NOT LISTED FOR SALE

2540 E 38th St Lorain, OH 44055

Estimated Value: $126,000 - $153,193

3 Beds
1.5 Baths
1,083 Sq Ft
$132/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $84,900 $78 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $903/month

38 Days on Market

Highlights

  • Cape Cod Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Patio
  • 2-minute walk to Homewood Park

About This Home

As of November 2021

Cozy 3 bedroom/1.5 bath home in Lorain. Large front porch to sit out and enjoy. Insulated and heated 2 car garage. Rear covered patio overlooking the fenced yard. Two bedrooms and full bath on 1st floor. Third bedroom upstairs with lots of storage. Full basement for added living space with laundry and toilet. Water heater is 3 years old and blower motors in furnace recently replaced.

Last Agent to Sell the Property

Jamie Brasee

Century 21 Homestar License #2007002001 Listed on: 09/13/2021

Century 21 Homestar

Last Buyer's Agent

Karen Halman

Century 21 Homestar License #2006006549

Century 21 Homestar

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,497

Year Built

  • Built in 1949

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 60x130
  • North Facing Home

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,083 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-080-109-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,497

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • House Faces: North
  • Price Per Square Foot: 78.39
  • Estimated Price per Sq Ft: 78.39
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1083
  • Year Built: 1949
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1083.00
  • Sq Ft Approx Total Finished: 1083.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric, Heated
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 60x130
  • Lot Size Units: Acres
  • Acres: 0.1790
  • Parcel Number: 03-00-080-109-013

Tax Info

  • Tax: 1497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Montgomery Street Homes Llc
Bought by
Montgomery Street Homes Llc
Current Estimated Value
$142,548

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 17, 2021
Sold by
Elbon Michelle and Elbon Robert
Bought by
Montgomery Street Homes Llc
Seller's Agent
Jamie Brasee
Century 21 Homestar
Buyer's Agent
Karen Halman
Century 21 Homestar
List Price
$109,900
Sold Price
$84,900
Premium/Discount to List
-$25,000
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Feb 2, 2012
Sold by
Estate Of William U Davis
Bought by
Elbon Michelle
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montgomery Street Homes Llc $295,900 None Listed On Document
Montgomery Street Homes Llc $84,900 Black Tie Title
Elbon Michelle -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $84,900 0.0% $78 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/12/2021 10/12/21 Price Changed $84,900 -10.5% $78 / Sq Ft
10/07/2021 10/07/21 Price Changed $94,900 -5.0% $88 / Sq Ft
09/21/2021 09/21/21 Price Changed $99,900 -9.1% $92 / Sq Ft
09/13/2021 09/13/21 For Sale $109,900 -- $101 / 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 $1,868 $44,216 $11,211 $33,005
2023 $1,629 $30,839 $6,713 $24,126
2022 $1,615 $30,839 $6,713 $24,126
2021 $1,615 $30,839 $6,713 $24,126
2020 $1,497 $24,830 $5,400 $19,430
2019 $1,489 $24,830 $5,400 $19,430
2018 $1,490 $24,830 $5,400 $19,430
2017 $1,507 $23,690 $6,850 $16,840
2016 $1,496 $23,690 $6,850 $16,840
2015 $1,413 $23,690 $6,850 $16,840
2014 $1,417 $22,670 $6,550 $16,120
2013 $1,339 $22,670 $6,550 $16,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4316672

MLS Now

APN: 03-00-080-109-013