NOT LISTED FOR SALE

Point East Apartments 27500 Cedar Rd Unit 501 Beachwood, OH 44122

Estimated Value: $363,000 - $421,000

2 Beds
2.5 Baths
2,108 Sq Ft
$1,596/mo HOA Fee

Last Sold September 17, 2021

Last sale price $340,000 $161 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,274/month

1 Day on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Tennis Courts
  • Hilltop Elementary School Rated A+
  • 7.45 Acre Lot
  • Porch

About This Home

As of September 2021

This home is located at 27500 Cedar Rd Unit 501, Beachwood, OH 44122 since 15 July 2021 and is currently estimated at $399,970, approximately $189 per square foot. This property was built in 1979. 27500 Cedar Rd Unit 501 is a home located in Cuyahoga County with nearby schools including Hilltop Elementary School, Bryden Elementary School, and Beachwood Middle School.

Last Agent to Sell the Property

Marilyn Kahn

Howard Hanna License #2004003150 Listed on: 07/15/2021

Howard Hanna

Last Buyer's Agent

Adam Kaufman

Howard Hanna License #351481

Howard Hanna

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,651

Year Built

  • Built in 1979

Lot Details

  • West Facing Home

HOA Fees

  • $1,596 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Porch

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 742-31-341

Community Details

Overview

  • Association fees include management, gas, HVAC, insurance, ground maintenance, maintenance structure, parking, recreation facilities, reserve fund, sewer, snow removal, security, trash, water
  • Point Ease Condominium Association
  • High-Rise Condominium
  • Point East Condo Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,651

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,596 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1979
  • ResoPoolFeatures: In Ground, Community
  • Reso Association Fee Includes: Association Management, Gas, HVAC, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Sewer, Snow Removal, Security, Trash, Water
  • Subdivision Name: Point East Condo
  • Above Grade Finished Sq Ft: 2108.0
  • Architectural Style: High Rise
  • 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: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 7.4529
  • Home Warranty: Yes
  • Construction Type: Brick
  • Direction Faces: West
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Fitness Center, Fitness, Pool, Tennis Court(s)
  • Association Fee: 1596.1
  • Association Fee Frequency: Monthly
  • Association Name: Point Ease Condominium Association
  • Association: Yes

Schools

  • Junior High Dist: Beachwood CSD - 1802

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 742-31-341
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 2651.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 30, 2021
Sold by
Marvin Bauer Revocable Trust and Marvin Bauer Revocable Trust
Bought by
Cathy S Pearlman Declaration Of Trust and Pearlman
Seller's Agent
Marilyn Kahn
Howard Hanna
Buyer's Agent
Adam Kaufman
Howard Hanna
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$408,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,361
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Jul 25, 2006
Sold by
Marcus Helen I and Marcus Helen
Bought by
Bauer Marvin and The Marvin Bauer Revocable Trust

Purchase Details

Closed on
May 10, 2004
Sold by
Boyd Mary W and Boyd William
Bought by
Marcus Donald H and Marcus Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1997
Sold by
Siminovitch Jeffrey M P
Bought by
Boyd Mary W

Purchase Details

Closed on
Jul 23, 1984
Bought by
Siminovitch Jeffrey M P

Purchase Details

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

Range of Values:

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Average Value
Not Available
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
Cathy S Pearlman Declaration Of Trust $340,000 None Listed On Document
Bauer Marvin $227,000 Barristers Title Agency
Marcus Donald H $170,000 Erie Title Agency Inc
Boyd Mary W $227,000 --
Siminovitch Jeffrey M P $139,400 --
Cedar House Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marcus Donald H $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $340,000 0.0% $161 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $340,000 -- $161 / 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 $6,130 $119,000 $8,540 $110,460
2023 $2,973 $48,830 $4,870 $43,960
2022 $2,985 $48,830 $4,870 $43,960
2021 $2,452 $48,830 $4,870 $43,960
2020 $2,592 $48,370 $4,830 $43,540
2019 $2,571 $138,200 $13,800 $124,400
2018 $2,309 $48,370 $4,830 $43,540
2017 $2,077 $41,340 $4,130 $37,210
2016 $2,065 $41,340 $4,130 $37,210
2015 $2,063 $41,340 $4,130 $37,210
2014 $1,882 $37,600 $3,750 $33,850
Source: Public Records

Agents Affiliated with this Home

  • Marilyn Kahn

    Seller's Agent in 2021

    Marilyn Kahn

    Howard Hanna

    (216) 554-3930

    32 in this area

    285 Total Sales

    Section Image
  • Adam Kaufman

    Buyer's Agent in 2021

    Adam Kaufman

    Howard Hanna

    (216) 299-3535

    29 in this area

    681 Total Sales

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About Point East Apartments

Map

Source: MLS Now (Howard Hanna)

MLS Number: 4298812

MLS Now (Howard Hanna)

APN: 742-31-341

Ohio Cuyahoga County Beachwood 44122

27500 Cedar Rd Unit 501, Beachwood, OH

This home is located at 27500 Cedar Rd Unit 501, Beachwood, OH 44122 since 15 July 2021 and is currently estimated at $399,970, approximately $189 per square foot. This property was built in 1979. 27500 Cedar Rd Unit 501 is a home located in Cuyahoga County with nearby schools including Hilltop Elementary School, Bryden Elementary School, and Beachwood Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now (Howard Hanna) Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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