2627 E 40th St
Lorain, OH 44055
- 3 Beds
- 2 Baths
3 Beds
2 Baths
Home Value
Trulia Estimate
$157KSince last month
Increased$1K (+0.9%)Since last year
Increased$10K (+6.6%)Since last sale
Increased$15K (+10.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +149% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $158K |
| July 2026 | $156K |
| June 2026 | $153K |
| May 2026 | $149K |
| March 2026 | $150K |
| February 2026 | $148K |
| January 2026 | $150K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.33 | Single-Family Home | $175,000 | 07/20/26 | 3 | 2 | - | |
0.19 | Single-Family Home | $139,000 | 03/19/26 | 3 | 1 | 864 | |
0.20 | Single-Family Home | $135,000 | 11/26/25 | 3 | 1 | 1,136 | |
0.39 | Single-Family Home | $166,000 | 10/23/25 | 3 | 2 | 960 | |
0.44 | Single-Family Home | $139,000 | 10/20/25 | 3 | 1.5 | 1,100 | |
0.26 | Single-Family Home | $169,900 | 05/27/26 | 3 | 1 | 864 | |
0.10 | Single-Family Home | $60,000 | 12/05/25 | 3 | 1 | 1,111 | |
0.32 | Single-Family Home | $130,000 | 10/21/25 | 3 | 1 | - | |
0.20 | Single-Family Home | $100,000 | 06/22/26 | 3 | 1 | 1,068 | |
0.52 | Single-Family Home | $175,000 | 07/14/26 | 3 | 2 | 2,468 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $160,500 | 3 | 1 | 1,136 | Off Market | |
0.07 | $120,000 | 3 | 1 | 1,044 | For Sale | |
0.05 | $141,400 | 3 | 1 | 960 | Off Market | |
0.08 | $174,100 | 2 | 1 | 1,220 | Off Market | |
0.12 | $164,900 | 3 | 1 | 864 | Off Market | |
0.07 | $179,800 | 3 | 1 | 960 | Off Market | |
0.10 | $183,900 | 3 | 1 | 1,158 | Off Market | |
0.15 | $175,000 | 3 | 2 | 2,208 | For Sale | |
0.11 | $167,600 | 3 | 1.5 | 1,363 | Off Market | |
0.10 | $160,400 | 3 | 1 | 1,032 | Off Market | |
0.15 | $171,800 | 4 | 1 | 1,306 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2004
About this House
Welcome to your dream location on a quiet cul-de-sac in Lorain. This beautifully updated 3-bedroom, 2- full bathroom residence offers an open floor plan. New roof and bathroom installed. This is perfect for the new investor looking to purchase their first rental or seasoned investor ready to add to their portfolio. Also a great retirement potential for the future with all rooms accessible on one floor. As you step inside, you’re greeted by a bright and spacious living area featuring large windows that fill the space with natural light. The open-concept layout seamlessly connects the living room to the dining area and kitchen making it perfect for entertaining friends and family. The kitchen boasts built in stainless steel appliances, plenty of counter space, and ample cabinetry, ensuring a delightful cooking experience. Three well-sized bedrooms provide flexibility for guests, a home office, or playroom. Outside, the expansive and open backyard is perfect for summer barbecues and gatherings. Located in a friendly neighborhood, this home is just minutes away from local parks, shopping, and dining options. Current long term tenant on a month to month lease, pay your mortgage payment with the monthly rent. Don’t miss out on this fantastic opportunity to own an immediate investment piece of Lorain! Or as another option seller is open to owner financing. Call for more info! Schedule your private showing today!
2627 E 40th St, Lorain, OH 44055 is a 3 bedroom, 2 bathroom single-family home built in 2004. It last sold for $142,400 on Dec 20, 2024 (5% above the $135,000 asking price). More recently, it was listed as a rental in November 2020 with an asking price of $775 per month. That rental listing was removed on March 24, 2021. It is currently off market. The Trulia Estimate is $157,400, with a rent estimate of $1,557/month.
