5 months on rocket

1550 Lakeland Ave, Lakewood, OH, 44107

$194,900

Home List Price

$2,314*

Closing Credit

3 Bedrooms
1 Full Bath
1,161 SqFt
$168/SqFt
House

Location

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1550 Lakeland Ave, Lakewood$194,900

Buyer Closing Credits

$2,314*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Garage2 spaces
Year Built1905
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #5054955
Lot Size0.10 Acres
StatusActive

About 1550 Lakeland Ave

Calling all investors! Here is a great opportunity to increase your real estate portfolio in one of Cleveland’s hottest cities. Situated on a residential street in a quaint neighborhood, the setting is perfect for a solid investment. With a little elbow grease, this home is sure to command top dollar and a long list of interested tenants. Don’t miss this one!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1905
  • Stories: 2
  • Living Area: 1,161 SqFt

Listing Office:

  • Office Name: Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
  • Office Email: crr.realestate@gmail.com
  • Listing Agent: Patrick R Riley

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: By Hillard Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,900
  • Price Per SqFt: $168/SqFt

Tax Information:

  • Annual Amount: $4,344
  • Tax Year: 2020
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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

1550 Lakeland Ave vs Lakewood

155 DAYS ON ROCKET

+126 Days

$194,900

-$109.4K Less

$168/SqFt

+$1 More

KEY TAKEAWAY

This property is $109.4K less than the Median Sold Price and $1/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: #5054955

Listing Office:

  • Office Name: Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
  • Office Email: crr.realestate@gmail.com
  • Listing Agent: Patrick R Riley

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: 12/22/2024, 2:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,344$50,790
2019$4,257$50,790
2018$4,251$50,790
2017$3,674$39,870

History based on county public records data.

Payment Calculator

$1,040

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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-854366
7
/10

  • Grant Elementary School

  • 1470 Victoria Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-854367
8
/10

  • Lincoln Elementary School

  • 15615 Clifton Blvd

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-854368
6
/10

  • Hayes Elementary School

  • 16401 Delaware Ave

  • 0.72 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,199. Typical income of Lakewood, OH residents is between $35k-100k annually. 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

Frequently Asked Questions About 1550 Lakeland Ave

What is the listing price of this property?

The listing price of 1550 Lakeland Ave property is $194,900.

What type of property is this?

The property 1550 Lakeland Ave is a house located in Lakewood, Ohio, 44107.

Is this property for sale now?

Active Listing: 1550 Lakeland Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,344 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1550 Lakeland Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1550 Lakeland Ave is 1,161 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1550 Lakeland Ave is 1905.

Rocket Homes›Ohio›Cuyahoga County›Lakewood›44107›1550 Lakeland Ave

This home is located at 1550 Lakeland Ave in Lakewood, OH and zip code 44107. This 1,161 square foot home, which was built in 1905, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $194,900.

In November 2024 more than 18 listings in Lakewood, OH were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 26 were sold below. The number of homes for sale in Lakewood, OH decreased by 13.9% between October 2024 and November 2024. 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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