2583 E 40th St Lorain, OH 44055
3
Beds
1
Bath
1,122
Sq Ft
10,454
Sq Ft Lot
Highlights
- RV or Boat Parking
- Corner Lot
- Patio
- 1 Fireplace
- 1 Car Attached Garage
- 3-minute walk to Homewood Park
About This Home
As of February 2017Easy & convenient ranch home on corner lot in Lorain! Covered front porch entry. Living room with picture window and stove-pipe fireplace. Light & sunny eat-in kitchen with tiled floors. Utility/laundry room with rear access to patio in back yard. Family/media room. 3 good-sized bedrooms and full bath. Attached single car garage. Needs some TLC and upgrades. Don't miss this opportunity!
Last Agent to Sell the Property
Greg DePalma
Deleted Agent License #2008003574 Listed on: 12/22/2016
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 70x150
- Property is Fully Fenced
- Wood Fence
- Corner Lot
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,122 Sq Ft Home
- 1-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 1 Car Attached Garage
- RV or Boat Parking
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Homewood Community
Listing and Financial Details
- Assessor Parcel Number 03-00-080-110-021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 22, 2016
Closed on
Feb 16, 2017
Sold by
Empiria Homes Inc
Bought by
Roman Ricardo
Seller's Agent
Greg DePalma
Deleted Agent
Buyer's Agent
Jodi Burgett
Russell Real Estate Services
List Price
$34,900
Sold Price
$22,000
Premium/Discount to List
-$12,900
-36.96%
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
$115,319
Avg. Annual Appreciation
25.39%
Original Mortgage
$223,000
Outstanding Balance
$186,874
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
-$38,711
Purchase Details
Listed on
Jul 27, 2016
Closed on
Sep 26, 2016
Sold by
Us Bank Na
Bought by
Empiria Home Inc
Seller's Agent
Kenneth Myers
Deleted Agent
Buyer's Agent
Greg DePalma
Deleted Agent
List Price
$30,000
Sold Price
$8,000
Premium/Discount to List
-$22,000
-73.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2044.43%
Purchase Details
Closed on
Aug 11, 2016
Sold by
Lorain County Sheriff
Bought by
Us Bank Na
Purchase Details
Closed on
Mar 18, 2000
Sold by
Hering Paul Allen Aka Paul A
Bought by
Hlywiak Gary L and Hlywiak Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,605
Interest Rate
8.43%
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 |
|---|---|---|---|
| Warranty Deed | $22,000 | Miller Home Title | |
| Limited Warranty Deed | $8,000 | -- | |
| Sheriffs Deed | $33,600 | -- | |
| Survivorship Deed | $87,000 | Midland Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $223,000 | New Conventional | |
| Previous Owner | $26,659 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $86,605 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2017 02/24/17 | Sold | $22,000 | -33.1% | $20 / Sq Ft |
| 02/04/2017 02/04/17 | Pending | -- | -- | -- |
| 01/16/2017 01/16/17 | Price Changed | $32,900 | -5.7% | $29 / Sq Ft |
| 12/22/2016 12/22/16 | For Sale | $34,900 | +336.3% | $31 / Sq Ft |
| 10/27/2016 10/27/16 | Sold | $8,000 | -73.3% | $7 / Sq Ft |
| 09/23/2016 09/23/16 | Pending | -- | -- | -- |
| 07/27/2016 07/27/16 | For Sale | $30,000 | -- | $27 / 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 | $1,574 | $37,247 | $13,055 | $24,192 |
| 2023 | $1,327 | $25,116 | $7,816 | $17,301 |
| 2022 | $1,316 | $25,116 | $7,816 | $17,301 |
| 2021 | $1,316 | $25,116 | $7,816 | $17,301 |
| 2020 | $1,219 | $20,220 | $6,290 | $13,930 |
| 2019 | $1,213 | $20,220 | $6,290 | $13,930 |
| 2018 | $1,263 | $20,220 | $6,290 | $13,930 |
| 2017 | $1,313 | $20,630 | $8,530 | $12,100 |
| 2016 | $1,269 | $20,630 | $8,530 | $12,100 |
| 2015 | $1,197 | $20,630 | $8,530 | $12,100 |
| 2014 | $1,142 | $19,740 | $8,160 | $11,580 |
| 2013 | $1,133 | $19,740 | $8,160 | $11,580 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2017
Greg DePalma
Deleted Agent
-
Buyer's Agent in 2017
Jodi Burgett
Russell Real Estate Services
(440) 315-7282
42 in this area
114 Total Sales
-
K
Seller's Agent in 2016
Kenneth Myers
Deleted Agent
Map
Source: MLS Now
MLS Number: 3866588
APN: 03-00-080-110-021
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