Seller's Agent in 2025
Denise Zervos
Platinum Real Estate
(239) 264-1100
1 in this area
248 Total Sales
701 W Lakeside Ave Unit PH3 Cleveland, OH 44113
Warehouse District Neighborhood
3
Beds
3.5
Baths
4,378
Sq Ft
$2,533/mo
HOA Fee
Highlights
- Lake Front
- Contemporary Architecture
- 2 Car Attached Garage
- Fitness Center
- 1 Fireplace
- Patio
About This Home
As of July 2025Live life boldly, at the top of the Cleveland skyline in your downtown penthouse, with dramatic style and panoramic views. Impress your guests with striking architecture, lavish decor and a bird’s eye view of Lake Erie, Browns Stadium, Terminal Tower and Central Downtown. Entertain with ease, taking advantage of the open floor plan, moving seamlessly from the great room to the expansive wet bar to your balcony with stunning sights by day or night. Your new home is move-in ready available furnished with refined furniture and accents. Enjoy your privacy in this security-conscious building with 24 hour concierge and package delivery. Wake up to sights of clouds and seagulls soaring on the breeze. Keep up on business matters in your home office encased in glass for privacy, positioned for you to be inspired by the views and the powerful skyline. Relax with friends over a casual dinner in your gourmet kitchen. Absorb the rich warmth of your environment’s deep natural woods, stone, metal and inspired architecture. Play your way, hitting the town’s vibrant nightlife, entertainment venues and attractions. Savor the flavors of global cuisine in restaurants ranging from fine dining to intimate cafes and delicatessens. Add new favorites to your walk-in closet, visiting the city’s chic boutiques and shops. Enjoy the convenience of services just moments away, including salons, barbers, wine and food markets, and spas. Experience high-styling adventures in your penthouse home.
Last Agent to Sell the Property
Platinum Real Estate Brokerage Email: Zervos@ContactPlatinum.com 216-440-9089 License #434229 Listed on: 08/29/2023
Co-Listed By
Platinum Real Estate Brokerage Email: Zervos@ContactPlatinum.com 216-440-9089 License #2014001304
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $31,338
Year Built
- Built in 2005
Lot Details
- Lake Front
- Northeast Facing Home
HOA Fees
- $2,533 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Assigned Parking
Property Views
- Water
- City
- Park or Greenbelt
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 4,378 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Home Security System
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 3.5 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 101-09-478
Community Details
Overview
- Association fees include management, gas, insurance, ground maintenance, maintenance structure, parking, recreation facilities, sewer, snow removal, security, trash, water
- High-Rise Condominium
- Pinnacle Condo Subdivision
Amenities
- Common Area
- Public Transportation
Recreation
- Fitness Center
Pet Policy
- Pets Allowed
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2023
Closed on
Jun 25, 2025
Sold by
Bowman William R and Bowman Stephanie R
Bought by
Serpentini Robert M
Seller's Agent
Denise Zervos
Platinum Real Estate
Buyer's Agent
David Sharkey
Progressive Urban Real Estate Co
List Price
$2,400,000
Sold Price
$1,675,000
Premium/Discount to List
-$725,000
-30.21%
Total Days on Market
634
Views
1166
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.67%
Original Mortgage
$1,240,000
Outstanding Balance
$1,240,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$420,387
Purchase Details
Closed on
Jun 9, 2017
Sold by
Shumpert Iman and Shumpert Teyana
Bought by
Bowman William R and Bowman Shephanie R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 9, 2015
Sold by
Saltzman Mark J and Saltzman Shelly L
Bought by
Shumpert Iman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,119,200
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 12, 2011
Sold by
Baxter Gary and Baxter Gary W
Bought by
Saltzman Mark J and Saltzman Shelly L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,675,000 | Ohio Real Title | |
| Warranty Deed | $1,225,000 | Ohio Real Title | |
| Warranty Deed | $1,399,000 | Title Source Inc | |
| Warranty Deed | $875,000 | New Market Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,240,000 | New Conventional | |
| Previous Owner | $918,750 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,119,200 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $1,675,000 | -15.2% | $383 / Sq Ft |
| 12/27/2024 12/27/24 | Price Changed | $1,975,000 | -6.0% | $451 / Sq Ft |
| 07/02/2024 07/02/24 | Price Changed | $2,100,000 | -12.5% | $480 / Sq Ft |
| 08/29/2023 08/29/23 | For Sale | $2,400,000 | -- | $548 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $28,237 | $399,595 | $39,970 | $359,625 |
| 2023 | $31,539 | $396,200 | $34,090 | $362,110 |
| 2022 | $31,338 | $396,200 | $34,090 | $362,110 |
| 2021 | $29,578 | $396,200 | $34,090 | $362,110 |
| 2020 | $2,944 | $34,090 | $34,090 | $0 |
| 2019 | $2,722 | $97,400 | $97,400 | $0 |
| 2018 | $2,340 | $34,090 | $34,090 | $0 |
| 2017 | $3,890 | $34,090 | $34,090 | $0 |
| 2016 | $3,857 | $34,090 | $34,090 | $0 |
| 2015 | $4,171 | $34,090 | $34,090 | $0 |
| 2014 | $4,171 | $33,110 | $33,110 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Zervos
-
Mark Zervos
Seller Co-Listing Agent in 2025
Mark Zervos
Platinum Real Estate
(216) 990-2100
2 in this area
51 Total Sales
-
David Sharkey
Buyer's Agent in 2025
David Sharkey
Progressive Urban Real Estate Co
(216) 533-1617
4 in this area
223 Total Sales
Map
Source: MLS Now
MLS Number: 4453694
APN: 101-09-478
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