NOT LISTED FOR SALE

1566 Newman Ave Lakewood, OH 44107

Estimated Value: $316,000 - $348,759

4 Beds
2.5 Baths
2,052 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $312,000 $152 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,907/month

5 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Front Porch
  • Harrison Elementary School Rated A-
  • 1.5 Car Detached Garage
  • Patio

About This Home

As of April 2024

TAX ABATEMENT UNTIL 2026!! Stunning, fully-renovated single family home in the heart of Lakewood. This home is minutes away from all the entertainment and restaurants that Lakewood has to offer as well as the major highways making traveling anywhere convenient. The main level features extra tall ceilings, luxury vinyl throughout the entire level, a formal dining room, an oversized great room, powder room, and a gorgeous kitchen complete with 42” cabinets and a statement piece granite countertop. As you move up to the second level, you’ll find 3 spacious spare bedrooms and a full bathroom. You will also find the master bedroom with the Lakewood rarity ensuite bathroom complete with a freestanding soaker tub, shower and dual vanities. This entire home has been rejuvenated over the past 3 years and is move in ready for the next owner!

Last Agent to Sell the Property

Patrick Pellerite

Russell Real Estate Services Brokerage Email: PatPellerite@KW.com 440-728-0943 License #2020008912 Listed on: 03/06/2024

Russell Real Estate Services

Last Buyer's Agent

Jonathan Janoviak

RE/MAX Above & Beyond License #2019002126

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1899

Lot Details

  • 4,574 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Parking

  • 1.5 Car Detached Garage
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Front Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Newman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 315-14-096

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,463

Year Built

Built in 1899

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1899
  • Attribution Contact: PatPellerite@KW.com 440-728-0943
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Newman
  • Above Grade Finished Sq Ft: 2052.0
  • Architectural Style: Colonial, Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • ResoWindowFeatures: Insulated Windows
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished, Sump Pump
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Freezer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 3
  • Stories: 3

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Back Yard, Wood
  • Acres: 0.105
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Patio And Porch Features: Front Porch, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Driveway, Detached, Garage, Shared Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lakewood CSD (Cuyahoga)- 1817

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 315-14-096
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1463.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 9, 2024
Sold by
Scott Edra
Bought by
Bevins Austin
Seller's Agent
Patrick Pellerite
Russell Real Estate Services
Buyer's Agent
Jonathan Janoviak
RE/MAX Above & Beyond
List Price
$319,900
Sold Price
$312,000
Premium/Discount to List
-$7,900
-2.47%
Views
61
Current Estimated Value
$336,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,190
Avg. Annual Appreciation
5.00%
Original Mortgage
$249,600
Outstanding Balance
$245,913
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$90,277

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 10, 2022
Sold by
Joyce Philip C and Joyce Devin L
Bought by
Scott Edra
Seller's Agent
Julie Marous
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Brian Faehner
Deleted Agent
List Price
$317,500
Sold Price
$307,000
Premium/Discount to List
-$10,500
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$307,000
Interest Rate
4.67%
Mortgage Type
VA

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 7, 2020
Sold by
Vision Llc
Bought by
Joyce Philip C and Joyce Devin L
Seller's Agent
James Patti
Howard Hanna
Buyer's Agent
Kristina Morales
EXP Realty, LLC.
List Price
$209,900
Sold Price
$208,000
Premium/Discount to List
-$1,900
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.85%
Original Mortgage
$237,894
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2019
Sold by
Richards James R and U S Bank National Association
Bought by
Si Vision Llc

Purchase Details

Closed on
May 10, 2001
Sold by
Minich Julie and Minich Julie E
Bought by
Richards James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,800
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 1997
Sold by
Staab Mary Jo
Bought by
Minich Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,050
Interest Rate
8%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 1977
Sold by
Blazek Robert Leroy and Blazek Betty
Bought by
Dyke Dennis R

Purchase Details

Closed on
Jan 1, 1975
Bought by
Blazek Robert Leroy and Blazek Betty
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
Bevins Austin $312,000 Coastal Title
Scott Edra $307,000 Furry Deborah S
Joyce Philip C $208,000 Northern Title Agency In
Si Vision Llc $108,000 None Available
Richards James R -- Resource Title Agency Inc
Minich Julie $77,500 --
Dyke Dennis R $34,500 --
Blazek Robert Leroy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bevins Austin $249,600
Previous Owner Scott Edra $307,000
Previous Owner Joyce Philip C $237,894
Previous Owner Richards James R $83,800
Previous Owner Minich Julie $79,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2024 04/10/24 Sold $312,000 -2.5% $152 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $319,900 +4.2% $156 / Sq Ft
05/11/2022 05/11/22 Sold $307,000 -1.4% $150 / Sq Ft View Prior Sale
04/10/2022 04/10/22 Pending -- -- --
04/04/2022 04/04/22 Price Changed $311,500 -1.9% $152 / Sq Ft
03/29/2022 03/29/22 For Sale $317,500 +52.6% $155 / Sq Ft
07/17/2020 07/17/20 Sold $208,000 -0.9% $101 / Sq Ft View Prior Sale
05/28/2020 05/28/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $209,900 -- $102 / 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 $1,717 $107,450 $14,770 $92,680
2023 $1,463 $37,800 $11,620 $26,180
2022 $2,855 $88,450 $11,620 $76,830
2021 $5,443 $88,450 $11,620 $76,830
2020 $2,855 $32,620 $8,190 $24,430
2019 $2,735 $93,200 $23,400 $69,800
2018 $2,707 $32,620 $8,190 $24,430
2017 $2,703 $29,330 $9,030 $20,300
2016 $2,684 $29,330 $9,030 $20,300
2015 $2,793 $29,330 $9,030 $20,300
2014 $2,793 $29,330 $9,030 $20,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5020153

MLS Now

APN: 315-14-096