NOT LISTED FOR SALE

Point East Apartments 27500 Cedar Rd Unit 204 Beachwood, OH 44122

Estimated Value: $316,000 - $402,837

2 Beds
2.5 Baths
2,148 Sq Ft
$1,668/mo HOA Fee

Last Sold March 15, 2021

Last sale price $275,000 $128 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,174/month

16 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Patio
  • Hilltop Elementary School Rated A+
  • Tennis Courts
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Absolutely Stunning, Light and Bright, 2 Bedroom, 2.1 Bath Condo at Point East, Beachwood's Premier Luxury Condominium Complex. Spacious, Open, Flexible Floor Plan Features Living and Dining Rooms with Built-Ins. Beautiful, Custom Kitchen w/ Granite Counter Tops, Soft Close Drawers and Stainless Steel Appliances. Spectacular Light Filled Glass Atrium Style Family Room (23x16) with Sliding Glass Doors and Remote Control Blinds Opens to Picturesque, Outdoor Rooftop Terrace. Owner's Suite with Full Bath, Walk-In Closet and Custom Wall of Built-Ins. Second Bedroom/Den with Wall of Built-Ins Currently Being Used as Office. Both Bedrooms Have Sliding Glass Doors for Access to the Terrace. Incredible Amounts of Storage and Closet Space. In-Suite Laundry, Guest Powder Room and Welcoming Foyer. Point East Offers Outstanding, Unparalleled Concierge Services and Amenities Including Underground Heated Parking, 24 Hour Security, Pool, Tennis, Exercise Facility, Guest Suites and Party Room. Great Location Close Proximity to Beachwood Place, LaPlace, Legacy Village, Acacia Metro Park, Medical Facilities and Freeway.

Last Agent to Sell the Property

Marilyn Kahn

Howard Hanna License #2004003150 Listed on: 02/11/2021

Howard Hanna

Last Buyer's Agent

Teri Chmielewski

Keller Williams Greater Metropolitan License #2002007318

Keller Williams Greater Metropolitan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,021

Year Built

  • Built in 1979

Lot Details

  • 7

HOA Fees

  • $1,668 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • East Facing Home

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 742-31-310

Community Details

Overview

  • Point East Condominium Owner's Assoc. Association
  • High-Rise Condominium
  • Point East Condo Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,021

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,668 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1979
  • Subdivision Name: Point East Condo
  • Above Grade Finished Sq Ft: 2148.0
  • Architectural Style: High Rise, Multiplex
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Rubber
  • Home Warranty: Yes
  • Construction Type: Brick
  • Direction Faces: East
  • Patio And Porch Features: Patio

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
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness, Pool, Tennis Court(s)
  • Association Fee: 1667.51
  • Association Fee Frequency: Monthly
  • Association Name: Point East Condominium Owner's Assoc.
  • Association: Yes

Schools

  • Junior High Dist: Beachwood CSD - 1802

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 742-31-310
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4021.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 12, 2021
Sold by
Miller Marvin and Miller Renate
Bought by
Averbach Mark and Averbach Patricia
Seller's Agent
Marilyn Kahn
Howard Hanna
Buyer's Agent
Teri Chmielewski
Keller Williams Greater Metropolitan
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$375,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,209
Avg. Annual Appreciation
7.51%

Purchase Details

Listed on
Oct 28, 2016
Closed on
Jan 11, 2017
Sold by
Ross Anita
Bought by
Miller Marvin and Miller Renate
Seller's Agent
Leslie Kaufman
Howard Hanna
Buyer's Agent
Leslie Kaufman
Howard Hanna
List Price
$349,000
Sold Price
$342,000
Premium/Discount to List
-$7,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.09%
Original Mortgage
$273,600
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2006
Sold by
Siegel Evelyn E and Siegel Gary M
Bought by
Ross Anita

Purchase Details

Closed on
Apr 23, 2001
Sold by
Gelfand Barbara J
Bought by
Siegel Gary M and Siegel Evelyn E

Purchase Details

Closed on
Nov 14, 2000
Sold by
Key Trs Co N A And Richard Katcher and Marjorie S
Bought by
Gelfand Barbara J and Barbara J Gelfand Declaration Of Trust

Purchase Details

Closed on
Apr 8, 1999
Sold by
Stein Martin L
Bought by
Key Trust Company Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
7.1%

Purchase Details

Closed on
Jun 21, 1984
Bought by
Stein Martin L and Stein Anita

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 Buyer Sale Price Title Company
Averbach Mark $275,000 None Available
Miller Marvin $142,000 None Available
Ross Anita $285,000 Erie Title Agency
Siegel Gary M $294,000 Real Estate Title
Gelfand Barbara J -- Real Estate Title
Key Trust Company Na $282,500 Midland Title Security Inc
Stein Martin L $154,600 --
Cedar House Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Marvin $273,600
Previous Owner Key Trust Company Na $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $275,000 -6.8% $128 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $295,000 -13.7% $137 / Sq Ft
01/13/2017 01/13/17 Sold $342,000 -2.0% $159 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $349,000 -- $162 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $5,085 $96,250 $13,825 $82,425
2023 $5,881 $96,250 $7,770 $88,480
2022 $5,896 $120,890 $7,770 $113,120
2021 $7,326 $120,890 $7,770 $113,120
2020 $4,088 $63,000 $7,700 $55,300
2019 $4,021 $180,000 $22,000 $158,000
2018 $3,996 $63,000 $7,700 $55,300
2017 $2,594 $49,910 $8,890 $41,020
2016 $2,578 $49,910 $8,890 $41,020
2015 $2,576 $49,910 $8,890 $41,020
2014 $2,359 $45,370 $8,090 $37,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4254241

MLS Now (Howard Hanna)

APN: 742-31-310