NOT LISTED FOR SALE

1517 Olivewood Ave Lakewood, OH 44107

Estimated Value: $429,945

4 Beds
2.5 Baths
2,368 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $395,000 $167 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,001/month

4 Days on Market

Highlights

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

About This Home

As of February 2023

The classic colonial has been beautifully updated featuring an open concept main floor. This home includes 4 bedrooms, a master suite, 2 full, one 1/2 baths, & a fully finished basement. Step inside to a welcoming foyer with an adorable custom built storage unit, perfect for tossing your winter hats & boots. The sizable living room is open to the dining room & kitchen. There is new luxury vinyl flooring throughout the main floor. The kitchen features white shaker cabinets, quartz counters, modern backsplash & brand new stainless steel appliances. There is also a 1/2 bath right off the kitchen & the dining room has sliding doors that lead out to a patio & fenced in backyard. For extra entertaining space, the basement is fully finished & has a sizable laundry room with plenty of storage. Upstairs you will find 3 good sized bedrooms, with new carpet, a full bath that features a tub with tile shower surround, new vanity & all new fixtures. The entire third floor makes up the master suite with a large walk in shower, double vanity, walk in closet, new fixtures & carpet. All new HVAC, plumbing, compete rewire including 200amp service, insulation, windows, interior & exterior doors, lighting, interior & exterior paint, landscaping, & the basement was fully waterproofed with new interior drainage. Nothing to do but move right in! Schedule your private tour today!

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 01/06/2023

Keller Williams Citywide

Last Buyer's Agent

Aaron Harden

HomeSmart Real Estate Momentum LLC License #2017004286

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,059

Year Built

  • Built in 1903

Lot Details

  • 2,788 Sq Ft Lot
  • Lot Dimensions are 40 x 70
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Lakewood Sub/J W Hambys Community

Listing and Financial Details

  • Assessor Parcel Number 314-08-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,059

Year Built

Built in 1903

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 227.53
  • Estimated Price per Sq Ft: 227.53
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1736
  • Year Built: 1903
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1903

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Sump Pump
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Finished, Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1736.00
  • Sq Ft Approx Below Grade Finished: 632.00
  • Sq Ft Approx Total Finished: 2368.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • 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: Lakewood Sub/J W Hambys

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Dimensions: 40 x 70
  • Lot Size Units: Acres
  • Acres: 0.0640
  • Parcel Number: 314-08-040
  • LandLeaseYN: No

Tax Info

  • Tax: 3059

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 9, 2023
Sold by
Citius Properties Llc
Bought by
Lowe Joseph T and Rutila Stephanie A
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Aaron Harden
HomeSmart Real Estate Momentum LLC
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Views
70
Current Estimated Value
$429,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,945
Avg. Annual Appreciation
3.18%
Original Mortgage
$316,000
Outstanding Balance
$306,245
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$123,700

Purchase Details

Closed on
May 14, 2022
Sold by
Feser Mary C
Bought by
Citius Properties Llc

Purchase Details

Closed on
Jan 1, 1975
Bought by
Feser Joseph L and Feser Mary C
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
Lowe Joseph T $395,000 Cleveland Home Title
Citius Properties Llc $105,000 Pearl Law Offices Llc
Feser Joseph L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Joseph T $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $395,000 -1.3% $167 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $400,000 -- $169 / 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 $8,879 $138,250 $14,700 $123,550
2023 $8,837 $115,160 $12,430 $102,730
2022 $3,091 $49,665 $12,425 $37,240
2021 $3,059 $49,670 $12,430 $37,240
2020 $2,545 $38,500 $9,630 $28,880
2019 $2,495 $110,000 $27,500 $82,500
2018 $2,219 $38,500 $9,630 $28,880
2017 $1,961 $30,030 $7,350 $22,680
2016 $1,947 $30,030 $7,350 $22,680
2015 $1,917 $30,030 $7,350 $22,680
2014 $1,917 $28,880 $7,070 $21,810
Source: Public Records

Agents Affiliated with this Home

  • Greg Erlanger

    Seller's Agent in 2023

    Greg Erlanger

    Keller Williams Citywide

    (216) 570-3270

    167 in this area

    3,758 Total Sales

    Greg Erlanger
    Section Image
  • Aaron Harden

    Buyer's Agent in 2023

    Aaron Harden

    HomeSmart Real Estate Momentum LLC

    (440) 785-1213

    6 in this area

    152 Total Sales

    Aaron Harden
    Section Image
  • Anne Marie Harden

    Buyer Co-Listing Agent in 2023

    Anne Marie Harden

    HomeSmart Real Estate Momentum LLC

    (440) 785-8510

    5 in this area

    145 Total Sales

    Anne Marie Harden
    Section Image
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Map

Source: MLS Now

MLS Number: 4430408

MLS Now

APN: 314-08-040

Ohio Cuyahoga County Lakewood 44107

1517 Olivewood Ave, Lakewood, OH

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