Storage Space
  • Basement: Yes
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 260.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: None
  • Acres: 0.29
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-015-117-020
  • LandLeaseYN: No
  • Lot Dimensions: 102x125

Tax Info

  • Tax Annual Amount: 2111.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Jul 2, 2025
Sold by
Zvosecz John F and Zvosecz Mary Theresa
Bought by
Valentine Elizabeth
Seller's Agent
Laurie Brill
Keller Williams Citywide
Buyer's Agent
Amanda Turney
Keller Williams Citywide
List Price
$199,000
Sold Price
$206,000
Premium/Discount to List
$7,000
3.52%
Views
40
Current Estimated Value
$201,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,823
Avg. Annual Appreciation
-7.14%
Original Mortgage
$106,000
Outstanding Balance
$105,821
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$95,356

Purchase Details

Closed on
Jan 10, 2017
Sold by
Zvosecz John F
Bought by
Zvosecz John F and Zvosecz Mary Theresa B

Purchase Details

Closed on
Nov 27, 2015
Sold by
Zvosecz James P and Zvosecz Joseph R
Bought by
Zvosecz John F

Purchase Details

Closed on
Apr 6, 2015
Sold by
Estate Of Frances M Kozma
Bought by
Zvosecz John F and Zvosecz James P
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 Type Sale Price Title Company
Warranty Deed $206,000 Guardian Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- None Available
Certificate Of Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 Sold $206,000 +3.5% $149 / Sq Ft
05/21/2025 05/21/25 For Sale $199,000 -- $144 / 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 $2,110 $49,935 $11,400 $38,535
2023 $1,984 $37,559 $11,288 $26,271
2022 $1,967 $37,559 $11,288 $26,271
2021 $1,967 $37,559 $11,288 $26,271
2020 $1,830 $30,340 $9,120 $21,220
2019 $1,819 $30,340 $9,120 $21,220
2018 $1,721 $30,340 $9,120 $21,220
2017 $1,622 $25,490 $8,120 $17,370
2016 $1,609 $25,490 $8,120 $17,370
2015 $1,479 $25,490 $8,120 $17,370
2014 $1,078 $27,380 $8,720 $18,660
2013 $1,070 $27,380 $8,720 $18,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5125679

MLS Now

APN: 02-02-015-117-020