NOT LISTED FOR SALE

1082 Lake Point Dr Lakewood, OH 44107

Estimated Value: $1,570,000 - $1,791,000

4 Beds
3.5 Baths
-- Sq Ft
0.42 Acres

Last Sold March 10, 2022

Last sale price $1,350,000

Est. 27% increase in value since last sale

Current estimated payment $11,591/month

37 Days on Market

Highlights

  • Lake Front
  • 0.42 Acre Lot
  • Deck
  • Horace Mann Elementary School Rated A-
  • Lake Privileges
  • Contemporary Architecture

About This Home

As of March 2022

Direct Clifton Beach access from this Mid Century Modern home complete with 4 levels, lovely architectural details and incredible potential! Tucked away on a quiet cul-de-sac overlooking Clifton Beach, enjoy stepping out your door and following your private path to the beach! The quality construction, meticulous maintenance, classic Mid Century modern features and amazing space offers any buyer an opportunity to create a very special home. The living room features gorgeous Lake views, vaulted ceilings, floor to ceiling windows and an amazing floor to ceiling brick, wood burning fireplace. The dining room and eat-in kitchen enjoy the same amazing lake views. A deck/balcony spans the lake side of this level offering unparalleled views. The upper level features a spacious Master suite with full bath and a large den/office that could easily function as a 5th bedroom. An additional 3 bedrooms, 2 full baths, laundry room and family room with fireplace are located on the 2nd level. Additional storage space is offered on the Walk-Out Lower level. This home has so much to offer, make it your own!

Last Agent to Sell the Property

Kimberly Crane

Howard Hanna License #2003008650 Listed on: 12/13/2021

Howard Hanna

Last Buyer's Agent

Timothy Bradford

Howard Hanna License #2003016766

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,765

Year Built

  • Built in 1973

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 48 x 380
  • Lake Front

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Water Views
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Deck

Utilities

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

Community Details

  • Association fees include recreation

Listing and Financial Details

  • Assessor Parcel Number 311-02-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,765

Year Built

Built in 1973

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Contemporary/Modern
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1973
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Unfinished, Walk-Out
  • Laundry Lower: 1
  • Laundry: 1

Exterior Features

  • View: Water View
  • Exterior: Brick
  • Exterior Features: Deck
  • Roof: Wood Shingles

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1480.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Clifton Beach

Fee Information

  • HOA Fee Includes: Recreation

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Dimensions: 48 x 380
  • Lot Description: Lake Erie Front, Lake Front, Lake Privileges/Acce, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.4186
  • Parcel Number: 311-02-051

Tax Info

  • Tax: 25765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Mar 1, 2022
Sold by
Nancy Y Tanis Declaration Of Trust and Chockley Frederick
Bought by
Louis J Finucane Family Trust and Finucane
Seller's Agent
Kimberly Crane
Howard Hanna
Buyer's Agent
Timothy Bradford
Howard Hanna
List Price
$1,699,000
Sold Price
$1,350,000
Premium/Discount to List
-$349,000
-20.54%
Current Estimated Value
$1,707,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,838
Avg. Annual Appreciation
6.67%
Original Mortgage
$999,999
Outstanding Balance
$934,321
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$773,517

Purchase Details

Listed on
Dec 13, 2021
Closed on
Feb 23, 2022
Sold by
John J Tanis Declaration Of Trust and Tanis John W
Bought by
Louis J Finucane Family Trust and Finucane
Seller's Agent
Kimberly Crane
Howard Hanna
Buyer's Agent
Timothy Bradford
Howard Hanna
List Price
$1,699,000
Sold Price
$1,350,000
Premium/Discount to List
-$349,000
-20.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Outstanding Balance
$934,321
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$773,517

Purchase Details

Closed on
Jul 10, 2019
Sold by
Tanis John J and Nancy Y Tanis Trust
Bought by
Nancy Y Tanis Trust

Purchase Details

Closed on
Jan 1, 1975
Bought by
Tanis Nancy Y
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
Louis J Finucane Family Trust $1,350,000 First American Title
Louis J Finucane Family Trust -- First American Title
Nancy Y Tanis Trust -- None Available
Tanis Nancy Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louis J Finucane Family Trust $999,999
Closed Louis J Finucane Family Trust $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $1,350,000 -10.0% --
01/19/2022 01/19/22 Pending -- -- --
01/03/2022 01/03/22 Price Changed $1,500,000 -11.7% --
12/13/2021 12/13/21 For Sale $1,699,000 -- --
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 $30,348 $472,500 $77,175 $395,325
2023 $28,852 $384,410 $98,530 $285,880
2022 $29,635 $384,405 $98,525 $285,880
2021 $28,086 $384,410 $98,530 $285,880
2020 $25,765 $310,000 $79,450 $230,550
2019 $25,255 $885,700 $227,000 $658,700
2018 $25,503 $310,000 $79,450 $230,550
2017 $25,968 $290,570 $68,600 $221,970
2016 $25,790 $290,570 $68,600 $221,970
2015 $22,820 $290,570 $68,600 $221,970
2014 $22,820 $248,370 $58,630 $189,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4338501

MLS Now

APN: 311-02-051