NOT LISTED FOR SALE

1507 Wayne Ave Lakewood, OH 44107

Estimated Value: $282,000 - $347,000

3 Beds
1 Bath
1,462 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $275,000 $188 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,200/month

2 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Horace Mann Elementary School Rated A-

About This Home

As of March 2022

Welcome to the quintessential Lakewood home on Wayne Ave. This three bedroom beauty offers the charm of a Lakewood colonial with many updates. Enjoy a tiled foyer, refinished hardwood floors, neutral paint, vinyl windows, a spacious living room, and formal dining room with glass built-ins and beam-detailed ceiling. Upstairs is the beautifully remodeled bathroom with subway tile tub-shower. The master bedroom is extra spacious and provides enough space for a separate dressing area. Additional updates include AC (2019), newer HWT (2019), roof (2012), and an updated main electric panel (2019). Relax on your front porch and enjoy the western Lakewood lifestyle. Just down the street from the Beck Center, Salt, and Breadsmith. Ride your bike or go for a walk in the Rocky River Reservation. Snatch this one up before it's gone!

Last Agent to Sell the Property

Haley Turner

Howard Hanna License #2017004446 Listed on: 02/15/2022

Howard Hanna

Co-Listed By

Lauren McPherson

Howard Hanna License #2021006978

Last Buyer's Agent

Diane Weseloh

Keller Williams Elevate License #243241

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,964

Year Built

  • Built in 1910

Lot Details

  • 4,600 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,462 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Wayne Ave Sub/S Colahans Community

Listing and Financial Details

  • Assessor Parcel Number 311-25-062

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,964

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 188.10
  • Estimated Price per Sq Ft: 188.10
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1462
  • Year Built: 1910
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Detail: Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1462.00
  • Sq Ft Approx Total Finished: 1462.00

Exterior Features

  • 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: Wayne Ave Sub/S Colahans

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1056
  • Parcel Number: 311-25-062
  • LandLeaseYN: No

Tax Info

  • Tax: 4964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jun 10, 2019
Sold by
Burns Louis G and Burns Amy J
Bought by
Fortuna Jennifer Marie
Seller's Agent
Carolyn Bentley
Howard Hanna
Buyer's Agent
Haley Turner
Howard Hanna
List Price
$188,500
Sold Price
$180,000
Premium/Discount to List
-$8,500
-4.51%
Current Estimated Value
$320,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,367
Avg. Annual Appreciation
9.38%
Original Mortgage
$174,600
Outstanding Balance
$153,824
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$166,543

Purchase Details

Closed on
Feb 3, 2010
Sold by
King Kristina M and Bachna Gilbert A
Bought by
Burns Louis G and Burns Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2002
Sold by
Guciardo James R and Guciardo Jane L
Bought by
King Kristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.32%

Purchase Details

Closed on
Apr 3, 1985
Sold by
Guciardo James R and Guciardo Jane L
Bought by
James R Guciardo

Purchase Details

Closed on
Oct 7, 1975
Sold by
Hoffman John D and Hoffman Louise C
Bought by
Guciardo James R and Guciardo Jane L

Purchase Details

Closed on
Jan 1, 1975
Bought by
Hoffman John D and Hoffman Louise C
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
Fortuna Jennifer Marie $180,000 Barristers Title Agency
Burns Louis G $115,000 None Available
King Kristina M $110,000 Truetitle Agency Inc
James R Guciardo -- --
Guciardo James R $27,500 --
Hoffman John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortuna Jennifer Marie $174,600
Previous Owner Burns Louis G $112,917
Previous Owner King Kristina M $102,000
Closed King Kristina M $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2022 03/21/22 Sold $275,000 +7.8% $188 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $255,000 +41.7% $174 / Sq Ft
06/11/2019 06/11/19 Sold $180,000 -4.5% $123 / Sq Ft View Prior Sale
04/29/2019 04/29/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $188,500 -- $129 / 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 $6,182 $96,250 $19,215 $77,035
2023 $4,984 $66,400 $14,840 $51,560
2022 $5,015 $66,400 $14,840 $51,560
2021 $4,964 $66,400 $14,840 $51,560
2020 $4,404 $51,490 $11,520 $39,970
2019 $4,317 $147,100 $32,900 $114,200
2018 $4,310 $51,490 $11,520 $39,970
2017 $3,915 $42,490 $9,450 $33,040
2016 $3,888 $42,490 $9,450 $33,040
2015 $3,681 $42,490 $9,450 $33,040
2014 $3,681 $38,650 $8,580 $30,070
Source: Public Records

Agents Affiliated with this Home

  • Haley Turner

    Seller's Agent in 2022

    Haley Turner

    Howard Hanna

    (234) 380-7654

    103 in this area

    374 Total Sales

    Haley Turner
    Section Image
  • Lauren McPherson

    Seller Co-Listing Agent in 2022

    Lauren McPherson

    Howard Hanna

    (716) 425-0939

    1 in this area

    7 Total Sales

    Lauren McPherson
    Section Image
  • Diane Weseloh

    Buyer's Agent in 2022

    Diane Weseloh

    Keller Williams Elevate

    (216) 440-0432

    10 in this area

    615 Total Sales

    Diane Weseloh
    Section Image
  • Justin Weseloh

    Buyer Co-Listing Agent in 2022

    Justin Weseloh

    Keller Williams Elevate

    (216) 832-9015

    7 in this area

    391 Total Sales

    Justin Weseloh
    Section Image
  • Carolyn Bentley

    Seller's Agent in 2019

    Carolyn Bentley

    Howard Hanna

    (216) 470-1502

    11 in this area

    204 Total Sales

    Carolyn Bentley
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lori Scott

    Howard Hanna

    (216) 236-3603

    2 in this area

    65 Total Sales

    Lori Scott
    Section Image
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Map

Source: MLS Now

MLS Number: 4348047

MLS Now

APN: 311-25-062

Ohio Cuyahoga County Lakewood 44107

1507 Wayne Ave, Lakewood, OH

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