1 month on rocket

13503 Elbur Ln, Lakewood, OH, 44107

$449,000

Home List Price

$5,332*

Closing Credit

4 Bedrooms
2 Full Baths
2,225 SqFt
$202/SqFt
Multi

Location

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13503 Elbur Ln, Lakewood$449,000

Buyer Closing Credits

$5,332*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCommon, Driveway, Detached, Garage
Garage4 spaces
Year Built1959
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #5085941
Lot Size0.23 Acres
StatusActive

About 13503 Elbur Ln

Incredibly rare Lakewood duplex now available! This beautiful home makes for a perfect house hacking opportunity, or keep the long term-tenants in place for a cash-flowing portfolio building opportunity! Located on a unique Lakewood cul-de-sac, it sits on a large, private, wooded lot and has a younger 1959 build - all rare finds in popular Lakewood! The home has a unique brick exterior, huge yard and deep 4-car detached garage! Inside you'll find updated units with gorgeous hardwood floors, rear 3-season room for each unit, updated vinyl windows, central air for each unit, a previously waterproofed basement and newer furnaces! Each unit has 2 bedrooms, 1 bath, as well as a formal living and dining room and a kitchen with all appliances staying. The property has a partially finished basement with rec room and separate laundry hookups for each unit. Both units are well-kept by long-term tenants. The down unit is leased through 04/01/25 and the up unit through 03/31/25. With a nearly 10,000 sqft lot, this property also presents an opportunity to build additional units to increase value! Plus, the city of Lakewood Safety and Maintenance inspection has been recently completed with all items resolved! Located in a great area of Lakewood, it's right off Detroit Ave close to Lakewood and St Edwards High Schools, minutes from Lakewood Park and Downtown Lakewood, a short drive to downtown Cleveland, walkable to restaurants, boutiques, nightlife and more! This unbelievable opportunity will not last long- schedule a showing to see this stunner for yourself before it's gone!

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 2
  • Living Area: 2,225 SqFt

Listing Office:

  • Office Name: RE/MAX Haven Realty
  • Office Phone: (216) 232-2187
  • Listing Agent: Michael Azzam

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Common, Driveway, Detached, Garage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Off Elbur Ave, between Detroit Ave and Franklin Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,000
  • Price Per SqFt: $202/SqFt

Tax Information:

  • Annual Amount: $6,800
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lakewood, OH.

Med. Sold Price

$304.3K

Med. Price/SqFt

$167

Avg. Days On Market

29

# of Sold Homes

48

13503 Elbur Ln vs Lakewood

32 DAYS ON ROCKET

+3 Days

$449,000

+$144.6K More

$202/SqFt

+$35 More

KEY TAKEAWAY

This property is $144.6K more than the Median Sold Price and $35/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: #5085941

Listing Office:

  • Office Name: RE/MAX Haven Realty
  • Office Phone: (216) 232-2187
  • Listing Agent: Michael Azzam

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: 12/21/2024, 8:21:04 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

Jun 08, 2017Home Sold
$204,000
Jul 25, 2014Home Sold
$168,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,800$77,700
2019$6,674$77,700
2018$6,666$77,700
2017$5,329$56,390

History based on county public records data.

Payment Calculator

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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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-784198
6
/10
  • Emerson Elementary School

  • 13439 Clifton Blvd

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-784199
7
/10
  • Harrison Elementary School

  • 2080 Quail St

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-784200
7
/10
  • Roosevelt Elementary School

  • 14237 Athens Ave

  • 0.84 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,303. Most Lakewood, OH residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Ohio›Cuyahoga County›Lakewood›44107›13503 Elbur Ln

This home is located at 13503 Elbur Ln in Lakewood, OH and zip code 44107. This 2,225 square foot home, which was built in 1959, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $449,000.

Over 18 listings were sold over their listed price in November 2024 in Lakewood, OH. In the same period over 26 listings were sold below the listed price and 4 listings were sold for the listed price. Between October 2024 and November 2024, Lakewood, OH real estate market has seen decrease in the number of listings by 13.9%. In November 2024 median list price was $304,375 and the average listing age was 29 days.

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

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