NOT LISTED FOR SALE

1475 Clarence Ave Lakewood, OH 44107

Estimated Value: $383,000 - $458,000

3 Beds
1.5 Baths
2,326 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $160,000 $69 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,862/month

Highlights

  • Home Security System
  • Harrison Elementary School Rated A-
  • Central Air

About This Home

As of July 2016

Republican National Convention Rental Only-NOT FOR SALE. Great location, just 10 min to Downtown Cleveland, the "Q" Arena and Convention Center. Close to Public Transportation, local restaurants, nightlife, Lakewood Park and shopping. Beautiful, home with updated kitchen and baths! Spacious living room, Dining room and bedrooms! Relax on the large front porch or back deck. Continental breakfast included! Off street parking. Security deposit required. NO Smoking and NO Pets. Multiple homes in the same area available for large groups! Call for more information or to book your reservation.

Last Agent to Rent the Property

David Petrella

Howard Hanna License #423538 Listed on: 05/04/2016

Howard Hanna

Co-Listed By

Ovi Ghosh

Howard Hanna License #2014000764

Howard Hanna

Last Renter's Agent

Ovi Ghosh

Howard Hanna License #2014000764

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,535

Year Built

  • Built in 1899

Lot Details

  • 7,401 Sq Ft Lot

Parking

  • 3 Off-Street Spaces

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Home Security System

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Clarence Ave Allotment/E Nicho Community

Listing and Financial Details

  • Assessor Parcel Number 315-07-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,535

Year Built

Built in 1899

Lot Details

0

Rental Info

  • PetsAllowed: No
  • Dateto Occupy: Negotiable
  • Furnished: Yes
  • Lease Terms: Republican National Convention

Listing Details

  • Property Type: Rental
  • Property Subtype: Single Family
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1899
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1899

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Security System, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 6
  • Living Area Sq Ft: 2326
  • Estimated Total Living Area: 2326

Garage/Parking

  • Off Street Parking Num Of: 3

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Clarence Ave Allotment/E Nicho

Schools

  • School District: Lakewood LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1699
  • Parcel Number: 315-07-021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Mar 14, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rimke Mary Jo
Seller's Agent
Paul Kleinhenz
Fathom Realty
Buyer's Agent
David Petrella
Howard Hanna
List Price
$189,900
Sold Price
$160,000
Premium/Discount to List
-$29,900
-15.75%
Current Estimated Value
$426,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,807
Avg. Annual Appreciation
8.81%
Original Mortgage
$152,000
Outstanding Balance
$114,771
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$312,036

Purchase Details

Closed on
Apr 23, 2013
Sold by
Mihalski Louis N and Mihalski Omayra
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 17, 1998
Sold by
Sobie Pamela L and Conway Ethel H
Bought by
Mihalski Louis S and Mihalski Omayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
10%

Purchase Details

Closed on
Jan 1, 1975
Bought by
Conway Ethel H
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
Rimke Mary Jo -- Allodial
Federal Home Loan Mortgage Corporation $150,000 None Available
Mihalski Louis S $95,000 --
Conway Ethel H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rimke Mary Jo $152,000
Previous Owner Mihalski Louis S $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2016 07/16/16 Rented $5,500 -21.4% --
07/06/2016 07/06/16 Under Contract -- -- --
05/04/2016 05/04/16 For Rent $7,000 0.0% --
03/21/2014 03/21/14 Sold $160,000 -15.7% $69 / Sq Ft View Prior Sale
01/28/2014 01/28/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $189,900 -- $82 / 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 $7,535 $114,730 $23,870 $90,860
2023 $6,390 $83,270 $19,180 $64,090
2022 $6,432 $83,270 $19,180 $64,090
2021 $6,370 $83,270 $19,180 $64,090
2020 $5,649 $64,540 $14,880 $49,670
2019 $5,545 $184,400 $42,500 $141,900
2018 $5,098 $64,540 $14,880 $49,670
2017 $4,690 $49,630 $11,340 $38,290
2016 $4,658 $49,630 $11,340 $38,290
2015 $4,661 $49,630 $11,340 $38,290
2014 $4,661 $47,710 $10,920 $36,790
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2016

    David Petrella

    Howard Hanna

    (440) 341-4663

    3 in this area

    89 Total Sales

    David Petrella
    Section Image
  • Ovi Ghosh

    Landlord's Co-Listing Agent in 2016

    Ovi Ghosh

    Howard Hanna

    (440) 826-9318

    3 in this area

    95 Total Sales

    Ovi Ghosh
    Section Image
  • Paul Kleinhenz

    Seller's Agent in 2014

    Paul Kleinhenz

    Fathom Realty

    (440) 570-6152

    13 Total Sales

    Paul Kleinhenz
    Section Image
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Map

Source: MLS Now

MLS Number: 3805926

MLS Now

APN: 315-07-021

Ohio Cuyahoga County Lakewood 44107

1475 Clarence Ave, Lakewood, OH

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