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Backup Offers

2123 E 40th St, Lorain, OH, 44055

$145,000

Home List Price

$1,722*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,224 SqFt
$65/SqFt
House

Location

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2123 E 40th St, Lorain$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage, Paved
Garage2 spaces
Year Built1960
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #5079295
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Contingent)

About 2123 E 40th St

Charming 3-bedroom, 1.5-bath ranch home offering comfortable one-floor living, a full basement, and an oversized 2-car garage. The fenced backyard is perfect for privacy and outdoor enjoyment. This home has been updated with central air for year-round comfort, a beautiful vinyl exterior with premium partial brick front, and updated energy-efficient vinyl windows. The modern dimensional roof adds durability, and the relaxing front porch is ideal for enjoying your morning coffee. Inside, you’ll find three spacious bedrooms, including an owner’s suite with direct access to the bath. Cooks and entertainers will love the large eat-in kitchen with a gas range, plenty of cabinet/counter space for prep and storage, and a formal dining room perfect for holiday gatherings. The full open basement offers a fantastic space for a rec room or future expansion. With a large driveway for multiple cars/large garage and situated on a quiet, desirable street, this home has it all. Call today for your private tour!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Stories: 1
  • Living Area: 2,224 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 210-7653
  • Listing Agent: Christopher A Frederick

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage, Paved

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Off E 40th

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $65/SqFt

Tax Information:

  • Annual Amount: $1,097
  • 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

$145K

Med. Price/SqFt

$98

Avg. Days On Market

42

# of Sold Homes

57

2123 E 40th St vs Lorain

22 DAYS ON ROCKET

-20 Days

$145,000

-$0 Less

$65/SqFt

-$34 Less

KEY TAKEAWAY

This property is $0 less than the Median Sold Price and $34/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: #5079295

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 210-7653
  • Listing Agent: Christopher A Frederick

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: 11/15/2024, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,097$27,430
2019$1,090$27,427
2018$1,091$27,427
2017$985$24,633

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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.

Nearby Schools

school-card-donut-327649
5
/10

  • Palm Elementary School

  • 2319 E 34th St

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-327650
4
/10

  • Helen Steiner Rice Elementary School

  • 4500 Tacoma Ave

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-327651
4
/10

  • Vincent Elementary School

  • 2303 N Ridge Rd E

  • 1.08 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,143. Typical income of Lorain, OH residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2123 E 40th St

What is the listing price of this property?

The listing price of 2123 E 40th St property is $145,000.

What type of property is this?

The property 2123 E 40th St is a house located in Lorain, Ohio, 44055.

Is this property for sale now?

Accepting Backup Offers: 2123 E 40th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,097 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2123 E 40th St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2123 E 40th St is 2,224 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2123 E 40th St is 1960.

Rocket Homes›Ohio›Lorain County›Lorain›44055›2123 E 40th St

This home is located at 2123 E 40th St in Lorain, OH and zip code 44055 in the Oakwood Acres neighborhood. This 2,224 square foot home, which was built in 1960, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $145,000.

In October 2024 more than 18 listings in Lorain, OH were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 23 were sold below. In October 2024 in Lorain, OH there were 9.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $145,000, while the average time on the real estate market was 42 days.

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

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