NOT LISTED FOR SALE

1631 Olivewood Ave Lakewood, OH 44107

Estimated Value: $242,000 - $299,075

4 Beds
2 Baths
1,760 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $230,000 $131 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,815/month

1 Day on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Front Porch
  • Roosevelt Elementary School Rated A-
  • 1.5 Car Detached Garage
  • Forced Air Heating System

About This Home

As of August 2024

Nice starter home in an established neighborhood. Great back yard, open front porch, sidewalks for safety. Close to schools and other amenities. Needs a bit of decorating from you. Will not qualify for some financing. Ready for you to add your charming touches. Garage door opener currently disconnected, manually open door WITH CAUTION. Block windows in basement. Potential to create a great family room in the basement. Bath fixtures in basement not used in years. New commode in upstairs bth, new faucets in upstairs bth., shower and kitchen sink, outside faucet and main water shut off in bsmt (July 2024) THIS HOME IS BEING SOLD "AS IS", unlikely any repairs to be made. BUYER'S AGENT MUST BE PRESENT FOR ALL INSPECTIONS.

Last Agent to Sell the Property

Cynthia Gabel

Century 21 Wilcox & Associates, LLC. Brokerage Email: 419-668-2100 annettewilcox21@gmail.com License #250683 Listed on: 08/03/2024

Century 21 Wilcox & Associates, LLC.

Last Buyer's Agent

Mary Russell

Coldwell Banker Schmidt Realty License #2014004087

Coldwell Banker Schmidt Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1959

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40' x 70'
  • Back Yard Fenced

Parking

  • 1.5 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Combination Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Front Porch
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 314-09-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,125

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1959
  • Attribution Contact: 419-668-2100 annettewilcox21@gmail.com
  • ResoLotFeatures: Back Yard, City Lot
  • ResoSpecialListingConditions: Estate
  • Above Grade Finished Sq Ft: 1144.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Two
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 616.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: Back Yard
  • Acres: 0.06
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Combination
  • Patio And Porch Features: Front Porch

Garage/Parking

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

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • 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: 314-09-012
  • LandLeaseYN: No
  • Lot Dimensions: 40' x 70'
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4125.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2024
Closed on
Aug 28, 2024
Sold by
Kinzelman Family Irrevocable Trust and Wolansky Kimberly A
Bought by
Sokol Jeff and Lindemann Randall
Seller's Agent
Cynthia Gabel
Century 21 Wilcox & Associates, LLC.
Buyer's Agent
Mary Russell
Coldwell Banker Schmidt Realty
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%
Views
21
Current Estimated Value
$263,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,519
Avg. Annual Appreciation
12.33%
Original Mortgage
$218,500
Outstanding Balance
$216,053
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$47,466

Purchase Details

Closed on
Aug 27, 2019
Sold by
Kinzelman Kevin C and Kinzelman Rose M
Bought by
Wolansky Kimberly A and The Kinzelman Family Irrevocab

Purchase Details

Closed on
Jan 11, 1985
Sold by
Kinzelman Kevin C
Bought by
Kinzelman Kevin C and Kinzelman Rose M

Purchase Details

Closed on
Jan 1, 1975
Bought by
Kinzelman Kevin C
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
Sokol Jeff $230,000 Chicago Title
Wolansky Kimberly A -- None Available
Kinzelman Kevin C -- --
Kinzelman Kevin C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sokol Jeff $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $230,000 +2.3% $131 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $224,900 -- $128 / 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 $5,146 $80,115 $14,700 $65,415
2023 $4,125 $54,960 $12,430 $42,530
2022 $4,151 $54,950 $12,425 $42,525
2021 $4,109 $54,950 $12,430 $42,530
2020 $3,643 $42,600 $9,630 $32,970
2019 $2,838 $121,700 $27,500 $94,200
2018 $2,618 $42,600 $9,630 $32,970
2017 $2,419 $35,000 $7,350 $27,650
2016 $2,402 $35,000 $7,350 $27,650
2015 $2,373 $35,000 $7,350 $27,650
2014 $2,373 $33,670 $7,070 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5052178

MLS Now

APN: 314-09-012