NOT LISTED FOR SALE

1940 W 41st St Lorain, OH 44053

Estimated Value: $176,000 - $189,000

3 Beds
2 Baths
2,144 Sq Ft
$85/Sq Ft Est. Value

About This Home

This home is located at 1940 W 41st St, Lorain, OH 44053 and is currently estimated at $183,294, approximately $85 per square foot. 1940 W 41st St is a home located in Lorain County with nearby schools including Toni Wofford Morrison Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2024
Sold by
Chapman Janice R and Collins Janice R
Bought by
Boyd Robert and Boyd Andrea
Current Estimated Value
$183,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$59,692
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$127,168

Purchase Details

Closed on
Jan 12, 2011
Sold by
Chapman Victor D
Bought by
Collins Janice R and Chapman Janice R

Purchase Details

Closed on
May 14, 2008
Sold by
Collins Janice R and Chapman Janice R
Bought by
Chapman Janice R and Chapman Victor D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,808
Interest Rate
5.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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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
Boyd Robert $150,000 First American Title
Collins Janice R -- Attorney
Chapman Janice R -- Cleveland Home Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Robert $60,000
Previous Owner Chapman Janice R $140,348
Previous Owner Chapman Janice R $153,070
Previous Owner Chapman Janice R $150,808
Previous Owner Chapman Victor D $149,581
Previous Owner Collins Janice R $90,847
Previous Owner Chapman Janice B $19,476
Previous Owner Chapman Victor D $19,560
Source: Public Records

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 $1,967 $57,509 $8,148 $49,361
2023 $1,501 $38,315 $8,068 $30,247
2022 $1,510 $38,315 $8,068 $30,247
2021 $1,510 $38,315 $8,068 $30,247
2020 $1,305 $30,950 $6,520 $24,430
2019 $1,297 $30,950 $6,520 $24,430
2018 $1,218 $30,950 $6,520 $24,430
2017 $1,138 $27,100 $6,450 $20,650
2016 $1,129 $27,100 $6,450 $20,650
2015 $1,065 $27,100 $6,450 $20,650
2014 $1,178 $29,110 $6,930 $22,180
2013 $1,170 $29,110 $6,930 $22,180
Source: Public Records

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