NOT LISTED FOR SALE

Point East Apartments 27500 Cedar Rd Unit 608 Beachwood, OH 44122

Estimated Value: $280,000 - $335,014

2 Beds
2 Baths
1,980 Sq Ft
$1,606/mo HOA Fee

Last Sold January 09, 2024

Last sale price $258,500 $131 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,643/month

85 Days on Market

Highlights

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

About This Home

As of January 2024

Welcome home to Beachwood's premier luxury/concierge condominium complex of Point East. Beautifully maintained 2 bedroom, 2 full bathroom unit with spacious open floor plan on higher floor. This magnificent condo is the second unit from the elevator. The great room is awesome, with stunning carpet, floor to ceiling windows and sliding glass doors that allow in plenty of natural light, fantastic crown moldings, and is open to the dining area. The eat-in kitchen has plenty of cabinets for storage and a built-in desk area. The owner’s suite is very large, with 2 huge walk-in closets and a master bath. The second bedroom is sizable and is across from the additional full bath. Eat in kitchen, spacious laundry room, large balcony with great views and a fabulous open floor plan with plenty of room for entertaining make this unit the one that you have been waiting for. Enjoy the pool with heated Jacuzzi, outdoor grille area, tennis court, beautiful party/community room with 2 full kitchens, underground heated garage with 2 reserved parking spaces for the unit, storage locker, 24 hour security, on-site fitness center, and 2 guest suites available for rental. Easy access to the highway, Beachwood Place, La Place, Legacy Village, museums and hospitals. Start enjoying maintenance free luxury living at its best!

Last Agent to Sell the Property

Leslie Munsell

HomeSmart Real Estate Momentum LLC Brokerage Email: lsmunsell@gmail.com (216) 399-1050 License #2015003761 Listed on: 09/13/2023

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Adam Kaufman

Howard Hanna License #351481

Howard Hanna

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1979

Lot Details

  • 7

HOA Fees

  • $1,606 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Running Water Available in Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • 1,980 Sq Ft Home
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 742-31-355

Community Details

Overview

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

Amenities

  • Common Area
  • Shops

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,773

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
  • Attribution Contact: lsmunsell@gmail.com (216) 399-1050
  • ResoPoolFeatures: In Ground, Community
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Sewer, Snow Removal, Security, Trash, Water
  • Subdivision Name: Point East Condominium
  • Above Grade Finished Sq Ft: 1980.0
  • Architectural Style: High Rise, Multiplex
  • Carport Y N: No
  • Entry Level: 6
  • Garage Yn: Yes
  • Reso Interior Features: Elevator
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Electricity, Garage, Garage Door Opener, Heated Garage, Paved, Water Available

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, Park, Pool, Shopping, Tennis Court(s)
  • Association Fee: 1605.89
  • Association Fee Frequency: Monthly
  • Association Name: Point East Condominium Association
  • Association: Yes

Schools

  • Junior High Dist: Beachwood CSD - 1802

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 742-31-355
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 2773.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Jan 5, 2024
Sold by
Daroff Charles and Daroff Abigail G
Bought by
Joel Arthur Strom And June Arlene Strom Trust and Strom
Seller's Agent
Leslie Munsell
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Adam Kaufman
Howard Hanna
List Price
$319,000
Sold Price
$258,500
Premium/Discount to List
-$60,500
-18.97%
Views
472
Current Estimated Value
$308,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,161
Avg. Annual Appreciation
10.47%

Purchase Details

Listed on
Sep 23, 2018
Closed on
Dec 14, 2018
Sold by
Leikin Ronald and Leikin Jeffrey
Bought by
Daroff Charles
Seller's Agent
Jody Saks
Keller Williams Greater Metropolitan
Buyer's Agent
Jody Saks
Keller Williams Greater Metropolitan
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%

Purchase Details

Closed on
Mar 4, 2008
Sold by
Leikin Shirley
Bought by
Leikin Ronald and Leikin Jeffrey

Purchase Details

Closed on
Sep 10, 1985
Bought by
Leikin Shirley

Purchase Details

Closed on
Jan 1, 1980
Bought by
Cedar House Assoc
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
Joel Arthur Strom And June Arlene Strom Trust $258,500 Erie Title
Daroff Charles $125,000 Erie Title Agency
Leikin Ronald -- Attorney
Leikin Shirley $169,800 --
Cedar House Assoc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $258,500 -9.3% $131 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/21/2023 11/21/23 Price Changed $285,000 -4.8% $144 / Sq Ft
10/13/2023 10/13/23 Price Changed $299,500 -3.4% $151 / Sq Ft
09/28/2023 09/28/23 Price Changed $310,000 -2.8% $157 / Sq Ft
09/13/2023 09/13/23 For Sale $319,000 +155.2% $161 / Sq Ft
12/31/2018 12/31/18 Sold $125,000 0.0% --
10/04/2018 10/04/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $125,000 -- --
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 $4,787 $90,475 $7,420 $83,055
2023 $2,763 $44,210 $5,880 $38,330
2022 $2,770 $44,210 $5,880 $38,330
2021 $2,751 $44,210 $5,880 $38,330
2020 $2,919 $43,750 $5,810 $37,940
2019 $3,806 $166,200 $16,600 $149,600
2018 $3,698 $58,170 $5,810 $52,360
2017 $3,199 $51,210 $5,110 $46,100
2016 $3,179 $51,210 $5,110 $46,100
2015 $3,177 $51,210 $5,110 $46,100
2014 $2,968 $46,560 $4,660 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4487568

MLS Now

APN: 742-31-355