NOT LISTED FOR SALE

2547 E 40th St Lorain, OH 44055

Estimated Value: $87,000 - $151,000

3 Beds
1 Bath
1,032 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $32,000 $31 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $798/month

85 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • 4-minute walk to Homewood Park
  • Forced Air Heating System

About This Home

As of April 2012

As is condition

Last Agent to Sell the Property

Maria Zimmerman

Deleted Agent License #209095 Listed on: 01/19/2012

Last Buyer's Agent

Maria Zimmerman

Deleted Agent License #209095 Listed on: 01/19/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 42 x 130

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-00-080-110-015

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 31.01
  • Num Of Stories: 1.00
  • Total Sq Ft: 1032
  • Year Built: 1950
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Slab
  • Living Area Sq Ft: 1032
  • Estimated Total Living Area: 1032
  • Estimated Sq Ft: 1032

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 42 x 130
  • Lot Description: City Lot
  • Lot Size Area Sq Ft: 7841.0000
  • Lot Size Frontage: 42
  • Lot Size Units: Acres
  • Price Per Acre: 177777.78
  • Acres: 0.1800
  • Parcel Number: 03-00-080-110-015

Tax Info

  • Tax: 947

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2012
Sold by
Palmer Joseph J and Palmer Elizabeth E
Bought by
Palmer Joseph J and Palmer Elizabeth E
Current Estimated Value
$129,406

Purchase Details

Listed on
Jan 19, 2012
Closed on
Apr 25, 2012
Sold by
First Fsla Of Lorain
Bought by
Palmer Joseph J and Palmer Elizabeth
Seller's Agent
Maria Zimmerman
Deleted Agent
Buyer's Agent
Maria Zimmerman
Deleted Agent
List Price
$44,900
Sold Price
$32,000
Premium/Discount to List
-$12,900
-28.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$30,400
Outstanding Balance
$21,443
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$107,437

Purchase Details

Closed on
Oct 14, 2011
Sold by
Bunting Robert T
Bought by
First Federal Savings & Loan Association
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
Palmer Joseph J -- None Available
Palmer Joseph J $32,000 1St Nationwide Title
First Federal Savings & Loan Association $26,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Joseph J $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $32,000 -28.7% $31 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $44,900 -- $44 / 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 $1,380 $33,464 $11,211 $22,253
2023 $1,170 $22,712 $6,713 $15,999
2022 $1,159 $22,712 $6,713 $15,999
2021 $1,159 $22,712 $6,713 $15,999
2020 $1,074 $18,280 $5,400 $12,880
2019 $1,068 $18,280 $5,400 $12,880
2018 $1,082 $18,280 $5,400 $12,880
2017 $1,095 $17,660 $6,850 $10,810
2016 $1,086 $17,660 $6,850 $10,810
2015 $1,025 $17,660 $6,850 $10,810
2014 $978 $16,900 $6,550 $10,350
2013 $971 $16,900 $6,550 $10,350
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Maria Zimmerman

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 3287463

MLS Now

APN: 03-00-080-110-015

Ohio Lorain County Lorain 44055

2547 E 40th St, Lorain, OH

This home is located at 2547 E 40th St, Lorain, OH 44055 since 19 January 2012 and is currently estimated at $129,406, approximately $125 per square foot. This property was built in 1950. 2547 E 40th St is a home located in Lorain County with nearby schools including Helen Steiner Rice Elementary School, Southview Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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