NOT LISTED FOR SALE

17700 Franklin Ave Lakewood, OH 44107

4 Beds
2 Baths
2,240 Sq Ft
4,639 Sq Ft Lot

Last Sold September 16, 2020

Last sale price $220,000 $98 Per Sq Ft

1 Day on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Privacy Fence
  • Horace Mann Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of September 2020

This fully occupied Lakewood duplex is an amazing opportunity to invest in one of the most sought after areas of Cleveland! Previously occupied by the owner, the home is well cared for and full of updates. Both units have newer flooring throughout, renovated kitchens with new cabinets, fixture and counters, renovated baths with new vanity, tile flooring and tile surround, replacement windows, updated electrical panels and more! Both units rents for $1,000/month and have lease agreements through 03/31/2021. Each unit is very spacious with 2 bedrooms and 1 full bath, as well as a living room, dining room and kitchen. There is a covered front porch for each unit, a detached 2 car garage, a full basement and a fenced-in backyard as well. The property is located on a quiet street but within walking distance of public transportation, popular restaurants and shops, as well as easy highway access! This is an incredibly valuable property that will be a huge asset to any investment portfolio!

Last Agent to Sell the Property

Mike Azzam

RE/MAX Haven Realty License #2014004734 Listed on: 09/01/2020

RE/MAX Haven Realty

Last Buyer's Agent

Greg Erlanger

Keller Williams Citywide License #2004000516

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,639 Sq Ft Lot
  • Privacy Fence
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Rocky River Nursery Allotment Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 311-25-119

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 98.21
  • Estimated Price per Sq Ft: 98.21
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2240
  • 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: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 2240.00
  • Sq Ft Approx Total Finished: 2240.00

Exterior Features

  • Fences: Privacy
  • 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: Rocky River Nursery Allotment

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1065
  • Parcel Number: 311-25-119

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating

Multi Family

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

Tax Info

  • Tax: 5544

Range of Values:

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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 Prior Sale
09/16/2020 09/16/20 Sold $220,000 0.0% $98 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $219,900 +46.6% $98 / Sq Ft
12/14/2018 12/14/18 Sold $150,000 -8.5% $45 / Sq Ft View Prior Sale
11/12/2018 11/12/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $164,000 -3.5% $49 / Sq Ft
09/19/2018 09/19/18 Price Changed $169,900 -5.6% $51 / Sq Ft
09/03/2018 09/03/18 Price Changed $179,900 -2.5% $54 / Sq Ft
08/24/2018 08/24/18 For Sale $184,500 -- $55 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Azzam

    Seller's Agent in 2020

    Mike Azzam

    RE/MAX

    (216) 456-3855

    22 in this area

    1,978 Total Sales

    Mike Azzam
    Section Image
  • Greg Erlanger

    Buyer's Agent in 2020

    Greg Erlanger

    Keller Williams Citywide

    (216) 570-3270

    167 in this area

    3,758 Total Sales

    Greg Erlanger
    Section Image
  • Peggy Auble

    Seller's Agent in 2018

    Peggy Auble

    Howard Hanna

    (440) 396-0534

    7 in this area

    79 Total Sales

    Peggy Auble
    Section Image
  • Nick Virzi

    Buyer's Agent in 2018

    Nick Virzi

    Keller Williams Elevate

    (440) 821-5737

    8 in this area

    110 Total Sales

    Nick Virzi
    Section Image
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Map

Source: MLS Now

MLS Number: 4218496

MLS Now

APN: 311-25-119

Ohio Cuyahoga County Lakewood 44107

17700 Franklin Ave, Lakewood, OH

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