NOT LISTED FOR SALE

Point East Apartments 27500 Cedar Rd Unit 607 Beachwood, OH 44122

Estimated Value: $375,000 - $554,000

2 Beds
2.5 Baths
2,108 Sq Ft
$1,606/mo HOA Fee

Last Sold May 20, 2022

Last sale price $394,000 $187 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,501/month

3 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Porch
  • Hilltop Elementary School Rated A+
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of May 2022

Welcome to this beautifully renovated 2 bedroom, 2.5 bath condominium with impressive high end finishes. This suite was taken down to the studs in the last 4 years. It has a fabulous kitchen complete with Schrock cabinetry, stainless steel appliances, stone counters (beautiful backsplash) and LED lighting. Also included is a dining area in kitchen, a spacious living room with built-ins, and sliding glass doors out to the balcony. There is a formal dining room for all of your entertaining needs. Additional features include in suite laundry room with custom cabinetry, additional refrigerator and service entrance. Large master bedroom suite with gorgeous full bath, walk-in closet with built-ins and makeup station. Additional custom walk in closet off the hallway. The second bedroom can double as a den or office.The second full bath has also been beautifully renovated. Off the the foyer is a beautiful built-in bar cabinet that affords plenty of space for glasses and art. There is also a beautifully appointed guest powder room. Tremendous amount of closets and storage. HOA fee includes 2 garage spaces in heated garage and unparalleled Concierge Services. Point East amenities include underground parking, tennis court, pool, private exercise facility, guest suites, party/event room and 24-hour security. Luxury living at its finest in one of the city's most highly desirable buildings. Easy access to highways, Beachwood Place Mall, Legacy Village, Pinecrest, medical and recreation.

Last Agent to Sell the Property

Debbie Garson

Keller Williams Greater Metropolitan License #247568 Listed on: 03/28/2022

Keller Williams Greater Metropolitan

Last Buyer's Agent

Leslie Munsell

HomeSmart Real Estate Momentum LLC License #2015003761

HomeSmart Real Estate Momentum LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,899

Year Built

  • Built in 1979

Lot Details

  • East Facing Home

HOA Fees

  • $1,606 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Lot
  • Assigned Parking

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
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 742-31-356

Community Details

Overview

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

Amenities

  • Common Area
  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,899

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,606 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, 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, Refrigerator, 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
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: East
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener, Heated Garage, Paved, Parking Lot

Utilities

  • LaundryFeatures: In Unit
  • 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: Common Grounds/Area, Fitness, Other, Pool, Shopping, Tennis Court(s), Public Transportation
  • Association Fee: 1606.11
  • Association Fee Frequency: Monthly
  • Association Name: Point East Condo Owners Assn
  • Association: Yes

Schools

  • Junior High Dist: Beachwood CSD - 1802

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 742-31-356
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 6899.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 18, 2022
Sold by
Marcia A Coven Declaration Of Trust
Bought by
Levine Holly M and Levine Alan S
Seller's Agent
Debbie Garson
Keller Williams Greater Metropolitan
Buyer's Agent
Leslie Munsell
HomeSmart Real Estate Momentum LLC
List Price
$394,000
Sold Price
$394,000
Current Estimated Value
$441,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,360
Avg. Annual Appreciation
3.18%
Original Mortgage
$315,000
Outstanding Balance
$297,774
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$143,586

Purchase Details

Listed on
Jan 22, 2020
Closed on
Jul 7, 2020
Sold by
Markowitz Norma and Markowitz Martin
Bought by
Coven Marcia A and Marcia A Coven Trust
Seller's Agent
Karen Helffrich
Howard Hanna
Buyer's Agent
Debbie Garson
Keller Williams Greater Metropolitan
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%

Purchase Details

Closed on
Aug 1, 2018
Sold by
Markowitz Norma
Bought by
Markowitz Norma L and The Norma L Markowitz Declaration

Purchase Details

Listed on
Sep 11, 2016
Closed on
Mar 29, 2017
Sold by
Baintree Capital Llc
Bought by
Markiowitz Norman
Seller's Agent
Sharon Friedman
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Leslie Kaufman
Howard Hanna
List Price
$164,900
Sold Price
$149,900
Premium/Discount to List
-$15,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%

