NOT LISTED FOR SALE

1601 Olivewood Ave Lakewood, OH 44107

Estimated Value: $276,000 - $312,000

3 Beds
1.5 Baths
1,365 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $245,000 $179 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,010/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Patio
  • Roosevelt Elementary School Rated A-
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

Charming updated Lakewood Century Home that is the perfect mix of original character and todays updates. Welcoming front porch greets you as you walk up the front sidewalk. Gorgeous hardwood floors throughout the first floor and much of the second floor. The cozy Living Room features a large window allowing loads of natural light in. In the Dining Room there is plenty of room to entertain and enjoy the convenience of being just off the Kitchen. Granite countertops, newer cabinets and appliances are found in the spacious Kitchen. Just off the Kitchen there is a Powder Room. Enjoy the warmer weather on the deck off the kitchen overlooking the private, fenced yard. There are 3 bedrooms and full bath on the second floor. For even more living space, enjoy the finished bonus room on third floor featuring HUGE closets for tons for storage space (this space is not included in the sq footage). One car detached garage. Updates Include: A/C (2017), Furnace (2017), Roof (2010), Most windows replaced (2020), all other kitchen and bathroom updates done in 2012. Centrally located in Lakewood – just minutes to restaurants, shopping and highways.

Last Agent to Sell the Property

Mike Vonderau

Howard Hanna License #2015002606 Listed on: 01/24/2023

Howard Hanna

Last Buyer's Agent

Brian Gilbert

The Holden Agency License #2015000042

The Holden Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,231

Year Built

  • Built in 1905

Lot Details

  • 2,801 Sq Ft Lot
  • Lot Dimensions are 40x70

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,365 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Hamby Community

Listing and Financial Details

  • Assessor Parcel Number 314-09-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,231

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 179.49
  • Estimated Price per Sq Ft: 179.49
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 1365
  • Year Built: 1905
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1905

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1365.00
  • Sq Ft Approx Total Finished: 1365.00

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Patio
  • 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: Hamby

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Dimensions: 40x70
  • Lot Size Units: Acres
  • Acres: 0.0643
  • Parcel Number: 314-09-020
  • LandLeaseYN: No

Tax Info

  • Tax: 4231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 21, 2023
Sold by
Meyers Alexander E and Menser Sara Lynn
Bought by
Menser Diana and Burke Brendan
Seller's Agent
Mike Vonderau
Howard Hanna
Buyer's Agent
Brian Gilbert
The Holden Agency
List Price
$229,000
Sold Price
$245,000
Premium/Discount to List
$16,000
6.99%
Views
47
Current Estimated Value
$294,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,925
Avg. Annual Appreciation
7.17%
Original Mortgage
$196,000
Outstanding Balance
$189,625
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$105,300

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jan 31, 2018
Sold by
Mcginty Patrick B
Bought by
Meyers Alexander E and Meyers Sara Lynn
Seller's Agent
Kathryn Taylor
Howard Hanna
Buyer's Agent
Bob Szarek
Howard Hanna
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$128,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mcginty Patrick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 10, 2005
Sold by
Hughes Frank and Hughes Patricia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 14, 1994
Sold by
Colapietro Nancy E
Bought by
Hughes Frank M and Hughes Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 1989
Sold by
Walters Deborah S
Bought by
Colapietro Nancy

Purchase Details

Closed on
Aug 22, 1989
Sold by
Walters Norman Bill
Bought by
Walters Deborah S

Purchase Details

Closed on
Mar 24, 1980
Sold by
Jovanov Josif
Bought by
Walters Norman Bill

Purchase Details

Closed on
Dec 23, 1977
Bought by
Jovanov Josif

Purchase Details

Closed on
Nov 10, 1977
Sold by
Wagner William L
Bought by
Equitable Life Assurance

Purchase Details

Closed on
Jun 25, 1976
Sold by
Agostinelli Edward
Bought by
Wagner William L

Purchase Details

Closed on
Jul 18, 1975
Sold by
Agostinelli Edward and Jo Ann
Bought by
Agostinelli Edward

Purchase Details

Closed on
Jan 1, 1975
Bought by
Agostinelli Edward and Jo Ann
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
Menser Diana $245,000 Chicago Title
Meyers Alexander E $160,000 Cleveland Home Title
Mcginty Patrick B -- Attorney
Federal Home Loan Mortgage Corporation $80,000 --
Hughes Frank M $65,000 --
Colapietro Nancy $53,900 --
Walters Deborah S -- --
Walters Norman Bill $44,800 --
Jovanov Josif $32,000 --
Equitable Life Assurance $33,000 --
Wagner William L $29,500 --
Agostinelli Edward $24,000 --
Agostinelli Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menser Diana $196,000
Previous Owner Meyers Alexander E $128,000
Previous Owner Mcginty Patrick B $82,000
Previous Owner Hughes Frank M $61,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $245,000 +7.0% $179 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $229,000 +43.1% $168 / Sq Ft
01/31/2018 01/31/18 Sold $160,000 -3.0% $117 / Sq Ft View Prior Sale
12/18/2017 12/18/17 Pending -- -- --
11/25/2017 11/25/17 Price Changed $164,900 -2.9% $121 / Sq Ft
09/10/2017 09/10/17 For Sale $169,900 -- $124 / 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 $5,507 $85,750 $14,700 $71,050
2023 $4,204 $56,010 $9,490 $46,520
2022 $4,231 $56,000 $9,485 $46,515
2021 $4,188 $56,000 $9,490 $46,520
2020 $4,790 $56,000 $9,630 $46,380
2019 $4,696 $160,000 $27,500 $132,500
2018 $4,077 $56,000 $9,630 $46,380
2017 $3,490 $37,870 $7,350 $30,520
2016 $3,466 $37,870 $7,350 $30,520
2015 $3,466 $37,870 $7,350 $30,520
2014 $3,466 $36,400 $7,070 $29,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4433500

MLS Now

APN: 314-09-020