1415 W 40th St Lorain, OH 44053
Estimated Value: $173,000 - $206,000
2
Beds
2
Baths
1,895
Sq Ft
$102/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Forced Air Heating and Cooling System
- 1-Story Property
- 2 Car Attached Garage
About This Home
As of December 2020Looking 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
Howard Hanna License #2014000877 Listed on: 11/10/2020
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
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
Total Days on Market
6
Current Estimated Value
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
$140,137
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$49,663
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
26.82%
Purchase Details
Closed on
Jul 23, 2020
Sold by
Tufts Regina B
Bought by
First Fsla
Purchase Details
Closed on
Feb 11, 2019
Sold by
Tuftis Richard C
Bought by
Tufts Regina B
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
Similar Homes in Lorain, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Jennifer Hite
Seller's Agent in 2020
Jennifer Hite
Howard Hanna
(440) 864-4844
113 Total Sales
-
Ronda Jedrzejek
Buyer's Agent in 2020
Ronda Jedrzejek
Howard Hanna
(216) 337-9941
151 Total Sales
Map
Source: MLS Now
MLS Number: 4239075
APN: 02-02-015-120-008
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