NOT LISTED FOR SALE

1081 Summit Ave Lakewood, OH 44107

Estimated Value: $540,000 - $604,000

3 Beds
3.5 Baths
2,025 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $444,000 $219 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,076/month

6 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Lincoln Elementary School Rated A
  • 2 Car Detached Garage

About This Home

As of May 2020

Welcome to one of the most beautiful homes in Lakewood! This house was completely renovated less than 2 years ago and was meticulously thought out, as the builder made sure every inch of the home was usable with convenience and made with high end materials. You will notice as you walk in that the floors are immaculate and the open floor plan on the first floor is gorgeous! As you walk upstairs, the second floor is just as nice as the first floor, with a hookup for laundry available, 3 bedrooms, including a wonderful master bedroom and an amazing master bathroom with an incredible sunlight over the shower. The partially finished basement also has an awesome full bathroom and another laundry area. All of this and the beauty of walking a 1/2 block to the lake, which you can also see from the balcony off of the bedroom upstairs. This house is truly a masterpiece! Call today to schedule your showing.

Last Agent to Sell the Property

Mathew Chase

Keller Williams Greater Metropolitan License #2013002819 Listed on: 02/22/2020

Keller Williams Greater Metropolitan

Co-Listed By

Guy Rodgers

EXP Realty, LLC. License #2017003220

Last Buyer's Agent

Rachelle Loraine

Keller Williams Citywide License #2018002126

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,122

Year Built

  • Built in 1916

Lot Details

  • 5,053

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 311-13-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,122

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 347.69
  • Estimated Price per Sq Ft: 347.69
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1277
  • Year Built: 1916
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 11
  • Laundry Lower: 1
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1277.00
  • Sq Ft Approx Below Grade Finished: 748.00
  • Sq Ft Approx Total Finished: 2025.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 311-13-045

Tax Info

  • Tax: 8122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2020
Closed on
Apr 23, 2020
Sold by
Manley Margaret Ann and Manley Anne T
Bought by
Connell Daniel O
Seller's Agent
Mathew Chase
Keller Williams Greater Metropolitan
Buyer's Agent
Rachelle Loraine
Keller Williams Citywide
List Price
$449,000
Sold Price
$444,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$579,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,925
Avg. Annual Appreciation
4.93%
Original Mortgage
$396,000
Outstanding Balance
$351,468
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$228,457

Purchase Details

Closed on
Feb 12, 2018
Sold by
Cundiff John A and Cundiff Colleen D
Bought by
Manley Margaret Ann and Manley Anne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2017
Sold by
Jamison Thomas C and Teh Thomas C Jamison Revocable
Bought by
Cundiff John A and Cundiff Colleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2014
Sold by
Jamison Thomas C
Bought by
The Thomas C Jamison Revocable Trust and Jamison Thomas C

Purchase Details

Closed on
Jan 1, 1975
Bought by
Jamison Thomas C and Jamison Ann
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
Connell Daniel O $440,000 Cleveland Home Title
Manley Margaret Ann $400,000 Title One
Cundiff John A $152,500 Cleveland Home Title
The Thomas C Jamison Revocable Trust -- Attorney
Jamison Thomas C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Daniel O $396,000
Previous Owner Manley Margaret Ann $323,000
Previous Owner Cundiff John A $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2020 05/01/20 Sold $444,000 -1.1% $219 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $449,000 -- $222 / 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 $12,227 $190,365 $24,185 $166,180
2023 $8,653 $115,290 $23,030 $92,260
2022 $8,708 $115,290 $23,030 $92,260
2021 $8,620 $115,290 $23,030 $92,260
2020 $8,287 $96,880 $19,360 $77,530
2019 $8,123 $276,800 $55,300 $221,500
2018 $6,059 $96,880 $19,360 $77,530
2017 $4,490 $57,480 $15,300 $42,180
2016 $4,459 $57,480 $15,300 $42,180
2015 $3,926 $57,480 $15,300 $42,180
2014 $3,926 $49,980 $13,300 $36,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4170618

MLS Now

APN: 311-13-045