2731 W 40th St Lorain, OH 44053
Estimated Value: $165,000 - $185,000
3
Beds
1.5
Baths
1,412
Sq Ft
$124/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Patio
- Partially Fenced Property
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
- 1-Story Property
About This Home
As of January 2018Appealing ranch in sought after neighborhood has plenty of room to roam! Light, bright and airy floor plan with a living room ready for your guests. Plenty of kitchen cabinet and counter top space with separate dining area. Family room has a brick fireplace with patio sliders to the large backyard with patio area. Double bay garage with plenty of space. Easy flowing floor plan makes laundry and groceries a breeze. Side street location, near local area amenities to include restaurants, retail and schools. This Homepath property offers owner occupants the potential to save up to 3% in closing costs with the Home Ready Buyer program. Buyer responsible for own due diligence, to make own inquiry and verification of all property information, condition, tax, 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
Realtywise, Inc. License #2003011130 Listed on: 10/19/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,145
Year Built
- Built in 1977
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 61.89x144.55
- Partially Fenced Property
- Wood Fence
Parking
- 2 Car Attached Garage
Home Design
- Asphalt Roof
Interior Spaces
- 1,412 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Sandy Acres Sub #5 Community
Listing and Financial Details
- Assessor Parcel Number 02-02-012-113-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 19, 2019
Sold by
Becote Richard and Becote Frances
Bought by
Becote Richard and Becote Frances
Total Days on Market
25
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
$94,271
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 19, 2017
Closed on
Jan 8, 2018
Sold by
Fannie Mae
Bought by
Becote Richard and Becote Frances
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
Robert Cole
RE/MAX Above & Beyond
List Price
$59,950
Sold Price
$60,001
Premium/Discount to List
$51
0.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$54,639
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 16, 2017
Sold by
Lorain County Sheriff
Bought by
Federal National Mortgage Association
Similar Homes in Lorain, OH
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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 |
|---|---|---|---|
| Becote Richard | -- | Commonwealth Usa Settlements | |
| Becote Richard | -- | -- | |
| Federal National Mortgage Association | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Becote Richard | $8,045 | |
| Open | Becote Richard | $94,659 | |
| Closed | Becote Richard | $94,271 | |
| Closed | Becote Richard | $54,639 | |
| Previous Owner | Burks Sam | $52,813 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2018 01/30/18 | Sold | $60,001 | +0.1% | $42 / Sq Ft |
| 11/13/2017 11/13/17 | Pending | -- | -- | -- |
| 10/19/2017 10/19/17 | For Sale | $59,950 | -- | $42 / Sq Ft |
Source: MLS Now
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 | $1,782 | $43,218 | $12,373 | $30,846 |
| 2023 | $1,861 | $36,124 | $9,765 | $26,359 |
| 2022 | $1,844 | $36,124 | $9,765 | $26,359 |
| 2021 | $1,844 | $36,124 | $9,765 | $26,359 |
| 2020 | $1,737 | $29,560 | $7,990 | $21,570 |
| 2019 | $1,727 | $29,560 | $7,990 | $21,570 |
| 2018 | $1,464 | $29,560 | $7,990 | $21,570 |
| 2017 | $1,154 | $27,360 | $7,670 | $19,690 |
| 2016 | $1,145 | $27,360 | $7,670 | $19,690 |
| 2015 | $1,080 | $27,360 | $7,670 | $19,690 |
| 2014 | $1,046 | $26,830 | $7,520 | $19,310 |
| 2013 | $1,039 | $26,830 | $7,520 | $19,310 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Bauer
Seller's Agent in 2018
Rebecca Bauer
Realtywise, Inc.
(440) 527-0220
69 in this area
142 Total Sales
-
Robert Cole
Buyer's Agent in 2018
Robert Cole
RE/MAX
(440) 241-5221
7 in this area
275 Total Sales
Map
Source: MLS Now
MLS Number: 3950680
APN: 02-02-012-113-010
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.
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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