NOT LISTED FOR SALE

2608 W 40th St Lorain, OH 44053

Estimated Value: $160,000 - $170,000

3 Beds
1 Bath
988 Sq Ft
$167/Sq Ft Est. Value

About This Home

This home is located at 2608 W 40th St, Lorain, OH 44053 and is currently estimated at $164,921, approximately $166 per square foot. 2608 W 40th St is a home located in Lorain County with nearby schools including Toni Wofford Morrison Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2006
Sold by
Nickoloff Timothy and Nickoloff Jessica
Bought by
Gaddis Todd A
Current Estimated Value
$164,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,137
Outstanding Balance
$66,032
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$98,889

Purchase Details

Closed on
Oct 22, 1999
Sold by
Zadekas Rose Ann and Nickoloff Rose Anne
Bought by
Nickoloff Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
7.91%
Source: Public Records

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.

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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.

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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.

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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.

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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
Gaddis Todd A $110,000 Real Living Title Agency Ltd
Nickoloff Timothy $80,000 Titleco Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaddis Todd A $109,137
Previous Owner Nickoloff Timothy $6,400
Previous Owner Nickoloff Timothy $82,800
Previous Owner Nickoloff Timothy $77,600
Source: Public Records

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 $1,615 $39,172 $12,646 $26,527
2023 $1,809 $35,116 $9,979 $25,137
2022 $1,793 $35,116 $9,979 $25,137
2021 $1,793 $35,116 $9,979 $25,137
2020 $1,689 $28,740 $8,170 $20,570
2019 $1,679 $28,740 $8,170 $20,570
2018 $1,680 $28,740 $8,170 $20,570
2017 $1,696 $27,350 $10,070 $17,280
2016 $1,682 $27,350 $10,070 $17,280
2015 $1,587 $27,350 $10,070 $17,280
2014 $1,552 $26,820 $9,880 $16,940
2013 $1,541 $26,820 $9,880 $16,940
Source: Public Records

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