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Backup Offers

12550 Lake Ave Unit 1103, Lakewood, OH, 44107

$185,000

Home List Price

$2,197*

Closing Credit

2 Bedrooms
2 Full Baths
1,176 SqFt
$157/SqFt
Condo
Schools Nearby

Location

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12550 Lake Ave Unit 1103, Lakewood$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Assigned, Attached, Circular Driveway, Common, Covered, Drain, Deeded, Driveway, Enclosed, Garage, Garage Door Opener, Guest, Heated Garage, Indoor, Inside Entrance, On Site, Outside, Paved, Parking Lot
Attached Garage1 space
Year Built1974
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontLake Front, Waterfront
ViewLake
Private PoolYes
MLS #5033232
StatusAccepting Backup Offers
(Contingent)

About 12550 Lake Ave Unit 1103

Simply lovely. This 2 bedroom, 2 bath Meridian condominium also provides great spaces for your home office. Bright. Neutral. Updated. Great room with defined dining area. The 11th floor balcony off the great room offers outstanding Lake Erie views. The remodeled kitchen with its walls removed supplies an open concept floor plan, abundant cabinetry, granite counters & newer appliances. Huge living space. Ceramic tile floors. This condominium is absolutely ready to move in. Generous bedrooms. 2 full updated baths. Master with generous walk-in closet, many built-ins, and jewelry closet. Tremendous storage and additional storage unit in building. One deeded heated garage space included. Most utilities (all but light bill) are included in the HOA fee. The Gold Coast's premier condominium (the only one built as a condo - not an apartment conversion.) Every amenity: 24-hour front desk, 24/7 security system, indoor and outdoor heated pools, indoor hot tub and saunas, indoor racquetball court, outdoor grills and picnic tables, wooded picnic area with picnic tables and gas grills, grassy communal backyard that leads to dramatic cliff over Lake Erie & amazing views of downtown Cleveland, game room with professional billiard table, coffee shop and multiple lounge areas, large party room with catering kitchen, bar area and baby grand piano (150 person capacity), hobby room with kitchenette (30 people) & wi-fi, 2 indoor car wash bays, laundry facility on each floor, gated outdoor dog walk/run area, ample guest parking, dry cleaning service, package & delivery services. Close to everything and just a short drive (or RTA) to downtown. Excellent access to airport & freeways. (The Meridian is a highly owner occupied building.) Meridian is PET FRIENDLY to cats and/or small dogs.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1974
  • Stories: 1
  • Living Area: 1,176 SqFt

Listing Office:

  • Office Name: RE/MAX Real Estate Group
  • Office Email: results@ameritech.net
  • Listing Agent: Lou Barbee

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Built-in Features, Elevator, Granite Counters, High Speed Internet, Open Floorplan, Storage, Sauna, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front, Waterfront
  • View: Lake
  • Exterior: Outdoor Grill, Deck, Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Additional Parking, Assigned, Attached, Circular Driveway, Common, Covered, Drain, Deeded, Driveway, Enclosed, Garage, Garage Door Opener, Guest, Heated Garage, Indoor, Inside Entrance, On Site, Outside, Paved, Parking Lot

Lot Features

Lot Information:

  • Lot: Waterfront, Landscaped, Views

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lakewood High School, Public District Grades 9-12
  • Garfield Middle School, Public District Grades 6-8
  • Emerson Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Lake Erie front.

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $157/SqFt

HOA Fees:

  • Amount: $1154
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Lakewood, OH.

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Lakewood, OH

City

Med. Sold Price

$289.8K

Med. Price/SqFt

$153

Avg. Days On Market

27

# of Sold Homes

51

12550 Lake Ave Unit 1103 vs Lakewood

9 DAYS ON ROCKET

-18 Days

$185,000

-$104.8K Less

$157/SqFt

+$3 More

KEY TAKEAWAY

This property is $104.8K less than the Median Sold Price and $3/SqFt more than other homes in Lakewood, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5033232

Listing Office:

  • Office Name: RE/MAX Real Estate Group
  • Office Email: results@ameritech.net
  • Listing Agent: Lou Barbee

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,145

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6335668
6
/10

  • Emerson Elementary School

  • 13439 Clifton Blvd

  • 0.38 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6335669
6
/10

  • Garfield Middle School

  • 13114 Detroit Ave

  • 0.38 miles

  • Public District Grades 6-8

High School

school-card-donut-6335670
6
/10

  • Lakewood High School

  • 14100 Franklin Blvd

  • 1.03 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,082. Typical income of Lakewood, OH residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12550 Lake Ave Unit 1103

What is the listing price of this property?

The listing price of 12550 Lake Ave Unit 1103 property is $185,000.

What type of property is this?

The property 12550 Lake Ave Unit 1103 is a condo located in Lakewood, Ohio, 44107.

Is this property for sale now?

Accepting Backup Offers: 12550 Lake Ave Unit 1103 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 12550 Lake Ave Unit 1103 are:
Emerson Elementary School: GreatSchools Rating 6/10
Garfield Middle School: GreatSchools Rating 6/10
Lakewood High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 12550 Lake Ave Unit 1103 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 12550 Lake Ave Unit 1103 is 1,176 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12550 Lake Ave Unit 1103 is 1974.

Rocket Homes›Ohio›Cuyahoga County›Lakewood›44107›12550 Lake Ave Unit 1103

This home is located at 12550 Lake Ave Unit 1103 in Lakewood, OH and zip code 44107. This 1,176 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $185,000.

Lakewood, OH housing market in April 2024 saw over 29 listings sold above listed price, more than 2 sold at listed price and over 20 sold below. Between March 2024 and April 2024, Lakewood, OH real estate market has seen increase in the number of listings by 11.3%. In April 2024 median list price was $289,875 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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