NOT LISTED FOR SALE

1562 Lakeland Ave Lakewood, OH 44107

Estimated Value: $291,000 - $330,000

3 Beds
1 Bath
1,420 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $177,000 $125 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,066/month

68 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Grant Elementary School Rated A
  • 1 Car Detached Garage
  • Wood Fence

About This Home

As of July 2018

Charming colonial in the heart of Lakewood, Ohio.
This house starts with beautiful curb appeal and doesn’t stop. Outside, you have a front porch, fenced in back yard, and garage all perfect for entertaining friends and family. Inside, you will find charming archways, a gas fireplace, and spacious rooms, making you instantly feel at home. Love to cook? There is plenty of counter space in the galley style kitchen, which keeps the century home charm. The kitchen is paired with a bonus room that can be used as a breakfast nook or bar. Upstairs, you will find three large bedrooms with the master bedroom containing a “secret” walk-in closet with custom built-in bookshelves. This home also features a finished attic that can be used for storage or additional living space. What makes this house even more spectacular is the location. It is centrally located to all of Lakewood’s fabulous restaurants, bars, and shopping. Walking distance to Barrio, Humble Wine Bar, 16 bit, grocery stores, transit, and about 1 mile from Lakewood Park which features newly built Solstice Steps overlooking Lake Erie. The current owners have done the costly updates, all you need to do is move in.
Featured updates:
-All new vinyl siding (2015)
-Blown in insulation (2015)
-All new windows (2015)
-All new gutters (2015)
-New 3 –ton highly efficient furnace and A/C (2017)
-Updated plumbing (2016)
-Updated Electrical (2018)
-High Speed dedicated fiber internet

Last Agent to Sell the Property

Robert Zimmer

Keller Williams Greater Metropolitan License #404374 Listed on: 04/16/2018

Keller Williams Greater Metropolitan

Co-Listed By

Sam Zimmer

Keller Williams Greater Metropolitan License #2013004655

Last Buyer's Agent

James Ross

JMG Ohio License #2013001950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 1913

Lot Details

  • 4,482 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,420 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Mars E Wager Community

Listing and Financial Details

  • Assessor Parcel Number 313-26-062

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,825

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 124.65
  • Estimated Price per Sq Ft: 124.65
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1420
  • Year Built: 1913
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1913

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Unfinished
  • Sq Ft Approx Above Grade Finished: 1420.00
  • Sq Ft Approx Total Finished: 1420.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Chain Link, Wood
  • 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: Mars E Wager

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1029
  • Parcel Number: 313-26-062

Tax Info

  • Tax: 3825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jul 26, 2018
Sold by
Cross Rebecca and Buss Taylor
Bought by
Sayre Teresa C
Seller's Agent
Robert Zimmer
Keller Williams Greater Metropolitan
Buyer's Agent
James Ross
JMG Ohio
List Price
$187,500
Sold Price
$177,000
Premium/Discount to List
-$10,500
-5.6%
Current Estimated Value
$312,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,779
Avg. Annual Appreciation
8.17%
Original Mortgage
$171,690
Outstanding Balance
$149,124
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$163,655

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 20, 2013
Sold by
Houp Susan A
Bought by
Cross Rebecca
Seller's Agent
Marc Hustek
Howard Hanna
List Price
$117,000
Sold Price
$82,500
Premium/Discount to List
-$34,500
-29.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.81%
Original Mortgage
$78,375
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1979
Bought by
Houp Glenn L

Purchase Details

Closed on
Sep 18, 1978
Sold by
Heyl Donna L
Bought by
Cleary Realty Company

Purchase Details

Closed on
Jun 22, 1976
Sold by
Grant Thos C and G M
Bought by
Heyl Donna L

Purchase Details

Closed on
Jan 1, 1975
Bought by
Grant Thos C and G M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sayre Teresa C $177,000 Maximum Title
Cross Rebecca $82,500 Cleveland Home Title
Houp Glenn L $39,000 --
Cleary Realty Company $37,500 --
Heyl Donna L $27,000 --
Grant Thos C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayre Teresa C $171,690
Previous Owner Cross Rebecca $78,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2018 07/31/18 Sold $177,000 +0.3% $125 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/20/2018 06/20/18 Price Changed $176,500 -3.3% $124 / Sq Ft
06/01/2018 06/01/18 Price Changed $182,500 -2.7% $129 / Sq Ft
05/27/2018 05/27/18 For Sale $187,500 0.0% $132 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $187,500 +127.3% $132 / Sq Ft
05/20/2013 05/20/13 Sold $82,500 -29.5% $58 / Sq Ft View Prior Sale
04/04/2013 04/04/13 Pending -- -- --
04/02/2012 04/02/12 For Sale $117,000 -- $82 / 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 $5,049 $78,610 $18,970 $59,640
2023 $4,650 $61,950 $11,200 $50,750
2022 $4,679 $61,950 $11,200 $50,750
2021 $4,632 $61,950 $11,200 $50,750
2020 $4,559 $53,310 $11,240 $42,070
2019 $4,469 $152,300 $32,100 $120,200
2018 $4,462 $53,310 $11,240 $42,070
2017 $3,825 $41,510 $8,680 $32,830
2016 $3,799 $41,510 $8,680 $32,830
2015 $3,800 $41,510 $8,680 $32,830
2014 $3,800 $39,900 $8,330 $31,570
Source: Public Records

Agents Affiliated with this Home

  • Robert Zimmer

    Seller's Agent in 2018

    Robert Zimmer

    Keller Williams Greater Metropolitan

    (216) 406-5719

    3 in this area

    210 Total Sales

    Robert Zimmer
    Section Image
  • Sam Zimmer

    Seller Co-Listing Agent in 2018

    Sam Zimmer

    Keller Williams Greater Metropolitan

    (216) 469-4635

    4 in this area

    165 Total Sales

    Sam Zimmer
    Section Image

  • J

    Buyer's Agent in 2018

    James Ross

    JMG Ohio

    (440) 623-5055

    1 in this area

    73 Total Sales

    James Ross
    Section Image
  • Marc Hustek

    Seller's Agent in 2013

    Marc Hustek

    Howard Hanna

    (216) 374-4882

    8 in this area

    105 Total Sales

    Marc Hustek
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3988467

MLS Now

APN: 313-26-062

Ohio Cuyahoga County Lakewood 44107

1562 Lakeland Ave, Lakewood, OH

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.

Nearby Homes