NOT LISTED FOR SALE

1506 Lakeland Ave Lakewood, OH 44107

Estimated Value: $194,000 - $324,000

2 Beds
1 Bath
1,169 Sq Ft
$216/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $123,500 $106 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,716/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Patio
  • Grant Elementary School Rated A
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of March 2016

Welcome home to the charming 2 bedroom on Lakeland. This home features updates galore including, windows, siding, new foundation, a/c, and an updated kitchen to name a few. Fresh hardwood floors through out the first floor and in both bedrooms. First floor offers abundant living space with a formal dining room, large family room, kitchen, and sunroom. The open and airy stairway has new carpet. Second story features 2 large bedrooms with spacious closets and a freshly updated full bathroom. The basement is like new and houses the washer/dryer and is great for storage. Outdoors will be enjoyed with the newer one car garage, front patio, and back patio space and lawn treatments that are paid through the end of 2016 . Don't miss out on this charming home, conveniently located in central Lakewood.

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 02/12/2016

Keller Williams Citywide

Last Buyer's Agent

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 02/12/2016

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • 4,482 Sq Ft Lot
  • Lot Dimensions are 40x112
  • Wood Fence
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,169 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Wagar Community

Listing and Financial Details

  • Assessor Parcel Number 313-26-048

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Price Per Square Foot: 105.65
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1169
  • Year Built: 1906
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1906

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Detail: Full, Unfinished
  • Estimated Sq Ft: 1169

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio, Porch
  • Fences: Chain Link, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Wagar

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Dimensions: 40x112
  • Lot Size Units: Acres
  • Acres: 0.1029
  • Parcel Number: 313-26-048

Tax Info

  • Tax: 3854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Mar 18, 2016
Sold by
Adkins Julie L
Bought by
Wellen Laura M
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$115,000
Sold Price
$123,500
Premium/Discount to List
$8,500
7.39%
Current Estimated Value
$253,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,564
Avg. Annual Appreciation
7.76%
Original Mortgage
$117,325
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1994
Sold by
Boross Christopher R
Bought by
Adkins Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
8.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 1986
Sold by
Fink James G and Mary Ellen
Bought by
Boross Christopher R

Purchase Details

Closed on
May 9, 1983
Sold by
Nemitz Joanne
Bought by
Fink James G and Mary Ellen

Purchase Details

Closed on
Aug 20, 1981
Sold by
Bailey Marion
Bought by
Nemitz Joanne

Purchase Details

Closed on
Apr 28, 1981
Sold by
Sorensen Gertrude
Bought by
Bailey Marion

Purchase Details

Closed on
Jan 1, 1975
Bought by
Sorensen Gertrude
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Wellen Laura M $123,500 Ohio Real Title
Adkins Julie L $84,000 --
Boross Christopher R $51,500 --
Fink James G $45,000 --
Nemitz Joanne $31,000 --
Bailey Marion -- --
Sorensen Gertrude -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wellen Laura M $117,325
Previous Owner Adkins Julie L $79,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2016 03/24/16 Sold $123,500 +7.4% $106 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $115,000 -- $98 / 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 $4,606 $71,715 $18,970 $52,745
2023 $4,282 $57,050 $14,490 $42,560
2022 $4,309 $57,050 $14,490 $42,560
2021 $4,265 $57,050 $14,490 $42,560
2020 $3,785 $44,240 $11,240 $33,010
2019 $3,710 $126,400 $32,100 $94,300
2018 $3,779 $44,240 $11,240 $33,010
2017 $3,880 $42,110 $8,680 $33,430
2016 $3,854 $42,110 $8,680 $33,430
2015 $3,854 $42,110 $8,680 $33,430
2014 $3,857 $40,500 $8,330 $32,170
Source: Public Records

Agents Affiliated with this Home

  • Greg Erlanger

    Seller's Agent in 2016

    Greg Erlanger

    Keller Williams Citywide

    (216) 570-3270

    167 in this area

    3,758 Total Sales

    Greg Erlanger
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Map

Source: MLS Now

MLS Number: 3780694

MLS Now

APN: 313-26-048

Ohio Cuyahoga County Lakewood 44107

1506 Lakeland Ave, Lakewood, OH

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