NOT LISTED FOR SALE

1041 Forest Cliff Dr Lakewood, OH 44107

Estimated Value: $1,016,000 - $1,190,279

4 Beds
2.5 Baths
2,800 Sq Ft
$395/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $455,000 $162 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $7,644/month

31 Days on Market

Highlights

  • Lake Front
  • 0.32 Acre Lot
  • Deck
  • Lincoln Elementary School Rated A
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of December 2016

Terrific Lakefront piece of property Western Lakewood at end of cul-de-sac street. Needs major renovation. Trustee seller looking for an offer. Wonderful opportunity to restore this home to it's grandeur.

Last Agent to Sell the Property

Aileen FitzGerald

Howard Hanna License #264602 Listed on: 10/21/2016

Howard Hanna

Last Buyer's Agent

Mark Gepperth

Keller Williams Citywide License #427039

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 80 x 175
  • Lake Front
  • Cul-De-Sac
  • South Facing Home
  • Chain Link Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Lake Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 311-13-072

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: South
  • Price Per Square Foot: 162.50
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 2800
  • Year Built: 1917
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1917

Interior Features

  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Unfinished
  • Living Area Sq Ft: 2800
  • Estimated Total Living Area: 2800
  • Estimated Sq Ft: 2800

Exterior Features

  • View: Lake Erie, Water View
  • Exterior: Brick
  • Exterior Features: Deck, Porch
  • Fences: Chain Link
  • Roof: Tile

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lakewood LSD

Lot Info

  • Lot Dimensions: 80 x 175
  • Lot Description: Cul de Sac, Lake Erie Front, Lake Front, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.3214
  • Parcel Number: 311-13-072

Tax Info

  • Tax: 14971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
Dec 21, 2016
Sold by
Key Bank N A
Bought by
Zelina Michael
Seller's Agent
Aileen FitzGerald
Howard Hanna
Buyer's Agent
Mark Gepperth
Keller Williams Citywide
List Price
$599,900
Sold Price
$455,000
Premium/Discount to List
-$144,900
-24.15%
Current Estimated Value
$1,107,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,070
Avg. Annual Appreciation
10.52%
Original Mortgage
$400,000
Outstanding Balance
$327,110
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$779,960

Purchase Details

Closed on
Sep 10, 2011
Sold by
Reichel George R
Bought by
Reichel George P and George R Reichel Revocable Living Trust

Purchase Details

Closed on
May 7, 2004
Sold by
Reichel Charlene I
Bought by
Reichel George P and George P Reichel Revocable Living Trust

Purchase Details

Closed on
Mar 20, 2001
Sold by
National City Bank
Bought by
Hoffman Frances

Purchase Details

Closed on
Jan 1, 1975
Bought by
Natl City Bnk Of Cleve Tr
Source: Public Records

Range of Values:

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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
Zelina Michael $456,000 None Available
Reichel George P -- Attorney
Reichel George P -- --
Hoffman Frances $340,000 --
Natl City Bnk Of Cleve Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zelina Michael $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $455,000 -24.2% $163 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $599,900 -- $214 / 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 $21,725 $329,245 $58,975 $270,270
2023 $15,153 $197,480 $108,330 $89,150
2022 $15,253 $197,470 $108,330 $89,150
2021 $15,107 $197,470 $108,330 $89,150
2020 $13,937 $159,250 $87,360 $71,890
2019 $13,680 $455,000 $249,600 $205,400
2018 $13,663 $159,250 $87,360 $71,890
2017 $15,154 $160,370 $74,900 $85,470
2016 $15,052 $159,500 $74,900 $84,600
2015 $14,971 $159,500 $74,900 $84,600
2014 $12,983 $136,330 $64,020 $72,310
Source: Public Records

Agents Affiliated with this Home

  • Aileen FitzGerald

    Seller's Agent in 2016

    Aileen FitzGerald

    Howard Hanna

    (440) 227-5878

    17 in this area

    146 Total Sales

    Aileen FitzGerald
    Section Image
  • Mark Gepperth

    Buyer's Agent in 2016

    Mark Gepperth

    Keller Williams Citywide

    (440) 477-0166

    12 in this area

    382 Total Sales

    Mark Gepperth
    Section Image
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Map

Source: MLS Now

MLS Number: 3855464

MLS Now

APN: 311-13-072

Ohio Cuyahoga County Lakewood 44107

1041 Forest Cliff Dr, Lakewood, OH

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