NOT LISTED FOR SALE

1632 Cohassett Ave Lakewood, OH 44107

5 Beds
2 Baths
2,400 Sq Ft
6,098 Sq Ft Lot

Last Sold July 25, 2024

Last sale price $352,500 $147 Per Sq Ft

5 Days on Market

Highlights

  • Tennis Courts
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Harrison Elementary School Rated A-
  • Park
  • 5-minute walk to Madison Park

About This Home

As of July 2024

Calling all Lakewood investors and house hackers! Awesome opportunity awaits at 1632 Cohassett Ave in Lakewood. Nestled in the heart of it all, this duplex features a great 5 bedroom configuration. The first floor boasts 2 beds, while the upper unit encompasses the 2nd and 3rd floors and makes for a great house hack opportunity. One unit with a year lease provides stability of income, with the upper unit to be vacant at the end of July for a new tenant or owner occupant. Currently the property generates great rental revenue of $2700/month with some room to move. Lakewood provides a vibrant community with lot's to do for a stable investment now and long into the future. Close to everything this duplex is awesome opportunity. Call your favorite Realtor for more details. Due to tenant occupancy, showings will be limited to the public open houses this Thursday evening and Saturday afternoon! Reach out for more details.

Last Agent to Sell the Property

Michael Magno

Keller Williams Living Brokerage Email: michael@themagnogroup.com 216-236-8849 License #2016003542 Listed on: 06/12/2024

Keller Williams Living

Co-Listed By

Diana Magno

Keller Williams Living Brokerage Email: michael@themagnogroup.com 216-236-8849 License #2019001188

Last Buyer's Agent

Laura Bainbridge

Century 21 DeAnna Realty License #2012002074

Century 21 DeAnna Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,340

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot
  • East Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Tennis Courts
  • Community Playground
  • Park

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 315-09-086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,340

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1922
  • Attribution Contact: michael@themagnogroup.com 216-236-8849
  • Co List Office Phone: 440-318-1620
  • Above Grade Finished Sq Ft: 2400.0
  • Reso Accessibility Features: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 3

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.14
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: East

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Park, Tennis Court(s)

Schools

  • Junior High Dist: Lakewood CSD (Cuyahoga)- 1817

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 315-09-086
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Gross Income: 2750.0

Tax Info

  • Tax Annual Amount: 5340.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
07/25/2024 07/25/24 Sold $352,500 +0.7% $147 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $350,000 +40.0% $146 / Sq Ft
11/09/2021 11/09/21 Sold $250,000 +2.2% $103 / Sq Ft View Prior Sale
10/08/2021 10/08/21 Pending -- -- --
09/26/2021 09/26/21 For Sale $244,500 -- $101 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5044234

MLS Now

APN: 315-09-086