Seller's Agent in 2021
Michael Rath
ERA Real Solutions Realty
(440) 263-8615
6 in this area
81 Total Sales
The Meridian Condos 12550 Lake Ave Unit 1707 Lakewood, OH 44107
Estimated Value: $330,000 - $460,000
3
Beds
2.5
Baths
2,172
Sq Ft
4.7
Acres
Highlights
- Lake Front
- Fitness Center
- 1 Fireplace
- Emerson Elementary School Rated A-
- Community Lake
- Forced Air Heating and Cooling System
About This Home
As of November 2021Direct lakefront. 2 story luxury Penthouse Condominium. North East view of Downtown. Live at the top. Offering 2172 sq. ft . Balcony and unit views that go on forever. First floor is wide open and includes a half bath perfect for entertaining . Spiral stair case leads to the 2nd floor featuring 3 bedrooms 2 baths and laundry/storage room. Bathrooms have been redone. The unit is awaiting your remodel. This is a special once in a lifetime offering. Must be purchased as is. Location within minutes of downtown. The Meridian is the only lakefront building designed/built as a condominium. 24-hour desk service. Indoor and outdoor pools. You will love the indoor salt water pool. Racquet ball court. Party rooms. Fitness center. Picnic area with grills. SO many amenities! 2 side by side garage spaces. Absolutely the crown jewel of Lakewood's Gold Coast. Simply stunning.
Property Details
Home Type
- Condominium
Year Built
- Built in 1974
Lot Details
- Lake Front
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 2,172 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Car Garage
- Garage Door Opener
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 312-08-488
Community Details
Overview
- $1,518 Annual Maintenance Fee
- Maintenance fee includes Association Insurance, Exterior Building, Landscaping, Property Management, Recreation, Reserve Fund, Security Staff, Security System, Snow Removal, Trash Removal
- Meridian Condo Community
- Community Lake
Amenities
- Common Area
Recreation
- Fitness Center
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2021
Closed on
Oct 29, 2021
Sold by
Andres Pamela J and Martin Edward
Bought by
Forrest Carl
Seller's Agent
Michael Rath
ERA Real Solutions Realty
Buyer's Agent
Cameron Clements
RE/MAX Traditions
List Price
$389,900
Sold Price
$295,000
Premium/Discount to List
-$94,900
-24.34%
Total Days on Market
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,119
Avg. Annual Appreciation
10.84%
Purchase Details
Closed on
Mar 14, 1997
Sold by
Southworth Richard P
Bought by
Andres Pamela J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 1986
Sold by
Grocke Jochen D S
Bought by
Southworth Richard P
Purchase Details
Closed on
Aug 25, 1983
Sold by
Traut Marguerita R
Bought by
Grocke Jochen D S
Purchase Details
Closed on
Sep 16, 1975
Bought by
Traut Marguerita R
Purchase Details
Closed on
Jan 1, 1975
Bought by
Transcon Bldrs Inc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forrest Carl | $295,000 | Ohio Real Title | |
| Andres Pamela J | $220,000 | -- | |
| Southworth Richard P | $210,000 | -- | |
| Grocke Jochen D S | $185,000 | -- | |
| Traut Marguerita R | $116,400 | -- | |
| Transcon Bldrs Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Andres Pamela J | $209,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $295,000 | -4.8% | $136 / Sq Ft |
| 10/02/2021 10/02/21 | Pending | -- | -- | -- |
| 09/21/2021 09/21/21 | Price Changed | $309,900 | -11.4% | $143 / Sq Ft |
| 09/19/2021 09/19/21 | Price Changed | $349,900 | -10.3% | $161 / Sq Ft |
| 09/03/2021 09/03/21 | For Sale | $389,900 | -- | $180 / 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 | $6,934 | $103,250 | $11,480 | $91,770 |
| 2023 | $9,741 | $125,760 | $12,600 | $113,160 |
| 2022 | $9,801 | $125,760 | $12,600 | $113,160 |
| 2021 | $9,923 | $125,760 | $12,600 | $113,160 |
| 2020 | $8,900 | $98,250 | $9,840 | $88,410 |
| 2019 | $8,742 | $280,700 | $28,100 | $252,600 |
| 2018 | $8,732 | $98,250 | $9,840 | $88,410 |
| 2017 | $7,573 | $76,940 | $7,740 | $69,200 |
| 2016 | $7,222 | $76,940 | $7,740 | $69,200 |
| 2015 | $7,222 | $76,940 | $7,740 | $69,200 |
| 2014 | $6,534 | $66,890 | $6,720 | $60,170 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rath
-
Cameron Clements
Buyer's Agent in 2021
Cameron Clements
RE/MAX
(330) 940-9820
3 in this area
96 Total Sales
About The Meridian Condos
Map
Similar Homes in Lakewood, OH
Source: MLS Now
MLS Number: 4313896
APN: 312-08-488
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