NOT LISTED FOR SALE

2072 W 40th Place Cleveland, OH 44113

Ohio City Neighborhood

Estimated Value: $430,058 - $567,000

3 Beds
2.5 Baths
1,781 Sq Ft
$288/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2017

Last sale price $286,827 $161 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,814 / mo

378 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Colonial Architecture
  • 2 Car Detached Garage
  • City View
  • Community Pool
  • 2-minute walk to Greenwood park

About This Home

As of October 2017

Beautiful NEW CONSTRUCTION in Ohio City's 'south of Lorain' district by Knez Builders!! 15 Year Tax Abatement! Detached Single Family Homes feature a modern, contemporary flair and a massive open great room! Tons of natural light, dramatic high ceilings (On 1st)! Smart, efficiently laid out kitchen features Island + walls of cabinets! Full basement can be finished into your dream man cave, theater, gym, or 'in law' suite! Bedroom level laundry! 95% plus efficient furnaces, Low / Argon Filled windows by JELD-WEN, R-19 exterior insulation + R-38 ceiling insulation are some of the cutting edge green built technologies used to make heating / cooling costs affordable! 2 car garage accessed off alley in rear creates SPACIOUS courtyard / yard's for entertaining, pets, pool + more! Enjoy the excitement of selecting all your finishes for your new home! Very close proximity to the exciting LORAIN RETAIL (Great new restaurants, retail and more!) West Side Market! Great highway accessibility, too! Amazing value (With some great architectural elements, too!) for new construction in the city! Grab this one because prices are going up in this highly desired district!

Last Agent to Sell the Property

Ted Theophylactos

Howard Hanna License #385222 Listed on: 01/26/2016

Howard Hanna

Last Buyer's Agent

Ted Theophylactos

Howard Hanna License #385222 Listed on: 01/26/2016

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 30 x 100
  • West Facing Home

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,781 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 007-06-057

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Ohio City Community
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 2017 | Newly Remodeled

Lot Details

3,006 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: West
  • Price Per Square Foot: 170.12
  • Estimated Price per Sq Ft: 170.12
  • Year Built Exception: New Construction
  • Num Of Stories: 2.00
  • Total Sq Ft: 1686
  • Year Built: 2017
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2017

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Smoke Detector
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 1781
  • Sq Ft Approx Above Grade Finished: 1686.00
  • Sq Ft Approx Total Finished: 1686.00
  • Estimated Total Living Area: 1781
  • Estimated Sq Ft: 1781

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Park, Playground, Pool, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Ohio City

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Dimensions: 30 x 100
  • Lot Size Units: Acres
  • Parcel Number: 007-06-057

Tax Info

  • Tax: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Oct 13, 2017
Sold by
B R Knez Constructions Inc
Bought by
Nash Phillip Andrew and Nash Randi Lee
Seller's Agent
Ted Theophylactos
Howard Hanna
Buyer's Agent
Ted Theophylactos
Howard Hanna
List Price
$239,000
Sold Price
$286,827
Premium/Discount to List
$47,827
20.01%
Current Estimated Value
$512,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,438
Avg. Annual Appreciation
7.10%
Original Mortgage
$272,514
Outstanding Balance
$224,310
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$287,955

Purchase Details

Closed on
Oct 5, 2016
Sold by
Turoczi Steve and Turoczi Maria
Bought by
Br Knez Construction Inc

Purchase Details

Closed on
Jan 1, 1975
Bought by
Turoczi Steve and Turoczi Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nash Phillip Andrew $298,857 Ohio Real Title
Br Knez Construction Inc $12,000 Attorney
Turoczi Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Phillip Andrew $272,514
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2017 10/13/17 Sold $286,827 -2.3% $161 / Sq Ft
08/29/2017 08/29/17 Price Changed $293,488 +22.3% $165 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/26/2017 01/26/17 Price Changed $239,900 +0.4% $135 / Sq Ft
01/26/2016 01/26/16 For Sale $239,000 -- $134 / Sq Ft
Source: MLS Now

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
2025 $1,155 $131,250 $17,605 $113,645
2024 $1,154 $131,250 $17,605 $113,645
2023 $237 $3,120 $3,120 $0
2022 $235 $122,640 $3,120 $119,530
2021 $233 $122,640 $3,120 $119,530
2020 $212 $2,450 $2,450 $0
2019 $196 $7,000 $7,000 $0
2018 $200 $2,450 $2,450 $0
2017 $207 $2,450 $2,450 $0
2016 $206 $2,450 $2,450 $0
2015 $205 $2,450 $2,450 $0
2014 $168 $2,000 $2,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Ted Theophylactos

    Seller's Agent in 2017

    Ted Theophylactos

    Howard Hanna

    (216) 375-7060

    15 in this area

    332 Total Sales

    Ted Theophylactos
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Map

Source: MLS Now

MLS Number: 3776481

MLS Now

APN: 007-06-057

Ohio Cuyahoga County Cleveland 44113 Ohio City

2072 W 40th Place, Cleveland, OH

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