NOT LISTED FOR SALE

The Meridian Condos 12550 Lake Ave Unit 1211 Lakewood, OH 44107

Estimated Value: $351,000 - $487,000

2 Beds
2 Baths
1,512 Sq Ft
$679/mo HOA Fee

Last Sold July 31, 2018

Last sale price $350,000 $231 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,620/month

98 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • City View
  • Emerson Elementary School Rated A-
  • In Ground Pool
  • Community Lake

About This Home

As of July 2018

Rarely available NE corner on a higher floor with panoramic views of Lake Erie and Downtown. Enjoy entertaining family and friends in the open kitchen with ample granite counters, upscale SS appliances and light oak cabinetry. The suite is neutral, freshly painted with new carpeting. There is an expansive, tiled, corner balcony for relaxing and taking in the views. This suite was reconfigured from three bedrooms and now has two large bedrooms with loads of closet space...please note bedroom sizes. Bathrooms have been nicely updated. The Meridian has a 24 hour reception desk and a full complement of resort style amenities including a saline indoor pool, outdoor pool and whirlpool. Great gym facilities. Parking space #175 is a tandem space in the garage for two vehicles. A storage locker also conveys with the suite. This is a dog friendly building with one dog (up to 34 pounds) per unit.

Last Agent to Sell the Property

Leslie Worsech

Worsech Real Estate Services License #2009003764 Listed on: 03/24/2018

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,463

Year Built

  • Built in 1974

Lot Details

  • Lake Front
  • Northeast Facing Home
  • Partially Fenced Property

HOA Fees

  • $679 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Running Water Available in Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • City Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 312-08-426

Community Details

Overview

  • High-Rise Condominium
  • Meridian Condo Subdivision
  • Community Lake

Amenities

  • Common Area
  • Public Transportation
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,463

Year Built

Built in 1974

Lot Details

0

HOA Fees

$679 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1974
  • Road Frontage Type: Lakefront
  • ResoLotFeatures: Lake Erie Front, Lake Front
  • ResoPoolFeatures: In Ground, Community
  • Reso View: City, Lake
  • Subdivision Name: Meridian Condo
  • Above Grade Finished Sq Ft: 1512.0
  • Architectural Style: High Rise, Ranch
  • Carport Y N: No
  • Entry Level: 12
  • Garage Yn: Yes
  • Reso Interior Features: Elevator
  • Property Attached Yn: Yes
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2

Exterior Features

  • Roof: Rubber
  • Fencing: Partial
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Direction Faces: Northeast

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Drain, Electricity, Garage, Garage Door Opener, Heated Garage, Paved, Water Available, Outside

Utilities

  • 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, Fitness, Lake, Laundry Facilities, Pool, Public Transportation
  • Association #2 Fee: 679.01
  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 312-08-426
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 6463.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2018
Closed on
Jul 30, 2018
Sold by
Villalba Proeperties 1 Llc
Bought by
Herniann Maria
Seller's Agent
Leslie Worsech
Worsech Real Estate Services
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$450,000
Sold Price
$350,000
Premium/Discount to List
-$100,000
-22.22%
Current Estimated Value
$402,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,572
Avg. Annual Appreciation
1.72%
Original Mortgage
$280,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2018
Sold by
Villalba Francisca M
Bought by
Villalba Properties 1 Llc

Purchase Details

Closed on
Feb 12, 2015
Sold by
Villalba Abdon E and Villalba Francisca M
Bought by
Vaillalba Properties 1 Llc

Purchase Details

Closed on
Feb 25, 2009
Sold by
Giffels Mary Lou and Giffels Thomas E
Bought by
Villalba Abdon E and Villalba Francisca M

Purchase Details

Closed on
Sep 19, 2005
Sold by
Giffels Mary Lou and Giffels Thomas E
Bought by
Giffels Mary Lou and Giffels Thomas E

Purchase Details

Closed on
Oct 15, 1999
Sold by
Giffels Richard J and Giffels Mary Lou
Bought by
Giffels Richard J and Giffels Mary Lou

Purchase Details

Closed on
Sep 25, 1991
Sold by
Grace Charles H
Bought by
Giffels Richard J

Purchase Details

Closed on
Aug 27, 1986
Sold by
Conway Mary B
Bought by
Grace Charles H

Purchase Details

Closed on
Jan 28, 1982
Sold by
Conway John P and M B
Bought by
Conway Mary B

Purchase Details

Closed on
Jan 1, 1975
Bought by
Conway John P and M B
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
Herniann Maria $350,000 Nova Title Agency Inc
Villalba Properties 1 Llc -- Nova Title Agency Inc
Vaillalba Properties 1 Llc -- Attorney
Villalba Abdon E $215,000 Chicago Title Insurance Co
Villalba Abdon E -- Chicago Title Insurance Co
Giffels Mary Lou -- --
Giffels Richard J -- --
Giffels Richard J $185,500 --
Grace Charles H $172,500 --
Conway Mary B -- --
Conway John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herniann Maria $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $350,000 -12.3% $231 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
05/30/2018 05/30/18 Price Changed $399,000 -11.3% $264 / Sq Ft
03/24/2018 03/24/18 For Sale $450,000 -- $298 / 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 $8,838 $131,705 $10,815 $120,890
2023 $8,957 $114,280 $11,410 $102,870
2022 $9,014 $114,275 $11,410 $102,865
2021 $8,930 $114,280 $11,410 $102,870
2020 $8,002 $89,290 $8,930 $80,360
2019 $7,858 $255,100 $25,500 $229,600
2018 $7,849 $89,290 $8,930 $80,360
2017 $6,463 $66,750 $6,690 $60,060
2016 $6,108 $66,750 $6,690 $60,060
2015 $6,109 $66,750 $6,690 $60,060
2014 $5,526 $58,030 $5,810 $52,220
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Leslie Worsech

    Worsech Real Estate Services

    (216) 513-7497

    34 in this area

    51 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Non-Member

    Non-Member

See All Agents

About The Meridian Condos

Map

Source: MLS Now

MLS Number: 3983903

MLS Now

APN: 312-08-426

Ohio Cuyahoga County Lakewood 44107

12550 Lake Ave Unit 1211, Lakewood, OH

This home is located at 12550 Lake Ave Unit 1211, Lakewood, OH 44107 since 24 March 2018 and is currently estimated at $416,696, approximately $275 per square foot. This property was built in 1974. 12550 Lake Ave Unit 1211 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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