The Meridian Condos 12550 Lake Ave Unit 505 Lakewood, OH 44107
3
Beds
2
Baths
1,512
Sq Ft
$1,264/mo
HOA Fee
Highlights
- Lake Front
- Fitness Center
- 4.7 Acre Lot
- Emerson Elementary School Rated A-
- Heated Indoor Pool
- Community Lake
About This Home
As of June 2025Leap into Luxury Living at the exquisite Meridian of Lakewood. This nearly 1600 sqft Lakewood condo boasts 3 bedrooms and 2 full bathrooms, and overlooks Lake Erie. Every inch of this unit is UPDATED. Every light fixture, both bathrooms, the entire kitchen, flooring, every outlet.. it's all NEW NEW NEW, and done with the highest level of craftsmanship. Grand foyer welcomes you, into the building which is always staffed, hallways and exteriors are also newly updated.. the unit offers a spacious foyer, large open concept living and dining room with gas (free/included) fireplace, walls of windows and a stunning bar area for entertaining, all open to your large bright updated kitchen. Tons of fine cabinetry! Ample closets and storage throughout! Plush carpeting in the hall and bedrooms. The wall between the first two bedrooms is removable, should you wish. LED lighting with fans, and fantastic windows for the stunning views! TWO parking garage spaces and the building also includes Swimming Pool, Hot tub, Full Gym, and many utilities included, with fabulous outdoor areas to enjoy. Double balconies, with an outdoor "shed" walk-in closet to boot. The seller has lovingly invested into this unit and taken it truly over the top! We invite you to schedule a showing today, you'll love experiencing this elegant condo opportunity and feel right at home.
Last Agent to Sell the Property
RE/MAX Crossroads Properties Brokerage Email: annasellscleveland@gmail.com 216-389-5389 License #2018006061 Listed on: 12/06/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,202
Year Built
- Built in 1974 | Remodeled
HOA Fees
- $1,264 Monthly HOA Fees
Parking
- Subterranean Parking
Home Design
- Fiberglass Roof
- Concrete Siding
Interior Spaces
- 1,512 Sq Ft Home
- 1-Story Property
- Built-In Features
- Bar
- Chandelier
- Gas Fireplace
- Laundry in unit
- Property Views
- Basement
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
Home Security
Pool
- Heated Indoor Pool
- Heated In Ground Pool
Additional Features
- Lake Front
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 312-08-347
Community Details
Overview
- Association fees include management, common area maintenance, gas, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, reserve fund, roof, sewer, snow removal, security, trash, water
- Meridian Condo Association
- High-Rise Condominium
- Meridian Condo Subdivision
- Community Lake
Recreation
- Fitness Center
- Community Pool
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 6, 2024
Closed on
Jun 9, 2025
Sold by
Dacre Albert J
Bought by
Wirt Kelly Janine and Najarian Christopher R
Seller's Agent
Anna Lee Rindskopf
RE/MAX Crossroads Properties
Buyer's Agent
Eric Lowrey
Berkshire Hathaway HomeServices Lucien Realty
List Price
$364,900
Sold Price
$327,000
Premium/Discount to List
-$37,900
-10.39%
Views
209
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$310,650
Outstanding Balance
$310,386
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$24,460
Purchase Details
Listed on
Jul 11, 2022
Closed on
Nov 8, 2022
Sold by
Mccrone Family Trust
Bought by
Dacre Albert J
Seller's Agent
Darlene Barnes
Howard Hanna
Buyer's Agent
Lindsay Kronk
