NOT LISTED FOR SALE

Marine Towers East 12520 Edgewater Dr Unit 703 Lakewood, OH 44107

Estimated Value: $46,000 - $57,000

1 Bed
1 Bath
525 Sq Ft
$710/mo HOA Fee

Last Sold September 26, 2023

Last sale price $42,500 $81 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,076/month

32 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Forced Air Heating and Cooling System
  • Emerson Elementary School Rated A-
  • Views
  • Laundry Facilities

About This Home

As of September 2023

Carefree living in studio condo in a great building overlooking Lake Erie. Large living area, separate dining area, updated kitchen, and two large walk-in closets. Luxury vinyl flooring, granite countertop. In nice condition with neutral colors. The lake is visible from the large windows. Laundry facility on each floor of the building.
Featuring a large party room on the top floor with amazing lake and city views. Maintenance and office attendant on-site. Picnic area, dog walk and lakeside pool. Open parking, with covered parking available for a fee.

Last Agent to Sell the Property

John Fitch

Market First Real Estate Services Brokerage Email: (440) 799-8081 sdewitty@cox.net License #2001001517 Listed on: 07/29/2023

Last Buyer's Agent

Heather Wood

McDowell Homes Real Estate Services License #2020007348

McDowell Homes Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $777

Year Built

  • Built in 1963

Lot Details

  • 3.78

HOA Fees

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 525 Sq Ft Home
  • 1-Story Property
  • Property Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Utilities

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

Additional Features

  • In Ground Pool
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 312-09-354

Community Details

Overview

  • Association fees include management, gas, heat, HVAC, insurance, ground maintenance, parking, recreation facilities, reserve fund, sewer, snow removal, security, trash, water
  • Coral Management Association
  • High-Rise Condominium
  • Marine Towers East Condos Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$777

Year Built

Built in 1963

Lot Details

0

HOA Fees

$710 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1963
  • Attribution Contact: (440) 799-8081 sdewitty@cox.net
  • Road Frontage Type: Lakefront
  • ResoLotFeatures: Lake Erie Front, Lake Front
  • ResoPoolFeatures: In Ground, Community
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Association Management, Gas, Heat, HVAC, Insurance, Maintenance Grounds, Other, Parking, Recreation Facilities, Reserve Fund, Sewer, Snow Removal, Security, Trash, Water
  • Subdivision Name: Marine Towers East Condos
  • Above Grade Finished Sq Ft: 525.0
  • Architectural Style: High Rise, Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1

Exterior Features

  • Roof: Other
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Paved

Utilities

  • LaundryFeatures: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Laundry Facilities, Pool
  • Association #2 Fee: 408.28
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 301.72
  • Association Fee Frequency: Monthly
  • Association Name: Coral Management
  • Association: Yes

Schools

  • Junior High Dist: Lakewood CSD (Cuyahoga)- 1817

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 312-09-354
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 777.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Sep 19, 2023
Sold by
Moss Raymond and Moss Beverly
Bought by
Samuel Saad Investments Llc
Seller's Agent
John Fitch
Market First Real Estate Services
Buyer's Agent
Heather Wood
McDowell Homes Real Estate Services
List Price
$49,900
Sold Price
$42,500
Premium/Discount to List
-$7,400
-14.83%
Views
579
Current Estimated Value
$52,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,368
Avg. Annual Appreciation
9.90%

Purchase Details

Listed on
Nov 1, 2022
Closed on
Nov 28, 2022
Sold by
Hrastovic Rudolf and Hrastovic Naraliia
Bought by
Moss Raymond
Seller's Agent
Iulia Cebanu
EXP Realty, LLC.
Buyer's Agent
John Fitch
Market First Real Estate Services
List Price
$49,500
Sold Price
$49,500
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.97%

Purchase Details

Closed on
Apr 22, 2022
Sold by
Sheriff Of Cuyahoga County
Bought by
Glass Colleen M

Purchase Details

Closed on
Jun 27, 2003
Sold by
Hundertmark David J
Bought by
Glass Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,625
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Mullin Michael E
Bought by
Hundertmark David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,671
Interest Rate
6.29%

Purchase Details

Closed on
Feb 18, 1992
Sold by
Kearney Joseph
Bought by
Mullin Michael E

Purchase Details

Closed on
Sep 25, 1990
Bought by
Kearney Joseph

Purchase Details

Closed on
Jan 28, 1980
Sold by
Ferguson Howard E
Bought by
Kellys Country Kitchen Inc

Purchase Details

Closed on
Jan 1, 1975
Bought by
Ferguson Howard E
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
Samuel Saad Investments Llc $42,500 Gm Title
Moss Raymond $49,500 Chicago Title
Glass Colleen M $39,100 Manley Deas Kochalski Llc
Glass Colleen M $37,500 Progressive Land Title Agenc
Hundertmark David J $30,000 --
Mullin Michael E $20,000 --
Kearney Joseph $19,900 --
Kellys Country Kitchen Inc $20,000 --
Ferguson Howard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glass Colleen M $35,625
Previous Owner Hundertmark David J $29,671
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $42,500 -5.3% $81 / Sq Ft
08/30/2023 08/30/23 Price Changed $44,900 -10.0% $86 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $49,900 +0.8% $95 / Sq Ft
11/30/2022 11/30/22 Sold $49,500 0.0% $94 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $49,500 -- $94 / 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 $920 $14,000 $1,645 $12,355
2023 $790 $10,290 $1,050 $9,240
2022 $777 $10,290 $1,050 $9,240
2021 $769 $10,290 $1,050 $9,240
2020 $683 $7,980 $810 $7,180
2019 $670 $22,800 $2,300 $20,500
2018 $669 $7,980 $810 $7,180
2017 $881 $9,560 $950 $8,610
2016 $875 $9,560 $950 $8,610
2015 $875 $9,560 $950 $8,610
2014 -- $10,160 $1,020 $9,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4478272

MLS Now

APN: 312-09-354