NOT LISTED FOR SALE

1506 Mars Ave Lakewood, OH 44107

Estimated Value: $298,000 - $464,030

3 Beds
2.5 Baths
2,673 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $398,000 $149 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,990/month

3 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Grant Elementary School Rated A
  • 2 Car Detached Garage
  • Property is Fully Fenced

About This Home

As of March 2024

If you're looking for a beautiful colonial that has been meticulously renovated and is located on a very desirable street in Lakewood, look no further! As you walk in the front door, you'll feel right at home!! The first floor boasts new LVP flooring throughout the living room with fireplace, the dining room large enough for all your family gatherings and a beautifully opened up and updated kitchen with new cabinetry, countertops, center island and newer stainless steel appliances. The second floor boasts 2 bedrooms and a bonus room/office with all new carpeting. The full bath has been completely remodeled and has a tub/shower combo and ceramic floors. The primary bedroom is located on the third floor and offers a full, brand new ensuite bath. Other updates include all new windows, window treatments, all new electrical and plumbing throughout, freshly painted throughout, new lighting and ceiling fans, hot water tank, new concrete driveway and walkway, gutters and new wood fence with gates. To compliment all of the updates, some of the original character of the house was kept, including the trim work, stair railings and exterior doors to keep some of the old charm. Enjoy walking to parks, schools, libraries and all the entertainment Lakewood has to offer. Call your favorite realtor to see this gem before it's gone!

Last Agent to Sell the Property

Valarie Fendrick

Howard Hanna License #2016004413 Listed on: 01/25/2024

Howard Hanna

Last Buyer's Agent

Troy Bratz

Keller Williams Elevate License #2016001418

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1907

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Gas Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Mars E Wagars Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 314-02-097

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,498

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1907
  • Subdivision Name: Mars E Wagars
  • Above Grade Finished Sq Ft: 1975.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished, Sump Pump
  • Basement: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 698.0
  • Fireplace Features: Gas

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full, Wood
  • Acres: 0.163
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 314-02-097
  • LandLeaseYN: No
  • Lot Dimensions: 50x142
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5498.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 11, 2024
Sold by
Digiacomo Anthony M and Digiacomo Hannah
Bought by
Ogilby Christopher Robert and Ogilby Rachel Carter
Seller's Agent
Valarie Fendrick
Howard Hanna
Buyer's Agent
Troy Bratz
Keller Williams Elevate
List Price
$394,900
Sold Price
$398,000
Premium/Discount to List
$3,100
0.79%
Views
32
Current Estimated Value
$410,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,148
Avg. Annual Appreciation
0.71%
Original Mortgage
$318,400
Outstanding Balance
$313,772
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$88,236

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 25, 2023
Sold by
E Home Designs Llc
Bought by
Digiacomo Anthony M and Digiacomo Hannah
Seller's Agent
Rachele Glynias
Howard Hanna
Buyer's Agent
Valarie Fendrick
Howard Hanna
List Price
$385,000
Sold Price
$388,500
Premium/Discount to List
$3,500
0.91%
Views
145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$329,487
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 15, 2021
Sold by
Sharon Goodman
Bought by
E Home Designs Llc
Seller's Agent
John Lucien
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Judy Ellis
Howard Hanna
List Price
$194,500
Sold Price
$165,000
Premium/Discount to List
-$29,500
-15.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.49%
Original Mortgage
$185,147
Interest Rate
3.09%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 24, 1999
Sold by
Burns Charles M and Burns Genelia
Bought by
Burns Charles M and Burns Genelia

Purchase Details

Closed on
Jan 1, 1975
Bought by
Burns Charles M and Burns Genelia
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
Ogilby Christopher Robert $398,000 Erie Title
Digiacomo Anthony M $388,500 Erie Title
E Home Designs Llc $165,000 Guardian Title
Burns Charles M -- --
Burns Charles M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogilby Christopher Robert $318,400
Previous Owner Digiacomo Anthony M $329,487
Previous Owner E Home Designs Llc $185,147
Previous Owner E Home Designs Llc $70,000
Previous Owner Burns Genelia $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $398,000 +0.8% $149 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $394,900 +1.6% $148 / Sq Ft
08/30/2023 08/30/23 Sold $388,500 +0.9% $160 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $385,000 +133.3% $159 / Sq Ft
12/16/2021 12/16/21 Sold $165,000 -15.2% $115 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $194,500 -- $136 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $8,931 $135,975 $23,940 $112,035
2023 $5,498 $71,650 $18,270 $53,380
2022 $5,534 $71,650 $18,270 $53,380
2021 $4,703 $71,650 $18,270 $53,380
2020 $4,003 $55,550 $14,180 $41,370
2019 $3,923 $158,700 $40,500 $118,200
2018 $3,551 $55,550 $14,180 $41,370
2017 $3,206 $43,540 $10,920 $32,620
2016 $3,184 $43,540 $10,920 $32,620
2015 $3,153 $43,540 $10,920 $32,620
2014 $3,153 $41,860 $10,500 $31,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5013464

MLS Now (Howard Hanna)

APN: 314-02-097