NOT LISTED FOR SALE

1569 Parkwood Rd Lakewood, OH 44107

Estimated Value: $436,000 - $619,000

6 Beds
4 Baths
2,794 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $400,000 $143 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,093/month

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • Roosevelt Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Stunning, Well Thought Out, Quality Renovation Done Right At This Completely Remodeled, 1930 Built Multi-Family On Desirable Lakewood Street. Charm and Modern Design and Amenities Combine To Provide the Perfect Place To Call Home and/or Build Your Investment Portfolio. Both Units Have Been Transformed To Feature 3 Bedrooms and 2 Full Bathrooms and In-Suite Laundry. Each Unit Offers Spa Like Master Suite. Open Concept IKEA Kitchens That Look Out To Original Leaded Glass Windows Are A Budding Chef's Delight, Complete With Peninsula and Counter Space For Meals, In-Suite Laundry, Pantry and Floor To Ceiling Command Center (Corian Counters Up, Granite Counters (Down). Generous Bedroom Sizes Throughout and 2 Balconies Off Each Unit! First Floor Unit Features Newly Refinished Hardwood Flooring Throughout, With New Luxury Vinyl Plank Flooring and Carpeting Throughout 2nd Floor Unit. Massive Walk-Up Attic Offers Great Potential For Additional Finished Space. Additional Updates Include, But Are Not Limited To: New Water Lines, Drains and Electric Installed In All Bathrooms and Kitchens, Each Kitchen On It's Own Electric Sub-Panel, Duct Work Relocated Towards Exterior Walls To Increase Heating and Cooling Efficiency (Home Used To Be On Gravity Heat). Freshly Painted Exterior (June 2020). Reconditioned Windows Throughout. Rebuilt Garage Door.

Last Agent to Sell the Property

Danielle Mayo

Berkshire Hathaway HomeServices Professional Realty License #2016004431 Listed on: 06/22/2020

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

Sylvia Incorvaia

EXP Realty, LLC. License #411497

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1930

Lot Details

  • 5,140 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,794 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 315-02-076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,780

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 143.16
  • Estimated Price per Sq Ft: 143.16
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2794
  • Year Built: 1930
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Wall Oven, Range, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 2794.00
  • Sq Ft Approx Total Finished: 2794.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1180
  • Parcel Number: 315-02-076

Multi Family

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

Tax Info

  • Tax: 3780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2021
Sold by
Jules Virgil and Jules Kelly
Bought by
Jules Real Estate Properties Llc
Current Estimated Value
$517,092

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 22, 2020
Sold by
Parkwood Property Lakewood Llc
Bought by
Jules Kelly and Jules Virgil
Seller's Agent
Danielle Mayo
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Sylvia Incorvaia
EXP Realty, LLC.
List Price
$355,050
Sold Price
$400,000
Premium/Discount to List
$44,950
12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$300,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2018
Sold by
Peer John Jacob and Emil Sors Family Trust
Bought by
Parkwood Property Lakewood Llc

Purchase Details

Closed on
Jul 24, 1986
Sold by
Sors Phyllis P
Bought by
Sors Emil W

Purchase Details

Closed on
Jan 1, 1975
Bought by
Sors Phyllis P
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
Jules Real Estate Properties Llc -- Ohio Real Title
Jules Kelly $400,000 Ohio Real Title
Parkwood Property Lakewood Llc $125,650 None Available
Sors Emil W -- --
Sors Phyllis P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jules Kelly $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $400,000 +12.7% $143 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $355,050 -- $127 / 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 $4,476 $174,300 $19,985 $154,315
2023 $4,354 $56,740 $16,070 $40,670
2022 $4,382 $146,340 $16,070 $130,270
2021 $4,341 $146,340 $16,070 $130,270
2020 $3,851 $44,000 $12,460 $31,540
2019 $3,780 $125,700 $35,600 $90,100
2018 $2,984 $44,000 $12,460 $31,540
2017 $3,626 $47,610 $9,490 $38,120
2016 $3,601 $47,610 $9,490 $38,120
2015 $3,572 $47,610 $9,490 $38,120
2014 $3,572 $45,790 $9,140 $36,650
Source: Public Records

Agents Affiliated with this Home

  • Danielle Mayo

    Seller's Agent in 2020

    Danielle Mayo

    Berkshire Hathaway HomeServices Professional Realty

    (216) 970-7951

    13 in this area

    130 Total Sales

    Danielle Mayo
    Section Image
  • Sylvia Incorvaia

    Buyer's Agent in 2020

    Sylvia Incorvaia

    EXP Realty, LLC.

    (216) 316-1893

    31 in this area

    2,610 Total Sales

    Sylvia Incorvaia
    Section Image
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Map

Source: MLS Now

MLS Number: 4198756

MLS Now

APN: 315-02-076

Ohio Cuyahoga County Lakewood 44107

1569 Parkwood Rd, Lakewood, OH

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