Purchase Details

Closed on
May 25, 2004
Sold by
Saltzman Mark J and Saltzman Shelly L
Bought by
Baintree Capital Llc

Purchase Details

Closed on
May 1, 1996
Sold by
Robert Rosewater Exec
Bought by
Saltzman Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1990
Sold by
Rosewater Alice V
Bought by
Rosewater Harold J

Purchase Details

Closed on
Mar 27, 1981
Bought by
Rosewater Alice

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levine Holly M $394,000 Sandhu Law Group Llc
Coven Marcia A $325,000 Signature Title
Markowitz Norma L -- Fidelity National Title
Markiowitz Norman $149,900 None Available
Baintree Capital Llc $173,400 Real Living Title Agency L
Saltzman Mark $150,000 --
Rosewater Harold J -- --
Rosewater Alice $181,500 --
Cedar House Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Holly M $315,000
Previous Owner Saltzman Mark $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2022 05/20/22 Sold $394,000 0.0% $187 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $394,000 +21.2% $187 / Sq Ft
07/08/2020 07/08/20 Sold $325,000 -7.1% $154 / Sq Ft View Prior Sale
06/03/2020 06/03/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $350,000 +7.7% $166 / Sq Ft
04/07/2020 04/07/20 Off Market $325,000 -- --
02/17/2020 02/17/20 Price Changed $350,000 -12.3% $166 / Sq Ft
01/22/2020 01/22/20 For Sale $399,000 +166.2% $189 / Sq Ft
03/30/2017 03/30/17 Sold $149,900 0.0% $71 / Sq Ft View Prior Sale
03/08/2017 03/08/17 Pending -- -- --
12/06/2016 12/06/16 Price Changed $149,900 -9.1% $71 / Sq Ft
09/11/2016 09/11/16 For Sale $164,900 -- $78 / 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 $7,084 $137,900 $16,205 $121,695
2023 $6,775 $113,750 $4,760 $108,990
2022 $6,948 $113,750 $4,760 $108,990
2021 $6,900 $113,750 $4,760 $108,990
2020 $3,073 $47,150 $4,730 $42,420
2019 $3,038 $134,700 $13,500 $121,200
2018 $2,771 $47,150 $4,730 $42,420
2017 $2,541 $39,280 $3,400 $35,880
2016 $2,526 $39,280 $3,400 $35,880
2015 $2,524 $39,280 $3,400 $35,880
2014 $2,359 $35,700 $3,080 $32,620
Source: Public Records

Agents Affiliated with this Home

  • Debbie Garson

    Seller's Agent in 2022

    Debbie Garson

    Keller Williams Greater Metropolitan

    (216) 509-4275

    13 in this area

    90 Total Sales

    Debbie Garson
    Section Image
  • Leslie Munsell

    Buyer's Agent in 2022

    Leslie Munsell

    HomeSmart Real Estate Momentum LLC

    (216) 399-1050

    11 in this area

    77 Total Sales

    Leslie Munsell
    Section Image
  • Karen Helffrich

    Seller's Agent in 2020

    Karen Helffrich

    Howard Hanna

    (216) 789-7599

    5 in this area

    142 Total Sales

    Karen Helffrich
    Section Image
  • Sharon Friedman

    Seller's Agent in 2017

    Sharon Friedman

    Berkshire Hathaway HomeServices Professional Realty

    (440) 893-9190

    94 in this area

    335 Total Sales

    Sharon Friedman
    Section Image
  • Leslie Kaufman

    Buyer's Agent in 2017

    Leslie Kaufman

    Howard Hanna

    (216) 299-3561

    2 in this area

    20 Total Sales

    Leslie Kaufman
    Section Image
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About Point East Apartments

Map

Source: MLS Now

MLS Number: 4359070

MLS Now

APN: 742-31-356

Ohio Cuyahoga County Beachwood 44122

27500 Cedar Rd Unit 607, Beachwood, OH

Not Listed for Sale

Condos

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