NOT LISTED FOR SALE

2547 E 40th St Lorain, OH 44055

Estimated Value: $124,000 - $141,000

3 Beds
1 Bath
1,032 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 30, 2012

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

Est. 308% increase in value since last sale

Current estimated payment $842/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
Total Days on Market
85
Current Estimated Value
$130,523

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
11.17%
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

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Range of Values:

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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
Previous Owner Bunting Robert T $21,263
Previous Owner Bunting Robert T $66,300
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 $130,523, approximately $126 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.

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