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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lakewood, OH.
This property is $18.7K 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
Copyright 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, 10:20:37 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
DATE
EVENT
PRICE
May 09, 2016
May 09, 2016Home Sold
$70,000
Aug 23, 2006
Aug 23, 2006Home Sold
$132,000
Aug 13, 1999
Aug 13, 1999Home Sold
$121,500
Apr 14, 1998
Apr 14, 1998Home Sold
$87,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,425
Per Month
Principal & Interest
$1,358
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$882
Powered By
Advertisement
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
7
/10
Grant Elementary School
1470 Victoria Ave
Distance between this listing and this school0.27 miles
Public District Grades KG-5
Middle School
8
/10
Harding Middle School
16601 Madison Ave
Distance between this listing and this school0.47 miles
Public District Grades 6-8
High School
6
/10
Lakewood High School
14100 Franklin Blvd
Distance between this listing and this school0.76 miles
Public District Grades 9-12
Assigned Schools
7
/10
Grant Elementary School
1470 Victoria Ave
Distance between this listing and this school0.27 miles
Public District Grades KG-5
Nearby Schools
8
/10
Lincoln Elementary School
15615 Clifton Blvd
Distance between this listing and this school0.66 miles
Public District Grades PK-5
6
/10
Hayes Elementary School
16401 Delaware Ave
Distance between this listing and this school0.79 miles
Public District Grades PK-5
Assigned Schools
8
/10
Harding Middle School
16601 Madison Ave
Distance between this listing and this school0.47 miles
Public District Grades 6-8
Nearby Schools
5
/10
Riverside School
14601 Montrose Ave
Distance between this listing and this school1.32 miles
Public District Grades PK-8
6
/10
Garfield Middle School
13114 Detroit Ave
Distance between this listing and this school1.41 miles
Public District Grades 6-8
Assigned Schools
6
/10
Lakewood High School
14100 Franklin Blvd
Distance between this listing and this school0.76 miles
Public District Grades 9-12
Nearby Schools
3
/10
Lakewood City Academy
13465 Franklin Blvd
Distance between this listing and this school1.08 miles
Public Charter Grades 5-12
2
/10
Lake Erie International High School
11650 Detroit Ave
Distance between this listing and this school1.98 miles
The neighbors living near this home have an average income of $65,199. Typical income of Lakewood, OH residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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.
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 listings in Lakewood, OH increased by 8.1% between April 2024 and May 2024. The median list price of listings available in May 2024 was $290,714, while the average time on the real estate market was 27 days.
From Rocket Homes Real Estate and based on county public records data.