NOT LISTED FOR SALE

Estimated Value: $1,690,000 - $2,826,000

5 Beds
5.5 Baths
8,214 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $2,250,000 $274 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $16,622/month

70 Days on Market

Highlights

  • Lake Front
  • Medical Services
  • 1.65 Acre Lot
  • Fitness Center
  • In Ground Pool
  • Colonial Architecture

About This Home

As of October 2020

The moment you drive through the wrought iron gates of this magnificent Lakefront Estate, you will want to make it your home. The 1.65 acre wooded compound allows you & your guests to privately enjoy the spectacular views afforded on the Lake Erie shores. Walking into this home, you immediately feel the casual elegance created by the gracious & welcoming foyer, the beautiful custom woodwork & barreled ceilings, the open floor plan, & the calming views. The kitchen is a cook’s dream, w/custom cabinetry, quartz counters, & commercial grade appliances. Enjoy your family’s meals in the bayed eating area overlooking the expansive pool, patio area, & the lake. The luxurious 32x17 Master suite oasis is complete w/a custom closet to handle any clothing storage needs you could ever have. The master bath is like walking into your favorite spa that opens up to a private porch overlooking the grounds. There is a third floor to handle additional office needs or staff. There is a finished lower level complete w/a kitchen & full bath, along w/ample space for game tables & video equipment to watch your favorite movies. There is also a library, an office, & a bonus room on the first floor, which can be adapted to your specific needs. The home is located in the prestigious Edgewater Park area, minutes from Downtown Cleveland & near Cleveland’s most elite private schools. This is the perfect property, located in the best location, & it is just waiting for you to move right in and call it Home!

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 06/17/2020

Keller Williams Citywide

Last Buyer's Agent

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 06/17/2020

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,220

Year Built

  • Built in 1988

Lot Details

  • 1.65 Acre Lot
  • Lot Dimensions are 146x380
  • Lake Front
  • Property is Fully Fenced
  • Wooded Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Wired For Sound
  • 3 Fireplaces
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5.5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 001-04-009

Community Details

Overview

  • Association fees include recreation facilities
  • Edgewater Homeowner's Association
  • Edgewater Park Subdivision

Amenities

  • Medical Services
  • Public Transportation

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,220

Year Built

Built in 1988

Lot Details

1.65 Acres

HOA Fees

$4 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1988
  • Road Frontage Type: Lakefront
  • ResoLotFeatures: Lake Erie Front, Lake Front, Wooded, Waterfront
  • ResoPoolFeatures: In Ground, Community
  • Reso View: Lake, Water
  • ResoSecurityFeatures: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Reso Association Fee Includes: Recreation Facilities
  • Subdivision Name: Edgewater Park
  • Above Grade Finished Sq Ft: 6214.0
  • Reso Accessibility Features: None
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Wired for Sound
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 3
  • Basement: Full, Partially Finished
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Freezer, Disposal, Humidifier, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2000.0
  • Main Level Bathrooms: 1
  • Stories: 3

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full, Other
  • Acres: 1.65
  • View: Yes
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Drain, Electricity, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Medical Service, Playground, Park, Pool, Tennis Court(s), Public Transportation
  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association Name: Edgewater Homeowner's Association
  • Association: Yes

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 001-04-009
  • Lot Dimensions: 146x380
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 32220.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Oct 22, 2020
Sold by
Diamond Steve M and Atwell-Diamond Debra A
Bought by
Lucas Jennifer
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$2,450,000
Sold Price
$2,250,000
Premium/Discount to List
-$200,000
-8.16%
Current Estimated Value
$2,194,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,678
Avg. Annual Appreciation
-0.46%
Original Mortgage
$1,780,000
Outstanding Balance
$1,562,112
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$632,210

Purchase Details

Closed on
Oct 28, 2003
Sold by
Roth Joan E
Bought by
Diamond Steven M and Atwell Diamond Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 1989
Bought by
Novosel Paul S

Purchase Details

Closed on
Jul 19, 1988
Sold by
Novosel Paul S
Bought by
Fragapane Construction Co

Purchase Details

Closed on
Jan 1, 1987
Bought by
Novosel Paul S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lucas Jennifer $2,225,000 Pathway Title
Diamond Steven M $1,275,000 Midland Title Security Inc
Novosel Paul S $360,000 --
Fragapane Construction Co -- --
Novosel Paul S -- --
Novosel Paul S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Jennifer $1,780,000
Previous Owner Diamond Steven M $900,000
Closed Diamond Steven M $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $2,250,000 -8.2% $274 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $2,450,000 -- $298 / Sq Ft
Source: MLS Now

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
2025 $59,680 $910,000 $172,830 $737,170
2024 $59,654 $910,000 $172,830 $737,170
2023 $59,154 $778,750 $153,370 $625,380
2022 $58,815 $778,750 $153,370 $625,380
2021 $58,226 $778,750 $153,370 $625,380
2020 $34,839 $402,500 $120,750 $281,750
2019 $32,220 $1,150,000 $345,000 $805,000
2018 $31,907 $402,500 $120,750 $281,750
2017 $31,967 $386,020 $193,520 $192,500
2016 $31,721 $386,020 $193,520 $192,500
2015 $27,725 $386,020 $193,520 $192,500
2014 $27,725 $335,650 $168,280 $167,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4193489

MLS Now

APN: 001-04-009

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