NOT LISTED FOR SALE

2724 W 40th St Lorain, OH 44053

Estimated Value: $199,000 - $213,000

4 Beds
2 Baths
1,114 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $39,000 $35 Per Sq Ft

Est. 435% increase in value since last sale

Current estimated payment $1,268/month

49 Days on Market

About This Home

As of February 2014

HomePath property! Purchase this property for as little as 5% down. Large split level with lots of room to roam! Lots of light in the living room with open and airy floorplan into kitchen. Oak cabinets with plenty of kitchen cabinet and countertop space. Lots of backyard space and close to all local amenities. Give this property your finishing touches and make into your showplace! This property is eligible for HomePath Renovation Mortgage. Please see website for information. Buyer responsible for own due diligence, inquiry and verification of all property information, condition, square footage and parcel data. Broker is not liable or responsible to verify any information as all data in MLS is reflective of public records. Buyers recommended to investigate all data.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. License #2003011130 Listed on: 12/10/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Lot Dimensions are 60x120

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 02-02-013-108-026

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Split Level
  • Year Built: 1981
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Room Count: 8
  • Basement Detail: Partially Finished

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Schools

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

Lot Info

  • Lot Dimensions: 60x120
  • Lot Size Frontage: 60
  • Lot Size Units: Acres
  • Parcel Number: 02-02-013-108-026

Tax Info

  • Tax: 2769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2013
Closed on
Jan 30, 2014
Sold by
Fannie Mae
Bought by
Power Systems Llc
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
List Price
$45,500
Sold Price
$39,000
Premium/Discount to List
-$6,500
-14.29%
Current Estimated Value
$208,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,500
Avg. Annual Appreciation
14.99%

Purchase Details

Closed on
Dec 3, 2013
Sold by
Arnold Cynthia E and Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 29, 2001
Sold by
Arnold William
Bought by
Arnold Cynthia Elizabeth and Arnold Cynthia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,950
Interest Rate
7.03%
Source: Public Records

Range of Values:

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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
Power Systems Llc -- Intitle Agency Inc
Federal National Mortgage Association $46,000 None Available
Arnold Cynthia Elizabeth -- All Star Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Cynthia Elizabeth $107,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $39,000 -14.3% $35 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $45,500 -- $41 / 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 $2,009 $47,537 $11,130 $36,407
2023 $2,004 $37,930 $8,782 $29,148
2022 $1,987 $37,930 $8,782 $29,148
2021 $1,987 $37,930 $8,780 $29,150
2020 $1,872 $31,040 $7,190 $23,850
2019 $1,861 $31,040 $7,190 $23,850
2018 $1,862 $31,040 $7,190 $23,850
2017 $958 $15,060 $8,690 $6,370
2016 $951 $15,060 $8,690 $6,370
2015 $898 $15,060 $8,690 $6,370
2014 $1,825 $30,660 $8,690 $21,970
2013 $1,761 $30,660 $8,690 $21,970
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Bauer

    Seller's Agent in 2014

    Rebecca Bauer

    Realtywise, Inc.

    (440) 527-0220

    64 in this area

    140 Total Sales

    Rebecca Bauer
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Map

Source: MLS Now

MLS Number: 3463494

MLS Now

APN: 02-02-013-108-026

Ohio Lorain County Lorain 44053

2724 W 40th St, Lorain, OH

This home is located at 2724 W 40th St, Lorain, OH 44053 since 10 December 2013 and is currently estimated at $208,500, approximately $187 per square foot. This property was built in 1981. 2724 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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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