NOT LISTED FOR SALE

1415 W 40th St Lorain, OH 44053

Estimated Value: $202,000 - $221,589

2 Beds
2 Baths
1,895 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $65,000 $34 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $1,349/month

6 Days on Market

Highlights

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

About This Home

As of December 2020

Looking for an investment property? This home has great potential. The bonus room could be converted to a third bedroom. Conveniently located close to shopping, restaurants, and freeways. Home is being sold as is.

Last Agent to Sell the Property

Jennifer Hite

Howard Hanna License #2014000877 Listed on: 11/10/2020

Howard Hanna

Last Buyer's Agent

Ronda Jedrzejek

Howard Hanna License #2006006622

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 101x157

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,895 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-015-120-008

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 34.30
  • Estimated Price per Sq Ft: 34.30
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1895
  • Year Built: 1956
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 6
  • Basement Detail: Full, Unfinished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1895.00
  • Sq Ft Approx Total Finished: 1895.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 101x157
  • Lot Size Units: Acres
  • Acres: 0.3300
  • Parcel Number: 02-02-015-120-008

Tax Info

  • Tax: 2177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Cm Evans Properties Llc
Bought by
Donofrio Brandon and Wymer Savanna
Current Estimated Value
$213,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,757
Outstanding Balance
$140,016
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$53,920

Purchase Details

Listed on
Nov 10, 2020
Closed on
Nov 25, 2020
Sold by
First Fsla Of Lorain
Bought by
Cm Evans Properties Llc
Seller's Agent
Jennifer Hite
Howard Hanna
Buyer's Agent
Ronda Jedrzejek
Howard Hanna
List Price
$60,000
Sold Price
$65,000
Premium/Discount to List
$5,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.52%

Purchase Details

Closed on
Jul 23, 2020
Sold by
Tufts Regina B
Bought by
First Fsla

Purchase Details

Closed on
Apr 21, 2005
Sold by
Stanton William M
Bought by
Dutro Angela S and Dutro Raymond C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,600
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving
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
Donofrio Brandon $180,000 None Listed On Document
Cm Evans Properties Llc $65,000 None Available
First Fsla -- None Available
Dutro Angela S $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donofrio Brandon $141,757
Previous Owner Tufts Richard C $94,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $65,000 +8.3% $34 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $60,000 -- $32 / 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 $2,630 $62,258 $11,995 $50,264
2023 $2,436 $46,116 $11,883 $34,234
2022 $2,415 $46,116 $11,883 $34,234
2021 $2,415 $46,116 $11,883 $34,234
2020 $1,675 $37,250 $9,600 $27,650
2019 $1,665 $37,250 $9,600 $27,650
2018 $1,666 $37,250 $9,600 $27,650
2017 $1,466 $32,390 $8,540 $23,850
2016 $1,454 $32,390 $8,540 $23,850
2015 $1,372 $32,390 $8,540 $23,850
2014 $1,508 $34,800 $9,180 $25,620
2013 $1,496 $34,800 $9,180 $25,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4239075

MLS Now

APN: 02-02-015-120-008