NOT LISTED FOR SALE

2131 E 40th St Lorain, OH 44055

Estimated Value: $153,242 - $193,000

3 Beds
1.5 Baths
1,678 Sq Ft
$100/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $35,829 $21 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $1,048/month

40 Days on Market

Highlights

  • City View
  • Baseboard Heating
  • 1-Story Property
  • 1 Car Detached Garage

About This Home

As of November 2016

THIS IS A 3 BEDROOM 1.5 BATH SPLIT LEVEL RANCH WITH A DETACHED 2 CAR GARAGE. IT CAN BE A GREAT PLACE TO CALL HOME WITH A LITTLE WORK. REO PROPERTY, PROPERTY SOLD AS IS W/O REPAIRS, WARRANT OR SELLER DISCLOSURE. THE LISTING BROKER AND SELLER MAKE NO GUARANTEES AS TO THE ACCURACY OF INFORMATION HEREIN. BUYER OR BUYER'S AGENT IS RESPONSIBLE FOR UTILITY ACTIVATION RELATED TO INSPECTION, WATER ACTIVATION NOT AUTHORIZED; AIR PRESSURE ONLY. BUYER OR BUYER'S AGENT IS RESPONSIBLE TO DO DUE DILIGENCE IN FINDING INFORMATION WITH THE CITY OF LORAIN.

Last Agent to Sell the Property

Sharon Maldonado

Deleted Agent License #2005011270 Listed on: 09/07/2016

Deleted Agent

Last Buyer's Agent

David Reddy

Keller Williams Citywide License #2001006408

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 7,405

Parking

  • 1 Car Detached Garage

Home Design

  • Split Level Home
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,678 Sq Ft Home
  • 1-Story Property
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 7,405 Sq Ft Lot
  • Baseboard Heating

Community Details

  • Oakwood Acres Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-099-107-023

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Split Level
  • Price Per Square Foot: 26.00
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1378
  • Year Built: 1961
  • Geocode Confidence: Unknown
  • Special Features: 84
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Living Area Sq Ft: 1678
  • Estimated Total Living Area: 1678
  • Estimated Sq Ft: 1378

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Oakwood Acres

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-099-107-023

Tax Info

  • Tax: 1249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2019
Sold by
Ferro Real Estate Llc
Bought by
Cruz Joshua M
Current Estimated Value
$167,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,025
Outstanding Balance
$97,792
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$63,537

Purchase Details

Closed on
Oct 6, 2017
Sold by
Rosado Fernando
Bought by
Ferro Real Estate Llc

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 4, 2016
Sold by
Wells Fargo Bank
Bought by
Rosado Fernando
Seller's Agent
Sharon Maldonado
Deleted Agent
Buyer's Agent
David Reddy
Keller Williams Citywide
List Price
$41,340
Sold Price
$35,829
Premium/Discount to List
-$5,511
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%

Purchase Details

Closed on
Apr 4, 2016
Sold by
Lorain County Sheriff
Bought by
Wells Fargo Bank
Source: Public Records

Range of Values:

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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
Cruz Joshua M $109,000 Chicago Title
Ferro Real Estate Llc -- --
Rosado Fernando $35,900 --
Wells Fargo Bank $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Joshua M $107,025
Closed Cruz Joshua M $5,450
Previous Owner Rosado Fernando $49,000
Previous Owner Smith Ralph $104,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2016 11/14/16 Sold $35,829 -13.3% $21 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $41,340 -- $25 / 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 $1,633 $39,599 $5,142 $34,458
2023 $1,564 $30,345 $5,719 $24,626
2022 $1,550 $30,345 $5,719 $24,626
2021 $1,550 $30,345 $5,719 $24,626
2020 $1,437 $24,440 $4,610 $19,830
2019 $1,466 $24,440 $4,610 $19,830
2018 $1,466 $24,440 $4,610 $19,830
2017 $1,369 $21,520 $5,370 $16,150
2016 $1,324 $21,520 $5,370 $16,150
2015 $1,249 $21,520 $5,370 $16,150
2014 $1,192 $20,590 $5,140 $15,450
2013 $1,183 $20,590 $5,140 $15,450
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sharon Maldonado

    Deleted Agent

    Section Image
  • David Reddy

    Buyer's Agent in 2016

    David Reddy

    Keller Williams Citywide

    (440) 892-2211

    35 in this area

    279 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 3842918

MLS Now

APN: 03-00-099-107-023

Ohio Lorain County Lorain 44055

2131 E 40th St, Lorain, OH

This home is located at 2131 E 40th St, Lorain, OH 44055 since 07 September 2016 and is currently estimated at $167,311, approximately $99 per square foot. This property was built in 1961. 2131 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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