NOT LISTED FOR SALE

1932 E 40th St Lorain, OH 44055

Estimated Value: $125,000 - $159,000

3 Beds
1 Bath
960 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $117,000 $122 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $846/month

8 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Shed
  • Property is Fully Fenced

About This Home

As of August 2022

If you're looking for one floor living, then be sure to schedule your showing today for this charming 3 bedroom ranch with attached garage & all amenities including laundry on one floor! This home features updated vinyl plank flooring throughout the main areas of the home and carpet throughout the bedrooms. The kitchen provides plenty of cabinet & countertop space and walks out to a relaxing patio with a fenced in back yard. This one will not last!

Last Agent to Sell the Property

Ralph Mercado

Russell Real Estate Services License #2020002221 Listed on: 07/06/2022

Russell Real Estate Services

Last Buyer's Agent

Stephen Stecura

Keller Williams Citywide License #2020001467

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 127
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Oakwood Acres 07 Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-100-117-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 121.88
  • Estimated Price per Sq Ft: 121.88
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 960
  • Year Built: 1969
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1969

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 960.00
  • Sq Ft Approx Total Finished: 960.00

Exterior Features

  • Exterior: Stone, Vinyl
  • Exterior Features: Deck, Patio, Shed
  • Fences: Chain Link, Full, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Oakwood Acres 07

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 60 x 127
  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-100-117-006
  • LandLeaseYN: No

Tax Info

  • Tax: 1169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 15, 2022
Sold by
Ross Jill A and Ross Brian A
Bought by
Herriott Gary E and Herriott Laura L
Seller's Agent
Ralph Mercado
Russell Real Estate Services
Buyer's Agent
Stephen Stecura
Keller Williams Citywide
List Price
$117,000
Sold Price
$117,000
Views
1
Current Estimated Value
$141,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,351
Avg. Annual Appreciation
5.92%
Original Mortgage
$93,600
Outstanding Balance
$89,335
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$52,016

Purchase Details

Listed on
Jul 6, 2022
Closed on
Jun 21, 2022
Sold by
Davis Lynda S
Bought by
Ross Brian A and Ross Jill A
Seller's Agent
Ralph Mercado
Russell Real Estate Services
Buyer's Agent
Stephen Stecura
Keller Williams Citywide
List Price
$117,000
Sold Price
$117,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Outstanding Balance
$89,335
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$52,016

Purchase Details

Closed on
Jan 12, 2017
Sold by
Ross Brian A
Bought by
Ross Brian A and Ross Jill A

Purchase Details

Closed on
Aug 23, 2016
Sold by
Ross Jalen D
Bought by
Ross Brian A and Ross Jill A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herriott Gary E $117,000 Oldham Joseph K
Ross Brian A -- Costanzo & Lazzaro Pll
Ross Brian A -- --
Ross Brian A $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herriott Gary E $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2022 08/16/22 Sold $117,000 +6.4% $122 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/12/2022 07/12/22 Price Changed $110,000 -6.0% $115 / Sq Ft
07/06/2022 07/06/22 For Sale $117,000 -- $122 / 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 $1,219 $29,561 $5,191 $24,371
2023 $1,179 $22,901 $5,779 $17,122
2022 $1,169 $22,901 $5,779 $17,122
2021 $1,169 $22,901 $5,779 $17,122
2020 $1,084 $18,440 $4,650 $13,790
2019 $1,078 $18,440 $4,650 $13,790
2018 $1,064 $18,440 $4,650 $13,790
2017 $1,051 $16,510 $5,430 $11,080
2016 $1,042 $16,510 $5,430 $11,080
2015 $985 $16,510 $5,430 $11,080
2014 $987 $15,800 $5,190 $10,610
2013 $933 $15,800 $5,190 $10,610
Source: Public Records

Agents Affiliated with this Home

  • Ralph Mercado

    Seller's Agent in 2022

    Ralph Mercado

    Russell Real Estate Services

    (440) 340-1804

    99 in this area

    161 Total Sales

    Ralph Mercado
    Section Image
  • Stephen Stecura

    Buyer's Agent in 2022

    Stephen Stecura

    Keller Williams Citywide

    (440) 336-2465

    3 in this area

    42 Total Sales

    Stephen Stecura
    Section Image
  • Mark Gepperth

    Buyer Co-Listing Agent in 2022

    Mark Gepperth

    Keller Williams Citywide

    (440) 477-0166

    22 in this area

    379 Total Sales

    Mark Gepperth
    Section Image
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Map

Source: MLS Now

MLS Number: 4389053

MLS Now

APN: 03-00-100-117-006

Ohio Lorain County Lorain 44055

1932 E 40th St, Lorain, OH

Not Listed for Sale

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