NOT LISTED FOR SALE

The Meridian Condos 12550 Lake Ave Unit 1103 Lakewood, OH 44107

Estimated Value: $191,000 - $241,000

2 Beds
2 Baths
1,176 Sq Ft
$1,154/mo HOA Fee

Last Sold June 03, 2024

Last sale price $185,000 $157 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,801/month

9 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Medical Services
  • Emerson Elementary School Rated A-
  • Heated Indoor Pool
  • Sauna

About This Home

As of June 2024

Simply lovely. This 2 bedroom, 2 bath Meridian condominium also provides great spaces for your home office. Bright. Neutral. Updated. Great room with defined dining area. The 11th floor balcony off the great room offers outstanding Lake Erie views. The remodeled kitchen with its walls removed supplies an open concept floor plan, abundant cabinetry, granite counters & newer appliances. Huge living space. Ceramic tile floors. This condominium is absolutely ready to move in. Generous bedrooms. 2 full updated baths. Master with generous walk-in closet, many built-ins, and jewelry closet. Tremendous storage and additional storage unit in building. One deeded heated garage space included. Most utilities (all but light bill) are included in the HOA fee. The Gold Coast's premier condominium (the only one built as a condo - not an apartment conversion.) Every amenity: 24-hour front desk, 24/7 security system, indoor and outdoor heated pools, indoor hot tub and saunas, indoor racquetball court, outdoor grills and picnic tables, wooded picnic area with picnic tables and gas grills, grassy communal backyard that leads to dramatic cliff over Lake Erie & amazing views of downtown Cleveland, game room with professional billiard table, coffee shop and multiple lounge areas, large party room with catering kitchen, bar area and baby grand piano (150 person capacity), hobby room with kitchenette (30 people) & wi-fi, 2 indoor car wash bays, laundry facility on each floor, gated outdoor dog walk/run area, ample guest parking, dry cleaning service, package & delivery services. Close to everything and just a short drive (or RTA) to downtown. Excellent access to airport & freeways. (The Meridian is a highly owner occupied building.) Meridian is PET FRIENDLY to cats and/or small dogs.

Last Agent to Sell the Property

Lou Barbee

RE/MAX Real Estate Group Brokerage Email: 440-899-0000 results@ameritech.net License #388374 Listed on: 04/25/2024

RE/MAX Real Estate Group

Last Buyer's Agent

Holly Zingale

Keller Williams Chervenic Rlty License #2020007856

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Lake Front
  • East Facing Home
  • Landscaped

HOA Fees

  • $1,154 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Enclosed Parking
  • Inside Entrance
  • Common or Shared Parking
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Additional Parking
  • Parking Lot
  • Deeded Parking
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Storage
  • Sauna
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Pool

  • Heated Indoor Pool
  • Cabana
  • Filtered Pool
  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 312-08-418

Community Details

Overview

  • Association fees include management, gas, heat, HVAC, hot water, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), recreation facilities, reserve fund, roof, sewer, snow removal, security, trash, water
  • Meridian Association
  • Meridian Condoiniums Subdivision
  • Community Lake

Amenities

  • Medical Services
  • Common Area
  • Public Transportation
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool or Spa Combo
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$1,154 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1974
  • Attribution Contact: 440-899-0000 results@ameritech.net
  • Road Frontage Type: Lakefront
  • ResoLotFeatures: Lake Erie Front, Lake Front, Landscaped, Views, Waterfront
  • ResoPoolFeatures: Cabana, Filtered, Heated, Indoor, In Ground, Outdoor Pool, Pool/Spa Combo, Community
  • Reso View: Lake
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Association Management, Gas, Heat, HVAC, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Snow Removal, Security, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Meridian Condoiniums
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Entry Level: 11
  • Garage Yn: Yes
  • Reso Interior Features: Built-in Features, Elevator, Granite Counters, High Speed Internet, Open Floorplan, Storage, Sauna, Walk-In Closet(s)
  • Unit Levels: One
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2023
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Common Basement, Full
  • Basement: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Grill
  • Roof: Composition, Flat
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Disclosures: HOA Disclosure
  • Home Warranty: No
  • Construction Type: Block, Cement Siding
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Assigned, Attached, Circular Driveway, Common, Covered, Drain, Deeded, Driveway, Enclosed, Garage, Garage Door Opener, Guest, Heated Garage, Indoor, Inside Entrance, On Site, Outside, Paved, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Fitness Center, Fitness, Lake, Laundry Facilities, Medical Service, Other, Park, Street Lights, Sidewalks, Tennis Court(s), Pool, Public Transportation
  • Association Fee: 1154.0
  • Association Fee Frequency: Monthly
  • Association Name: Meridian
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 312-08-418
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Cats OK, Dogs OK, Number Limit, Size Limit

