NOT LISTED FOR SALE

1920 E 40th St Lorain, OH 44055

Estimated Value: $101,000 - $150,000

3 Beds
1 Bath
864 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $41,750 $48 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $815/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Porch
  • North Facing Home

About This Home

As of July 2014

A cute-cozy-updated and affordable 3 bedroom ranch home with detached 2 car garage. It's a prescription for pleasure at a price you can afford. 3 updated bedrooms. Step-easy kitchen with modern cabinets and built-in microwave, dishwasher and wine rack. Newer carpet in the living room and one of the 3 bedrooms. Ceiling fans most rooms. Fenced-in backyard. Laundry room. Gas Heat. Relaxing 5 x 14 front porch. Hot water tank less than a year old. Cruise to shopping or zip to work with all the main roads close by. Opportunity is knocking, so don't wait too long to view and buy this vinyl sided ranch home today. Dreams don't last forever, and neither do dream homes. Don't miss out on this opportunity.

Last Agent to Sell the Property

Russ Dickerhoff

Russell Real Estate Services License #249750 Listed on: 06/01/2014

Russell Real Estate Services

Last Buyer's Agent

Maria Zimmerman

Deleted Agent License #209095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $470

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 58 x 127
  • North Facing Home
  • Chain Link Fence

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Oakwood Acres Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-100-117-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$470

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: North
  • Price Per Square Foot: 48.32
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 864
  • Year Built: 1960
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Smoke Detector
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Crawl
  • Living Area Sq Ft: 864
  • Estimated Total Living Area: 864
  • Estimated Sq Ft: 864

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Oakwood Acres

Schools

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

Lot Info

  • Lot Dimensions: 58 x 127
  • Lot Size Area Sq Ft: 0.1600
  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 03-00-100-117-004

Tax Info

  • Tax: 470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2014
Closed on
Jul 29, 2014
Sold by
Smith Glenna M and Bailey Gwendelyn
Bought by
Morales Edward
Seller's Agent
Russ Dickerhoff
Russell Real Estate Services
Buyer's Agent
Maria Zimmerman
Deleted Agent
List Price
$44,777
Sold Price
$41,750
Premium/Discount to List
-$3,027
-6.76%
Total Days on Market
8
Current Estimated Value
$128,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,141
Avg. Annual Appreciation
10.94%
Original Mortgage
$39,600
Outstanding Balance
$22,581
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$106,310
Source: Public Records

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Range of Values:

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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
Morales Edward $41,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Edward $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2014 07/30/14 Sold $41,750 -6.8% $48 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $44,777 -- $52 / 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 $1,132 $27,461 $5,019 $22,442
2023 $1,150 $22,323 $5,583 $16,741
2022 $1,139 $22,323 $5,583 $16,741
2021 $1,139 $22,323 $5,583 $16,741
2020 $1,056 $17,970 $4,490 $13,480
2019 $1,050 $17,970 $4,490 $13,480
2018 $1,051 $17,970 $4,490 $13,480
2017 $1,098 $17,710 $5,250 $12,460
2016 $1,089 $17,710 $5,250 $12,460
2015 $1,028 $17,710 $5,250 $12,460
2014 $474 $16,950 $5,020 $11,930
2013 $470 $16,950 $5,020 $11,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3623499

MLS Now

APN: 03-00-100-117-004