Howard Hanna
List Price
$325,000
Sold Price
$217,500
Premium/Discount to List
-$107,500
-33.08%
Views
117
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.05%
Purchase Details
Closed on
Apr 10, 2022
Sold by
Mccrone Marsha J
Bought by
Mccrone Family Trust
Purchase Details
Closed on
Aug 12, 2000
Sold by
Owen Richard R
Bought by
Mccrone John and Mccrone Marsha
Purchase Details
Closed on
Jun 20, 1997
Sold by
Robert Kramer Trst
Bought by
Owen Richard R and Owen Kathy K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 1979
Sold by
Kramer Jane M
Bought by
Kramer Jane M Trs
Purchase Details
Closed on
Aug 8, 1977
Sold by
Kramer Carl
Bought by
Kramer Jane M
Purchase Details
Closed on
Jan 1, 1975
Bought by
Kramer Carl
Similar Homes in Lakewood, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $327,000 | Cleveland Home Title | |
| Fiduciary Deed | $217,500 | Ohio Real Title | |
| Quit Claim Deed | -- | Banas David S | |
| Survivorship Deed | $170,000 | Prospect Title Agency Inc | |
| Deed | $112,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,650 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $88,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | $327,000 | -2.4% | $216 / Sq Ft |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | Price Changed | $334,900 | -2.9% | $221 / Sq Ft |
| 03/12/2025 03/12/25 | Price Changed | $344,900 | -5.5% | $228 / Sq Ft |
| 12/06/2024 12/06/24 | For Sale | $364,900 | +67.8% | $241 / Sq Ft |
| 11/09/2022 11/09/22 | Sold | $217,500 | -3.3% | $144 / Sq Ft |
| 10/27/2022 10/27/22 | Pending | -- | -- | -- |
| 10/25/2022 10/25/22 | Price Changed | $225,000 | -9.6% | $149 / Sq Ft |
| 09/29/2022 09/29/22 | Price Changed | $249,000 | -7.4% | $165 / Sq Ft |
| 09/06/2022 09/06/22 | Price Changed | $269,000 | -5.6% | $178 / Sq Ft |
| 08/09/2022 08/09/22 | Price Changed | $285,000 | -3.4% | $188 / Sq Ft |
| 07/29/2022 07/29/22 | Price Changed | $295,000 | -3.3% | $195 / Sq Ft |
| 07/18/2022 07/18/22 | Price Changed | $305,000 | -6.2% | $202 / Sq Ft |
| 07/11/2022 07/11/22 | For Sale | $325,000 | -- | $215 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $5,059 | $76,125 | $9,310 | $66,815 |
| 2023 | $7,202 | $93,700 | $9,380 | $84,320 |
| 2022 | $7,247 | $93,700 | $9,380 | $84,320 |
| 2021 | $7,175 | $93,700 | $9,380 | $84,320 |
| 2020 | $6,429 | $73,190 | $7,320 | $65,870 |
| 2019 | $6,306 | $209,100 | $20,900 | $188,200 |
| 2018 | $6,296 | $73,190 | $7,320 | $65,870 |
| 2017 | $5,299 | $55,900 | $5,600 | $50,300 |
| 2016 | $5,116 | $55,900 | $5,600 | $50,300 |
| 2015 | $5,116 | $55,900 | $5,600 | $50,300 |
| 2014 | $4,630 | $48,620 | $4,870 | $43,750 |
Source: Public Records
Agents Affiliated with this Home
-
Anna Lee Rindskopf
Seller's Agent in 2025
Anna Lee Rindskopf
RE/MAX Crossroads
(216) 389-5389
19 in this area
301 Total Sales
-
Eric Lowrey
E
Buyer's Agent in 2025
Eric Lowrey
Berkshire Hathaway HomeServices Lucien Realty
(216) 650-0365
30 in this area
104 Total Sales
-
Darlene Barnes
Seller's Agent in 2022
Darlene Barnes
Howard Hanna
(216) 533-8883
1 in this area
72 Total Sales
-
Brian Barnes
B
Seller Co-Listing Agent in 2022
Brian Barnes
Howard Hanna
(719) 649-8347
1 in this area
37 Total Sales
-
Lindsay Kronk
Buyer's Agent in 2022
Lindsay Kronk
Howard Hanna
(216) 536-2446
28 in this area
272 Total Sales
About The Meridian Condos
Map
Source: MLS Now
MLS Number: 5088866
APN: 312-08-347
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