NOT LISTED FOR SALE

Point East Apartments 27500 Cedar Rd Unit 703 Beachwood, OH 44122

Estimated Value: $308,000 - $422,000

2 Beds
2 Baths
2,108 Sq Ft
$1,500/mo HOA Fee

Last Sold August 15, 2016

Last sale price $170,000 $81 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,810/month

75 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 7.45 Acre Lot
  • Hilltop Elementary School Rated A+
  • Views of Trees
  • Wooded Lot

About This Home

As of August 2016

Great Opportunity to Live in Beachwood's Premier Luxury Condo Complex. Beautiful 2 Bedroom/2 Full Bath Suite w/ a Den Close to the Elevator. Over 2100 Sq. Ft. Pristine and Well Maintained Condo w/ Neutral Décor Painted in Today's Decorator Colors. Terrific Open Floor Plan Exudes a Homey Feel. Living Room w/ Fireplace, Dining Room, Den, Foyer, Master Bedroom and 2nd BR Feature Hardwood Floors. Spacious Eat-in Kitchen Has Lots of Cabinets and Counter Space. Large Master Suite Features Walk-In Closet w/ Built-Ins. Updated Master Bath w/ Granite Counter Top and Vessel Sink. Guest Bath Features Marble Floor, Granite Counter Top, Vessel Sink and Heated Towel Bar. Enclosed Heated Balcony/Sunroom Features Designer Tile Radiant Heated Flooring and Hunter Douglass Remote Controlled Window Shades. Kitchen and Bedrooms Have Plantation Shutters Along w/ Other Natural Wood Accents Throughout Suite. Amazing Storage and Closets. All Closets Offer Custom Designed Built-Ins. In-Suite Laundry. Unparalleled Concierge Service, Amenities Include Pool, Private Exercise Room, Tennis, Party Center, Guest Suites and 24 Hour Security. Conveniently Located. Close to Beachwood Place, Legacy Village, LaPlace, Hospitals, Universities, Museums and I-271.

Last Agent to Sell the Property

Marilyn Kahn

Howard Hanna License #2004003150 Listed on: 04/29/2016

Howard Hanna

Last Buyer's Agent

Sally Messinger

Howard Hanna License #400885

Howard Hanna

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,576

Year Built

  • Built in 1979

Lot Details

  • 7

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Views of Trees
  • Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • In Ground Pool
  • Wooded Lot

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 742-31-359

Community Details

Overview

  • High-Rise Condominium

Amenities

  • Common Area
  • Shops
  • Public Transportation

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,576

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1979
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: In Ground, Community
  • Reso View: Trees/Woods
  • Architectural Style: High Rise
  • Carport Y N: No
  • Entry Level: 7
  • Garage Yn: Yes
  • Reso Interior Features: Elevator
  • Unit Levels: One
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplaces: 1
  • Basement: Common Basement
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 7.4529
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Fitness, Pool, Shopping, Public Transportation
  • Association #2 Fee: 1500.19
  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

  • Junior High Dist: Beachwood CSD - 1802

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 742-31-359
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2576.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Aug 6, 2016
Sold by
Miller Connie M
Bought by
Freimuth Ann G and The Ann G Freimuth Revocable Trust
Seller's Agent
Marilyn Kahn
Howard Hanna
Buyer's Agent
Sally Messinger
Howard Hanna
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Current Estimated Value
$357,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,699
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Nov 20, 2004
Sold by
Mehler Elsie F
Bought by
Miller Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 1993
Sold by
Freeman Stephen and Freeman Eva A
Bought by
Mehler John T

Purchase Details

Closed on
Apr 26, 1984
Bought by
Freeman Stephen and Freeman Eva A

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
Freimuth Ann G $170,000 Signature Title
Miller Connie M $172,000 Erie Title Agency
Mehler John T $180,000 --
Freeman Stephen $169,900 --
Cedar House Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Connie M $157,250
Previous Owner Miller Connie M $10,000
Previous Owner Miller Connie M $120,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $170,000 -5.0% $81 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $179,000 -- $85 / 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 $4,949 $95,550 $9,555 $85,995
2023 $3,676 $60,830 $6,090 $54,740
2022 $3,691 $60,830 $6,090 $54,740
2021 $3,662 $60,830 $6,090 $54,740
2020 $3,911 $60,240 $6,020 $54,220
2019 $3,850 $172,100 $17,200 $154,900
2018 $3,201 $60,240 $6,020 $54,220
2017 $3,121 $49,920 $5,360 $44,560
2016 $2,578 $49,920 $5,360 $44,560
2015 $2,576 $49,920 $5,360 $44,560
2014 -- $45,370 $4,870 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 3802094

MLS Now (Howard Hanna)

APN: 742-31-359