2632 W 40th St Lorain, OH 44053
Estimated Value: $167,000 - $202,000
3
Beds
2
Baths
1,086
Sq Ft
$172/Sq Ft
Est. Value
About This Home
This home is located at 2632 W 40th St, Lorain, OH 44053 and is currently estimated at $186,863, approximately $172 per square foot. 2632 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 30, 2005
Sold by
Hud
Bought by
Marcum Roger L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Outstanding Balance
$46,309
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$140,554
Purchase Details
Closed on
Oct 1, 2004
Sold by
Basford Jack W and Basford Shannon
Bought by
Hud
Purchase Details
Closed on
Apr 28, 2000
Sold by
Sunset Properties
Bought by
Basford Jack W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.24%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 6, 1999
Sold by
Holland Ruth
Bought by
Sunset Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.02%
Purchase Details
Closed on
Aug 20, 1998
Sold by
Holland Robert S
Bought by
Holland Ruth
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marcum Roger L | $88,200 | Lakeside Title & Escrow Agen | |
| Hud | $133,047 | -- | |
| Basford Jack W | $100,900 | Midland Title | |
| Sunset Properties | $60,000 | Midland Title | |
| Holland Ruth | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marcum Roger L | $88,200 | |
| Previous Owner | Basford Jack W | $100,000 | |
| Previous Owner | Sunset Properties | $60,000 |
Source: Public Records
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 | $1,817 | $44,055 | $12,646 | $31,409 |
| 2023 | $1,930 | $37,468 | $9,979 | $27,489 |
| 2022 | $1,913 | $37,468 | $9,979 | $27,489 |
| 2021 | $1,913 | $37,468 | $9,979 | $27,489 |
| 2020 | $1,802 | $30,670 | $8,170 | $22,500 |
| 2019 | $1,792 | $30,670 | $8,170 | $22,500 |
| 2018 | $1,792 | $30,670 | $8,170 | $22,500 |
| 2017 | $1,793 | $28,910 | $10,070 | $18,840 |
| 2016 | $1,778 | $28,910 | $10,070 | $18,840 |
| 2015 | $1,677 | $28,910 | $10,070 | $18,840 |
| 2014 | $1,641 | $28,350 | $9,880 | $18,470 |
| 2013 | $1,628 | $28,350 | $9,880 | $18,470 |
Source: Public Records
Map
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