NOT LISTED FOR SALE

2305 W 40th St Cleveland, OH 44113

Ohio City Neighborhood

Estimated Value: $241,000 - $352,000

2 Beds
1.5 Baths
1,080 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $220,000 $204 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,771/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • West Facing Home
  • Deck
  • Forced Air Heating and Cooling System
  • 1-minute walk to Greenwood park

About This Home

As of August 2020

Welcome Home To This Perfect Introduction To City Living!... This Adorable 2 Bedroom Home Is Situated On A Quiet Dead End Street In Ohio City's Beautiful South Of Lorain Neighborhood ….This Home Is Like New And Thoughtfully Designed To Maximize Every Inch Of Space….First Floor Open Floor Plan With Recessed Lighting And Beautiful Wide Plank Wood Floors Throughout ….Gorgeous Brand New Kitchen With White Quartz Countertops, Plenty Of Cabinet Space, And Brand New Samsung Appliances!.. Right Off The Kitchen Is The Door To The Brand New Low Maintenance Composite Deck Perfect For Entertaining …. Convenient First Floor Powder Room ….The Second Floor Has Two Generous Sized Bedrooms With Double Door Closets And Lots Of Natural Light …The Full Bath Has A Large Vanity With Stone Countertop, Linen Closet For Storage, And Gorgeous Tiled Shower And Tub...Spacious Upstairs Landing Allows For Additional Flex Space That Could House A Desk Or Reading Nook …Full Basement For Plenty Of Extra Storage Space…Every Square Foot Of This Home Was Renovated In 2020 With All New Electrical And Wiring, HVAC, Roof, Windows, Siding, Interior Walls, Trim, Solid Wood Doors, Hinges, Hardware, Plumbing…No Expense Was Spared…The Low Traffic Street Allows For Plenty Of Parking For Guests...The Picture Of City Living With The Perfect Combo Of New And Old All Around...This Home Meets Eligibility Requirements And Process Is Underway For City Of Cleveland 15 Year Tax Abatement! Very Affordable & Very Attractive Home!

Last Agent to Sell the Property

John Vrsansky, Jr.

On Target Realty, Inc. License #220729 Listed on: 07/30/2020

Co-Listed By

Ericka Bazzo

On Target Realty, Inc. License #2011002765

Last Buyer's Agent

Ericka Bazzo

On Target Realty, Inc. License #2011002765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1890

Lot Details

  • 3,402 Sq Ft Lot
  • Lot Dimensions are 38 x 34
  • West Facing Home
  • Partially Fenced Property

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Hills Community

Listing and Financial Details

  • Assessor Parcel Number 007-06-114

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,587

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: West
  • Price Per Square Foot: 203.70
  • Estimated Price per Sq Ft: 203.70
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1080
  • Year Built: 1890
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Wall Oven, Range, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1080.00
  • Sq Ft Approx Total Finished: 1080.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Porch
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Hills

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Dimensions: 38 x 34
  • Lot Size Units: Acres
  • Acres: 0.0781
  • Parcel Number: 007-06-114

Tax Info

  • Tax: 1587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Aug 25, 2020
Sold by
Near West Reinvestment Llc
Bought by
Lazar Karen Margaret and Osovich Patrice M
Seller's Agent
John Vrsansky, Jr.
On Target Realty, Inc.
Buyer's Agent
Ericka Bazzo
On Target Realty, Inc.
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
Current Estimated Value
$306,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,170
Avg. Annual Appreciation
6.60%
Original Mortgage
$204,000
Outstanding Balance
$181,037
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$125,134

Purchase Details

Closed on
Jan 30, 2017
Sold by
Dionisepoulos Nicholas
Bought by
Cleveland Bricks Llc

Purchase Details

Closed on
Oct 2, 2002
Sold by
Adams David A and Adams Rachel
Bought by
Adams David A and Adams Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.39%

Purchase Details

Closed on
Sep 12, 1997
Sold by
Kinder Jason L
Bought by
Adams David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
7.44%
Mortgage Type
New Conventional
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
Lazar Karen Margaret $220,000 Infinite Title
Cleveland Bricks Llc $27,500 Cleveland Home Title
Adams David A -- First Service Title Agency I
Adams David A $29,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazar Karen Margaret $204,000
Previous Owner Adams David A $57,600
Previous Owner Adams David A $29,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $220,000 -4.3% $204 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $229,900 -- $213 / 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 $2,028 $99,820 $11,550 $88,270
2023 $1,471 $19,400 $5,290 $14,110
2022 $1,463 $69,440 $5,285 $64,155
2021 $1,448 $69,440 $5,290 $64,160
2020 $1,714 $19,390 $4,170 $15,230
2019 $1,587 $55,400 $11,900 $43,500
Source: Public Records

Agents Affiliated with this Home

  • John Vrsansky, Jr.

    Seller's Agent in 2020

    John Vrsansky, Jr.

    On Target Realty, Inc.

    (440) 356-2000

    1 in this area

    283 Total Sales

    John Vrsansky, Jr.
    Section Image
  • Ericka Bazzo

    Seller Co-Listing Agent in 2020

    Ericka Bazzo

    On Target Realty, Inc.

    (216) 799-6283

    14 in this area

    261 Total Sales

    Ericka Bazzo
    Section Image
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Map

Source: MLS Now

MLS Number: 4210762

MLS Now

APN: 007-06-114

Ohio Cuyahoga County Cleveland 44113 Ohio City

2305 W 40th St, Cleveland, OH

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