1605 W 40th St Lorain, OH 44053
Estimated Value: $170,000 - $199,013
3
Beds
1.5
Baths
2,436
Sq Ft
$75/Sq Ft
Est. Value
Highlights
- City View
- Forced Air Heating and Cooling System
- 1-Story Property
- 2 Car Attached Garage
About This Home
As of October 2023Location, location, location! Beautiful ranch style in the west side of Lorain. Extensively updated throughout. Ready to move right in. Finished hardwood floors in living room, hallway, and bedrooms. New vanity, bathtub, and flooring in bathroom. Kitchen with spacious countertops, plenty of cabinetry, and new flooring. There is an additional room by the garage, that could be a home office, with new vinyl flooring and light fixture. Basement is oversized and offers plenty of space for all sorts of recreation and is ready for your finishing touches. Attached two car garage, new concrete driveway, and so much more. All updates completed in 2023. Definitely worth the trip to see!
Last Agent to Sell the Property
Century 21 Homestar License #2019005741 Listed on: 09/14/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,197
Year Built
- Built in 1957
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100x152
Parking
- 2 Car Attached Garage
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- City Views
- Unfinished Basement
- Sump Pump
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Urban Community
Listing and Financial Details
- Assessor Parcel Number 02-02-015-120-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2023
Closed on
Oct 11, 2023
Sold by
Dogwood Haven Llc
Bought by
Lafortune Cindy Raye
Seller's Agent
Michael Ferrante
Century 21 Homestar
Buyer's Agent
Jodi Burgett
Russell Real Estate Services
List Price
$155,000
Sold Price
$163,000
Premium/Discount to List
$8,000
5.16%
Total Days on Market
7
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,753
Avg. Annual Appreciation
7.53%
Original Mortgage
$93,000
Outstanding Balance
$91,606
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$92,147
Purchase Details
Closed on
Aug 20, 2009
Sold by
Black Star Investments Llc
Bought by
Dogwood Haven Llc
Purchase Details
Closed on
Apr 1, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Lender Asset Resolution
Purchase Details
Closed on
Mar 3, 2009
Sold by
Interstate Investment Group Llc
Bought by
Blackstar Investments Llc
Purchase Details
Closed on
Jan 20, 2009
Sold by
Lender Asset Resolution Inc
Bought by
Interstate Investment Group Llc
Purchase Details
Closed on
Aug 8, 2008
Sold by
Griffin Kathleen M
Bought by
Hsbc Bank Usa Na and The Registered Holders Of Nomura Home Eq
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 |
|---|---|---|---|
| Lafortune Cindy Raye | $163,000 | Miller Home Title | |
| Dogwood Haven Llc | $24,900 | Advantage Title Partners Inc | |
| Lender Asset Resolution | -- | None Available | |
| Blackstar Investments Llc | -- | Advantage Title Partners Llc | |
| Interstate Investment Group Llc | $1,000 | None Available | |
| Hsbc Bank Usa Na | $84,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lafortune Cindy Raye | $93,000 | |
| Previous Owner | Griffin Kathleen M | $121,600 | |
| Previous Owner | Griffin Kathleen M | $30,400 | |
| Previous Owner | Griffin Kathleen M | $116,000 | |
| Previous Owner | Griffin Kathleen M | $21,750 | |
| Previous Owner | Griffin Kathleen M | $110,000 | |
| Previous Owner | Griffin Kathleen M | $93,737 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2023 10/12/23 | Sold | $163,000 | +5.2% | $67 / Sq Ft |
| 09/21/2023 09/21/23 | Pending | -- | -- | -- |
| 09/14/2023 09/14/23 | For Sale | $155,000 | -- | $64 / 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 | $2,395 | $58,093 | $12,250 | $45,843 |
| 2023 | $2,216 | $41,955 | $12,131 | $29,824 |
| 2022 | $2,197 | $41,955 | $12,131 | $29,824 |
| 2021 | $2,197 | $41,955 | $12,131 | $29,824 |
| 2020 | $2,044 | $33,890 | $9,800 | $24,090 |
| 2019 | $2,032 | $33,890 | $9,800 | $24,090 |
| 2018 | $2,033 | $33,890 | $9,800 | $24,090 |
| 2017 | $1,889 | $29,690 | $9,700 | $19,990 |
| 2016 | $1,874 | $29,690 | $9,700 | $19,990 |
| 2015 | $1,771 | $29,690 | $9,700 | $19,990 |
| 2014 | $1,897 | $31,880 | $10,410 | $21,470 |
| 2013 | $1,883 | $31,880 | $10,410 | $21,470 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Ferrante
Seller's Agent in 2023
Michael Ferrante
Century 21 Homestar
1,544 Total Sales
-
Jodi Burgett
Buyer's Agent in 2023
Jodi Burgett
Russell Real Estate Services
(440) 315-7282
111 Total Sales
Map
Source: MLS Now
MLS Number: 4489380
APN: 02-02-015-120-004
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