Last check for updates: about 10 hours ago
Listed by Leah M Montgomery, (440) 384-1231
Fathom Realty
Bought with: Steven Lawson, (440) 320-9888, Russell Real Estate Services
Originating MLS: Other/Unspecificed
Source: MLS Now, MLS#5065659

Home Details for 2627 E 40th St
|
|---|
MLS Status: Closed |
|
|---|
Interior Details Number of Rooms: 6 |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2 |
Appliances & Utilities Appliances: DishwasherDishwasherLaundry: Main Level |
Heating & Cooling Heating: Forced Air,GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
|
|---|
Exterior Home Features Roof: Asphalt FiberglassFoundation: SlabNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: No Garage,On Site,Parking Pad,On Street |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
|
|---|
Cumulative Days on Market: 38 |
|
|---|
Year Built Year Built: 2004 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Vinyl SidingDoes Not Include Home Warranty |
Property Information Parcel Number: 0300079105008 |
|
|---|
Price List Price: $135,000 |
Status Change & Dates Off Market Date: Mon Oct 07 2024Possession Timing: Other |
|
|---|
|
|---|
Direction & Address City: LorainCommunity: Homewood |
School Information Elementary School District: Lorain CSD - 4709Jr High / Middle School District: Lorain CSD - 4709High School District: Lorain CSD - 4709 |
|
|---|
Association for this Listing: Other/UnspecificedNo HOA |
|
|---|
Lot Area: 6912.972 sqft |
|
|---|
Listing Terms: Cash, Conventional |
|
|---|
Mls Number: 5065659Living Area Range Units: Square FeetAttribution Contact: leahmarie@thealphaomegateam.com 440-384-1231 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 20, 2024 Source: MLS Now #5065659 | Sold | $142,400 |
Oct 7, 2024 Source: MLS Now #5065659 | Pending | $135,000 |
Oct 1, 2024 Source: MLS Now #5065659 | PriceChange | $135,000 Price decreased by 10% |
Aug 31, 2024 Source: MLS Now #5065659 | Listed For Sale | $150,000 |
Nov 1, 2023 Source: MLS Now #4454924 | ListingRemoved | |
Aug 22, 2023 Source: MLS Now #4454924 | PendingToActive | $115,000 |
Jul 23, 2023 Source: MLS Now #4454924 | Pending | $115,000 |
Jun 16, 2023 Source: MLS Now #4454924 | Listed For Sale | $115,000 |
May 19, 2023 Source: MLS Now #4454924 | ListingRemoved | |
Apr 30, 2023 Source: MLS Now #4454924 | Listed For Sale | $115,000 |
Dec 2, 2021 Source: MLS Now #4319857 | Sold | $75,000 |
Oct 8, 2021 Source: MLS Now #4319857 | Pending | $85,000 |
Sep 26, 2021 Source: MLS Now #4319857 | Listed For Sale | $85,000 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Nov 16, 2020 Source: N/A | ListingRemoved | $775 |
Nov 7, 2020 Source: N/A | Listed For Rent | $775 |
Jul 30, 2019 Source: N/A | ListingRemoved | $775 |
Jun 26, 2019 Source: N/A | Listed For Rent | $775 |
Mar 28, 2008 Source: Agent Provided | ListingRemoved | $99,925 |
Feb 9, 2008 Source: Agent Provided | Listed For Sale | $99,925 |
Mar 16, 2004 Source: N/A | Sold | $17,000 |
May 15, 2003 Source: N/A | Sold | $11,800 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,559 | $108,000 |
Home facts updated by county records
Market trends in Lorain
Last updated July 2026
Avg. sale price
$163K
$8.42KMoM
Sale-to-List Price
100.0%
Price per sq ft
$116
$4MoM
Available listings
194
3MoM
Around this home
What Locals Say about Lorain
At least 450 Trulia users voted on each feature.
84 % Say car is needed
83 % Say there are sidewalks
82 % Say yards are well-kept
82 % Say parking is easy
72 % Say there's holiday spirit
71 % Say it's dog friendly
69 % Say kids play outside
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say streets are well-lit
47 % Say it's quiet
46 % Say it's walkable to grocery stores
44 % Say they plan to stay for at least 5 years
41 % Say people would walk alone at night
31 % Say it's walkable to restaurants
22 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.
Frequently asked questions about 2627 E 40th St
- What is 2627 E 40th St estimated to be worth?Trulia's estimated value for 2627 E 40th St in Lorain, OH is $157,400.
- What is the price history for 2627 E 40th St?2627 E 40th St in Lorain, OH last sold for $142,400 in December 2024.
- Is Lorain a buyer's or seller's market?Lorain is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Lorain?The median sale price in Lorain is $163K. That is up $8.42K from the prior month.
- Does 2627 E 40th St have air conditioning?Yes, 2627 E 40th St in Lorain, OH has air conditioning.
- Does 2627 E 40th St have laundry facilities?Yes, 2627 E 40th St in Lorain, OH has laundry facilities.

