NOT LISTED FOR SALE

1322 Thoreau Rd Lakewood, OH 44107

Estimated Value: $217,633 - $307,000

3 Beds
1.5 Baths
1,296 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $118,921 $92 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,745/month

97 Days on Market

Highlights

  • Cape Cod Architecture
  • Central Air
  • 1-minute walk to Cove Park
  • Emerson Elementary School Rated A-
  • Heating System Uses Steam

About This Home

As of November 2020

Attention investors! This house just needs a little bit of TLC & it'll be a cash flow machine. Email agent for market rent estimate & video tour along with complete investment analysis, drone footage of the roof & surrounding neighborhood as well as information on the mechanical systems of the building & needed repairs. Professional property management & construction services available. Local & out of state investors welcome!

Last Agent to Sell the Property

James Wise

The Holton-Wise Property Group LLC License #2015001161 Listed on: 02/24/2020

Last Buyer's Agent

Mary Therese Palange

ERA Real Solutions Realty License #2007002176

ERA Real Solutions Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1898

Lot Details

  • 4,522

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Central Air
  • Heating System Uses Steam

Additional Features

  • 1.5-Story Property
  • 4,522 Sq Ft Lot

Community Details

  • Rockport Sec 21 Community

Listing and Financial Details

  • Assessor Parcel Number 312-31-078

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,532

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Year Built: 1898
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1898

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Central Air
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Rockport Sec 21

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1038
  • Parcel Number: 312-31-078

Tax Info

  • Tax: 2532

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Nov 12, 2020
Sold by
Elkovitch Mark
Bought by
Madden Zachary J
Seller's Agent
James Wise
The Holton-Wise Property Group LLC
Buyer's Agent
Mary Therese Palange
ERA Real Solutions Realty
List Price
$134,900
Sold Price
$118,921
Premium/Discount to List
-$15,979
-11.85%
Current Estimated Value
$257,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,737
Avg. Annual Appreciation
16.87%
Original Mortgage
$112,917
Outstanding Balance
$101,393
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$156,265

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jul 27, 2018
Sold by
Farooq Omar I and Howard Ashleigh L
Bought by
Elkovitch Mark
Seller's Agent
Laird Wynn
Cleveland Property Management Group, LLC.
Buyer's Agent
Dave Lyons
Coldwell Banker Schmidt Realty
List Price
$125,000
Sold Price
$108,500
Premium/Discount to List
-$16,500
-13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$92,225
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2016
Sold by
Kerver Brett J
Bought by
Farooq Omar I and Howard Ashleigh L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2014
Sold by
Feser Thomas and Fese Donna M
Bought by
Kerver Brett J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
2.89%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 9, 2008
Sold by
Fannie Mae
Bought by
Feser Thomas

Purchase Details

Closed on
Jul 18, 2007
Sold by
Twiggs David J and Twiggs Donna M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 14, 1977
Sold by
Decesare Gregory and Decesare Ruth
Bought by
Twiggs David J

Purchase Details

Closed on
Jan 1, 1975
Bought by
Decesare Gregory and Decesare Ruth
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
Madden Zachary J $115,000 Cleveland Home Title
Elkovitch Mark $108,500 Cleveland Home Title
Farooq Omar I $75,000 Ohio Real Title
Kerver Brett J $42,500 Northern Title Agency In
Feser Thomas $19,500 Phoenix Title Agency
Federal National Mortgage Association $56,667 Attorney
Twiggs David J $25,000 --
Decesare Gregory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madden Zachary J $112,917
Previous Owner Elkovitch Mark $92,225
Previous Owner Farooq Omar I $60,000
Previous Owner Kerver Brett J $38,250
Previous Owner Twiggs David J $7,495
Previous Owner Twiggs David J $10,252
Previous Owner Twiggs David J $82,400
Previous Owner Twiggs David J $73,824
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2020 11/13/20 Sold $118,921 0.0% $92 / Sq Ft
06/24/2020 06/24/20 Off Market $118,921 -- --
06/24/2020 06/24/20 Pending -- -- --
05/28/2020 05/28/20 Price Changed $114,900 -4.2% $89 / Sq Ft
04/04/2020 04/04/20 Price Changed $119,900 -11.1% $93 / Sq Ft
03/18/2020 03/18/20 For Sale $134,900 +13.4% $104 / Sq Ft
02/24/2020 02/24/20 Off Market $118,921 -- --
07/31/2018 07/31/18 Sold $108,500 -8.8% $84 / Sq Ft View Prior Sale
06/28/2018 06/28/18 Pending -- -- --
05/01/2018 05/01/18 Price Changed $119,000 -4.8% $92 / Sq Ft
04/09/2018 04/09/18 For Sale $125,000 +66.7% $96 / Sq Ft
08/03/2016 08/03/16 Sold $75,000 -6.1% $58 / Sq Ft View Prior Sale
06/28/2016 06/28/16 Pending -- -- --
10/23/2015 10/23/15 For Sale $79,900 -- $62 / 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 $4,681 $72,870 $16,905 $55,965
2023 $2,853 $38,010 $13,510 $24,500
2022 $2,871 $38,010 $13,510 $24,500
2021 $2,842 $38,010 $13,510 $24,500
2020 $2,580 $29,470 $10,470 $19,010
2019 $2,532 $84,200 $29,900 $54,300
2018 $1,948 $29,470 $10,470 $19,010
2017 $1,377 $14,570 $8,020 $6,550
2016 $1,368 $14,570 $8,020 $6,550
2015 $1,368 $14,570 $8,020 $6,550
2014 $1,368 $14,000 $7,700 $6,300
Source: Public Records

Agents Affiliated with this Home

  • James Wise

    Seller's Agent in 2020

    James Wise

    The Holton-Wise Property Group LLC

    (216) 661-6633

    6 in this area

    377 Total Sales

    James Wise
    Section Image

  • M

    Buyer's Agent in 2020

    Mary Therese Palange

    ERA Real Solutions Realty

    (216) 407-7925

    3 in this area

    22 Total Sales

    Mary Therese Palange
    Section Image
  • Laird Wynn

    Seller's Agent in 2018

    Laird Wynn

    Cleveland Property Management Group, LLC.

    (216) 223-8415

    190 Total Sales

    Laird Wynn
    Section Image

  • D

    Buyer's Agent in 2018

    Dave Lyons

    Coldwell Banker Schmidt Realty

    (440) 396-4381

    4 in this area

    19 Total Sales

    Dave Lyons
    Section Image
  • Derek Walkush

    Seller's Agent in 2016

    Derek Walkush

    Realty Revolution, Inc.

    (440) 666-4232

    75 Total Sales

    Derek Walkush
    Section Image

  • R

    Buyer's Agent in 2016

    Ronald Sales

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4169939

MLS Now

APN: 312-31-078

Ohio Cuyahoga County Lakewood 44107

1322 Thoreau Rd, Lakewood, OH

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