$1,050,000
SOLD DEC 26, 2023

701 W Lakeside Ave Unit PH-6 Cleveland, OH 44113

Warehouse District Neighborhood
3 Beds
3.5 Baths
3,740 Sq Ft
$2,168/mo HOA Fee

Recently Sold

$281 Per Sq Ft

36% Below List Price

99 Days on Market

Highlights

  • Lake Front
  • Spa
  • Contemporary Architecture
  • Fitness Center
  • Deck
  • Porch

About This Home

As of December 2023

Breathtaking views. A stunning space. World-class living in Downtown Cleveland. The most beautiful views in the building that has the best views in Cleveland. Sweeping walls of glass overlooking the Edgewater Basin and the whole West Side. 21' windows framing the Lighthouse, the harbor and the Stadium. Watch ships coming into port, sailing races, rowing on the river, breathtaking sunsets and the lights of the whole west side. Downtown living at its best. The balcony is the summer dining room for entertaining. Full, panoramic views of both the east and west shoreline all the way to Avon Point make any visit a memorable one. An extravagant master master suite encompasses the whole 2nd floor with a luxurious dressing room and bath. Every comfort and amenity. Glamorous volume space throughout. A flowing, contemporary open floor plan includes a span of 100 linear feet of windows, including a fabulous bar with it's own refrigerators and dishwashers. A large chef's kitchen has Wolf and Subzero professional appliances set in striking marble. Graciously appointed guest bedrooms are on the main floor, one as a convertible den with elegant Murphy-bed cabinetry. Gorgeous hardwood flooring throughout. Stunning interior glass walls and frameless plate glass doors. Fully integrated sound system. Programmable Leviton lighting. Electric blinds. Zoned heating and cooling with two independent systems. Full Pinnacle amenities. Two deeded garage spaces.

Last Agent to Sell the Property

Jim Robinson

RE/MAX Real Estate Group Brokerage Email: jim@realcleveland.net (216) 272-9284 License #436258 Listed on: 09/01/2023

RE/MAX Real Estate Group

Last Buyer's Agent

Robert Briggs

Berkshire Hathaway HomeServices Professional Realty License #2020005532

Berkshire Hathaway HomeServices Professional Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • Lake Front
  • River Front
  • Northwest Facing Home

HOA Fees

  • $2,168 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Assigned Parking

Property Views

  • Water
  • City

Home Design

  • Contemporary Architecture
  • Metal Roof

Interior Spaces

  • 3,740 Sq Ft Home
  • Central Vacuum
  • Wired For Sound
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 101-09-403

Community Details

Overview

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

Amenities

  • Common Area
  • Public Transportation

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

HOA Fees

$2,168 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 2009
  • Attribution Contact: jim@realcleveland.net (216) 272-9284
  • Road Frontage Type: Lakefront, River
  • ResoLotFeatures: Lake Erie Front, Lake Front, Waterfront
  • Reso View: City, Lake, Water
  • ResoSecurityFeatures: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Reso Association Fee Includes: Association Management, Gas, Insurance, Maintenance Grounds, Maintenance Structure, Other, Parking, Recreation Facilities, Reserve Fund, Sewer, Snow Removal, Security, Trash, Water
  • Subdivision Name: Pinnacle
  • Above Grade Finished Sq Ft: 3740.0
  • Reso Accessibility Features: None
  • Architectural Style: Contemporary, High Rise
  • Carport Y N: No
  • Entry Level: 13
  • Garage Yn: Yes
  • Reso Interior Features: Elevator, Central Vacuum, Wired for Sound
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Basement: No
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Metal
  • View: Yes
  • Waterfront Features: Lake Front, River Front, Waterfront
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Other
  • Direction Faces: Northwest
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Garage, Garage Door Opener, Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air, Heat Pump, Other
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Other, Zoned
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Fitness, Public Transportation
  • Association Fee: 2168.0
  • Association Fee Frequency: Monthly
  • Association Name: Pinnacle Condominium Owners Assn.
  • Association: Yes

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 101-09-403
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 56595.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2017
Closed on
Oct 13, 2017
Sold by
Isherwood Paul N and Isherwood Cynthia
Bought by
Reach Point Llc
Seller's Agent
Jim Robinson
RE/MAX Real Estate Group
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$1,670,000
Sold Price
$1,475,000
Premium/Discount to List
-$195,000
-11.68%
Current Estimated Value
$1,231,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$243,278
Avg. Annual Appreciation
-2.29%
Original Mortgage
$120,000
Outstanding Balance
$101,327
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$1,130,395

Purchase Details

Closed on
May 5, 2016
Sold by
Jon Mavrakis
Bought by
Bellar Lawrence and Sakes Natalie Bellar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,400
Interest Rate
3.61%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Bosworth Nicholas and Bosworth Jessica Ann
Bought by
Isherwood Paul N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2007
Sold by
Zeus Real Estate Llc
Bought by
Bosworth Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,500
Interest Rate
6.55%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 5, 2006
Sold by
Pinnacle 701 Llc
Bought by
Zeus Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,133,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2006
Sold by
Pinnacle 701 Llc
Bought by
Mutnal Amar B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,133,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2005
Sold by
Pinnacle 701 Llc
Bought by
701 Lakeside Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,475,000 Resources Title Agency
Deed -- --
Warranty Deed $1,450,000 Barristers Title Agency
Warranty Deed $910,180 Erie Title Agency Inc
Warranty Deed -- Erie Title Agency
Warranty Deed $333,000 Erie Title Agency
Limited Warranty Deed -- Erie Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Previous Owner $383,400 No Value Available
Previous Owner -- No Value Available
Previous Owner $240,549 Future Advance Clause Open End Mortgage
Previous Owner $687,500 New Conventional
Previous Owner $800,000 Credit Line Revolving
Previous Owner $967,500 Construction
Previous Owner $967,500 Construction
Previous Owner $12,133,000 Purchase Money Mortgage
Previous Owner $227,600 Purchase Money Mortgage
Previous Owner $150,000 Unknown
Previous Owner $450,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2023 12/26/23 Sold $1,050,000 -36.4% $281 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $1,650,000 +11.9% $441 / Sq Ft
10/19/2017 10/19/17 Sold $1,475,000 -11.7% $394 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
07/04/2017 07/04/17 For Sale $1,670,000 -- $447 / 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 $26,776 $367,500 $36,750 $330,750
2023 $47,054 $579,110 $33,320 $545,790
2022 $48,835 $579,110 $33,320 $545,790
2021 $4,580 $579,110 $33,320 $545,790
2020 $4,773 $33,320 $33,320 $0
2019 $4,538 $95,200 $95,200 $0
2018 $2,721 $33,320 $33,320 $0
2017 $2,817 $33,320 $33,320 $0
2016 $2,726 $33,320 $33,320 $0
2015 $2,656 $33,320 $33,320 $0
2014 $2,656 $32,340 $32,340 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4486728

MLS Now

APN: 101-09-403