NOT LISTED FOR SALE

4040 Forest Hill Dr Lorain, OH 44053

Estimated Value: $158,000 - $207,000

4 Beds
2 Baths
1,512 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $77,000 $51 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,253/month

144 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Baseboard Heating
  • Enclosed patio or porch
  • Forced Air Heating and Cooling System
  • East Facing Home

About This Home

As of June 2017

Looking for extra space? Check out this unique ranch with an extra attached "in law" suite or a rental space. This home boasts 3 bedrooms and 1 bathroom in the main living area. The attached "in law" suite includes its own living room and kitchen along with 1 bedroom and 1 bathroom. Come put your own touch on this home's 1512 sq.ft. Enjoy the enclosed patio along with the private fenced in yard. Don't miss your chance to call this your home!

Last Agent to Sell the Property

Christine Schwartz

ERA Real Solutions Realty License #2014000050 Listed on: 12/08/2016

ERA Real Solutions Realty

Last Buyer's Agent

Jacqueline Jakacki

RE/MAX Above & Beyond License #2015002772

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1963

Lot Details

  • 9,583 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Dryer

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Forest Hill 01 Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-007-103-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,285

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Ranch
  • House Faces: East
  • Price Per Square Foot: 50.93
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1512
  • Year Built: 1963
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Freezer, Microwave, Range, Sump Pump
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 10
  • Basement Detail: Full
  • Living Area Sq Ft: 1512

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Enclosed Patio/Porch, Porch
  • Fences: Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Electric, Gas
  • Heating Type: Baseboard, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Forest Hill 01

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2200
  • Parcel Number: 02-02-007-103-012

Tax Info

  • Tax: 1285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2016
Closed on
Jun 12, 2017
Sold by
Schwartz Kaaren La Verne
Bought by
Mchenry William Henry
Seller's Agent
Christine Schwartz
ERA Real Solutions Realty
Buyer's Agent
Jacqueline Jakacki
RE/MAX Above & Beyond
List Price
$84,900
Sold Price
$77,000
Premium/Discount to List
-$7,900
-9.31%
Total Days on Market
144
Current Estimated Value
$185,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,897
Avg. Annual Appreciation
11.48%
Original Mortgage
$73,641
Outstanding Balance
$63,426
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$119,834

Purchase Details

Closed on
Dec 18, 2003
Sold by
Estate Of Robert William Schwartz Sr
Bought by
Schwartz Kaaren Laverne
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
Mchenry William Henry $75,000 Examo Title
Schwartz Kaaren Laverne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchenry William Henry $73,641
Previous Owner Schwartz Kaaren Laverne $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $77,000 0.0% $51 / Sq Ft
05/19/2017 05/19/17 Off Market $77,000 -- --
05/01/2017 05/01/17 Pending -- -- --
03/20/2017 03/20/17 Price Changed $79,900 -5.9% $53 / Sq Ft
02/07/2017 02/07/17 For Sale $84,900 0.0% $56 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $84,900 -- $56 / 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 $2,517 $61,040 $9,506 $51,534
2023 $1,823 $35,385 $5,068 $30,317
2022 $1,807 $35,385 $5,068 $30,317
2021 $1,807 $35,385 $5,068 $30,317
2020 $1,680 $28,590 $4,100 $24,490
2019 $1,671 $28,590 $4,100 $24,490
2018 $1,671 $28,590 $4,100 $24,490
2017 $1,373 $30,890 $8,100 $22,790
2016 $1,362 $30,890 $8,100 $22,790
2015 $1,285 $30,890 $8,100 $22,790
2014 $1,414 $33,180 $8,700 $24,480
2013 $1,403 $33,180 $8,700 $24,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3864314

MLS Now

APN: 02-02-007-103-012