NOT LISTED FOR SALE

12586 Lake Ave Lakewood, OH 44107

Estimated Value: $835,000 - $1,380,000

5 Beds
5 Baths
3,640 Sq Ft
$273/Sq Ft Est. Value

About This Home

This home is located at 12586 Lake Ave, Lakewood, OH 44107 and is currently estimated at $994,863, approximately $273 per square foot. 12586 Lake Ave is a home located in Cuyahoga County with nearby schools including Emerson Elementary School, Garfield Middle School, and Lakewood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2013
Sold by
Gurbach Thomas M
Bought by
Gurbach Thomas M and Gurbach Amy
Current Estimated Value
$994,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
3.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 11, 2011
Sold by
Ritter Jeffrey M and Pedro Joseph P
Bought by
Gurbach Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2005
Sold by
Schutz Builders Inc
Bought by
Ritter Jeffrey M and Pedro Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,650
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2005
Sold by
Asmus Mary Lou
Bought by
Schultz Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1992
Sold by
Asmus Richard W
Bought by
Asmus Mary Lou

Purchase Details

Closed on
Jan 6, 1978
Bought by
Asmus Richard W

Purchase Details

Closed on
Jan 1, 1975
Bought by
Ray Ann Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Gurbach Thomas M -- New Market Title
Gurbach Thomas M $450,000 New Market Title
Ritter Jeffrey M $465,000 Chicago Title Insurance C
Schultz Builders Inc $260,000 Chicago Title Insurance C
Asmus Mary Lou -- --
Asmus Richard W $88,500 --
Ray Ann Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurbach Thomas M $109,000
Open Gurbach Thomas M $375,000
Closed Gurbach Thomas M $53,600
Closed Gurbach Thomas M $359,000
Closed Gurbach Thomas M $360,000
Previous Owner Ritter Jeffrey M $344,000
Previous Owner Ritter Jeffrey M $20,000
Previous Owner Ritter Jeffrey M $58,650
Previous Owner Ritter Jeffrey M $359,650
Previous Owner Schultz Builders Inc $355,000
Previous Owner Asmus Mary Lou $140,000
Source: Public Records

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 $15,286 $238,000 $48,230 $189,770
2023 $15,894 $211,760 $41,620 $170,140
2022 $15,995 $211,750 $41,620 $170,140
2021 $16,504 $220,750 $41,620 $179,130
2020 $15,866 $185,500 $34,970 $150,540
2019 $15,552 $530,000 $99,900 $430,100
2018 $15,528 $185,500 $34,970 $150,540
2017 $13,932 $151,200 $28,630 $122,570
2016 $13,837 $151,200 $28,630 $122,570
2015 -- $151,200 $28,630 $122,570
2014 -- $151,210 $24,890 $126,320
Source: Public Records

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