NOT LISTED FOR SALE

1606 Clarence Ave Lakewood, OH 44107

5 Beds
2.5 Baths
2,925 Sq Ft
7,401 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $261,000 $89 Per Sq Ft

43 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • East Facing Home
  • Harrison Elementary School Rated A-

About This Home

As of June 2021

Spacious two family home with 2900 square feet of living space on first thru third floors. Classic 5 x 5 floor plan for first and second floor. 3rd floor consists of 3 rooms and full bathroom. Great room sizes. Decorative fireplaces. Hardwood flooring. Some replacement windows in the first floor unit. Full basement with a finished room area. Additional 4th full bath in basement. Separate unit entrances for first and second floor. Larger spacious front entrance to second floor with landing and coat closet. Two car attached garage with rear yard green space. Rear deck area for enjoyment. Two classic front porches extend unit living space in spring, summer, and fall. Large eat in kitchens with dishwashers in first two units. Charm abounds with leaded glass, built-ins in dining rooms, crown molding, and fireplace built-ins on first floor. The third floor does have separate meters and furnace. Clarence location features wide street with just two doubles on the block. Quiet neighborhood close walk to Madison Park or Library. Larger lot size as well. Long term month to month tenants. Rents are below market rent (listed in MLS per unit) with room to grow rent roll. Current homeowner was granted a variance for separate third floor tenant when home was purchased. Seller makes no guarantees that this variance will be authorized upon title transfer to new owner by City of Lakewood. If not, third floor space provides great options for one tenant renting both second and third floors.

Last Agent to Sell the Property

Michael Thies

Keller Williams Citywide License #418125 Listed on: 04/01/2021

Keller Williams Citywide

Co-Listed By

Kyle Lawrence

Keller Williams Citywide License #2014002273

Last Buyer's Agent

Michael Atkinson

RE/MAX Real Estate Group License #376329

RE/MAX Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,758

Year Built

  • Built in 1922

Lot Details

  • 7,401 Sq Ft Lot
  • East Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,925 Sq Ft Home
  • 2.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Clarence Ave Allotment/S E Community

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water
  • Assessor Parcel Number 315-06-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,758

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: East
  • Price Per Square Foot: 89.23
  • Estimated Price per Sq Ft: 89.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.50
  • Total Sq Ft: 2925
  • Year Built: 1922
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1922

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2925.00
  • Sq Ft Approx Total Finished: 2925.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Clarence Ave Allotment/S E

Schools

  • School District: Lakewood CSD
  • School District: Lakewood CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1699
  • Parcel Number: 315-06-005

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 5758

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $261,000 -3.0% $89 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $269,000 -3.6% $92 / Sq Ft
04/05/2021 04/05/21 For Sale $279,000 -- $95 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4266630

MLS Now

APN: 315-06-005