NOT LISTED FOR SALE

2151 E 40th St Lorain, OH 44055

Estimated Value: $164,000 - $195,000

3 Beds
2.5 Baths
2,224 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $104,000 $47 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,098/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Cul-De-Sac

About This Home

As of June 2020

This AMAZING Ranch home has so much to offer! From the beautiful front porch & semi-finished basement to the over-sized 2 car garage with a separate room and over head storage. It has been very well taken care of and loved by the same owners for 33 years! MOVE IN condition and located on a quiet cul-de-sac street. 3 bedrooms, 2 FULL baths and 1 half bath (1/2 is in master bedroom). The dry basement includes a sump pump (rare for this area), an additional kitchen, full bath and family room making it a great spot for family fun! There's also a 4th bedroom and plenty of extra storage rooms. You're not gonna want to miss out on this one!! Call to see it today!

Last Agent to Sell the Property

Jacqueline Roman

Russell Real Estate Services License #2017001134 Listed on: 04/29/2020

Russell Real Estate Services

Last Buyer's Agent

Sophia Hernandez-Ortiz

Keller Williams Elevate License #2015003066

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1962

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

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

Community Details

  • Oakwood Acres Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-099-107-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 93.53
  • Estimated Price per Sq Ft: 93.53
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1112
  • Year Built: 1962
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1112.00
  • Sq Ft Approx Below Grade Finished: 1112.00
  • Sq Ft Approx Total Finished: 2224.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • 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 Description: Cul de Sac
  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-099-107-028

Tax Info

  • Tax: 1506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 25, 2020
Sold by
Patterson Ruth and The Rodriguez Family Trust
Bought by
Pagan Miranda Marta M and Martinez Pacheco Jose
Seller's Agent
Jacqueline Roman
Russell Real Estate Services
Buyer's Agent
Sophia Hernandez-Ortiz
Keller Williams Elevate
List Price
$99,500
Sold Price
$104,000
Premium/Discount to List
$4,500
4.52%
Current Estimated Value
$172,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,634
Avg. Annual Appreciation
10.03%
Original Mortgage
$102,116
Outstanding Balance
$91,708
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$78,235

Purchase Details

Closed on
Apr 20, 2020
Sold by
Rodriguez Julio and Rodriguez Julia M
Bought by
Patterson Ruth and The Rodriguez Family Trust

Purchase Details

Closed on
May 3, 2018
Sold by
Rodriguez Julio and Rodriguez Julia M
Bought by
Patterson Ruth and Rodriguez Kay Gladys
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pagan Miranda Marta M $104,000 First American Title Ins Co
Patterson Ruth -- None Available
Patterson Ruth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Marta M Pagan $3,485
Open Pagan Miranda Marta M $102,116
Previous Owner Rodriguez Julio $12,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $104,000 +4.5% $47 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $99,500 -- $45 / 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 $1,892 $45,878 $5,191 $40,688
2023 $1,720 $33,387 $5,779 $27,608
2022 $1,705 $33,387 $5,779 $27,608
2021 $1,704 $33,387 $5,779 $27,608
2020 $1,621 $26,880 $4,650 $22,230
2019 $1,612 $26,880 $4,650 $22,230
2018 $1,613 $26,880 $4,650 $22,230
2017 $1,506 $23,670 $5,430 $18,240
2016 $1,494 $23,670 $5,430 $18,240
2015 $1,412 $23,670 $5,430 $18,240
2014 $1,347 $22,640 $5,190 $17,450
2013 $1,337 $22,640 $5,190 $17,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4184691

MLS Now

APN: 03-00-099-107-028