2507 E 41st St Lorain, OH 44055
3
Beds
1
Bath
1,284
Sq Ft
0.31
Acres
About This Home
As of May 2024HUD Case #412-571398. As is sale. Seller will not make repairs. Buyer is responsible for utilities for all inspections/appraisals. Buyer is also responsible for escrow and correction of all POS violations. FHA uninsurable. Equal housing opportunity. Some updating has been completed in this ranch home (carpet and windows) but additional work will be needed. The home is located on a large lot and is near shopping.
Last Agent to Sell the Property
RE/MAX Above & Beyond License #2003017457 Listed on: 11/19/2014
Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- 0.31 Acre Lot
- Unpaved Streets
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,284 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Baseboard Heating
- Heating System Uses Gas
- Water Not Available
- Sewer Not Available
Community Details
- Homewood Add Community
Listing and Financial Details
- Assessor Parcel Number 03-00-079-103-021
Ownership History
Date
Name
Owned For
Owner Type
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,571
Avg. Annual Appreciation
19.26%
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
Similar Home in Lorain, OH
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Limited Warranty Deed | -- | American Patriot Title Agenc | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $11,500 | None Available | |
| Interfamily Deed Transfer | $82,025 | First Service Title Agency I | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $121,250 | Credit Line Revolving | |
| Previous Owner | $91,603 | FHA | |
| Previous Owner | $72,887 | Unknown | |
| Previous Owner | $61,500 | Purchase Money Mortgage |
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
Tax History Compared to Growth
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
-
Harry Gongloff
Seller's Agent in 2024
Harry Gongloff
Howard Hanna
(440) 670-6323
23 in this area
48 Total Sales
-
Steven Lawson
Buyer's Agent in 2024
Steven Lawson
Russell Real Estate Services
(440) 320-9888
183 in this area
436 Total Sales
-
Debra Foreback
Seller's Agent in 2015
Debra Foreback
RE/MAX
(216) 373-2882
4 in this area
48 Total Sales
-
Rachelle Watters
Buyer's Agent in 2015
Rachelle Watters
Howard Hanna
(216) 396-5431
3 in this area
19 Total Sales
Map
Source: MLS Now
MLS Number: 3669085
APN: 03-00-079-103-021
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