$199,000
SOLD NOV 17, 2023

1557 Newman Ave Lakewood, OH 44107

5 Beds
2 Baths
1,980 Sq Ft
2,971 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

2 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • West Facing Home
  • Harrison Elementary School Rated A-
  • Laundry Facilities

About This Home

As of November 2023

Great opportunity in Lakewood. The lower unit has already been rehabbed last year. Upper unit has 3 bedrooms and high potential for someone looking at updating that unit. The third floor is finished and has the 3rd bedroom already in use. Home sits 1 door away from Franklin Avenue so close to RTA and shopping. Fenced in yard. Full basement with glass block.

Selling As-is.

Last Agent to Sell the Property

Kirk Suhart

King Realty License #2005000089 Listed on: 10/10/2023

Last Buyer's Agent

Michael Jones

RE/MAX Traditions License #2020005455

RE/MAX Traditions

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 2,971 Sq Ft Lot
  • West Facing Home
  • Chain Link Fence

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 315-14-068

Community Details

Overview

  • 2 Units
  • Newman Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 100.51
  • Estimated Price per Sq Ft: 100.51
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1980
  • Year Built: 1908
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (440) 444-1307 rbauer@realtywise.com
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1908

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1980.00
  • Sq Ft Approx Total Finished: 1980.00

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Newman

Schools

  • School District: Lakewood CSD
  • School District: Lakewood CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0682
  • Parcel Number: 315-14-068

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 5765

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $320,000 -1.5% $162 / Sq Ft
06/23/2025 06/23/25 Price Changed $325,000 -1.5% $164 / Sq Ft
06/17/2025 06/17/25 Price Changed $330,000 -2.8% $167 / Sq Ft
05/05/2025 05/05/25 Price Changed $339,500 -3.0% $171 / Sq Ft
04/26/2025 04/26/25 Price Changed $349,900 -2.8% $177 / Sq Ft
04/18/2025 04/18/25 Price Changed $359,900 -4.0% $182 / Sq Ft
04/10/2025 04/10/25 For Sale $375,000 +88.4% $189 / Sq Ft
11/17/2023 11/17/23 Sold $199,000 -0.5% $101 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $199,900 -- $101 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Jones

    Seller's Agent in 2025

    Michael Jones

    RE/MAX

    (440) 714-5755

    2 in this area

    61 Total Sales

    Michael Jones
    Section Image

  • K

    Seller's Agent in 2023

    Kirk Suhart

    King Realty

    (440) 503-8959

    2 in this area

    67 Total Sales

    Kirk Suhart
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4496275

MLS Now

APN: 315-14-068

Ohio Cuyahoga County Lakewood 44107

1557 Newman Ave, Lakewood, OH

This home is located at 1557 Newman Ave, Lakewood, OH 44107 and is currently priced at $199,000, approximately $100 per square foot. This property was built in 1908. 1557 Newman Ave is a home located in Cuyahoga County with nearby schools including Harrison Elementary School, Garfield Middle School, and Lakewood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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