NOT LISTED FOR SALE

1033 Summit Ave Lakewood, OH 44107

Estimated Value: $934,000 - $1,056,900

3 Beds
2 Baths
3,795 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $865,000 $228 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,147/month

45 Days on Market

Highlights

  • Lake Front
  • Deck
  • 2 Car Detached Garage
  • Lincoln Elementary School Rated A
  • No HOA
  • Views

About This Home

As of April 2024

This gorgeous lakefront property truly has it all. Walking into this 3 bedroom, 2 full bathroom home you'll immediately notice how you get all of the Lakewood charm with all of the modern updates. Stunning hardwood floors throughout that lead you into the living room where you have impeccable views of the lake. Stroll into the updated gourmet kitchen that is supplied with all stainless steel appliances, granite countertops, and recessed lighting. Charming custom built-ins located in the dining room is the perfect space to host annual dinner parties. The master bedroom offers plenty of sunlight that will give you breathtaking views every morning. The second bedroom is the perfect space for a children's room or office space. The full bathroom has just the perfect modern touch. Heated floors in the kitchen & bathroom, delightful on those chilly mornings. Downstairs there is a guest bedroom suite, including a minibar with fridge, offering its own full bath, equipped with a glass shower. Enjoy a Friday evening watching a movie in your own theatre room. Don't forget your own temperature-controlled wine room, so there is always a bottle ready when having friends over. Sip on your coffee while watching the sunrise from the quaint sunroom or gather outside and enjoy the comfort of your own private deck that leads down into a fenced-in yard. The lakefront property features an armor stone revetment and crib pier to eliminate toe scour along the base of the bluff due to waves and ice breakup across the full length of the property. The structures include 840 tons of 2-to 5-ton natural stone armoring, 250 tons of core stone, and steel pile anchors to keep the crib pier in place.  The revetment and crib pier are engineered structures designed by KS Associates, Inc. and installed in 2022 by Shoreline Contractors, Inc. under valid permits and a Submerged Lands Lease issued by the U.S. Army Corps of Engineers and the Ohio Department of Natural Resources.

Last Agent to Sell the Property

Rob Rogers

Howard Hanna Brokerage Phone: 440-341-9800 License #2015005456 Listed on: 01/26/2024

Howard Hanna

Co-Listed By

Lanz Dela Roca

Howard Hanna Brokerage Phone: 440-341-9800 License #2015001278

Last Buyer's Agent

Jermaine Burge

Keller Williams Greater Metropolitan License #2019000071

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 9,087 Sq Ft Lot
  • Lot Dimensions are 79x115
  • Lake Front
  • West Facing Home
  • Property is Fully Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 3,795 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 311-13-052

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1921
  • Attribution Contact: 440-341-9800
  • Road Frontage Type: Lakefront
  • ResoLotFeatures: Lake Erie Front, Lake Front, Waterfront
  • Reso View: Lake
  • Reso Association Fee Includes: None
  • Co List Office Phone: 216-839-5500
  • Above Grade Finished Sq Ft: 3795.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Finished
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Tile
  • Fencing: Full
  • Acres: 0.2086
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: West
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Radiator(s)
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lakewood CSD (Cuyahoga)- 1817

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 311-13-052
  • LandLeaseYN: No
  • Lot Dimensions: 79x115
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 50235.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 9, 2019
Sold by
Smith Clayton M and Smith Jennifer L
Bought by
Samson Trinity Kronk and Samson Austin T
Seller's Agent
Stephanie Termine
Keller Williams Greater Metropolitan
Buyer's Agent
Justin Brenner
Howard Hanna
List Price
$700,000
Sold Price
$710,000
Premium/Discount to List
$10,000
1.43%
Current Estimated Value
$980,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,475
Avg. Annual Appreciation
5.43%
Original Mortgage
$460,000
Outstanding Balance
$402,983
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$577,492

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jul 5, 2018
Sold by
Schanz Emily
Bought by
Smith Jennifer L and Smith Clayton M
Seller's Agent
Greg Willis
Howard Hanna
Buyer's Agent
Ernie Cahoon
Howard Hanna
List Price
$719,500
Sold Price
$685,000
Premium/Discount to List
-$34,500
-4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$616,400
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 15, 2017
Closed on
Aug 8, 2017
Sold by
Flynn James B
Bought by
Schanz Emily
Seller's Agent
Greg Willis
Howard Hanna
Buyer's Agent
Greg Willis
Howard Hanna
List Price
$745,000
Sold Price
$675,000
Premium/Discount to List
-$70,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%

Purchase Details

Closed on
Apr 6, 2005
Sold by
Mullen John T and Mullen Julia C
Bought by
Flynn James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2000
Sold by
Brosi Brian R
Bought by
Mullen John Thomas and Mullen Julia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
8.14%

Purchase Details

Closed on
Jan 1, 1975
Bought by
Brosi Theodore W and Brosi Lois C
Source: Public Records

Range of Values:

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Average Value
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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
Samson Trinity Kronk $710,000 Ohio Real Title
Smith Jennifer L $685,000 Northstar Title Agency
Schanz Emily $675,000 Northstar Title Services Llc
Flynn James B $360,000 Chicago Title Insurance C
Mullen John Thomas $273,000 Rockwell Title Agency Inc
Brosi Theodore W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samson Trinity Kronk $460,000
Previous Owner Smith Jennifer L $616,400
Previous Owner Flynn James B $288,000
Previous Owner Mullen John Thomas $218,000
Closed Mullen John Thomas $27,300
Closed Flynn James B $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2024 04/15/24 Sold $865,000 -8.9% $228 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $949,900 +33.8% $250 / Sq Ft
10/10/2019 10/10/19 Sold $710,000 +1.4% $187 / Sq Ft View Prior Sale
08/30/2019 08/30/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $700,000 +2.2% $184 / Sq Ft
07/12/2018 07/12/18 Sold $685,000 -2.1% $274 / Sq Ft View Prior Sale
05/29/2018 05/29/18 Pending -- -- --
05/15/2018 05/15/18 Price Changed $699,500 -2.8% $280 / Sq Ft
04/16/2018 04/16/18 For Sale $719,500 +6.6% $288 / Sq Ft
08/15/2017 08/15/17 Sold $675,000 -3.4% $270 / Sq Ft View Prior Sale
07/18/2017 07/18/17 Pending -- -- --
06/28/2017 06/28/17 Price Changed $699,000 -6.2% $280 / Sq Ft
03/15/2017 03/15/17 For Sale $745,000 -- $298 / Sq Ft
Source: MLS Now

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 $36,503 $306,250 $38,395 $267,855
2023 $50,235 $292,950 $90,195 $202,755
2022 $22,128 $292,950 $90,200 $202,760
2021 $21,903 $292,950 $90,200 $202,760
2020 $20,206 $236,250 $72,730 $163,520
2019 $19,806 $675,000 $207,800 $467,200
2018 $19,775 $236,250 $72,730 $163,520
2017 $12,349 $134,020 $62,370 $71,650
2016 $12,265 $134,020 $62,370 $71,650
2015 $10,910 $134,020 $62,370 $71,650
2014 $10,910 $114,560 $53,310 $61,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5011473

MLS Now

APN: 311-13-052