NOT LISTED FOR SALE

The Meridian Condos 12550 Lake Ave Unit 908 Lakewood, OH 44107

Estimated Value: $156,000 - $191,000

1 Bed
1 Bath
932 Sq Ft
4.7 Acres

Last Sold August 09, 2024

Last sale price $160,000 $172 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,149/month

Highlights

  • Fitness Center
  • Heated Indoor Pool
  • Balcony
  • Emerson Elementary School Rated A-
  • Waterfront
  • 1 Car Attached Garage

About This Home

As of August 2024

Gorgeous Sunsets and Lake View to be enjoyed from this spacious one bedroom West facing condo at The Meridian****Relax this summer into fall on your huge 18 ft x6 ft balcony. Unique open floor plan features an island that divides the space and incorporates loads of storage and a beverage refrigerator.Enjoy a Coastal Craftman Vibe. An abundance of storage space with two walk in closets and a storage locker on the garage level. Assigned parking space #82. Laundry rooms are on every floor plus a large commercial washer and dryer is available on the garage level. Courteous and competent 24/7 reception desk and amenities galore including one indoor and one outdoor pool, fitness room, sauna, whirlpool/hot tub and gas grills and picnic areas. Close to everything Lakewood, University Circle and airport.

Last Agent to Rent the Property

Leslie Worsech

Worsech Real Estate Services Brokerage Email: 216-513-7497 leslieworsech@sbcglobal.net License #2009003764 Listed on: 07/01/2024

Last Renter's Agent

Shannon Sashko

Deleted Agent License #2017003386

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Waterfront
  • West Facing Home
  • Partially Fenced Property
  • Sprinkler System

Parking

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

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Kitchen Island
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Outdoor Pool

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • The owner pays for exterior maintenance, gas, grounds care, heat, HVAC maintenance, hot water, insurance, janitorial service, management, pest control, pool maintenance, roof maintenance, snow removal, sewer, taxes, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 312-08-398

Community Details

Overview

  • High-Rise Condominium
  • Meridian Condo Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,850

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • PetsAllowed: No
  • Owner Pays: Exterior Maintenance, Gas, Grounds Care, Heat, HVAC Maintenance, Hot Water, Insurance, Janitorial Service, Management, Pest Control, Pool Maintenance, Roof Maintenance, Snow Removal, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Telephone
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Property Subtype: Condominium
  • Year Built: 1974
  • Attribution Contact: 216-513-7497 leslieworsech@sbcglobal.net
  • ResoPoolFeatures: Heated, Indoor, In Ground, Outdoor Pool, Community
  • Subdivision Name: Meridian Condo
  • Above Grade Finished Sq Ft: 932.0
  • Architectural Style: High Rise, Ranch
  • Carport Y N: No
  • Entry Level: 908
  • Garage Yn: Yes
  • Reso Interior Features: Kitchen Island, Pantry
  • Unit Levels: One
  • Reso Property Condition: Updated/Remodeled
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Common Basement, Partially Finished, Storage Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony, Dog Run, Gas Grill, Sprinkler/Irrigation
  • Fencing: Partial
  • Pool Private: Yes
  • Waterfront: Yes
  • Direction Faces: West
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Drain, Electricity, Garage, Garage Door Opener, Water Available

Utilities

  • LaundryFeatures: Common Area, Main Level, Laundry Room, Laundry Tub, Sink
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Fitness Center, Laundry Facilities, Pool, Racquetball

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 312-08-398
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 2, 2024
Sold by
Baker Todd Allen and Young Robyn E
Bought by
Bissmeyer Scott D and Hernandez Clotivel
Seller's Agent
Leslie Worsech
Worsech Real Estate Services
Buyer's Agent
Shannon Sashko
Deleted Agent
Sold Price
$160,000
Views
17
Current Estimated Value
$171,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,870
Avg. Annual Appreciation
6.36%
Original Mortgage
$117,750
Outstanding Balance
$116,415
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$55,455

Purchase Details

Closed on
Sep 9, 2022
Sold by
Baker Todd Allen and Baker Robyn E
Bought by
Baker Todd Allen and Young Robyn E

Purchase Details

Closed on
Jun 14, 2018
Sold by
Baker Todd
Bought by
Baker Todd Allen

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 21, 2018
Sold by
Conroy Robert J
Bought by
Baker Todd
Seller's Agent
Amy McMahon
Howard Hanna
Buyer's Agent
Brian Salem
EXP Realty, LLC.
List Price
$84,900
Sold Price
$82,500
Premium/Discount to List
-$2,400
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$66,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1998
Sold by
Conroy Robert J
Bought by
Robert J Conroy Revocable Living Trust

Purchase Details

Closed on
Oct 31, 1989
Sold by
Deeter Walter J
Bought by
Conroy Robert J

Purchase Details

Closed on
Oct 3, 1985
Sold by
Hunter Amy E
Bought by
Deeter Walter J

Purchase Details

Closed on
Jul 3, 1978
Sold by
Sperber Silvio B
Bought by
Hunter Amy E

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
Bissmeyer Scott D $160,000 Infinity Title
Baker Todd Allen -- Northern Title
Baker Todd Allen -- None Available
Baker Todd $82,500 Cleveland Home Title
Robert J Conroy Revocable Living Trust -- --
Conroy Robert J $62,000 --
Deeter Walter J $59,000 --
Hunter Amy E $57,500 --
Sperber Silvio B $47,500 --
Transcon Bldrs Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bissmeyer Scott D $117,750
Previous Owner Baker Todd $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2024 08/10/24 Under Contract -- -- --
08/09/2024 08/09/24 Sold $160,000 0.0% $172 / Sq Ft View Prior Sale
08/09/2024 08/09/24 Rented $160,000 0.0% --
07/19/2024 07/19/24 Pending -- -- --
07/07/2024 07/07/24 Price Changed $167,500 0.0% $180 / Sq Ft
07/02/2024 07/02/24 For Rent $1,645 0.0% --
04/29/2024 04/29/24 For Sale $175,000 +112.1% $188 / Sq Ft
03/23/2018 03/23/18 Sold $82,500 -2.8% $89 / Sq Ft View Prior Sale
02/19/2018 02/19/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $84,900 -- $91 / 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 $2,850 $42,560 $2,905 $39,655
2023 $2,283 $28,880 $3,850 $25,030
2022 $2,297 $28,875 $3,850 $25,025
2021 $2,275 $28,880 $3,850 $25,030
2020 $2,585 $28,880 $3,820 $25,060
2019 $2,537 $82,500 $10,900 $71,600
2018 $2,469 $28,880 $3,820 $25,060
2017 $2,574 $26,290 $3,010 $23,280
2016 $2,406 $26,290 $3,010 $23,280
2015 $2,406 $26,290 $3,010 $23,280
2014 $2,177 $22,860 $2,630 $20,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5051269

MLS Now

APN: 312-08-398