13 days on rocket

1518 Lakeland Ave, Lakewood, OH, 44107

$272,000

Home List Price

$3,230*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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1518 Lakeland Ave, Lakewood$272,000

Buyer Closing Credits

$3,230*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Garage, Paved
Garage2 spaces
Year Built1909
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5034761
Lot Size0.10 Acres
StatusActive

About 1518 Lakeland Ave

Classic Lakewood Double each unit has 2 Bed/1Bath & Formal Dining room - original hardwood floors, French doors & beautiful original woodwork throughout. Current owner; Roof replaced in 2018 & Upstairs unit received a new Hot water tank in 2019 - Does need some work but a great investment in a well desired section of HOT HOT! HOT! HOT! Lakewood - Close to Metropark entrance & only 15 minutes from Downtown Cleveland *Both units currently have long term tenants on month-to-month leases *PLEASE DO NOT DISTURB TENANTS* *24 Hour Notice is Required to Show* * House is being sold AS IS ** Seller will make NO REPAIRS* ***Back on the market due to the buyer being unable to secure necessary financing***

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage, Paved

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Lakewood High School, Public District Grades 9-12
  • Harding Middle School, Public District Grades 6-8
  • Grant Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Lakeland Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $272,000

Tax Information:

  • Annual Amount: $4,847
  • Tax Year: 2020
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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

1518 Lakeland Ave vs Lakewood

13 DAYS ON ROCKET

-14 Days

$272,000

-$17.8K Less

KEY TAKEAWAY

This property is $17.8K less than the Median Sold Price in Lakewood, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5034761

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

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: 5/15/2024, 4:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 09, 2016Home Sold
$70,000
Aug 23, 2006Home Sold
$132,000
Aug 13, 1999Home Sold
$121,500
Apr 14, 1998Home Sold
$87,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,847$55,370
2019$4,757$55,380
2018$4,751$55,380
2017$4,376$46,310

History based on county public records data.

Payment Calculator

$1,425

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$882

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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-1536667
7
/10

  • Grant Elementary School

  • 1470 Victoria Ave

  • 0.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1536668
8
/10

  • Harding Middle School

  • 16601 Madison Ave

  • 0.47 miles

  • Public District Grades 6-8

High School

school-card-donut-1536669
6
/10

  • Lakewood High School

  • 14100 Franklin Blvd

  • 0.76 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 $65,199. Typical income of Lakewood, OH residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Lakewood›44107›1518 Lakeland Ave

This home is located at 1518 Lakeland Ave in Lakewood, OH and zip code 44107. This home, which was built in 1909, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $272,000.

In April 2024 more than 29 listings in Lakewood, OH were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 20 were sold below. Between March 2024 and April 2024, Lakewood, OH real estate market has seen increase in the number of listings by 11.3%. The median list price of listings available in April 2024 was $289,875, while the average time on the real estate market was 27 days.

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

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