NOT LISTED FOR SALE

1048 Summit Ave Lakewood, OH 44107

Estimated Value: $502,138 - $591,000

5 Beds
1.5 Baths
2,010 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 18, 2017

Last sale price $316,000 $157 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,774/month

202 Days on Market

Highlights

  • Lake View
  • Colonial Architecture
  • 2 Car Detached Garage
  • Lincoln Elementary School Rated A
  • 1 Fireplace
  • Patio

About This Home

As of May 2017

Wonderful 5 bedroom brick beauty located 2 houses from Lake Erie! Large living room with beautiful fireplace and crown molding! The formal dining room features built-in china cabinets, crown molding & chair rail! Spacious eat-in kitchen comes with plenty of cabinet space, pantry & appliances! 1st floor office/den! 1st floor half bath! Nice 3 season porch off living room! 4 spacious 2nd floor bedrooms! The walk-up 3rd floor offers a 5th bedroom and large storage room! The super clean basement has a rec room area, Nature Stone floor, workshop area and a commode room! Large lot with beautiful backyard! Newer oversized 2 car garage! Newer roof & gutters! So much more! Location, Location, Location!!!

Last Agent to Sell the Property

Tom O'Dougherty

Howard Hanna License #380997 Listed on: 09/01/2016

Howard Hanna

Last Buyer's Agent

Tom O'Dougherty

Howard Hanna License #380997 Listed on: 09/01/2016

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 60 x 160
  • Street terminates at a dead end

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,010 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Lake Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 311-13-056

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 157.21
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 2010
  • Year Built: 1928
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1928

Interior Features

  • Appliances Equipment: Dryer, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 2010
  • Estimated Total Living Area: 2010
  • Estimated Sq Ft: 2010

Exterior Features

  • View: Lake Erie
  • Exterior: Brick
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Dimensions: 60 x 160
  • Lot Description: Dead End Street
  • Lot Size Units: Acres
  • Parcel Number: 311-13-056

Tax Info

  • Tax: 8021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
May 15, 2017
Sold by
Keybank Na
Bought by
Fredieu John R and Sweeney Mary Brigid
Seller's Agent
Tom O'Dougherty
Howard Hanna
Buyer's Agent
Tom O'Dougherty
Howard Hanna
List Price
$399,900
Sold Price
$316,000
Premium/Discount to List
-$83,900
-20.98%
Current Estimated Value
$559,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,535
Avg. Annual Appreciation
6.95%
Original Mortgage
$250,000
Outstanding Balance
$207,906
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$351,629

Purchase Details

Closed on
Nov 8, 2000
Sold by
Mendenhall Barbara A
Bought by
Mendenhall Robert A and Mendenhall Barbara A

Purchase Details

Closed on
Jan 6, 1992
Sold by
Mendenhall Robert and Mendenhall Barbara
Bought by
Mendenhall Barbara A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Mendenhall Robert and Mendenhall Barbara
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
Fredieu John R $316,000 First American Title Ins Co
Tsitihidis Mike -- First American Title
Mendenhall Robert A -- --
Mendenhall Barbara A -- --
Mendenhall Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fredieu John R $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2017 05/18/17 Sold $316,000 -9.7% $157 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
01/06/2017 01/06/17 Price Changed $349,900 -6.7% $174 / Sq Ft
11/09/2016 11/09/16 Price Changed $374,900 -6.3% $187 / Sq Ft
09/01/2016 09/01/16 For Sale $399,900 -- $199 / 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 $9,896 $154,070 $32,935 $121,135
2023 $9,058 $120,690 $31,330 $89,360
2022 $9,116 $120,680 $31,330 $89,360
2021 $9,023 $120,680 $31,330 $89,360
2020 $8,672 $101,400 $26,320 $75,080
2019 $8,501 $289,700 $75,200 $214,500
2018 $8,254 $101,400 $26,320 $75,080
2017 $9,110 $96,400 $20,830 $75,570
2016 $8,021 $96,400 $20,830 $75,570
2015 $7,150 $96,400 $20,830 $75,570
2014 $7,150 $83,830 $18,100 $65,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3841299

MLS Now

APN: 311-13-056