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1283 Summit Avenue

1283 Summit Avenue, Lakewood, OH 44107
Property in Lakewood
Sold Oct 06, 2017
$196,000
$143,500 by Primelending
Mortgage Due Oct 01, 2051
Sold Nov 30, 2007
$127,000
$70,000 by Citimortgage Inc
Mortgage Due Dec 01, 2037
1283 Summit Avenue in Lakewood, OH was first built in 1908 and is 116 years old. Although, the building on the property was most recently renovated and altered in 1962. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1283 Summit Avenue has 1,768 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 5,040 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of slate. Water for the property is sourced from a municipal system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a detached garage. The garage is 216 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1283 Summit Avenue sold most recently in Oct 4, 2017 for a total of $196,000. If you work out the math, that's approximately a cost of $66.31 per sqft. Before that, the property was also sold for $127,000 in Nov 26, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,684 in taxes each year. 1283 Summit Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $88,480. If we break it down further, the land itself was valued at $16,835. Improvements to the property, however, were assessed at a total of $71,645. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,188
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,040
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,956
  • Gross Building Area: 3,049
  • Building Area: 1,768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,768
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEWELL
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 22 NEWELL 0148 ALL

Ownership

  • Current Owner : PEARL ALXANDER
  • Current Owner 2: PEARL KATHERINE
  • Previous Owner : PERUSEK GAIL P
  • Previous Owner 2: WHITE LINDA D
  • Owner Before Previous Owner: RICKETTI GUY VINCENT
  • Owner Before Previous Owner 2: RICKETTI VIRGINIA LOWES

Neighborhood

  • School District Name: Lakewood City School District
  • School Tax School District: LAKEWOOD CSD
  • Census Tract: 160300

Zoning

  • Zoning: R1H

Geography

  • Assessors Map Reference: 311-32
  • Parcel: 311-32-081
  • Lot: 148
  • Municipality: LAKEWOOD
  • Latitude: 41.4884
  • Longitude: -81.8068

    Address

  • Full Address: 1283 Summit Ave
  • Address - House Number: 1283
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lakewood
  • Carrier Code: C021
  • 4-Digit Zip Code: 2442
  • Zip Code: 44107

Valuation

    Tax

  • Total Area: 1,768
  • Tax Year: 2022
  • Tax Amount: $6,684
  • Tax Rate Code Area: LAKEWOOD

    Appraisal Valuation

  • Standard Deviation: 0.2621
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 342,013
  • High Value: 431,660
  • Low Value: 252,366

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,500
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Loan Amount: $143,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $252,800
  • Market Land Value: $48,100
  • Market Improvement Value: $204,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,480
  • Assessed Land Value: $16,835
  • Assessed Improvements Value: $71,645

    Sales

  • Current Sale Contract Date: Oct 04, 2017
  • Current Sale Recording Date: Oct 06, 2017
  • Current Sale Transaction ID: 1397807583
  • Current Sale Price: $196,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201710060623
  • Previous Sale Recording Date: Nov 30, 2007
  • Previous Sale Contract Date: Nov 26, 2007
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WESTFIELD BANK FSB
  • First Mortgage Transaction Date: Oct 06, 2017
  • First Mortgage Loan Amount: $146,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 30, 2007
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Lakewood



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14217-19 Athens Avenue #UP, Lakewood, OH, 44107 Listing by Christina Carpadis

Frequently Asked Questions

What neighborhood is 1283 Summit Avenue located in?
The 1283 Summit Avenue is a located in the neighborhood of Lakewood in Lakewood, Lakewood.
What is the average sales price for listings in 1283 Summit Avenue?
The average sales price for units in 1283 Summit Avenue is $0 currently.

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