NOT LISTED FOR SALE

2040 W River Rd N Elyria, OH 44035

Estimated Value: $181,000 - $261,000

1 Bed
3 Baths
2,880 Sq Ft
$75/Sq Ft Est. Value

About This Home

This home is located at 2040 W River Rd N, Elyria, OH 44035 and is currently estimated at $214,997, approximately $74 per square foot. 2040 W River Rd N is a home located in Lorain County with nearby schools including Crestwood Elementary School, Westwood Middle School, and Elyria High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2022
Sold by
Hite Jacob R
Bought by
Morris Peter and Dobrowski Christianna
Current Estimated Value
$214,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Outstanding Balance
$129,496
Interest Rate
5.1%
Estimated Equity
$85,501

Purchase Details

Closed on
Oct 29, 2018
Sold by
Shumaker Gerald G and Will Of Vivien M Jamison
Bought by
Hite Jacob R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,450
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Morris Peter -- --
Hite Jacob R $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Peter $136,500
Previous Owner Hite Jacob R $82,450
Source: Public Records

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 $2,650 $65,289 $10,997 $54,292
2023 $2,506 $50,950 $11,487 $39,463
2022 $2,487 $50,950 $11,487 $39,463
2021 $2,487 $50,950 $11,490 $39,460
2020 $2,458 $45,610 $10,280 $35,330
2019 $2,441 $45,610 $10,280 $35,330
2018 $2,368 $45,610 $10,280 $35,330
2017 $2,284 $39,680 $10,280 $29,400
2016 $2,267 $39,680 $10,280 $29,400
2015 $2,229 $39,680 $10,280 $29,400
2014 $1,936 $39,680 $10,280 $29,400
2013 $1,848 $39,680 $10,280 $29,400
Source: Public Records

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