NOT LISTED FOR SALE

1493 Coutant Ave Lakewood, OH 44107

8 Beds
4 Baths
3,968 Sq Ft
5,854 Sq Ft Lot

Last Sold December 06, 2023

Last sale price $435,000 $110 Per Sq Ft

6 Days on Market

Highlights

  • Forced Air Heating System
  • Harrison Elementary School Rated A-
  • Wood Siding

About This Home

As of December 2023

RARE opportunity to own a coveted four-unit building in Lakewood. Three units are occupied. One is vacant. Take advantage of recent lending changes with only 5% down required for owner-occupied multi-family buildings. Brick exterior, individual balconies/porches, laundry hookup for each unit, plus vinyl windows and newer electric panels. Rubber roofing. Close proximity to downtown, the lake, beach, highway, transit, and trendy restaurants makes this the ideal location. Bump up rents to market-rate and cash flow on this quad.

Last Agent to Sell the Property

Jayme Kostelnik

Keller Williams Greater Metropolitan Brokerage Email: (216) 839-5500 klrw297@kw.com License #2020005577 Listed on: 10/19/2023

Keller Williams Greater Metropolitan

Co-Listed By

Edward Golden

Keller Williams Greater Metropolitan Brokerage Email: (216) 839-5500 klrw297@kw.com License #2012000406

Last Buyer's Agent

Zee Sukalic

EXP Realty, LLC. License #2013004099

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 5,854 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 3,968 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Townsend Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 315-14-041

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1917
  • Attribution Contact: (216) 839-5500 klrw297@kw.com
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 2146
  • Co List Office Phone: 216-839-5500
  • Subdivision Name: Townsend
  • Above Grade Finished Sq Ft: 3968.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Common Basement, Full, Unfinished
  • Basement: Yes
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Flat, Rubber
  • Acres: 0.1344
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Parking Lot

Utilities

  • LaundryFeatures: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lakewood CSD (Cuyahoga)- 1817

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 315-14-041
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 12442.0

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2023 12/06/23 Sold $435,000 -0.9% $110 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $439,000 +8.4% $111 / Sq Ft
05/13/2022 05/13/22 Sold $405,000 +8.0% $102 / Sq Ft View Prior Sale
03/18/2022 03/18/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $374,900 +15.0% $94 / Sq Ft
12/22/2020 12/22/20 Sold $326,000 -3.8% $55 / Sq Ft View Prior Sale
11/04/2020 11/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $339,000 -- $57 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jayme Kostelnik

    Seller's Agent in 2023

    Jayme Kostelnik

    Keller Williams Greater Metropolitan

    (216) 209-3136

    2 in this area

    56 Total Sales

    Jayme Kostelnik
    Section Image
  • Edward Golden

    Seller Co-Listing Agent in 2023

    Edward Golden

    Keller Williams Greater Metropolitan

    (440) 821-7985

    22 in this area

    474 Total Sales

    Edward Golden
    Section Image
  • Zee Sukalic

    Buyer's Agent in 2023

    Zee Sukalic

    EXP Realty, LLC.

    (216) 235-6125

    9 in this area

    62 Total Sales

    Zee Sukalic
    Section Image
  • Terry Young

    Seller's Agent in 2022

    Terry Young

    Keller Williams Greater Metropolitan

    (216) 378-9618

    33 in this area

    1,531 Total Sales

    Terry Young
    Section Image
  • Erin Dorsey Robinson

    Buyer's Agent in 2022

    Erin Dorsey Robinson

    EXP Realty, LLC.

    (216) 202-6262

    3 in this area

    101 Total Sales

    Erin Dorsey Robinson
    Section Image
  • Dwight Robinson

    Buyer Co-Listing Agent in 2022

    Dwight Robinson

    EXP Realty, LLC.

    (216) 244-4434

    3 in this area

    97 Total Sales

    Dwight Robinson
    Section Image
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Map

Source: MLS Now

MLS Number: 4497517

MLS Now
Ohio Cuyahoga County Lakewood 44107

1493 Coutant Ave, Lakewood, OH

This home is located at 1493 Coutant Ave, Lakewood, OH 44107 since 19 October 2023. This property was built in 1917. 1493 Coutant Ave is a home located in Cuyahoga County with nearby schools including Harrison Elementary School, Garfield Middle School, and Lakewood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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