Tax Info

  • Tax Annual Amount: 5636.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 31, 2024
Sold by
Gabriela D Kaplan Revocable Trust and Kaplan Gabriela D
Bought by
Odonnell Daniel A and Odonnell Julie A
Seller's Agent
Lou Barbee
RE/MAX Real Estate Group
Buyer's Agent
Holly Zingale
Keller Williams Chervenic Rlty
List Price
$185,000
Sold Price
$185,000
Views
68
Current Estimated Value
$227,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,703
Avg. Annual Appreciation
14.22%

Purchase Details

Closed on
Dec 27, 2007
Sold by
Kaplan Gabriela D
Bought by
Kaplan Gabriela D and Gabriela D Kaplan Revocable Trust

Purchase Details

Closed on
Aug 13, 1982
Sold by
Toth Barbara J
Bought by
Kaplan Gabriela D

Purchase Details

Closed on
Mar 30, 1979
Bought by
Toth Barbara J

Purchase Details

Closed on
Jan 1, 1975
Bought by
Transcon Bldrs Inc
Source: Public Records

Range of Values:

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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
Odonnell Daniel A $185,000 None Listed On Document
Kaplan Gabriela D -- None Available
Kaplan Gabriela D $70,000 --
Toth Barbara J $64,700 --
Transcon Bldrs Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaplan Md Gabriela D $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $185,000 0.0% $157 / Sq Ft
04/25/2024 04/25/24 For Sale $185,000 0.0% $157 / Sq Ft
05/25/2023 05/25/23 Rented $1,950 0.0% --
04/16/2023 04/16/23 Under Contract -- -- --
12/02/2022 12/02/22 For Rent $1,950 +21.9% --
05/21/2020 05/21/20 Rented $1,600 0.0% --
05/17/2020 05/17/20 Under Contract -- -- --
03/14/2020 03/14/20 Price Changed $1,600 -5.9% $1 / Sq Ft
03/05/2020 03/05/20 For Rent $1,700 +9.7% --
02/21/2019 02/21/19 Rented $1,550 -3.1% --
09/24/2018 09/24/18 For Rent $1,600 -- --
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 $4,873 $71,855 $7,175 $64,680
2023 $5,636 $71,440 $7,140 $64,300
2022 $5,672 $71,440 $7,140 $64,300
2021 $5,619 $71,440 $7,140 $64,300
2020 $5,037 $55,790 $5,570 $50,230
2019 $4,947 $159,400 $15,900 $143,500
2018 $4,260 $55,790 $5,570 $50,230
2017 $3,756 $38,120 $3,820 $34,300
2016 $3,578 $38,120 $3,820 $34,300
2015 $3,238 $38,120 $3,820 $34,300
2014 $3,238 $33,150 $3,330 $29,820
Source: Public Records

Agents Affiliated with this Home

  • Lou Barbee

    Seller's Agent in 2024

    Lou Barbee

    RE/MAX

    (440) 899-0000

    10 in this area

    116 Total Sales

    Lou Barbee
    Section Image
  • Holly Zingale

    Buyer's Agent in 2024

    Holly Zingale

    Keller Williams Chervenic Rlty

    (440) 523-1804

    1 in this area

    26 Total Sales

    Holly Zingale
    Section Image
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About The Meridian Condos

Map

Source: MLS Now

MLS Number: 5033232

MLS Now

APN: 312-08-418

Ohio Cuyahoga County Lakewood 44107

12550 Lake Ave Unit 1103, Lakewood, OH

This home is located at 12550 Lake Ave Unit 1103, Lakewood, OH 44107 since 25 April 2024 and is currently estimated at $227,703, approximately $193 per square foot. This property was built in 1974. 12550 Lake Ave Unit 1103 is a home located in Cuyahoga County with nearby schools including Emerson Elementary School, Garfield Middle School, and Lakewood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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