$145,500
SOLD OCT 5, 2015

Point East Apartments 27500 Cedar Rd Unit 201 Beachwood, OH 44122

2 Beds
3 Baths
2,108 Sq Ft
$1,416/mo HOA Fee

Recently Sold

$69 Per Sq Ft

6% Below List Price

247 Days on Market

Highlights

  • Medical Services
  • In Ground Pool
  • Community Playground
  • Hilltop Elementary School Rated A+
  • 7.45 Acre Lot
  • Park

About This Home

As of October 2015

Fabulous opportunity to live in one of Cleveland's most Premiere Luxury Condos. Pamper yourself with the highest quality concierge service. Enter this unit into a large, welcoming foyer. The space is light and bright. Kitchen has lots of counter space and cabinetry and an Eat-In area. Dining Room opens to a lovely Living Room which opens to a Cozy Family room with new, gorgeous hardwood floors (1 yr old!). Large private terrace off of Living Room. There is a convenient in-suite laundry room with extra cabinets and a service entrance to the unit. Master Bedroom features 2 full His & Hers baths and His & Hers walk-in closets. All 3 baths have had recent updates. Many updates throughout! Living & Dining Room s have new carpet (within past year), second bedroom was painted within the past year. Unit located close to elevator. Lots of amenities including a pool, tennis, fitness room, party room, guest suite and a gated entrance with 24 hour security. Excellent location. Close to Beachwood Place, LaPlace, Legacy Village, freeways, hospitals, universities and museums.

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 10/06/2014

Keller Williams Citywide

Last Buyer's Agent

Paul Blumberg

Berkshire Hathaway HomeServices Professional Realty License #357652

Berkshire Hathaway HomeServices Professional Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,734

Year Built

  • Built in 1979

HOA Fees

  • $1,416 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Additional Features

  • 1-Story Property
  • In Ground Pool

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 742-31-311

Community Details

Overview

  • Point East Condo Subdivision

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Playground
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,734

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,416 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1979
  • ResoPoolFeatures: In Ground
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Point East Condo
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Elevator
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Property Sub Type Additional: Condominium
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Main Level Bathrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Other
  • Acres: 7.4529
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Medical Service, Playground, Park, Shopping
  • Association #2 Fee: 1416.0
  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

  • Junior High Dist: Beachwood CSD - 1802

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 742-31-311
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 2734.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2016
Sold by
Garofoli Florence
Bought by
Bauer Marjorie M and Marjorie M Bauer Revocable Family Trust

Purchase Details

Listed on
Oct 6, 2014
Closed on
Sep 28, 2015
Sold by
Davidson Nancy C
Bought by
Garofoli Florence
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Paul Blumberg
Berkshire Hathaway HomeServices Professional Realty
List Price
$154,900
Sold Price
$145,500
Premium/Discount to List
-$9,400
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$116,400
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 7, 2008
Sold by
Kirschenbaum Morton and Kirschenbaum Maryon
Bought by
Kirschenbaum Morton and Morton Kirschenbaum Trust

Purchase Details

Closed on
Jul 31, 1987
Sold by
Groocock John M and Groocock Sheila M
Bought by
Kirschenbaum Morton

Purchase Details

Closed on
Feb 25, 1983
Bought by
Groocock John M and Groocock Sheila M

Purchase Details

Closed on
Jan 1, 1980
Bought by
Cedar House Assoc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $158,000 None Available
Fiduciary Deed $145,500 Erie Title Agency
Interfamily Deed Transfer -- Attorney
Deed $155,000 --
Deed $170,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,400 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $425,000 +192.1% $202 / Sq Ft
10/05/2015 10/05/15 Sold $145,500 -6.1% $69 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $154,900 -- $73 / 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 $4,107 $88,655 $8,855 $79,800
2023 $2,787 $54,820 $5,920 $48,900
2022 $2,823 $54,810 $5,920 $48,900
2021 $2,801 $54,810 $5,920 $48,900
2020 $2,969 $54,250 $5,850 $48,410
2019 $2,936 $167,400 $16,700 $150,700
2018 $3,725 $58,590 $5,850 $52,750
2017 $3,039 $48,550 $4,870 $43,680
2016 $3,020 $48,550 $4,870 $43,680
2015 $3,093 $48,550 $4,870 $43,680
2014 $2,890 $44,140 $4,410 $39,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3658648

MLS Now

APN: 742-31-311