NOT LISTED FOR SALE

1070 Rosalie Ave Lakewood, OH 44107

Estimated Value: $425,000 - $470,173

5 Beds
1.5 Baths
1,544 Sq Ft
$285/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $401,000 $260 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,156/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 1 Car Detached Garage
  • Lincoln Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Prime Investment Opportunity in Lakewood – Double Lot Near the Lake!
Don’t miss your chance to own the largest lot on Rosalie in the heart of Lakewood, offering endless possibilities! This unique property, nestled on an expansive 80 x 103-foot double lot, combines historic charm with unmatched potential. Rarely does such an opportunity come up in this sought-after neighborhood – it’s truly one of Lakewood's most exciting investment prospects in years! Built in 1917, this spacious 5-bedroom, 1.5-bath home boasts 1,544 square feet of living space across two stories, plus a finished attic – a total of 9 versatile rooms ready for your vision. While the property has endured water damage from burst pipes (kitchen drywall removed, professionally dried, and sprayed to prevent mold), it presents the perfect chance for a savvy buyer to scoop up this "as-is" opportunity and create something spectacular. Imagine restoring the home or exploring redevelopment options on this premier double lot, consolidated in 2024, complete with a mature garden of lush perennials and trees. Due to water damage, only cash or construction loan offers will be considered; water and gas services are currently off and will remain so, but an official land survey comes with the house. Investors and developers will recognize the immense potential here. The land alone is a rare find, and the house is brimming with untapped opportunity. Whether you're looking to flip, renovate, or build your dream property, this is a chance to make your mark in a highly desirable Lakewood location, just a stone's throw from the lake. Opportunities like this don’t come often, especially in such a prime area. This property is priced to attract interest and won’t last long . Call for your appointment today!

Last Agent to Sell the Property

Eric Lowrey

Berkshire Hathaway HomeServices Lucien Realty Brokerage Email: Eric@northeastohioagent.com 216-650-0365 License #2005008241 Listed on: 10/01/2024

Berkshire Hathaway HomeServices Lucien Realty

Last Buyer's Agent

Yang Alexander

Deleted Agent License #2014001275

Deleted Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,537

Year Built

  • Built in 1917

Lot Details

  • 4,121 Sq Ft Lot
  • 312-01-063

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Sylvanhurst Ext Subdivision

Listing and Financial Details

  • Assessor Parcel Number 312-01-062

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,537

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1917
  • Attribution Contact: Eric@northeastohioagent.com 216-650-0365
  • Subdivision Name: Sylvanhurst Ext
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Reso Property Condition: Fixer
  • 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: Built-In Oven, Cooktop
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0946
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • 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: 312-01-062
  • LandLeaseYN: No
  • Additional Parcels Description: 312-01-063
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9537.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Oct 23, 2024
Sold by
Lowrey Eric R and Lesiak-Lowrey Cynthia A
Bought by
Alexander Michael B and Alexander Yang Lu
Seller's Agent
Eric Lowrey
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Yang Alexander
Deleted Agent
List Price
$299,897
Sold Price
$401,000
Premium/Discount to List
$101,103
33.71%
Views
43
Current Estimated Value
$440,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,543
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
Dec 21, 1990
Sold by
Gentile Michael D
Bought by
Ashley Bill S

Purchase Details

Closed on
Jun 6, 1989
Sold by
Porter Richard F and Porter Elaine E
Bought by
Gentile Michael D

Purchase Details

Closed on
Jan 1, 1975
Bought by
Porter Richard F and Porter Elaine E
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
Alexander Michael B $393,370 Ace Title
Ashley Bill S $145,000 --
Gentile Michael D $130,000 --
Porter Richard F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2024 10/24/24 Sold $401,000 +33.7% $260 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $299,897 -33.4% $194 / Sq Ft
06/15/2022 06/15/22 Sold $450,000 +16.9% $199 / Sq Ft View Prior Sale
04/11/2022 04/11/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $385,000 0.0% $170 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $385,000 -- $170 / 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 $10,008 $155,820 $31,570 $124,250
2023 $8,097 $107,880 $20,830 $87,050
2022 $8,149 $107,870 $20,825 $87,045
2021 $8,066 $107,870 $20,830 $87,050
2020 $7,753 $90,650 $17,500 $73,150
2019 $7,600 $259,000 $50,000 $209,000
2018 $6,872 $90,650 $17,500 $73,150
2017 $6,199 $67,270 $13,860 $53,410
2016 $6,156 $67,270 $13,860 $53,410
2015 $5,570 $67,270 $13,860 $53,410
2014 $5,570 $58,490 $12,040 $46,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5074137

MLS Now

APN: 312-01-062