NOT LISTED FOR SALE

14406 Madison Ave Lakewood, OH 44107

Estimated Value: $248,897

6 Beds
3 Baths
2,906 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $102,500 $35 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,558/month

425 Days on Market

Highlights

  • City View
  • Roosevelt Elementary School Rated A-
  • 2 Car Detached Garage

About This Home

As of April 2014

Income producing property with updated Electric Circuit Brkrs*Hot Water Heat*Appls Stay*W.Side Is Original W/Leaded Glass Window-bookcases & Window Seat*E.Side Is Updated W/Sunroom/2nd Floor Could Be In-law Suite*Home Zoned Both Commercial & Residential. 2 car detached garage w/workshop. East side updated with sun room. East side 2nd floor could be in-law suite. All appliances stay in both units. Walk-out basement.

Last Agent to Sell the Property

Melissa Salem

Russell Real Estate Services License #2012002176 Listed on: 11/29/2012

Russell Real Estate Services

Last Buyer's Agent

Twila Lukavich

Deleted Agent License #2009003273

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,906 Sq Ft Home
  • 2-Story Property
  • City Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Radiator
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 314-09-047

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 35.27
  • Total Sq Ft: 2906
  • Year Built: 1919
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2906

Exterior Features

  • View: City View
  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Gas
  • Heating Type: Radiators
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Size Area Sq Ft: 8712.0000
  • Lot Size Units: Acres
  • Price Per Acre: 575000.00
  • Acres: 0.2000
  • Parcel Number: 314-09-047

Multi Family

  • Unit Count: 2
  • Gross Income: 1700.00
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 4457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2014
Sold by
Broestl Jeffery and Broestl Maureen M
Bought by
J W Broestl Llc
Current Estimated Value
$248,897

Purchase Details

Listed on
Nov 29, 2012
Closed on
Mar 27, 2014
Sold by
Ghazoul Walid D
Bought by
Broestl Jeffery
Seller's Agent
Melissa Salem
Russell Real Estate Services
Buyer's Agent
Twila Lukavich
Deleted Agent
List Price
$138,900
Sold Price
$102,500
Premium/Discount to List
-$36,400
-26.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Nov 29, 2011
Sold by
Wallis & Broestl Ltd
Bought by
J W Broestl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2002
Sold by
Walter Margaret E and Walter Ralph
Bought by
Ghazoul Walid D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2000
Sold by
Aldorm Family Ltd Partnership
Bought by
Wallis & Broestl Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2000
Sold by
M & M Invest Co
Bought by
Aldorm Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.77%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 1983
Sold by
Margaret E Walter
Bought by
Walter Margaret E

Purchase Details

Closed on
Oct 14, 1981
Sold by
Maier Caroline
Bought by
Walter Margaret E

Purchase Details

Closed on
Jan 1, 1975
Bought by
Maier Caroline
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
J W Broestl Llc -- Attorney
Broestl Jeffery $105,000 Cleveland Home Title
J W Broestl Llc $210,000 Chicago Title Insurance Co
Ghazoul Walid D $142,000 Enterprise Title
Wallis & Broestl Ltd $222,000 Chicago Title Insurance Comp
Aldorm Family Ltd Partnership -- --
Walter Margaret E $23,700 --
Margaret E Walter $23,700 --
Walter Margaret E -- --
Maier Caroline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J W Broestl Llc $160,000
Previous Owner Ghazoul Walid D $100,000
Previous Owner Wallis & Broestl Ltd $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $102,500 -26.2% $35 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
11/29/2012 11/29/12 For Sale $138,900 -- $48 / 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 $9,628 $97,930 $34,790 $63,140
2023 $10,004 $92,370 $36,890 $55,480
2022 $10,072 $92,365 $36,890 $55,475
2021 $10,072 $263,900 $105,400 $158,500
2020 $10,212 $87,120 $34,790 $52,330
2019 $11,915 $248,900 $99,400 $149,500
2018 $11,911 $87,120 $34,790 $52,330
2017 $14,982 $120,090 $46,380 $73,710
2016 $13,802 $110,470 $46,380 $64,090
2015 $4,939 $82,990 $43,580 $39,410
2014 $4,939 $51,350 $11,940 $39,410
Source: Public Records

Agents Affiliated with this Home

  • Melissa Salem

    Seller's Agent in 2014

    Melissa Salem

    Russell Real Estate Services

    (440) 714-1997

    2 in this area

    87 Total Sales

    Melissa Salem
    Section Image

  • T

    Buyer's Agent in 2014

    Twila Lukavich

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 3368309

MLS Now

APN: 314-09-047

Ohio Cuyahoga County Lakewood 44107

14406 Madison Ave, Lakewood, OH

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