NOT LISTED FOR SALE

1587 Lakeland Ave Lakewood, OH 44107

Estimated Value: $275,000 - $382,000

3 Beds
2 Baths
1,831 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $246,000 $134 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,195/month

2 Days on Market

Highlights

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

About This Home

As of April 2020

If you've been looking to move in and do nothing but put your furniture in then this is the one! With as many updates as you can imagine, this home features 3 bedrooms up and a full bath on the first and second level. Even with all the updates you can still enjoy the original Lakewood charm and beautiful hardwood floors, lead glass windows and built in cabinets. This is your chance to own a wonderfully maintained home!

Last Agent to Sell the Property

David Binder

EXP Realty, LLC. License #2013004307 Listed on: 03/07/2020

EXP Realty, LLC.

Last Buyer's Agent

Autumn Enovitch

Real of Ohio License #2014002097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 1916

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Wood Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Mars E Wagar Sub Community

Listing and Financial Details

  • Assessor Parcel Number 313-26-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,750

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 187.64
  • Estimated Price per Sq Ft: 187.64
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1311
  • Year Built: 1916
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1916

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1311.00
  • Sq Ft Approx Below Grade Finished: 520.00
  • Sq Ft Approx Total Finished: 1831.00

Exterior Features

  • Exterior: Vinyl
  • Fences: 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

Condo/Co-op/Association

  • Subdivision Complex: Mars E Wagar Sub

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Dimensions: 40x125
  • Lot Size Units: Acres
  • Acres: 0.1148
  • Parcel Number: 313-26-023

Tax Info

  • Tax: 3750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2020
Closed on
Apr 10, 2020
Sold by
Mcclian Mara E and Mcclian William D
Bought by
Mcclelland Kevin D and Rueth Emma L
Seller's Agent
David Binder
EXP Realty, LLC.
Buyer's Agent
Autumn Enovitch
Real of Ohio
List Price
$238,500
Sold Price
$246,000
Premium/Discount to List
$7,500
3.14%
Current Estimated Value
$330,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,453
Avg. Annual Appreciation
5.47%
Original Mortgage
$184,500
Outstanding Balance
$162,821
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$167,632

Purchase Details

Closed on
Apr 24, 2018
Sold by
Manke Elliott L and Manke Louise K
Bought by
Mcclain Mara and Mcclain William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2015
Sold by
Ferrell Robert C
Bought by
Manke Elliott L and Manke Louise K

Purchase Details

Closed on
Sep 5, 1984
Sold by
Mergner Erna A
Bought by
Ferrell Patricial S

Purchase Details

Closed on
Jan 1, 1975
Bought by
Mergner Erna A
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
Mcclelland Kevin D $246,000 Barristers Title Agency
Mcclain Mara $175,000 Cleveland Home Title
Manke Elliott L $40,000 Ohio Title Corp
Ferrell Patricial S $17,700 --
Mergner Erna A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclelland Kevin D $184,500
Previous Owner Mcclain Mara $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2020 04/14/20 Sold $246,000 +3.1% $134 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $238,500 -- $130 / 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 $5,474 $85,225 $19,985 $65,240
2023 $4,679 $60,980 $15,300 $45,680
2022 $4,358 $60,970 $15,300 $45,680
2021 $4,313 $60,970 $15,300 $45,680
2020 $3,826 $44,730 $11,870 $32,870
2019 $3,750 $127,800 $33,900 $93,900
2018 $3,769 $44,730 $11,870 $32,870
2017 $3,819 $41,450 $9,140 $32,310
2016 $3,793 $41,450 $9,140 $32,310
2015 $3,794 $41,450 $9,140 $32,310
2014 $3,794 $39,840 $8,790 $31,050
Source: Public Records

Agents Affiliated with this Home

  • David Binder

    Seller's Agent in 2020

    David Binder

    EXP Realty, LLC.

    (216) 533-3382

    7 in this area

    43 Total Sales

    David Binder
    Section Image
  • Autumn Enovitch

    Buyer's Agent in 2020

    Autumn Enovitch

    Real of Ohio

    (216) 973-8694

    3 in this area

    136 Total Sales

    Autumn Enovitch
    Section Image
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Map

Source: MLS Now

MLS Number: 4173442

MLS Now

APN: 313-26-023

Ohio Cuyahoga County Lakewood 44107

1587 Lakeland Ave, Lakewood, OH

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