Check Availability

13963 Lake Avenue

13963 Lake Avenue, Lakewood, OH 44107
Property in Lakewood
Sold Jul 24, 2023
$625,000
$468,750 by Union Capital Mortgage Corp
Mortgage Due Aug 01, 2053
Sold Jul 24, 2008
$317,000
Buyer
$285,300 by Fifth Third Mortgage Co
Mortgage Due Aug 01, 2038
13963 Lake Avenue has been categorized by the local assessors in Lakewood, OH as a residential type of property. The building on the property was first built in 1922 and is 102 years old. However, we must point out that the home was most recently renovated and altered in 1972. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 13963 Lake Avenue has 2,619 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,980 ft and across the front of the lot is 680 ft. The area measurement of the land has been determined as 13,464 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gambrel style roof made of tile. The exterior walls of the building are made of brick. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a steam heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 13963 Lake Avenue sold most recently in Jul 12, 2023 for a total of $625,000. If you work out the math, that's approximately a cost of $149.45 per sqft. Before that, the property was also sold for $317,000 in Jul 22, 2008. 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 $12,444 in taxes each year. 13963 Lake Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $164,745. If we break it down further, the land itself was valued at $38,500. Improvements to the property, however, were assessed at a total of $126,245. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1922
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,143
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,464
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 680
  • Total Building Area: 4,182
  • Gross Building Area: 4,182
  • Building Area: 2,619
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Steam
  • Heated Square Feet: 2,619
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: O K REALTY COS
  • Land Acres: 0.309
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 22 OKRCO S/L 3 WP WP 206.61FT W OF ROSE LANE 0002 ALL

Ownership

  • Current Owner : FEAZEL LAWRENCE EDWARD
  • Current Owner 2: FEAZEL JENNIFER KATHLEEN
  • Previous Owner : KAPUR RAHI
  • Previous Owner 2: KAPUR JILLIAN
  • Owner Before Previous Owner: MCFADDEN ELLEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Lakewood City School District
  • School Tax School District: LAKEWOOD CSD
  • Census Tract: 160500

Zoning

  • Zoning: R1M

Geography

  • Assessors Map Reference: 312-18
  • Parcel: 312-18-010
  • Lot: 2
  • Municipality: LAKEWOOD
  • Latitude: 41.4925
  • Longitude: -81.7934

    Address

  • Full Address: 13963 Lake Ave
  • Address - House Number: 13963
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lakewood
  • Carrier Code: C008
  • 4-Digit Zip Code: 2659
  • Zip Code: 44107

Valuation

    Tax

  • Total Area: 2,619
  • Tax Year: 2022
  • Tax Amount: $12,444
  • Tax Rate Code Area: LAKEWOOD

    Appraisal Valuation

  • Standard Deviation: 0.2479
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 636,915
  • High Value: 794,829
  • Low Value: 479,001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,750
  • First Open Lien Mortgage Lender: UNION CAPITAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 24, 2023
  • First Open Lien Mortgage Loan Amount: $468,750
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $470,700
  • Market Land Value: $110,000
  • Market Improvement Value: $360,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $164,745
  • Assessed Land Value: $38,500
  • Assessed Improvements Value: $126,245

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Transaction ID: 11910257780
  • Current Sale Price: $625,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 443
  • Previous Sale Recording Date: Jul 24, 2008
  • Previous Sale Contract Date: Jul 22, 2008
  • Previous Sale Amount: $317,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION CAPITAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 24, 2023
  • First Mortgage Loan Amount: $468,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 24, 2008
  • Previous Mortgage Loan Amount: $285,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Lakewood



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 12050 Lake Avenue, Lakewood, OH, 44107

$1,200 /mo

  • 2 Beds
  • 1 Bath
12050 Lake Avenue #409, Lakewood, OH, 44107 Listing by Jordan Fleischer
Unit for rent at 12900 Lake Avenue, Lakewood, OH, 44107

$1,750 /mo

  • 2 Beds
  • 1 Bath
12900 Lake Avenue #1510, Lakewood, OH, 44107 Listing by Brooke Bodnar
Unit for rent at 1235 Donald Avenue, Lakewood, OH, 44107

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
1235 Donald Avenue #UP, Lakewood, OH, 44107 Listing by Gregory Erlanger
Unit for rent at 2031 Robin Street, Lakewood, OH, 44107

$995 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
2031 Robin Street #2, Lakewood, OH, 44107 Listing by Amy Nair
Unit for rent at 1675 Woodward Avenue, Lakewood, OH, 44107

$1,120 /mo

  • 1 Bed
  • 1 Bath
  • 725 ft²
1675 Woodward Avenue #5, Lakewood, OH, 44107 Listing by Anthony Apotsos
Unit for rent at 13513 Clifton Boulevard, Lakewood, OH, 44107

$1,080 /mo

  • 1 Bed
  • 1 Bath
  • 940 ft²
13513 Clifton Boulevard #3, Lakewood, OH, 44107 Listing by Anthony Apotsos
Unit for rent at 2233 Bunts Road, Lakewood, OH, 44107

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,666 ft²
2233 Bunts Road #DOWN, Lakewood, OH, 44107 Listing by Gregory Erlanger

Frequently Asked Questions

What neighborhood is 13963 Lake Avenue located in?
The 13963 Lake Avenue is a located in the neighborhood of Lakewood in Lakewood, Lakewood.
What is the average sales price for listings in 13963 Lake Avenue?
The average sales price for units in 13963 Lake Avenue is $0 currently.

Quantcast