NOT LISTED FOR SALE

1939 E 40th St Lorain, OH 44055

Estimated Value: $137,000 - $177,000

3 Beds
2 Baths
1,012 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $93,500 $92 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $989/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 1 Car Attached Garage

About This Home

As of October 2020

3 Bed Split level, Great Investment or to make it your first home, Has a Back Porch for entertaining and brick fireplace to keep warm, Shed
with fenced in back yard!

Last Agent to Sell the Property

Josephine Andrick

Key Realty License #2004009802 Listed on: 09/08/2020

Key Realty

Last Buyer's Agent

Sophia Hernandez-Ortiz

Keller Williams Elevate License #2015003066

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,419

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 54x137

Parking

  • 1 Car Attached Garage

Home Design

  • Split Level Home
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Oakwood Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-100-116-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,419

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Split Level
  • Price Per Square Foot: 92.39
  • Estimated Price per Sq Ft: 92.39
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1012
  • Year Built: 1964
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1012.00
  • Sq Ft Approx Total Finished: 1012.00

Exterior Features

  • Exterior: Vinyl
  • 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

Schools

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

Lot Info

  • Lot Dimensions: 54x137
  • Lot Size Units: Acres
  • Acres: 0.2000
  • Parcel Number: 03-00-100-116-025

Tax Info

  • Tax: 1419

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 29, 2020
Sold by
Jeter Tyrone A and Jeter Juanita L
Bought by
Santiago Amy
Seller's Agent
Josephine Andrick
Key Realty
Buyer's Agent
Sophia Hernandez-Ortiz
Keller Williams Elevate
List Price
$88,000
Sold Price
$93,500
Premium/Discount to List
$5,500
6.25%
Total Days on Market
6
Current Estimated Value
$154,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,657
Avg. Annual Appreciation
10.58%
Original Mortgage
$91,805
Outstanding Balance
$82,620
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$65,712

Purchase Details

Closed on
Jul 8, 1999
Sold by
Jeter Tyrone A and Jeter Juanita L
Bought by
Spraggins Darnell and Spraggins Carlett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 1995
Sold by
Parsons Gloria I
Bought by
Jeter Tyrone A and Jeter Juanita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,725
Interest Rate
7.81%
Mortgage Type
FHA
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
Santiago Amy $93,500 Accommodation
Spraggins Darnell $98,500 --
Jeter Tyrone A $87,888 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Amy $91,805
Previous Owner Jeter Tyrone A $80,605
Previous Owner Spraggins Darnell $90,000
Previous Owner Jeter Tyrone A $87,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $93,500 +6.3% $92 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $88,000 -- $87 / 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 $1,490 $35,259 $5,600 $29,659
2023 $1,553 $29,390 $6,237 $23,153
2022 $1,540 $29,390 $6,237 $23,153
2021 $1,539 $29,390 $6,240 $23,150
2020 $1,427 $23,660 $5,020 $18,640
2019 $1,419 $23,660 $5,020 $18,640
2018 $1,419 $23,660 $5,020 $18,640
2017 $1,457 $22,890 $6,170 $16,720
2016 $1,445 $22,890 $6,170 $16,720
2015 $1,365 $22,890 $6,170 $16,720
2014 $1,304 $21,910 $5,910 $16,000
2013 $1,294 $21,910 $5,910 $16,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4222508

MLS Now

APN: 03-00-100-116-025