NOT LISTED FOR SALE

1264 Summit Ave Lakewood, OH 44107

Estimated Value: $311,000 - $368,990

3 Beds
1.5 Baths
1,430 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $165,000 $115 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,399/month

10 Days on Market

Highlights

  • 0.28 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Lincoln Elementary School Rated A
  • Deck
  • 2 Car Detached Garage

About This Home

As of May 2019

Welcome to 1264 Summit, located in Central LKWD and nestled on a rare 240 foot deep lot. The home has lots of charm and beautiful wood built-in features. High coved ceilings in the living and dining rooms. Relaxing gas fireplace with a nice wood mantel. Formal dining room with wood cabinet. Large kitchen with plenty of cabinet space. Three bedrooms and a study/office room on the second. Classic LKWD front porch and rear deck. There is a stone patio and a pond. Updated windows and glass block in the basement. Attic has room for storage. Your decorating touch and personal remodeling will make this shine. Close proximity to all of downtown LKWD and CLE. LOCATION, LOCATION, LOCATION.

Last Agent to Sell the Property

John Craighead

Howard Hanna License #338631 Listed on: 04/01/2019

Howard Hanna

Last Buyer's Agent

Michael Della Vella

Howard Hanna License #433561

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,783

Year Built

  • Built in 1906

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 50x241
  • East Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 311-32-111

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,783

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: East
  • Price Per Square Foot: 115.38
  • Estimated Price per Sq Ft: 115.38
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1430
  • Year Built: 1906
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1906

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Unfinished
  • Sq Ft Approx Above Grade Finished: 1430.00
  • Sq Ft Approx Total Finished: 1430.00

Exterior Features

  • Exterior Features: Deck, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Fireplace-Gas, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Dimensions: 50x241
  • Lot Size Units: Acres
  • Acres: 0.2800
  • Parcel Number: 311-32-111

Tax Info

  • Tax: 3783

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
May 9, 2019
Sold by
Bruaw Monica M and Wolters David M
Bought by
Pakkala Jonathan
Seller's Agent
John Craighead
Howard Hanna
Buyer's Agent
Michael Della Vella
Howard Hanna
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
$338,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,748
Avg. Annual Appreciation
11.76%
Original Mortgage
$156,750
Outstanding Balance
$137,252
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$201,496

Purchase Details

Closed on
Aug 19, 1998
Sold by
Wolters Olga
Bought by
Wolters Olga

Purchase Details

Closed on
Jun 17, 1993
Sold by
Wolters David E
Bought by
Wolters Olga

Purchase Details

Closed on
Apr 30, 1979
Sold by
Ziegler Elsie D
Bought by
Wolters David E

Purchase Details

Closed on
Jan 1, 1975
Bought by
Ziegler Elsie D
Source: Public Records

Range of Values:

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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
Pakkala Jonathan $165,000 Cleveland Home Title
Wolters Olga -- --
Wolters Olga -- --
Wolters David E $45,800 --
Ziegler Elsie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pakkala Jonathan $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $165,000 -8.3% $115 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $179,900 -- $126 / 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 $7,358 $114,555 $26,425 $88,130
2023 $5,921 $78,890 $23,310 $55,580
2022 $5,959 $78,890 $23,310 $55,580
2021 $5,898 $78,890 $23,310 $55,580
2020 $5,230 $61,150 $18,060 $43,090
2019 $4,325 $174,700 $51,600 $123,100
2018 $3,838 $61,150 $18,060 $43,090
2017 $3,384 $45,470 $14,490 $30,980
2016 $3,360 $45,470 $14,490 $30,980
2015 $3,104 $45,470 $14,490 $30,980
2014 $3,104 $41,340 $13,160 $28,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4082160

MLS Now

APN: 311-32-111