2627 E  40th St, Lorain, OH 44055
Property image
Property image
OFF MARKET

2627 E 40th St
Lorain, OH 44055

  • 3 Beds
  • 2 Baths

$157,400

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,046/mo*

$157,400

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,046/mo*
3 Beds
2 Baths

Home Value

Trulia Estimate
$157K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 2627 E 40th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Active Status

MLS Status: Closed

Interior Features

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 Features

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

Days on Market

Cumulative Days on Market: 38

Property Information

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 & Status

Price
List Price: $135,000
Status Change & Dates
Off Market Date: Mon Oct 07 2024Possession Timing: Other

Location

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

HOA

Association for this Listing: Other/UnspecificedNo HOA

Lot Information

Lot Area: 6912.972 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 5065659Living Area Range Units: Square FeetAttribution Contact: leahmarie@thealphaomegateam.com 440-384-1231

Price and Tax history

DateEventPrice
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

Market trends in Lorain

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$163K
$8.42K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$116
$4
MoM
Available listings
194
3
MoM

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.
  • Butterflysia
    "We have an awesome Halloween display and that in itself brings together at least 300 kids. That is not including the adults. We love to bring happiness to the people in our community and that is the best way we do it and the neighborhood loves it. We even have people that have been told and come from out of town to check it out."
  • Jeffrey O.
    "There are other families in this area and the beach is near and parks are everywhere for your children "
  • Lisa O.
    "Do not live in this neighborhood. Neighbors are nice but there are lots of drug deals and bad influences."
  • Lisa J.
    "Not a safe neighborhood. Lots of drug deals/use, crime, loud noises. People are rude. Kids are always running around. "
  • Stephane K.
    "The quietness. The fenced in backyards and how much space there is. Friendly neighborhood but they mind they’re business"
  • Jerri M.
    "No dog park need more open space don’t have any running areas for the pets to many streets and not enough land"
  • Aaron S.
    "Keep your car doors locked at all times things are getting better in Lorain the schools are not good "
  • Aja G.
    "it's close to a shopping plaza. The city has been working hard to bring life back into the downtown area ."
  • Stephane K.
    "Not familiar with this neighborhood. But it’s nice and quiet. I would like to live in a neighborhood like this"
  • Daniel M.
    "its unsafe he people are nuts and cars racing around everywhere. I live here because its cheap its not safe at all"
  • Rachel N.
    "That more than half the dog walkers don't clean up after their fur babies :/ Great view of Lake Erie and Lakeview Park is just down the street."
  • Villalba83
    " Schools needs to be better also sidewalls in a lot of houses needs to be fixed up Other than that the city is not that bad to live"
  • Laurabodak
    "The school system is terrible and there are shootings, gangs and drugs all throughout the city. There are hardly any good paying jobs in the city and they punish the people who do work with all their taxes!!!!"
  • Neraidariosfigueroa
    "Lorain is a cheap place to live.. Lorain Constellation Elementary School is great as well as the middle school. "
  • N.Figueroa
    "Lorain is a cheap place to live but not good if you have kids. We are leaving Lorain to get our kids in better schools. There is a lot of gang violence and young teens dying. Don’t want my kids to grow up around that. "
  • Rachel N.
    "your own vehicle is required. there is a lot of things to do also within walking distance. if needed needed Lyft and Uber are a feasible option"
  • TR
    "Every now and again there is a community fair near a church. There are VA and or church events/meals on occasion."
  • Snejadfard
    "My neighborhood people walk there dogs but we do not have sidewalks /but it’s a very nice place to walk and plenty of places to go , Everyone picks up after there self , well there dogs !"
  • Jortizquiles35
    "I’ve lived here for 3 yrs neighbors are always looking out for you and others friendly kid friendly dog friendly no noise peaceful live right next to black river landing summertime you can hear the music from backyard lake is near by clean parks no crime here just love it "
  • Izaiah H.
    "Lorain has absolutely no public transportation and traffic can be very heavy at times because people do not know how to drive here in this city. Most residents do not have a drivers license"
  • Jortizquiles35
    "Always watch your children always know who their with and the public schools are horrible here carter schools I don’t know much about"
  • Latoya F.
    "Some areas are nice and then there are other areas that aren’t. The school system is not the greatest either. "
  • Angie
    "I grew up in Lorain and it is the same as anywhere else, If your looking for good you'll find good. If your looking for trouble or other you'll find those things also. This is a good town to live in though."
  • Kaorilovett
    "the events at lccc are very nice. there are nice parks near by as well as fun activities for your kids."
  • Lee J.
    "In the daytime I feel safe, but in the night time you usual here gun shots in the westside area. I would say the Southside is usually safer."
  • Wendy D
    "I use to live her a while ago. And this area is still nice to have a family grow up in. The neighbors are nice and some of them are still there when i was growing up in that area."
  • Kaorilovett
    "there are plenty of dog owners and people always walk their dogs around here and there are a few parks near by as well. "
  • Denise C.
    "Quiet neighborhood No trouble Friendly neighbors Kids playing in the area and riding bikes Lake at the end of the road "
  • Philip And Amy Bobel
    "If you want to live in a community where your neighbors are more like family, and your children will have an endless supply of friends to play with, then Deerfield is the place. We've lived here for 5 years and love it. Everyone is kind and inviting. The only downside is the gun range, which is not moving any time soon. But honestly, after 5 years, we hardly notice the noise. But the nature and people surrounding us make up for it."
  • Ariana
    "Grew up on the West Side of Lorain, where most of my family still lives. Certain areas are better than others of course, but generally it is quiet and safe. Lorain has lots to offer like the boardwalk, the Palace theatre, and the International Fest in addition to being close to things like Cedar Point, Cleveland, and tons of shopping"
  • Rpoyle
    "I c people walking there dogs all the time an have helped people caught there dogs when they get loose "
  • Kristine K. I.
    "I live near downtown but no public transportation. no jobs in this town, so you have to drive to other locations. "
  • Sherrinine
    "relatively close to highway, there are communities within easy driving distance, that include stores and restaurants. close to the lake and black river landing"

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.

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