NOT LISTED FOR SALE

2728 W 40th St Lorain, OH 44053

Estimated Value: $140,000 - $187,000

3 Beds
2 Baths
1,259 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $51,000 $41 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,077/month

19 Days on Market

Highlights

  • Golf Course Community
  • 2 Car Attached Garage
  • Community Playground
  • Medical Services
  • Patio
  • Park

About This Home

As of April 2013

Super opportunity 3 bdrm 2 full bath 1980's Ranch. Convenient location. Shows well.Spacious contemporary Ranch

Last Listed By

Sandra Maline

The Advantage in Real Estate License #320003 Listed on: 03/15/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 60x120
  • South Facing Home
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,259 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 02-02-012-112-007

Community Details

Overview

  • Meadowview Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 40.51
  • Num Of Stories: 1.00
  • Total Sq Ft: 1259
  • Year Built: 1988
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Room Count: 8
  • Basement Detail: Slab
  • Estimated Sq Ft: 1259

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio
  • Fences: Full, Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Golf Available, Medical Service, Park, Playground, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Meadowview

Schools

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

Lot Info

  • Lot Dimensions: 60x120
  • Lot Size Units: Acres
  • Parcel Number: 02-02-012-112-007

Tax Info

  • Tax: 1592

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Apr 25, 2013
Sold by
Secretary Of Va
Bought by
Gerken James E
Seller's Agent
Sandra Maline
The Advantage in Real Estate
List Price
$49,900
Sold Price
$51,000
Premium/Discount to List
$1,100
2.2%
Total Days on Market
19
Current Estimated Value
$168,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,416
Avg. Annual Appreciation
10.36%
Original Mortgage
$15,000
Interest Rate
3.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2013
Sold by
Demarco Paul
Bought by
Secretary Of Va

Purchase Details

Closed on
May 5, 2006
Sold by
Frenk Neil D and Frenk Kori
Bought by
Demarco Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,515
Interest Rate
6.39%
Mortgage Type
VA

Purchase Details

Closed on
Feb 21, 2001
Sold by
Leonti Joseph R and Leonti Melanie M
Bought by
Frenk Neil D and Wisser Kori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,560
Interest Rate
6.91%

Purchase Details

Closed on
Feb 20, 1998
Sold by
West Eric A and West Deborah A
Bought by
Vinciquerra Melanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.99%
Source: Public Records

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Range of Values:

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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
Gerken James E $51,000 Miller Home Title
Secretary Of Va $72,267 None Available
Demarco Paul $117,000 Real Living Title Agency Ltd
Frenk Neil D $102,900 Insignia Title Agency
Vinciquerra Melanie M $91,000 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerken James E $40,000
Closed Gerken James E $15,000
Closed Gerken James E $40,800
Previous Owner Demarco Paul $85,000
Previous Owner Demarco Paul $119,515
Previous Owner Frenk Neil D $100,000
Previous Owner Frenk Neil D $102,560
Previous Owner Vinciquerra Melanie M $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $51,000 +2.2% $41 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $49,900 -- $40 / 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 $1,619 $38,304 $10,885 $27,419
2023 $1,791 $33,905 $8,593 $25,312
2022 $1,776 $33,905 $8,593 $25,312
2021 $1,776 $33,905 $8,593 $25,312
2020 $1,673 $27,740 $7,030 $20,710
2019 $1,663 $27,740 $7,030 $20,710
2018 $1,636 $27,740 $7,030 $20,710
2017 $1,608 $25,270 $6,750 $18,520
2016 $1,595 $25,270 $6,750 $18,520
2015 $1,507 $25,270 $6,750 $18,520
2014 $1,474 $24,780 $6,620 $18,160
2013 $1,423 $24,780 $6,620 $18,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3390527

MLS Now

APN: 02-02-012-112-007