$75,000
SOLD DEC 2, 2021

2627 E 40th St Lorain, OH 44055

3 Beds
2 Baths
1,188 Sq Ft
6,913 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

12% Below List Price

13 Days on Market

Highlights

  • Cul-De-Sac
  • Patio
  • West Facing Home
  • Porch
  • Forced Air Heating and Cooling System
  • 3-minute walk to Homewood Park

About This Home

As of December 2024

This three bedroom two bathroom home on a cul de sac is an excellent opportunity! Add it to your rental portfolio or start your rental portfolio! With open floor plan and true master suit as well as first floor living, convenience and comfort are found here. Easy affordable upkeep and maintenance make this one level home hard to pass up. Call to schedule your private showing today.

Last Agent to Sell the Property

Trista Tharp

Russell Real Estate Services License #2015005494 Listed on: 09/24/2021

Russell Real Estate Services

Last Buyer's Agent

Trista Tharp

Russell Real Estate Services License #2015005494 Listed on: 09/24/2021

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 2004

Lot Details

  • 6,913 Sq Ft Lot
  • Cul-De-Sac
  • West Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Homewood Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-079-105-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,320

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: West
  • Price Per Square Foot: 63.13
  • Estimated Price per Sq Ft: 63.13
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1188
  • Year Built: 2004
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Appliances Equipment: Dishwasher, Refrigerator
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Basement Detail: Crawl
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1188.00
  • Sq Ft Approx Total Finished: 1188.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Homewood

Schools

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

Lot Info

  • Lot Description: Cul de Sac
  • Lot Size Units: Acres
  • Acres: 0.1587
  • Parcel Number: 03-00-079-105-008

Tax Info

  • Tax: 1320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Dec 19, 2024
Sold by
Maust Aaron and Maust Penny
Bought by
Bartholomew Michael H
Seller's Agent
Leah Montgomery
Fathom Realty
Buyer's Agent
Steven Lawson
Russell Real Estate Services
List Price
$150,000
Sold Price
$142,400
Premium/Discount to List
-$7,600
-5.07%
Views
66
Current Estimated Value
$146,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,050
Avg. Annual Appreciation
0.60%
Original Mortgage
$137,852
Outstanding Balance
$137,033
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$5,890

Purchase Details

Listed on
Sep 24, 2021
Closed on
Nov 30, 2021
Sold by
Hamilton Randall E and Hamilton Crystal N
Bought by
Maust Aaron
Seller's Agent
Trista Tharp
Russell Real Estate Services
Buyer's Agent
Trista Tharp
Russell Real Estate Services
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.39%
Original Mortgage
$63,750
Interest Rate
2.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2004
Sold by
Doud David J and Doud Lisa
Bought by
Hamilton Randall E and Hamilton Crystal N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.77%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2003
Sold by
Gresco Dale R and Gresco Kristen M
Bought by
Doud David J and Doud Lisa
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $142,400 Infinity Title
Warranty Deed $75,000 Newman
Warranty Deed $17,000 Guardian Title
Survivorship Deed $11,800 Truetitle Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,852 FHA
Previous Owner $63,750 New Conventional
Previous Owner $86,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $142,400 +5.5% $120 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/01/2024 10/01/24 Price Changed $135,000 -10.0% $114 / Sq Ft
08/30/2024 08/30/24 For Sale $150,000 +100.0% $126 / Sq Ft
12/02/2021 12/02/21 Sold $75,000 -11.8% $63 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $85,000 -- $72 / 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 $1,559 $37,800 $4,620 $33,180
2023 $1,399 $27,171 $5,478 $21,693
2022 $1,387 $27,171 $5,478 $21,693
2021 $1,423 $27,171 $5,478 $21,693
2020 $1,319 $21,880 $4,410 $17,470
2019 $1,848 $30,810 $4,410 $26,400
2018 $1,638 $30,810 $4,410 $26,400
2017 $1,474 $23,770 $6,030 $17,740
2016 $1,462 $23,770 $6,030 $17,740
2015 $1,379 $23,770 $6,030 $17,740
2014 $1,317 $22,760 $5,780 $16,980
2013 $1,307 $22,760 $5,780 $16,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4319857

MLS Now

APN: 03-00-079-105-008