1612 W 40th St Lorain, OH 44053
3
Beds
2
Baths
2,602
Sq Ft
10,019
Sq Ft Lot
Highlights
- 1 Fireplace
- 2 Car Attached Garage
- Partially Fenced Property
- No HOA
- Forced Air Heating and Cooling System
- 1-Story Property
About This Home
As of December 2024All Brick Ranch Home on Lorain's West Side. Beautifully Updated with gleaming hardwood floors. Make an
appointment today to see this beautiful 3 bedroom, 2 full bathroom, and 2 car attached garage home with
many updates. This home offers a spacious living room with a fireplace. All the windows have been
replaced with Vinyl Replacement Windows. Updated Baths/Flooring/Fixtures. Three bedrooms all feature
hardwood floors. The interior's home was just freshly painted. You will love the new light fixtures
throughout the house. Kitchen offers lots of space to prepare your meals in. Don't miss your chance to
make this beautifully updated home yours. Look no further. This is it.
Last Agent to Sell the Property
Chosen Real Estate Group Brokerage Email: 330-249-3499 office@chosenrealtyco.com License #2022001015 Listed on: 10/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,214
Year Built
- Built in 1956
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80x125
- Partially Fenced Property
- Wood Fence
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Frame Construction
- Asphalt Roof
Interior Spaces
- 1-Story Property
- 1 Fireplace
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 02-02-015-117-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Dec 17, 2024
Sold by
Caferro Family Revokable Living Trust and Caferro Francis
Bought by
Martin Margaret M
Seller's Agent
Nicholas Huscroft
Chosen Real Estate Group
Buyer's Agent
Karen Mobert
Howard Hanna
List Price
$239,900
Sold Price
$224,000
Premium/Discount to List
-$15,900
-6.63%
Views
83
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
-$6,192
Avg. Annual Appreciation
-5.67%
Original Mortgage
$224,000
Outstanding Balance
$223,422
Interest Rate
6.78%
Mortgage Type
VA
Estimated Equity
-$5,614
Purchase Details
Closed on
Jun 2, 2014
Sold by
Calhoun Warren
Bought by
Caferro Francis and Caferro Annamaria
Purchase Details
Closed on
May 8, 1995
Sold by
Sandiford Mercedes
Bought by
Calhoun Warren and Calhoun Ruth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.43%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $224,000 | Miller Home Title | |
| Sheriffs Deed | $55,000 | None Available | |
| Deed | $116,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,000 | VA | |
| Previous Owner | $138,548 | FHA | |
| Previous Owner | $138,000 | Unknown | |
| Previous Owner | $58,125 | Stand Alone Second | |
| Previous Owner | $51,546 | Stand Alone Second | |
| Previous Owner | $75,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/26/2024 12/26/24 | Sold | $224,000 | +2.8% | $86 / Sq Ft |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- |
| 11/09/2024 11/09/24 | Price Changed | $218,000 | -4.4% | $84 / Sq Ft |
| 10/28/2024 10/28/24 | Price Changed | $228,000 | -5.0% | $88 / Sq Ft |
| 10/10/2024 10/10/24 | For Sale | $239,900 | -- | $92 / 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 | $2,827 | $66,917 | $9,982 | $56,935 |
| 2023 | $2,214 | $41,899 | $9,888 | $32,011 |
| 2022 | $2,195 | $41,899 | $9,888 | $32,011 |
| 2021 | $2,195 | $41,899 | $9,888 | $32,011 |
| 2020 | $2,041 | $33,850 | $7,990 | $25,860 |
| 2019 | $2,030 | $33,850 | $7,990 | $25,860 |
| 2018 | $1,973 | $33,850 | $7,990 | $25,860 |
| 2017 | $1,916 | $30,120 | $7,900 | $22,220 |
| 2016 | $1,901 | $30,120 | $7,900 | $22,220 |
| 2015 | $1,796 | $30,120 | $7,900 | $22,220 |
| 2014 | $1,365 | $32,340 | $8,480 | $23,860 |
| 2013 | $1,355 | $32,340 | $8,480 | $23,860 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Huscroft
N
Seller's Agent in 2024
Nicholas Huscroft
Chosen Real Estate Group
(330) 249-3499
2 in this area
1,241 Total Sales
-
Karen Mobert
K
Buyer's Agent in 2024
Karen Mobert
Howard Hanna
(440) 785-2073
10 in this area
90 Total Sales
Map
Source: MLS Now
MLS Number: 5076601
APN: 02-02-015-117-014
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