$245,000
SOLD AUG 5, 2025

The Meridian Condos 12550 Lake Ave Unit 1407-1401 Lakewood, OH 44107

3 Beds
2.5 Baths
2,352 Sq Ft
$2,382/mo HOA Fee

Recently Sold

$104 Per Sq Ft

51% Below List Price

434 Days on Market

Highlights

  • Fitness Center
  • Indoor Pool
  • 4.7 Acre Lot
  • Emerson Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of August 2025

Custom-built, Large Great Rm; 3 Closets in Master suite. N.E. View of Lake Erie & Downtown Cleveland. Granite Kitchen; 3 Bedrooms and 2.5 Baths ! Includes two side by side parking spaces in garage, two balconies, access to indoor and outdoor pools, whirlpool tub, game room and exercise room. Pets allowed, 40 Lbs or Less. Leasing Allowed.

Last Agent to Sell the Property

Tony Kazanas

Realty Professionals, Inc. Brokerage Email: 440-835-0272 realtyprofessionalsinc@yahoo.com License #286930 Listed on: 05/14/2024

Last Buyer's Agent

Leslie Worsech

Worsech Real Estate Services License #2009003764

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • 312-08-453

HOA Fees

  • $2,382 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 14th floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2.5 Bathrooms

Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 312-08-452

Community Details

Overview

  • Association fees include management, electricity, heat, insurance, ground maintenance, maintenance structure, recreation facilities, reserve fund, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Meridian Condo Subdivision
  • Community Lake

Recreation

  • Fitness Center
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2,382 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1974
  • Attribution Contact: 440-835-0272 realtyprofessionalsinc@yahoo.com
  • ResoPoolFeatures: Indoor, Outdoor Pool, Community
  • Reso Association Fee Includes: Association Management, Electricity, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Snow Removal, Trash, Water
  • Subdivision Name: Meridian Condo
  • Above Grade Finished Sq Ft: 2352.0
  • Architectural Style: High Rise, Multiplex
  • Carport Y N: No
  • Entry Level: 14
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Tax Year: 2024
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Stories: 1
  • Stories: 1

Exterior Features

  • Roof: Other
  • Acres: 4.7027
  • Pool Private: Yes
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, On Site

Utilities

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

Condo/Co-op/Association

  • Community Features: Fitness, Lake, Park, Pool
  • Association #2 Fee: 2381.78
  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 312-08-452
  • LandLeaseYN: No
  • Additional Parcels Description: 312-08-453

Rental Info

  • PetsAllowed: Cats OK, Dogs OK, Size Limit

Tax Info

  • Tax Annual Amount: 11429.48

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Sold $245,000 -2.0% $104 / Sq Ft
07/23/2025 07/23/25 Pending -- -- --
07/17/2025 07/17/25 Price Changed $250,000 -9.1% $106 / Sq Ft
06/20/2025 06/20/25 Price Changed $275,000 -8.3% $117 / Sq Ft
05/12/2025 05/12/25 Price Changed $300,000 -14.3% $128 / Sq Ft
03/24/2025 03/24/25 Price Changed $350,000 -6.7% $149 / Sq Ft
01/03/2025 01/03/25 Price Changed $375,000 -6.3% $159 / Sq Ft
11/11/2024 11/11/24 Price Changed $400,000 -11.1% $170 / Sq Ft
09/24/2024 09/24/24 Price Changed $450,000 -10.0% $191 / Sq Ft
05/14/2024 05/14/24 For Sale $500,000 -- $213 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tony Kazanas

    Seller's Agent in 2025

    Tony Kazanas

    Realty Professionals, Inc.

    (216) 469-6737

    15 in this area

    96 Total Sales

    Tony Kazanas
    Section Image

  • L

    Buyer's Agent in 2025

    Leslie Worsech

    Worsech Real Estate Services

    (216) 513-7497

    34 in this area

    51 Total Sales

    Leslie Worsech
    Section Image
See All Agents

About The Meridian Condos

Map

Source: MLS Now

MLS Number: 5037716

MLS Now
Ohio Cuyahoga County Lakewood 44107

12550 Lake Ave Unit 1407-1401, Lakewood, OH

This home is located at 12550 Lake Ave Unit 1407-1401, Lakewood, OH 44107 and is currently priced at $245,000, approximately $104 per square foot. This property was built in 1974. 12550 Lake Ave Unit 1407-1401 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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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