NOT LISTED FOR SALE

2507 E 41st St Lorain, OH 44055

Estimated Value: $132,000 - $154,249

3 Beds
1 Bath
1,284 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $125,000 $97 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $921/month

4 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2024

Welcome to this charming three-bedroom ranch, recently updated to suit modern living. The heart of the home, the kitchen, boasts brand new appliances, ready to inspire culinary creativity and delight the chef within you. With three spacious bedrooms, there's ample room for relaxation and rejuvenation. Whether it's a peaceful night's sleep or a cozy evening spent with loved ones, each space offers comfort and tranquility. Outside, a vast yard awaits, perfect for enjoying the outdoors and entertaining guests. Whether it's a weekend barbecue or a leisurely afternoon basking in the sunshine, this expansive outdoor space offers endless possibilities.

Last Agent to Sell the Property

Harry Gongloff

Howard Hanna Brokerage Email: harrygongloff@howardhanna.com 440-670-6323 License #2020006219 Listed on: 04/19/2024

Howard Hanna

Last Buyer's Agent

Steven Lawson

Russell Real Estate Services License #2020000096

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1951

Lot Details

  • 0.31

Parking

  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • 1-Story Property
  • 0.31 Acre Lot

Community Details

  • No Home Owners Association
  • Homewood Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-079-103-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,369

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1951
  • Attribution Contact: harrygongloff@howardhanna.com 440-670-6323
  • Subdivision Name: Homewood Add
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt
  • Acres: 0.31
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • 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: 03-00-079-103-021
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1369.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 20, 2024
Sold by
M49 Capital Llc
Bought by
Robertson Emmanuel
Seller's Agent
Harry Gongloff
Howard Hanna
Buyer's Agent
Steven Lawson
Russell Real Estate Services
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%
Views
41
Current Estimated Value
$148,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,312
Avg. Annual Appreciation
13.61%
Original Mortgage
$121,250
Outstanding Balance
$119,530
Interest Rate
6.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
$28,782

Purchase Details

Listed on
Nov 19, 2014
Closed on
Jan 5, 2015
Sold by
Secretary Of Hud
Bought by
M49 Capital Llc
Seller's Agent
Debra Foreback
RE/MAX Above & Beyond
Buyer's Agent
Rachelle Watters
Howard Hanna
List Price
$25,000
Sold Price
$21,300
Premium/Discount to List
-$3,700
-14.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.76%

Purchase Details

Closed on
Apr 11, 2014
Sold by
Bank Of America Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Sep 17, 2013
Sold by
Secretary Of Hud
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 27, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Aug 14, 2012
Sold by
Hubbard Harold G
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 17, 2004
Sold by
Hubbard Virginia A and Armstrong Virginia A
Bought by
Hubbard Harold G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Robertson Emmanuel $125,000 American Patriot Title
M49 Capital Llc -- American Patriot Title Agenc
The Secretary Of Hud -- None Available
Bank Of America Na -- None Available
The Secretary Of Hud -- None Available
Bank Of America Na $11,500 None Available
Hubbard Harold G $82,025 First Service Title Agency I
Hubbard Virginia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Emmanuel $121,250
Previous Owner Hubbard Harold G $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $125,000 +4.3% $97 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $119,900 +462.9% $93 / Sq Ft
01/07/2015 01/07/15 Sold $21,300 -14.8% $17 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $25,000 -- $19 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $1,625 $38,476 $16,093 $22,383
2023 $1,369 $25,918 $8,190 $17,728
2022 $1,358 $25,918 $8,190 $17,728
2021 $1,358 $25,918 $8,190 $17,728
2020 $1,258 $20,860 $6,590 $14,270
2019 $1,251 $20,860 $6,590 $14,270
2018 $1,239 $20,860 $6,590 $14,270
2017 $1,227 $19,280 $10,560 $8,720
2016 $1,217 $19,280 $10,560 $8,720
2015 $1,150 $19,280 $10,560 $8,720
2014 $1,097 $18,450 $10,110 $8,340
2013 $1,089 $18,450 $10,110 $8,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5031518

MLS Now (Howard Hanna)

APN: 03-00-079-103-021