NOT LISTED FOR SALE

1061 Summit Ave Lakewood, OH 44107

Estimated Value: $497,000 - $545,000

3 Beds
2.5 Baths
1,764 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $480,000 $272 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,448/month

32 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Detached Garage
  • Lincoln Elementary School Rated A
  • No HOA
  • Front Porch

About This Home

As of September 2024

You will be immediately enamored when you drive up to this uber-charming home. The curb appeal is off the charts! Located in the City of Lakewood close to the lake and to Lakewood Park, 1061 Summit Ave. is a MUST SEE! The delightfully welcoming front porch beckons you to sit and watch the world go by. Have coffee or entertain in style. Newer flooring throughout this home lends a sense of cohesiveness. The master bedroom boasts a large closet and completely renovated, gorgeous bath. The fully fenced back yard is great for pets and the full 2 car garage is a great bonus in both the winter and summer months for your vehicles and to store lawn equipment. This home is nearly irresistible. Don't waste time scheduling a tour.

Last Agent to Sell the Property

Bellinski-Lynch Real Estate Group

Russell Real Estate Services Brokerage Email: adambellinski@att.net 330-685-5583 License #2013001787 Listed on: 07/11/2024

Russell Real Estate Services

Co-Listed By

Matthew Meekins

Russell Real Estate Services Brokerage Email: adambellinski@att.net 330-685-5583 License #2017006005

Last Buyer's Agent

Jeffrey Strauch

Keller Williams Citywide License #2019003662

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,355

Year Built

  • Built in 1913

Lot Details

  • 5,040 Sq Ft Lot
  • Property is Fully Fenced
  • Privacy Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Front Porch

Utilities

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

Community Details

  • No Home Owners Association
  • C L & L R Newells Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 311-13-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,355

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1913
  • Attribution Contact: adambellinski@att.net 330-685-5583
  • Co List Office Phone: 330-723-2777
  • Subdivision Name: C L & L R Newells Sub
  • Above Grade Finished Sq Ft: 1764.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes
  • Appliances: Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full, Privacy
  • Acres: 0.1157
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Wood Siding
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • 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: 311-13-050
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7355.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 5, 2024
Sold by
Roderick Heather D and Pauley Matthew A
Bought by
Lange Edward
Seller's Agent
Bellinski-Lynch Real Estate Group
Russell Real Estate Services
Buyer's Agent
Jeffrey Strauch
Keller Williams Citywide
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%
Views
116
Current Estimated Value
$515,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,952
Avg. Annual Appreciation
6.54%
Original Mortgage
$456,000
Outstanding Balance
$451,168
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$64,784

Purchase Details

Listed on
Jun 29, 2019
Closed on
Sep 4, 2019
Sold by
Langenauer Urs and Langenauer Sara
Bought by
Roderick Heather D and Mcclure Elizabeth D
Seller's Agent
Vincent Coleman
Deleted Agent
Buyer's Agent
Mark Tomal
Deleted Agent
List Price
$309,900
Sold Price
$280,000
Premium/Discount to List
-$29,900
-9.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$180,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2005
Sold by
Pickner Brian and Pickner Hannah
Bought by
Hoskins George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2005
Sold by
Fowler Jody A
Bought by
Pickner Brian and Pickner Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2002
Sold by
Rankin Thomas J
Bought by
Fowler Jody A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
5%

Purchase Details

Closed on
Feb 13, 2001
Sold by
Rankin Thomas J
Bought by
Rankin Thomas J

Purchase Details

Closed on
Jul 8, 1998
Sold by
Thomas Wanda J
Bought by
Rankin Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.17%

Purchase Details

Closed on
Apr 21, 1993
Sold by
Burich Raymond F
Bought by
Thomas Wanda J

Purchase Details

Closed on
Aug 23, 1990
Sold by
Burich Raymond F
Bought by
Burich Raymond F

Purchase Details

Closed on
Jun 15, 1989
Sold by
Pendergast Margaret R
Bought by
Moeller Judith A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Pendergast Margaret R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lange Edward $480,000 Newman Title
Roderick Heather D $280,000 Fast Tract Title
Hoskins George R $263,000 Chicago Title Insurance C
Pickner Brian $252,500 Title Access Llc
Fowler Jody A $234,000 --
Rankin Thomas J -- --
Rankin Thomas J $200,000 --
Thomas Wanda J $156,500 --
Burich Raymond F -- --
Burich Raymond F $112,000 --
Moeller Judith A $75,000 --
Pendergast Margaret R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lange Edward $456,000
Previous Owner Roderick Heather D $180,000
Previous Owner Hoskins George R $212,000
Previous Owner Pickner Brian $65,000
Previous Owner Fowler Jody A $209,000
Previous Owner Rankin Thomas J $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2024 09/06/24 Sold $480,000 -1.0% $272 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $485,000 -1.0% $275 / Sq Ft
08/01/2024 08/01/24 Price Changed $490,000 -2.0% $278 / Sq Ft
07/23/2024 07/23/24 For Sale $500,000 0.0% $283 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $500,000 +78.6% $283 / Sq Ft
09/17/2019 09/17/19 Sold $280,000 -6.6% $107 / Sq Ft View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
07/16/2019 07/16/19 Price Changed $299,900 -3.2% $115 / Sq Ft
06/29/2019 06/29/19 For Sale $309,900 +34.7% $119 / Sq Ft
12/31/2012 12/31/12 Sold $230,000 -8.0% $130 / Sq Ft View Prior Sale
10/30/2012 10/30/12 Pending -- -- --
09/15/2012 09/15/12 For Sale $250,000 -- $142 / 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 $8,736 $133,000 $24,185 $108,815
2023 $7,355 $98,000 $23,030 $74,970
2022 $7,402 $98,000 $23,030 $74,970
2021 $7,327 $98,000 $23,030 $74,970
2020 $8,265 $96,640 $19,360 $77,280
2019 $8,102 $276,100 $55,300 $220,800
2018 $8,089 $96,640 $19,360 $77,280
2017 $7,419 $80,510 $15,300 $65,210
2016 $7,368 $80,510 $15,300 $65,210
2015 $7,747 $80,510 $15,300 $65,210
2014 $7,747 $79,310 $13,300 $66,010
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5053035

MLS Now

APN: 311-13-050