$155,000
SOLD JAN 15, 2025

2123 E 40th St Lorain, OH 44055

3 Beds
1.5 Baths
2,224 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

7% Above List Price

78 Days on Market

Highlights

  • No HOA
  • Porch
  • Property is Fully Fenced
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2025

Charming 3-bedroom, 1.5-bath ranch home offering comfortable one-floor living, a full basement, and an oversized 2-car garage. The fenced backyard is perfect for privacy and outdoor enjoyment. This home has been updated with central air for year-round comfort, a beautiful vinyl exterior with premium partial brick front, and updated energy-efficient vinyl windows. The modern dimensional roof adds durability, and the relaxing front porch is ideal for enjoying your morning coffee. Inside, you’ll find three spacious bedrooms, including an owner’s suite with direct access to the bath. Cooks and entertainers will love the large eat-in kitchen with a gas range, plenty of cabinet/counter space for prep and storage, and a formal dining room perfect for holiday gatherings. The full open basement offers a fantastic space for a rec room or future expansion. With a large driveway for multiple cars/large garage and situated on a quiet, desirable street, this home has it all. Call today for your private tour!

Last Agent to Sell the Property

Christopher Frederick

Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com 216-210-7653 License #426983 Listed on: 10/22/2024

Coldwell Banker Schmidt Realty

Last Buyer's Agent

Maria Pettet

Keller Williams Elevate License #2018005947

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x127
  • Property is Fully Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Oakwood Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-099-107-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,282

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1960
  • Attribution Contact: thefrederickteam@gmail.com 216-210-7653
  • Co List Office Phone: 440-327-2123
  • Subdivision Name: Oakwood Acres
  • Above Grade Finished Sq Ft: 1112.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1112.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: Full
  • Acres: 0.17
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-099-107-021
  • LandLeaseYN: No
  • Lot Dimensions: 60x127
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1282.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Jan 14, 2025
Sold by
Mrosko Kelly A
Bought by
Centeno Yadiel Andino and Centeno Yaritza Andino
Seller's Agent
Christopher Frederick
Coldwell Banker Schmidt Realty
Buyer's Agent
Maria Pettet
Keller Williams Elevate
List Price
$145,000
Sold Price
$155,000
Premium/Discount to List
$10,000
6.9%
Views
30
Current Estimated Value
$162,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,237
Avg. Annual Appreciation
4.87%
Original Mortgage
$152,192
Outstanding Balance
$150,583
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$11,654

Purchase Details

Closed on
Sep 26, 1997
Sold by
Last Will Of Scoffil Sabina O and Mrosko Mary Ann
Bought by
Mrosko Jeff A and Mrosko Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,720
Interest Rate
6.95%
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 Type Sale Price Title Company
Warranty Deed $155,000 None Listed On Document
Warranty Deed $155,000 None Listed On Document
Executors Deed $76,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,192 FHA
Closed $152,192 FHA
Previous Owner $73,720 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $155,000 +6.9% $70 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
10/22/2024 10/22/24 For Sale $145,000 -- $65 / 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 $1,296 $41,241 $5,191 $36,050
2023 $1,282 $34,066 $5,779 $28,287
2022 $1,293 $34,066 $5,779 $28,287
2021 $1,293 $34,066 $5,779 $28,287
2020 $1,097 $27,430 $4,650 $22,780
2019 $1,091 $27,430 $4,650 $22,780
2018 $1,038 $27,430 $4,650 $22,780
2017 $985 $24,640 $5,430 $19,210
2016 $977 $24,640 $5,430 $19,210
2015 $922 $24,640 $5,430 $19,210
2014 $858 $23,570 $5,190 $18,380
2013 $851 $23,570 $5,190 $18,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5079295

MLS Now

APN: 03-00-099-107-021