11 days on rocket

12550 Lake Ave Unit 505, Lakewood, OH, 44107

$364,900

Home List Price

$4,333*

Closing Credit

3 Bedrooms
2 Full Baths
1,512 SqFt
$241/SqFt
Condo

Location

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12550 Lake Ave Unit 505, Lakewood$364,900

Buyer Closing Credits

$4,333*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Underground, Garage, Indoor
Attached Garage2 spaces
Year Built1974
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake Front, Waterfront
FireplaceGas
ViewLake
Private PoolYes
MLS #5088866
Lot Size4.70 Acres
StatusActive

About 12550 Lake Ave Unit 505

Leap into Luxury Living at the exquisite Meridian of Lakewood. This nearly 1600 sqft Lakewood condo boasts 3 bedrooms and 2 full bathrooms, and overlooks Lake Erie. Every inch of this unit is UPDATED. Every light fixture, both bathrooms, the entire kitchen, flooring, every outlet.. it's all NEW NEW NEW, and done with the highest level of craftsmanship. Grand foyer welcomes you, into the building which is always staffed, hallways and exteriors are also newly updated.. the unit offers a spacious foyer, large open concept living and dining room with gas (free/included) fireplace, walls of windows and a stunning bar area for entertaining, all open to your large bright updated kitchen. Tons of fine cabinetry! Ample closets and storage throughout! Plush carpeting in the hall and bedrooms. The wall between the first two bedrooms is removable, should you wish. LED lighting with fans, and fantastic windows for the stunning views! TWO parking garage spaces and the building also includes Swimming Pool, Hot tub, Full Gym, and many utilities included, with fabulous outdoor areas to enjoy. Double balconies, with an outdoor "shed" walk-in closet to boot. The seller has lovingly invested into this unit and taken it truly over the top! We invite you to schedule a showing today, you'll love experiencing this elegant condo opportunity and feel right at home.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise, Ranch
  • Year Built: 1974
  • Stories: 1
  • Living Area: 1,512 SqFt

Listing Office:

  • Office Name: RE/MAX Crossroads Properties
  • Office Phone: (216) 389-5389
  • Listing Agent: Anna Lee Rindskopf

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Built-in Features, Ceiling Fan(s), Chandelier, Double Vanity, Eat-in Kitchen, Bar, Walk-In Closet(s)
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front, Waterfront
  • View: Lake
  • Exterior: Private Entrance

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Underground, Garage, Indoor

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 4.70 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North off of Lake Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $364,900
  • Price Per SqFt: $241/SqFt

HOA Fees:

  • Amount: $1264
  • Frequency: Monthly
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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

$304.3K

Med. Price/SqFt

$167

Avg. Days On Market

29

# of Sold Homes

48

12550 Lake Ave Unit 505 vs Lakewood

11 DAYS ON ROCKET

-18 Days

$364,900

+$60.5K More

$241/SqFt

+$74 More

KEY TAKEAWAY

This property is $60.5K more than the Median Sold Price and $74/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: #5088866

Listing Office:

  • Office Name: RE/MAX Crossroads Properties
  • Office Phone: (216) 389-5389
  • Listing Agent: Anna Lee Rindskopf

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: 12/17/2024, 11:21:02 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

$3,153

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,160

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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.

Nearby Schools

school-card-donut-4256916
6
/10

  • Emerson Elementary School

  • 13439 Clifton Blvd

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-4256917
7
/10

  • Harrison Elementary School

  • 2080 Quail St

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-4256918
5
/10

  • Louisa May Alcott Elementary School

  • 10308 Baltic Rd

  • 1.19 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,082. The most common annual income of people living in Lakewood, OH is between $35k-100k. Most families are 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

Frequently Asked Questions About 12550 Lake Ave Unit 505

What is the listing price of this property?

The listing price of 12550 Lake Ave Unit 505 property is $364,900.

What type of property is this?

The property 12550 Lake Ave Unit 505 is a condo located in Lakewood, Ohio, 44107.

Is this property for sale now?

Active Listing: 12550 Lake Ave Unit 505 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 505 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 12550 Lake Ave Unit 505 is 1,512 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12550 Lake Ave Unit 505 is 1974.

Rocket Homes›Ohio›Cuyahoga County›Lakewood›44107›12550 Lake Ave Unit 505

This home is located at 12550 Lake Ave Unit 505 in Lakewood, OH and zip code 44107. This 1,512 square foot home, which was built in 1974, sits on a 4.70 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $364,900.

While more than 18 listings in Lakewood, OH in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 26 were sold below. The inventory of homes for sale in Lakewood, OH between October 2024 and November 2024 decreased by 13.9%. While the average time on the market in November 2024 was 29 days, the median list price was $304,375.

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

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