21 days on rocket

1612 W 40th St, Lorain, OH, 44053

$228,000

Home List Price

$2,708*

Closing Credit

3 Bedrooms
2 Full Baths
2,602 SqFt
$88/SqFt
House

Location

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1612 W 40th St, Lorain$228,000

Buyer Closing Credits

$2,708*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1956
HeatingForced Air, Fireplace(s), Natural Gas
CoolingCentral Air
BasementYes
MLS #5076601
Lot Size0.23 Acres
StatusActive

About 1612 W 40th St

All Brick Ranch Home on Lorain's West Side. Beautifully Updated with gleaming hardwood floors. Make an appointment today to see this beautiful 3 bedroom, 2 full bathroom, and 2 car attached garage home with many updates. This home offers a spacious living room with a fireplace. All the windows have been replaced with Vinyl Replacement Windows. Updated Baths/Flooring/Fixtures. Three bedrooms all feature hardwood floors. The interior's home was just freshly painted. You will love the new light fixtures throughout the house. Kitchen offers lots of space to prepare your meals in. Don't miss your chance to make this beautifully updated home yours. Look no further. This is it.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1956
  • Stories: 1
  • Living Area: 2,602 SqFt

Listing Office:

  • Office Name: Chosen Real Estate Group
  • Office Email: office@chosenrealtyco.com
  • Listing Agent: Nicholas J Huscroft

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s), Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lorain High School, Public District Grades 9-12
  • General Johnnie Wilson Middle School, Public District Grades 7-8
  • Toni Wofford Morrison Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Oberlin Ave, West on W 40th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $228,000
  • Price Per SqFt: $88/SqFt

Tax Information:

  • Annual Amount: $2,041
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lorain, OH.

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Lorain, OH

City

Med. Sold Price

$144.2K

Med. Price/SqFt

$97

Avg. Days On Market

43

# of Sold Homes

63

1612 W 40th St vs Lorain

21 DAYS ON ROCKET

-22 Days

$228,000

+$83.7K More

$88/SqFt

-$9 Less

KEY TAKEAWAY

This property is $83.7K more than the Median Sold Price and $9/SqFt less than other homes in Lorain, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5076601

Listing Office:

  • Office Name: Chosen Real Estate Group
  • Office Email: office@chosenrealtyco.com
  • Listing Agent: Nicholas J Huscroft

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 05, 2014Home Sold
$55,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,041$33,850
2019$2,029$33,845
2018$2,030$33,845
2017$1,916$30,115

History based on county public records data.

Payment Calculator

$1,205

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$750

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-877388
4
/10

  • Toni Wofford Morrison Elementary School

  • 1830 W 40th St

  • 0.22 miles

  • Public District Grades PK-6

Middle School

school-card-donut-877389
4
/10

  • General Johnnie Wilson Middle School

  • 2700 Washington Ave

  • 1.03 miles

  • Public District Grades 7-8

High School

school-card-donut-877390
3
/10

  • Lorain High School

  • 2600 Ashland Ave

  • 0.83 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,316. The most common annual income of people living in Lorain, OH is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1612 W 40th St

What is the listing price of this property?

The listing price of 1612 W 40th St property is $228,000.

What type of property is this?

The property 1612 W 40th St is a house located in Lorain, Ohio, 44053.

Is this property for sale now?

Active Listing: 1612 W 40th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1612 W 40th St are:
Toni Wofford Morrison Elementary School: GreatSchools Rating 4/10
General Johnnie Wilson Middle School: GreatSchools Rating 4/10
Lorain High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,041 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 5, 2014 for $55,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1612 W 40th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1612 W 40th St is 2,602 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1612 W 40th St is 1956.

Rocket Homes›Ohio›Lorain County›Lorain›44053›1612 W 40th St

This home is located at 1612 W 40th St in Lorain, OH and zip code 44053 in the Urban neighborhood. This 2,602 square foot home, which was built in 1956, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $228,000.

In September 2024 more than 22 listings in Lorain, OH were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 28 were sold below. The number of homes for sale in Lorain, OH decreased by 4.1% between August 2024 and September 2024. While the average time on the market in September 2024 was 43 days, the median list price was $144,300.

From Rocket Homes Real Estate and based on county public records data.

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