NOT LISTED FOR SALE

12500 Edgewater Dr Unit 308 Lakewood, OH 44107

Estimated Value: $203,000 - $305,000

2 Beds
2 Baths
1,328 Sq Ft
$727/mo HOA Fee

Last Sold March 02, 2015

Last sale price $115,000 $87 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,355/month

90 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Porch
  • Emerson Elementary School Rated A-
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of March 2015

First OPEN, this Sunday 1-3. An elegant, well run building with an incomparable location. Right on the water, with expansive lake views, gorgeous sunsets, a direct view of the city from the terrace, and only minutes from downtown. There really isn't a more comfortable or convenient way to live in Cleveland and fully enjoy the lakefront. Well renovated unit, with a large kitchen open to the main living area, looking directly out at the lake. The NW corner of the Waterford has one of the building's best floor plans, with a big living space spanning the corner, in this case forming an office, a dining room and a spacious living room- all in a bright, open floor plan. Two full baths, both renovated, a master bedroom and well-sized second - both w/walk-in closets complete the picture. The master has its own balcony. Monthly maintenance is $568.09, plus $159.15 capital reserve fund assessment. The Waterford's exceptional amenities include the most gracious common areas on the Gold Coast - a ballroom overlooking the water and the skyline, off a marble lobby with Waterford chandeliers, a large game-room/party-room, and indoor swimming pool and jacuzzi, even freezer storage and a wine storage room. Heated garage parking is also included.

Last Agent to Sell the Property

Jim Robinson

RE/MAX Real Estate Group License #436258 Listed on: 11/21/2014

RE/MAX Real Estate Group

Last Buyer's Agent

Jim Robinson

RE/MAX Real Estate Group License #436258 Listed on: 11/21/2014

RE/MAX Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 1973

Lot Details

  • Lake Front
  • Northwest Facing Home
  • Partially Fenced Property

HOA Fees

  • $727 Monthly HOA Fees

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Lake Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 312-10-316

Community Details

Overview

  • Association fees include air conditioning, insurance, electric, exterior building, garage/parking, gas, heat, landscaping, property management, recreation, reserve fund, security system, sewer, snow removal, trash removal, water

Amenities

  • Common Area

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,078

Year Built

Built in 1973

Lot Details

0

HOA Fees

$727 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Style: High-Rise
  • Unit Location: End
  • House Faces: Northwest
  • Price Per Square Foot: 86.60
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1328
  • Year Built: 1973
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 7
  • Basement Detail: Common, Finished, Full, Walk-Out
  • Living Area Sq Ft: 1328
  • Estimated Total Living Area: 1328
  • Estimated Sq Ft: 1328

Exterior Features

  • View: Lake Erie, Water View
  • Exterior Features: Porch
  • Fences: Partial

Garage/Parking

  • Driveway: Paved
  • Garage Features: Assigned/Reserved, Attached, Door Opener, Heated, Parking Garage, Water Available
  • Garage Num Of Cars: 1

Utilities

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

Association/Amenities

  • Amenities: Common Facility, Exercise Room, Pool

Condo/Co-op/Association

  • HOA Fees: 727.24
  • HOA Fee Frequency: Monthly
  • Hoa Name: Waterford Condominium Owners Assoc, Inc

Fee Information

  • HOA Fee Includes: Air Conditioning, Association Insurance, Electric, Exterior Building, Garage/Parking, Gas, Heat, Landscaping, Property Management, Recreation, Reserve Fund, Security System, Sewer, Snow Removal, Trash Removal, Water

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Description: Lake Erie Front, Lake Front, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 312-10-316

Rental Info

  • PetsAllowed: Yes

Multi Family

  • Unit Floor Num Of: 3

Tax Info

  • Tax: 2078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2014
Closed on
Feb 27, 2015
Sold by
Turner Lisa
Bought by
Kastelic Family Trust
Seller's Agent
Jim Robinson
RE/MAX Real Estate Group
Buyer's Agent
Jim Robinson
RE/MAX Real Estate Group
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%
Current Estimated Value
$243,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,847
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Jul 3, 2008
Sold by
Hubbard Richard L
Bought by
Heinke Lowell L and Heinke Marilyn I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2001
Sold by
Kondar Magdolna
Bought by
Campion Grace M

Purchase Details

Closed on
Sep 28, 2000
Sold by
Schneider James J
Bought by
Kondar Magdolna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,550
Interest Rate
7.99%

Purchase Details

Closed on
Mar 13, 1985
Sold by
Adams Roy William
Bought by
Adams Roy William

Purchase Details

Closed on
Oct 15, 1976
Bought by
Adams Roy William

Purchase Details

Closed on
Jan 1, 1975
Bought by
Waterford Assoc
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
Kastelic Family Trust $115,000 Northern Title Agency Inc
Heinke Lowell L $110,000 Real Living Title Agency Ltd
Campion Grace M $118,000 Mountaineer Title Inc
Kondar Magdolna $83,000 Mountaineer Title Inc
Adams Roy William -- --
Adams Roy William $59,000 --
Waterford Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heinke Lowell L $86,800
Previous Owner Kondar Magdolna $70,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2015 03/02/15 Sold $115,000 -10.9% $87 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $129,000 -- $97 / 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 $4,148 $64,575 $6,475 $58,100
2023 $3,868 $51,530 $5,150 $46,380
2022 $3,892 $51,520 $5,145 $46,375
2021 $3,853 $51,520 $5,150 $46,380
2020 $3,443 $40,250 $4,030 $36,230
2019 $3,375 $115,000 $11,500 $103,500
2018 $3,436 $40,250 $4,030 $36,230
2017 $3,526 $38,260 $3,710 $34,550
2016 $3,501 $38,260 $3,710 $34,550
2015 $3,501 $38,260 $3,710 $34,550
2014 $2,100 $30,800 $3,220 $27,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3669506

MLS Now

APN: 312-10-316