18 days on rocket

12550 Lake Ave Unit 1501-1507, Lakewood, OH, 44107

$375,000

Home List Price

$4,453*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,352 SqFt
$159/SqFt
Condo
Schools Nearby

Location

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12550 Lake Ave Unit 1501-1507, Lakewood$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Underground, Garage, On Site, Off Street, Paved
Garage3 spaces
Year Built1974
HeatingForced Air
CoolingCentral Air
WaterfrontLake Front
FireplaceNone
ViewCity, Lake, Pool
Private PoolYes
MLS #5037967
Lot Size4.70 Acres
StatusActive

About 12550 Lake Ave Unit 1501-1507

Welcome to your escape without leaving the city! This rare unit covers over 2000 sqft of living space, and has a huge living room with spectacular views of the lake and downtown Cleveland. This home and the amenities it comes with is made for entertaining and escaping the stress of your day. Enjoy the peace and relaxation that the enormous master bedroom offers along with its walk out balcony to see the sunrise in the morning along with his and hers walk in closets. But don't forget your entertainment is not limited to your unit! Head down the elevator or stairs if you feel adventurous and choose between the workout center, heated indoor pool, the outdoor pool, racquetball, or hot tub. But you also can exercise your mind with the game room that offers a chess board, pool table, or choose from one of the many books available to read. All this with great shopping and restaurants nearby and 24/7 security to great you with a smile every time you come home!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1974
  • Stories: 1
  • Living Area: 2,352 SqFt

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (419) 366-0131
  • Listing Agent: Brent Smith

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Interior: Ceiling Fan(s), Chandelier, Eat-in Kitchen, Elevator, His and Hers Closets, Multiple Closets, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: City, Lake, Pool
  • Exterior: Balcony

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Assigned, Underground, Garage, On Site, Off Street, Paved

Lot Features

Lot Information:

  • Lot: Waterfront, Views
  • Lot Size: 4.70 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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: Traveling on I-90 take exit 166 for 117th Street and head North for just over 1.5 miles and turn left on Lake Ave, heading west. Then half mile on your right you will see the Meridian.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $159/SqFt
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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

$290.7K

Med. Price/SqFt

$153

Avg. Days On Market

27

# of Sold Homes

54

12550 Lake Ave Unit 1501-1507 vs Lakewood

18 DAYS ON ROCKET

-9 Days

$375,000

+$84.2K More

$159/SqFt

+$5 More

KEY TAKEAWAY

This property is $84.2K more than the Median Sold Price and $5/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: #5037967

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (419) 366-0131
  • Listing Agent: Brent Smith

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: 6/1/2024, 8:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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NMLS#3030

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-6681690
6
/10

  • Emerson Elementary School

  • 13439 Clifton Blvd

  • 0.38 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6681691
6
/10

  • Garfield Middle School

  • 13114 Detroit Ave

  • 0.38 miles

  • Public District Grades 6-8

High School

school-card-donut-6681692
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. Residents of Lakewood, OH typically earn between $35k-100k each year. Most families are single, no kids. 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 1501-1507

What is the listing price of this property?

The listing price of 12550 Lake Ave Unit 1501-1507 property is $375,000.

What type of property is this?

The property 12550 Lake Ave Unit 1501-1507 is a condo located in Lakewood, Ohio, 44107.

Is this property for sale now?

Active Listing: 12550 Lake Ave Unit 1501-1507 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 12550 Lake Ave Unit 1501-1507 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 1501-1507 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 12550 Lake Ave Unit 1501-1507 is 2,352 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12550 Lake Ave Unit 1501-1507 is 1974.

Rocket Homes›Ohio›Cuyahoga County›Lakewood›44107›12550 Lake Ave Unit 1501-1507

This home is located at 12550 Lake Ave Unit 1501-1507 in Lakewood, OH and zip code 44107. This 2,352 square foot home, which was built in 1974, sits on a 4.70 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $375,000.

Lakewood, OH housing market in May 2024 saw over 22 listings sold above listed price, more than 7 sold at listed price and over 25 sold below. The number of homes for sale in Lakewood, OH increased by 8.1% between April 2024 and May 2024. While the average time on the market in May 2024 was 27 days, the median list price was $290,714.

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

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