NOT LISTED FOR SALE

2205 Olive Ave Lakewood, OH 44107

Estimated Value: $273,000 - $317,000

4 Beds
1.5 Baths
1,375 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $285,000 $207 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,038/month

1 Day on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Hayes Elementary School Rated A-
  • Covered Patio or Porch
  • 1 Car Garage

About This Home

As of April 2024

Nestled in the Heart of Lakewood, this charming colonial invites you to call it home. Its prime location offers easy access to parks, shops, restaurants, and schools, all within a short stroll. Boasting four bedrooms and one-and-a-half baths, this residence epitomizes desirability. Situated back from the street, it features the largest front yard on the block, while a spacious covered front porch provides the perfect setting for morning coffee or evening relaxation – a quintessential Lakewood experience. Stepping inside, you'll immediately sense the pride of ownership exuded throughout. Beautiful hardwood floors grace the first floor, while fresh, newer carpeting adorns the second. Illuminate your living space with ample natural light streaming through the expansive front window, perfect for enjoying the view and people-watching. Painted in today's trendy hues, the home boasts a layout that effortlessly combines flow and functionality on the main level. The kitchen is a model of efficiency, offering a pantry, ample cabinets, a gas range, and a large sink. Upstairs, a remodeled full bath and three bedrooms await. The present owners have expanded the hallway into a bedroom, transforming it into a playroom. The third level has been tastefully finished, featuring refinished floors, exposed brick, a built-in bookcase, and a spacious walk-in closet. The basement offers excellent storage space, with room for laundry and exercise equipment, and has been interior waterproofed, awaiting your personal touch to transform it further. Additionally, indulge your green thumb with backyard raised garden beds, ideal for cultivating your own produce. Don't miss the opportunity to make this Lakewood gem your own.

Last Agent to Sell the Property

Mathew Chase

Keller Williams Greater Metropolitan Brokerage Email: 216-839-5500 klrw297@kw.com License #2013002819 Listed on: 03/28/2024

Keller Williams Greater Metropolitan

Co-Listed By

Danielle Sutcliffe

Keller Williams Greater Metropolitan Brokerage Email: 216-839-5500 klrw297@kw.com License #2019002962

Last Buyer's Agent

Todd Reinart

Howard Hanna License #2002010894

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,466

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • John S Taylor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 313-15-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,466

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1910
  • Attribution Contact: 216-839-5500 klrw297@kw.com
  • Co List Office Phone: 216-839-5500
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: John S Taylor
  • Above Grade Finished Sq Ft: 1375.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Sump Pump
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Garden
  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Full
  • Acres: 0.1
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Covered, Front Porch, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage, Paved

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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: 313-15-088
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4466.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Apr 30, 2024
Sold by
Lynch Vincent Anthony and Lynch Megan J
Bought by
Gibbons John Ryan
Seller's Agent
Mathew Chase
Keller Williams Greater Metropolitan
Buyer's Agent
Todd Reinart
Howard Hanna
List Price
$264,900
Sold Price
$285,000
Premium/Discount to List
$20,100
7.59%
Views
77
Current Estimated Value
$304,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,740
Avg. Annual Appreciation
4.57%
Original Mortgage
$285,000
Outstanding Balance
$280,996
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$23,744

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 24, 2020
Sold by
Sullivan Joseph and Sullivan Michelle
Bought by
Lynch Vincent Anthony and Lynch Megan J
Seller's Agent
James Foley
Howard Hanna
Buyer's Agent
Christine Williams
Keller Williams Citywide
List Price
$159,999
Sold Price
$170,000
Premium/Discount to List
$10,001
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$161,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2011
Sold by
Lavalli Shirley A
Bought by
Sullivan Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,634
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Closed on
Jul 28, 2004
Sold by
Finau Donald A and Finau Betty J
Bought by
Lavalli Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,650
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 1994
Sold by
Finau Donald A and Finau Mary J
Bought by
Finau Donald A

Purchase Details

Closed on
Mar 28, 1985
Sold by
Finau Donald A and Finau Mary J
Bought by
Finau Donald A and Finau Mary J

Purchase Details

Closed on
Jan 1, 1975
Bought by
Finau Donald A and Finau Mary J
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
Gibbons John Ryan $285,000 None Listed On Document
Lynch Vincent Anthony $170,000 Ohio Real Title
Sullivan Joseph $76,000 Cleveland Home Title
Lavalli Shirley A $90,200 Cleveland Home
Finau Donald A -- --
Finau Donald A -- --
Finau Donald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons John Ryan $285,000
Previous Owner Lynch Vincent Anthony $161,500
Previous Owner Sullivan Joseph $77,634
Previous Owner Lavalli Shirley A $67,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $285,000 +7.6% $207 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $264,900 +55.8% $193 / Sq Ft
08/28/2020 08/28/20 Sold $170,000 +6.3% $155 / Sq Ft View Prior Sale
07/13/2020 07/13/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $159,999 -- $145 / 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 $5,220 $81,270 $16,695 $64,575
2023 $4,467 $59,510 $13,900 $45,610
2022 $4,495 $59,500 $13,895 $45,605
2021 $4,449 $59,500 $13,900 $45,610
2020 $3,332 $38,960 $10,780 $28,180
2019 $3,266 $111,300 $30,800 $80,500
2018 $3,261 $38,960 $10,780 $28,180
2017 $2,549 $27,660 $8,230 $19,430
2016 $2,531 $27,660 $8,230 $19,430
2015 $2,533 $27,660 $8,230 $19,430
2014 $2,533 $26,600 $7,910 $18,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5026983

MLS Now

APN: 313-15-088