2501 W 40th St Lorain, OH 44053
Estimated payment $1,280/month
Highlights
- Corner Lot
- 3 Car Garage
- Fenced
- No HOA
- Forced Air Heating and Cooling System
About This Home
Welcome to this move-in ready 3-bedroom, 2-bathroom home that's full of potential and waiting for your personal touch! Nestled on a corner lot with great curb appeal. Enjoy the two-and-a-half car garage plus an attached 1-car garage?perfect for your hobby space. Step into the fully fenced backyard, ideal for summer gatherings, BBQs, or simply relaxing in your own back yard.
Listing Agent
Russell Real Estate Services Brokerage Email: brennanjfrancis@gmail.com 440-258-0525 License #2022004863 Listed on: 06/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,100
Year Built
- Built in 1964
Lot Details
- 10,454 Sq Ft Lot
- Fenced
- Corner Lot
Parking
- 3 Car Garage
Home Design
- Split Level Home
- Asphalt Roof
- Aluminum Siding
- Concrete Siding
Interior Spaces
- 2-Story Property
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Skyline Park 03 Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-02-013-114-003
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,100 | $50,922 | $14,392 | $36,530 |
| 2023 | $2,054 | $39,886 | $11,361 | $28,525 |
| 2022 | $2,036 | $39,886 | $11,361 | $28,525 |
| 2021 | $2,036 | $39,886 | $11,361 | $28,525 |
| 2020 | $1,918 | $32,640 | $9,300 | $23,340 |
| 2019 | $1,907 | $32,640 | $9,300 | $23,340 |
| 2018 | $1,966 | $32,640 | $9,300 | $23,340 |
| 2017 | $2,024 | $32,640 | $11,470 | $21,170 |
| 2016 | $2,008 | $32,640 | $11,470 | $21,170 |
| 2015 | $1,894 | $32,640 | $11,470 | $21,170 |
| 2014 | $1,852 | $32,000 | $11,250 | $20,750 |
| 2013 | $1,838 | $32,000 | $11,250 | $20,750 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $210,000 | -4.5% | -- |
| 06/12/2025 06/12/25 | For Sale | $220,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $115,000 | Leader Title Agency Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $114,086 | FHA |
Source: MLS Now
MLS Number: 5130491
APN: 02-02-013-114-003
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