NOT LISTED FOR SALE

1516 Grace Ave Lakewood, OH 44107

Estimated Value: $380,000 - $515,000

7 Beds
3 Baths
3,296 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $249,900 $76 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,219/month

30 Days on Market

Highlights

  • Medical Services
  • Colonial Architecture
  • Community Pool
  • Harrison Elementary School Rated A-
  • 1 Fireplace
  • Tennis Courts

About This Home

As of December 2013

Home has been totally redone in a quality manner with attention to the beautiful Victorian details. Natural woodwork, built-ins, pillars, floors, beautiful doors, and other details throughout. Major improvements are: Large Kitchen remodeled with granite, hickory floors, stainless appliances; 1st floor bath remodeled with detailed tile work, glass shower; newer carpeting in mbr and lr, 3rd fl, and new rec room; almost every original window was taken apart and reassembled; upstairs original maple floors were refinished; all original trim was refinished; pocket doors were refinished; New crown molding was added; upstairs bathroom refinished; basement professionally waterproofed and refinished in November 2013 with full bath, bedroom, rec room and laundry room; Within past two years, new roof and gutters, patio with trex deck, landscaping and landscape lighting, garage, driveway. Exterior scraped and repainted in 2013. The integrity of this lovely home has been restored and retained thr

Last Agent to Sell the Property

Virginia Lindsay

Keller Williams Citywide License #396154 Listed on: 11/02/2013

Keller Williams Citywide

Last Buyer's Agent

Ann Schleckman

Howard Hanna License #2010003395

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 1909

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50 x150
  • East Facing Home

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Asphalt Roof

Interior Spaces

  • 3,296 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 315-08-085

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Grace Community
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,210

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial, Victorian
  • House Faces: East
  • Price Per Square Foot: 112.37
  • Num Of Stories: 3.00
  • Total Sq Ft: 2224
  • Year Built: 1909
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Wall Oven, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Room Count: 20
  • Basement Detail: Finished, Full
  • Living Area Sq Ft: 3296
  • Estimated Total Living Area: 3296
  • Estimated Sq Ft: 2224

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Medical Service, Park, Playground, Pool, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Grace

Schools

  • School District: Lakewood LSD

Lot Info

  • Lot Dimensions: 50 X150
  • Lot Size Area Sq Ft: 7501.0000
  • Lot Size Frontage: 50
  • Lot Size Units: Acres
  • Price Per Acre: 1451219.51
  • Acres: 0.1720
  • Parcel Number: 315-08-085

Tax Info

  • Tax: 4210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2013
Closed on
Dec 5, 2013
Sold by
Farnan Brian P
Bought by
Shearn Matthew and Shearn Aubrey
Seller's Agent
Virginia Lindsay
Keller Williams Citywide
Buyer's Agent
Ann Schleckman
Howard Hanna
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$458,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,067
Avg. Annual Appreciation
5.23%
Original Mortgage
$233,348
Outstanding Balance
$173,929
Interest Rate
4.14%
Mortgage Type
VA
Estimated Equity
$285,038

Purchase Details

Closed on
May 26, 2004
Sold by
Brown Lillian
Bought by
Farnan Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2002
Sold by
Brown Billy J and Brown Lillian
Bought by
Brown Lillian

Purchase Details

Closed on
Jan 30, 1997
Sold by
Salti Ibrahim
Bought by
Brown Billy J and Brown Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1994
Sold by
Salti Ahmad Y
Bought by
Salti Ibrahim

Purchase Details

Closed on
Nov 21, 1980
Sold by
Campbell Homer P
Bought by
Salti Ahmad Y

Purchase Details

Closed on
Jan 1, 1975
Bought by
Campbell Homer P
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
Shearn Matthew $249,900 Cleveland Home Title
Farnan Brian P $164,000 True Title
Brown Lillian -- --
Brown Billy J $99,000 --
Salti Ibrahim -- --
Salti Ahmad Y $45,000 --
Campbell Homer P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shearn Matthew $233,348
Previous Owner Farnan Brian P $164,000
Previous Owner Brown Billy J $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2013 12/10/13 Sold $249,900 0.0% $76 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
11/02/2013 11/02/13 For Sale $249,900 -- $76 / 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 $9,646 $150,185 $24,010 $126,175
2023 $8,541 $113,790 $19,290 $94,500
2022 $8,595 $113,790 $19,290 $94,500
2021 $8,507 $113,790 $19,290 $94,500
2020 $7,544 $88,200 $14,950 $73,260
2019 $7,395 $252,000 $42,700 $209,300
2018 $7,257 $88,200 $14,950 $73,260
2017 $7,657 $83,100 $11,450 $71,650
2016 $7,131 $77,920 $11,450 $66,470
2015 $4,737 $77,920 $11,450 $66,470
2014 $4,737 $49,740 $10,990 $38,750
Source: Public Records

Agents Affiliated with this Home

  • Virginia Lindsay

    Seller's Agent in 2013

    Virginia Lindsay

    Keller Williams Citywide

    (216) 407-7759

    35 in this area

    300 Total Sales

    Virginia Lindsay
    Section Image
  • Ann Schleckman

    Buyer's Agent in 2013

    Ann Schleckman

    Howard Hanna

    (216) 272-5311

    20 in this area

    70 Total Sales

    Ann Schleckman
    Section Image
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Map

Source: MLS Now

MLS Number: 3455634

MLS Now

APN: 315-08-085

Ohio Cuyahoga County Lakewood 44107

1516 Grace Ave, Lakewood, OH

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