$125,000
SOLD MAY 22, 2024

2507 E 41st St Lorain, OH 44055

3 Beds
1 Bath
1,284 Sq Ft
0.31 Acres

Recently Sold

$97 Per Sq Ft

4% Above List Price

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

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
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
$142,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,801
Avg. Annual Appreciation
18.74%

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

Similar Homes in Lorain, OH

  • 223 W 16th St, Lorain, OH 44052

    $140,000

    • 3 Beds
    • 1 Bath
    • 223 W 16th St
    • Lorain, OH

    Don't miss this incredible opportunity to own a charming 3-bedroom, 1-bathroom home in a prime location near Lake Erie! This property, currently being used as a rental, is less than 3 miles from the lake and offers easy access to Lakeside Landing, Oasis Marina, and the popular Lakeview Beach. During the Summer enjoy the annual 'Rockin' on the River' summer concerts at Black River Landing, just

    Johnny Kincaid Howard Hanna

    Section Image
  • 2494 E 39th St, Lorain, OH 44055

    $114,900

    • 3 Beds
    • 1 Bath
    • 2494 E 39th St
    • Lorain, OH

    3 bedroom Homewood Ranch (1056 sq. ft.) - oversized 2+ car attached garage. Eat-in Kitchen/Dinette. Large Living Room. Updated shower with walk-up shower with glass doors. Large Kitchen with tons of counter space. Spacious corner lot - quiet neighborhood. Please DO NOT disturb tenants.

    Diane Griffith NEO Rental Agent, LLC

    Section Image
  • 4207 Willow Ave, Lorain, OH 44055

    $137,000

    • 3 Beds
    • 1 Bath
    • 864 Sq Ft
    • 4207 Willow Ave
    • Lorain, OH

    Do not miss your opportunity to own this remodeled 3 bed; 1 bath ranch. Very functional layout, move right in; detached one car garage; easy access to I-90 and the Turnpike; schedule your showing before its gone.

    Kimberly Strader NEO Rental Agent, LLC

    Section Image
  • 2456 E 37th St, Lorain, OH 44055

    $115,000

    • 3 Beds
    • 1 Bath
    • 1,113 Sq Ft
    • 2456 E 37th St
    • Lorain, OH

    Occupied Property Disclosure. Buyer acknowledges and understands that property herein is reported to be occupied. Buyer accepts responsibility for eviction, lease or rental negotiation, or other remediation, as Buyer finds necessary in order to clarify legal occupancy status. Buyer agrees to hold Seller, Williams & Williams, and its agents harmless from any and all results therein. Property is

    Brian Brockman Williams & Williams Real Estate Auctions

    Section Image
  • 4206 Norfolk Ave, Lorain, OH 44055

    $125,000

    • 3 Beds
    • 1 Bath
    • 4206 Norfolk Ave
    • Lorain, OH

    Welcome to this beautifully updated 3-bedroom, 1-bath ranch offering easy, one-floor living in a smart and functional layout. Step inside to discover a spacious and sunlit oversized living room, perfect for hosting friends or relaxing with family. The seamless flow leads into a refreshed kitchen—renovated in 2024—featuring brand-new cabinetry, sleek stainless steel appliances, durable new

    Theresa Seese McDowell Homes Real Estate Services

    Section Image
  • 2906 Goble Dr, Lorain, OH 44055

    $139,900

    • 3 Beds
    • 1 Bath
    • 2906 Goble Dr
    • Lorain, OH

    Charming 3-Bedroom Ranch with Fenced Backyard & Spacious Garage. Welcome to this lovely and well-maintained ranch home offering comfort, convenience, and charm. Featuring 3 cozy bedrooms, this home is perfect for anyone seeking one-floor living with just the right amount of space. The inviting living area flows seamlessly into the kitchen, creating a warm and functional space for everyday living

    Stacy Pandy CENTURY 21 Asa Cox Homes

    Section Image
  • 2500 E 32nd St, Lorain, OH 44055

    $135,000

    • 3 Beds
    • 1 Bath
    • 2,062 Sq Ft
    • 2500 E 32nd St
    • Lorain, OH

    This solid 3-bed, 1-bath home is tenant-occupied through 12/31/25 at $1,350/month, offering immediate cash flow with potential long-term rental stability for investors. The current tenant is interested in staying beyond lease end. Major mechanicals have been updated: furnace mid-life and hot water tank (2021), vinyl windows throughout, and a mid-life roof and a detached garage. A standout feature

    Mike Azzam RE/MAX Haven Realty

    Section Image
  • 4720 Andover Ave, Lorain, OH 44055

    $137,000

    • 3 Beds
    • 1 Bath
    • 4720 Andover Ave
    • Lorain, OH

    Great house, Great opportunity of having ownership on The Lorain ,Ohio Area. Ranch with three bedrooms one bath Ranch home, with full basement with a Detached 2 Car Garage. If you in the need of a one Level house, look no longer, Come and prepare yourself to Stay.

    Cirilo Cedeno Key Realty

    Section Image
  • 3908 Clinton Ave, Lorain, OH 44055

    $144,900

    • 3 Beds
    • 1 Bath
    • 1,181 Sq Ft
    • 3908 Clinton Ave
    • Lorain, OH

    Charming 3-Bedroom Slab Ranch with Fantastic Outdoor Features! This well-kept 3-bedroom, 1-bathroom ranch-style home offers a great opportunity at an unbeatable price. It features a one-car attached garage and a fully fenced-in backyard, perfect for privacy and outdoor enjoyment. Well kept, it has been lovingly maintained and is ready for your personal touch. One of the standout features of this

    Sabrina Semidey Realuxe Ohio

    Section Image

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 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 (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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now (Howard Hanna)

MLS Number: 5031518

MLS Now (Howard Hanna)

APN: 03-00-079-103-021