ParkingAdditional Parking, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Heated Garage, Water Available
Garage1 space
Year Built1974
HeatingForced Air
CoolingCentral Air
WaterfrontLake Front
ViewLake, Trees/Woods
Private PoolYes
MLS #5071236
StatusActive
About 12550 Lake Ave Unit 1104
Crisp and Neutral 2 bedroom, 2 full bath suite on a higher floor in the lovely Meridian Condomiums. Beautiful, red oak floors run throughout and are beautifully refinished with satin finish. Thoughtfully designed kitchen features cherry wood cabinetry, tumbled stone backsplash, Jennair appliances including state of the art induction microwave/wall oven combination, stainless steel frig and dishwasher, and stovetop. Convenient walk in pantry/storage closet off kitchen plus guest coat closet off foyer. Bedrooms are large and master includes a walk in closet with custom designed teak cabinetry. Both bathrooms have been renovated with custom teak cabinetry. Custom blinds throughout. Expansive, tiled balcony offers a peaceful respite with gorgeous sunsets and lakeviews. Convenient parking (#97) in heated garage and additional storage locker on garage level. Building amenities include a heated indoor pool, heated outdoor pool, whirlpool, saunas, gas grills and picnic areas, work out room, raquetball court, billiard room and party rooms. Congenial, 24/7 reception desk and a pet friendly building (one dog, 30 pound limit). Easy access to the airport, University Circle area, Downtown Cleveland, and all things Lakewood.
This property is $50K less than the Median Sold Price and $50/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: #5071236
Listing Office:
Office Name: Worsech Real Estate Services
Office Email: leslieworsech@sbcglobal.net
Listing Agent: Leslie C Worsech
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: 11/21/2024, 9:20:54 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,315
Per Month
Principal & Interest
$1,248
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
$816
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Emerson Elementary School
13439 Clifton Blvd
Distance between this listing and this school0.38 miles
Public District Grades PK-5
7
/10
Harrison Elementary School
2080 Quail St
Distance between this listing and this school1.10 miles
Public District Grades PK-5
5
/10
Louisa May Alcott Elementary School
10308 Baltic Rd
Distance between this listing and this school1.19 miles
Public District Grades KG-5
Nearby Schools
6
/10
Garfield Middle School
13114 Detroit Ave
Distance between this listing and this school0.40 miles
Public District Grades 6-8
6
/10
Hope Academy Northwest Campus
1441 W 116th St
Distance between this listing and this school0.79 miles
Public Charter Grades KG-8
4
/10
Marion C. Seltzer PreK-8 School
1468 W 98th St
Distance between this listing and this school1.61 miles
Public District Grades PK-8
Nearby Schools
2
/10
Lake Erie International High School
11650 Detroit Ave
Distance between this listing and this school0.67 miles
Public Charter Grades 9-12
6
/10
Lakewood High School
14100 Franklin Blvd
Distance between this listing and this school1.00 miles
Public District Grades 7-12
2
/10
Max S. Hayes High School
2211 W 65th St
Distance between this listing and this school2.84 miles
The neighbors living near this home have an average income of $66,082. Most Lakewood, OH residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12550 Lake Ave Unit 1104
What is the listing price of this property?
The listing price of 12550 Lake Ave Unit 1104 property is $250,000.
What type of property is this?
The property 12550 Lake Ave Unit 1104 is a condo located in Lakewood, Ohio, 44107.
Is this property for sale now?
Active Listing: 12550 Lake Ave Unit 1104 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 12550 Lake Ave Unit 1104 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 12550 Lake Ave Unit 1104 is 1,176 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 12550 Lake Ave Unit 1104 is 1974.
This home is located at 12550 Lake Ave Unit 1104 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 September 18, 2024 and is currently priced at $250,000.
Lakewood, OH housing market in October 2024 saw over 34 listings sold above listed price, more than 8 sold at listed price and over 20 sold below. The number of listings in Lakewood, OH increased by 5.3% between September 2024 and October 2024. In October 2024 median list price was $300,000 and the average listing age was 21 days.
From Rocket Homes Real Estate and based on county public records data.