NOT LISTED FOR SALE

1912 E 40th St Lorain, OH 44055

Estimated Value: $103,000 - $152,587

3 Beds
1.5 Baths
1,580 Sq Ft
$82/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $96,000 $61 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $826/month

75 Days on Market

Highlights

  • No HOA
  • Central Air
  • Wood Siding
  • 2 Car Detached Garage
  • Baseboard Heating
  • 1-Story Property

About This Home

As of June 2024

Investors - take note - great potential for rental income. Flowing floorplan in this bilevel style property. Decent sized backyard. Was tenant occupied, now vacant. Property being sold as-is/where-is condition and Seller will not make any repairs regardless of any inspection results. Conv/DSCR/cash ok. Buyers to perform own due diligence and verify all property condition and information. Properties are available as a portfolio as well. Inquire with listing agent. MLS #5018959 ,#5018881,#5018757,#5018618,#5018346,#5018346,#5018353,#5018743.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. Brokerage Email: 440-444-1307 rbauer@realtywise.com License #2003011130 Listed on: 02/22/2024

Last Buyer's Agent

Jeffrey Smith

Howard Hanna License #2010001195

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 1971

Lot Details

  • 7,362 Sq Ft Lot
  • Lot Dimensions are 58 x 127

Parking

  • 2 Car Detached Garage

Home Design

  • Split Level Home
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1.5 Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 03-00-100-117-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,823

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1971
  • Attribution Contact: 440-444-1307 rbauer@realtywise.com
  • Above Grade Finished Sq Ft: 1580.0
  • Architectural Style: Bi-Level
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two, One, Multi/Split
  • Property Attached Yn: No
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.169
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, 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: 03-00-100-117-002
  • LandLeaseYN: No
  • Lot Dimensions: 58 x 127
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1823.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 23, 2024
Sold by
Gdv Lorain Llc
Bought by
Dalton John P
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
Jeffrey Smith
Howard Hanna
List Price
$125,000
Sold Price
$96,000
Premium/Discount to List
-$29,000
-23.2%
Views
59
Current Estimated Value
$128,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,897
Avg. Annual Appreciation
12.67%

Purchase Details

Closed on
Nov 15, 2019
Sold by
Akin Deborah J
Bought by
Goodday Ventures Llc

Purchase Details

Closed on
Jan 26, 2010
Sold by
Ruiz Freddy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 15, 2010
Sold by
Fannie Mae
Bought by
Akin Deborah J

Purchase Details

Closed on
Jun 13, 2000
Sold by
Citifinancial Inc
Bought by
Ruiz Freddy and Ruiz Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,757
Interest Rate
8.55%

Purchase Details

Closed on
Mar 14, 2000
Sold by
Sexton George D
Bought by
Citifinancial Inc and City Loan Financial Services Inc
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
Dalton John P $96,000 Miller Home Title
Goodday Ventures Llc -- None Available
Federal National Mortgage Association $34,000 None Available
Akin Deborah J $38,000 Accutitle Agency Inc
Ruiz Freddy $61,900 Lorain County Title Co Inc
Citifinancial Inc $54,500 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gdv Lorain Llc $690,150
Previous Owner Ruiz Freddy $33,000
Previous Owner Ruiz Freddy $17,000
Previous Owner Ruiz Freddy $82,000
Previous Owner Ruiz Freddy $63,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $96,000 -12.7% $61 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $110,000 -12.0% $70 / Sq Ft
02/22/2024 02/22/24 For Sale $125,000 -- $79 / 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 $1,741 $41,206 $5,019 $36,187
2023 $1,657 $31,371 $5,583 $25,788
2022 $1,643 $31,371 $5,583 $25,788
2021 $1,643 $31,371 $5,583 $25,788
2020 $1,523 $25,250 $4,490 $20,760
2019 $1,514 $25,250 $4,490 $20,760
2018 $1,510 $25,250 $4,490 $20,760
2017 $1,505 $23,650 $5,250 $18,400
2016 $1,493 $23,650 $5,250 $18,400
2015 $1,411 $23,650 $5,250 $18,400
2014 $1,347 $22,630 $5,020 $17,610
2013 $1,337 $22,630 $5,020 $17,610
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Bauer

    Seller's Agent in 2024

    Rebecca Bauer

    Realtywise, Inc.

    (440) 527-0220

    65 in this area

    141 Total Sales

    Rebecca Bauer
    Section Image

  • J

    Buyer's Agent in 2024

    Jeffrey Smith

    Howard Hanna

    (440) 610-9788

    8 in this area

    68 Total Sales

    Jeffrey Smith
    Section Image
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Map

Source: MLS Now

MLS Number: 5018743

MLS Now

APN: 03-00-100-117-002

Ohio Lorain County Lorain 44055

1912 E 40th St, Lorain, OH

This home is located at 1912 E 40th St, Lorain, OH 44055 since 22 February 2024 and is currently estimated at $128,897, approximately $81 per square foot. This property was built in 1971. 1912 E 40th St is a home located in Lorain County with nearby schools including Helen Steiner Rice Elementary School, Southview Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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