NOT LISTED FOR SALE

The Meridian Condos 12550 Lake Ave Unit 304 Lakewood, OH 44107

Estimated Value: $210,198 - $310,000

2 Beds
2 Baths
1,176 Sq Ft
$532/mo HOA Fee

Last Sold August 29, 2018

Last sale price $165,000 $140 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,225/month

70 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Views of Trees
  • Emerson Elementary School Rated A-
  • In Ground Pool
  • Community Lake

About This Home

As of August 2018

Get the most out of Summer in Northeastern Ohio! Enjoy carefree, resort style living every day of the year on Lakewood's Gold Coast with gorgeous sunsets and Lake Erie views from this smartly updated 2 bedroom 2 full bath condo. Renovations done in 2013 and include light oak laminated flooring throughout. Complete kitchen remodel with granite counters, quality light oak wood cabinetry with under counter lighting, upscale stainless steel appliances including glass cook top and wall mounted convection oven. Reverse osmosis drinking water system by Whirlpool. The expansive counter and extra cabinetry will make meal preparation a snap and a pleasure! Both bathrooms have been refreshed. Many extras include quality storage system in the walk in pantry, mirrored closet doors, and vertical blinds in the bedrooms. All windows replaced in 2013. Balcony floor resurfaced 2018. HVAC including humidifier is serviced regularly. This is a well cared for unit. You will love the convenient location of garage space #58 and the storage locker. The Meridian has wonderful amenities including a 24/7, friendly reception desk, indoor pool, outdoor pool and whirlpool...all saline (not chlorine). Dog friendly building, one dog per suite up to 34 pounds.

Last Agent to Sell the Property

Leslie Worsech

Worsech Real Estate Services License #2009003764 Listed on: 05/07/2018

Last Buyer's Agent

Kimberly Crane

Howard Hanna License #2003008650

Howard Hanna

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 1974

Lot Details

  • Lake Front
  • West Facing Home
  • Partially Fenced Property

HOA Fees

  • $532 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Views of Trees

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 312-08-328

Community Details

Overview

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

Amenities

  • Public Transportation
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,692

Year Built

Built in 1974

Lot Details

0

HOA Fees

$532 per month

Parking

1

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: Lake, Trees/Woods
  • Subdivision Name: Meridian Condos
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: High Rise, Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Common Basement
  • Basement: No
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Rubber
  • Fencing: Partial
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Direction Faces: West
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • 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: Fitness, Lake, Laundry Facilities, Pool, Public Transportation
  • Association #2 Fee: 531.54
  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 312-08-328
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 3692.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Denk Edward C
Bought by
Edward C Denk Living Trust
Current Estimated Value
$249,050

Purchase Details

Listed on
May 7, 2018
Closed on
Aug 29, 2018
Sold by
Goradia Manju
Bought by
Denk Edward C
Seller's Agent
Leslie Worsech
Worsech Real Estate Services
Buyer's Agent
Kimberly Crane
Howard Hanna
List Price
$169,500
Sold Price
$165,000
Premium/Discount to List
-$4,500
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$132,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2017
Sold by
Krutus Eugene A
Bought by
Najjar Lzdihar and Najjar Mohamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1978
Bought by
Goradia Manju

Purchase Details

Closed on
Jan 1, 1975
Bought by
Transcon Bldrs Inc
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
Edward C Denk Living Trust -- Yoder Kimberly K
Denk Edward C $165,000 Meridian Title Agency
Najjar Lzdihar $90,000 Northern Title Agency Inc
Goradia Manju $65,000 --
Transcon Bldrs Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denk Edward C $132,500
Previous Owner Denk Edward C $132,000
Previous Owner Najjar Lzdihar $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $165,000 -2.7% $140 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $169,500 -- $144 / 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 $4,064 $61,005 $6,090 $54,915
2023 $4,481 $57,760 $4,800 $52,960
2022 $4,509 $57,750 $4,800 $52,960
2021 $4,464 $57,750 $4,800 $52,960
2020 $4,481 $50,680 $5,080 $45,610
2019 $4,395 $144,800 $14,500 $130,300
2018 $2,580 $50,680 $5,080 $45,610
2017 $3,692 $37,530 $3,750 $33,780
2016 $3,523 $37,530 $3,750 $33,780
2015 $3,523 $37,530 $3,750 $33,780
2014 $3,187 $32,630 $3,260 $29,370
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

    Leslie Worsech
    Section Image
  • Kimberly Crane

    Buyer's Agent in 2018

    Kimberly Crane

    Howard Hanna

    (440) 652-3002

    63 in this area

    623 Total Sales

    Kimberly Crane
    Section Image
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About The Meridian Condos

Map

Source: MLS Now

MLS Number: 3996603

MLS Now

APN: 312-08-328

Ohio Cuyahoga County Lakewood 44107

12550 Lake Ave Unit 304, Lakewood, OH

This home is located at 12550 Lake Ave Unit 304, Lakewood, OH 44107 since 07 May 2018 and is currently estimated at $249,050, approximately $211 per square foot. This property was built in 1974. 12550 Lake Ave Unit 304 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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