NOT LISTED FOR SALE

Point East Apartments 27500 Cedar Rd Unit 505 Beachwood, OH 44122

Estimated Value: $418,000 - $558,000

2 Beds
2.5 Baths
2,387 Sq Ft
$1,838/mo HOA Fee

Last Sold April 30, 2021

Last sale price $439,900 $184 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,244/month

Highlights

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

About This Home

As of April 2021

Professionally renovated and decorated in 2016. Stunning views from the enclosed balcony. Move-in condition! All appliances remain, including extra fridge/freezer, washer/dryer. Parking spaces (2) - best location in garage near door.

Point East condominium offers concierge level service to its residents with security and staff 24/7/365.

Successor Trustee is selling this condominium for estate purposes. Listing broker is also successor co-trustee of trust/seller.

Last Agent to Sell the Property

Eric Silver

Ag Real Estate Group, Inc. License #322905 Listed on: 03/25/2021

Last Buyer's Agent

Debbie Garson

Keller Williams Greater Metropolitan License #247568

Keller Williams Greater Metropolitan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1979

Lot Details

  • 7

HOA Fees

  • $1,838 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,387 Sq Ft Home
  • 1-Story Property
  • Basement

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 742-31-344

Community Details

Overview

  • 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

$2,296

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,838 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1979
  • ResoPoolFeatures: In Ground, Community
  • Subdivision Name: Point East Condo
  • Above Grade Finished Sq Ft: 2387.0
  • Architectural Style: Other
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: Yes
  • Reso Interior Features: Elevator
  • Unit Levels: One
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Other
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Garage, Heated Garage, Other, 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, Pool, Tennis Court(s)
  • Association #2 Fee: 1837.75
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: No

Schools

  • Junior High Dist: Beachwood CSD - 1802

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 742-31-344
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 2296.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 27, 2021
Sold by
Silver Eric M and Manning Julie M
Bought by
Goodman Lois
Seller's Agent
Eric Silver
Ag Real Estate Group, Inc.
Buyer's Agent
Debbie Garson
Keller Williams Greater Metropolitan
List Price
$439,900
Sold Price
$439,900
Current Estimated Value
$501,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,967
Avg. Annual Appreciation
-0.46%

Purchase Details

Closed on
Apr 22, 2016
Sold by
Cox Marcella B and Boyd Ii William F
Bought by
Silver Edward L and Silver Esther R

Purchase Details

Closed on
Aug 26, 2015
Sold by
Cox Marcella B and Boyd William F
Bought by
Cox Marcella B and Boyd Ii William F

Purchase Details

Closed on
Dec 12, 2008
Sold by
Boyd Mary Webster and Boyd William F
Bought by
Boyd Mary W and The Mary W Boyd Revocable Trust

Purchase Details

Closed on
Jul 12, 2001
Sold by
Boggs Pamela P
Bought by
Boyd Mary Webster

Purchase Details

Closed on
Sep 14, 1999
Sold by
Leeds Daniel
Bought by
Boggs Pamela P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 13, 1980
Sold by
Leeds Adelle
Bought by
Adelle Leeds

Purchase Details

Closed on
Jan 1, 1980
Bought by
Leeds Adelle
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
Goodman Lois $439,900 Chicago Title Co
Silver Edward L $100,000 Chicago Title Insurance Co
Cox Marcella B -- Attorney
Boyd Mary W -- None Available
Boyd Mary Webster $357,500 Reliance Title
Boggs Pamela P $285,000 Rockwell Title Agency Inc
Adelle Leeds $185,000 --
Leeds Adelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boggs Pamela P $88,000
Previous Owner Boggs Pamela P $220,500
Previous Owner Boggs Pamela P $100,000
Previous Owner Boggs Pamela P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $439,900 0.0% $184 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $439,900 -- $184 / 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 $8,054 $153,965 $6,860 $147,105
2023 $2,232 $35,350 $6,160 $29,190
2022 $2,237 $35,350 $6,160 $29,190
2021 $2,176 $35,350 $6,160 $29,190
2020 $2,296 $35,000 $6,090 $28,910
2019 $2,285 $100,000 $17,400 $82,600
2018 $1,135 $35,000 $6,090 $28,910
2017 $2,222 $35,000 $8,400 $26,600
2016 $4,536 $72,000 $8,400 $63,600
2015 $4,532 $72,000 $8,400 $63,600
2014 $4,230 $65,450 $7,630 $57,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4265822

MLS Now

APN: 742-31-344