NOT LISTED FOR SALE

2118 E 40th St Lorain, OH 44055

Estimated Value: $157,414 - $168,000

3 Beds
2 Baths
1,112 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 2118 E 40th St, Lorain, OH 44055 and is currently estimated at $163,604, approximately $147 per square foot. 2118 E 40th St is a home located in Lorain County with nearby schools including Helen Steiner Rice Elementary School, Southview Middle School, and Lorain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2002
Sold by
Hering Carlene L and Hering Carlene L
Bought by
Ortiz Carlene L
Current Estimated Value
$163,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Outstanding Balance
$42,306
Interest Rate
6.99%
Estimated Equity
$121,298

Purchase Details

Closed on
May 24, 2002
Sold by
Ortiz Henry J
Bought by
Ortiz Carlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Outstanding Balance
$42,306
Interest Rate
6.99%
Estimated Equity
$121,298

Purchase Details

Closed on
Feb 26, 1998
Sold by
Tully Michael D and Tully Charles A
Bought by
Hering Carlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,752
Interest Rate
6.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Ortiz Carlene L -- --
Ortiz Carlene -- --
Hering Carlene L $74,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Carlene L $98,800
Closed Hering Carlene L $73,752
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 $1,585 $38,448 $5,191 $33,257
2023 $1,623 $31,518 $5,779 $25,739
2022 $1,609 $31,518 $5,779 $25,739
2021 $1,609 $31,518 $5,779 $25,739
2020 $1,491 $25,370 $4,650 $20,720
2019 $1,483 $25,370 $4,650 $20,720
2018 $1,450 $25,370 $4,650 $20,720
2017 $1,417 $22,850 $5,430 $17,420
2016 $1,405 $22,850 $5,430 $17,420
2015 $1,326 $22,850 $5,430 $17,420
2014 $1,265 $21,860 $5,190 $16,670
2013 $1,256 $21,860 $5,190 $16,670
Source: Public Records

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