NOT LISTED FOR SALE

2708 W 40th St Lorain, OH 44053

Estimated Value: $184,546 - $213,000

3 Beds
2 Baths
1,722 Sq Ft
$115/Sq Ft Est. Value

About This Home

This home is located at 2708 W 40th St, Lorain, OH 44053 and is currently estimated at $197,637, approximately $114 per square foot. 2708 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
Jan 25, 2019
Sold by
Mercer Carl B
Bought by
Leetch Kenny P
Current Estimated Value
$197,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,989
Outstanding Balance
$97,226
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$100,411

Purchase Details

Closed on
Jul 21, 2006
Sold by
Prudential Relocation Inc
Bought by
Mercer Carl B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
6.73%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 14, 2005
Sold by
Caco Jeffrey N
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Jan 20, 1995
Sold by
Bond Anthony
Bought by
Caco Jeffrey N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
9.2%
Mortgage Type
New Conventional
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
Leetch Kenny P $111,000 None Available
Mercer Carl B $114,000 None Available
Prudential Relocation Inc $113,700 First American
Caco Jeffrey N $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leetch Kenny P $5,329
Open Leetch Kenny P $26,645
Open Leetch Kenny P $108,989
Previous Owner Mercer Carl B $91,200
Previous Owner Caco Jeffrey N $116,000
Previous Owner Caco Jeffrey N $115,000
Previous Owner Caco Jeffrey N $18,295
Previous Owner Caco Jeffrey N $82,800
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 $2,354 $56,109 $11,736 $44,373
2023 $2,112 $41,006 $9,261 $31,745
2022 $2,094 $41,006 $9,261 $31,745
2021 $2,093 $41,006 $9,261 $31,745
2020 $1,973 $33,560 $7,580 $25,980
2019 $2,012 $33,560 $7,580 $25,980
2018 $2,083 $33,560 $7,580 $25,980
2017 $2,153 $33,840 $9,350 $24,490
2016 $2,136 $33,840 $9,350 $24,490
2015 $2,018 $33,840 $9,350 $24,490
2014 $2,073 $33,180 $9,170 $24,010
2013 $1,960 $33,180 $9,170 $24,010
Source: Public Records

Map

Ohio Lorain County Lorain 44053

2708 W 40th St, Lorain, OH

This home is located at 2708 W 40th St, Lorain, OH 44053 and is currently estimated at $197,637, approximately $114 per square foot. 2708 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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