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16309 Lake Avenue

16309 Lake Avenue, Lakewood, OH 44107
Property in Lakewood
Sold Dec 02, 2020
$301,000
$255,850 by Lendus Llc
Mortgage Due Jan 01, 2051
Sold Aug 31, 2015
$215,000
$182,750 by First National Bank Of Pennsyl
Mortgage Due Sep 01, 2045
16309 Lake Avenue in Lakewood, OH was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1982. 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 are 2 partial bathrooms. 16309 Lake Avenue has 1,313 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 basement is 907 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 490 ft and the linear feet between the front and back of the lot is 1,880. In total, the area measurement of the land is 9,212 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 asphalt. 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 attached garage. The garage is 276 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16309 Lake Avenue was last sold in Dec 1, 2020 for $301,000. According to our calculations, that's $120.59 per sqft. Prior to that sales transaction, the property was sold for $215,000 in Aug 28, 2015. Current property owners are expected to pay $7,715 in taxes per year. The property on 16309 Lake Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $102,130. To break that down further, the land itself was valued at $28,105. While improvements to the property were assessed at a total of $74,025. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 907
  • Garage Type: Attached
  • Garage Square Area: 276
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,212
  • Lot Size Depth Feet: 1,880
  • Lot Size Frontage Feet: 490
  • Total Building Area: 2,496
  • Gross Building Area: 2,496
  • Building Area: 1,313
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,313
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTLKPK
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 23 WESTLKPK 0058 ALL

Ownership

  • Current Owner : FERLINE EMILY R
  • Current Owner 2: SHREVE DEXTER J
  • Previous Owner : PATEK DANIEL L
  • Owner Before Previous Owner: DRENNAN JANE ELLEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1H

Geography

  • Assessors Map Reference: 311-28
  • Parcel: 311-28-008
  • Lot: 58
  • Municipality: LAKEWOOD
  • Latitude: 41.4927
  • Longitude: -81.8112

    Address

  • Full Address: 16309 Lake Ave
  • Address - House Number: 16309
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lakewood
  • Carrier Code: C049
  • 4-Digit Zip Code: 1250
  • Zip Code: 44107

Valuation

    Tax

  • Total Area: 1,313
  • Tax Year: 2022
  • Tax Amount: $7,715
  • Tax Rate Code Area: LAKEWOOD

    Appraisal Valuation

  • Standard Deviation: 0.2189
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 382,529
  • High Value: 466,297
  • Low Value: 298,760

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $348,850
  • First Open Lien Mortgage Lender: LENDUS LLC
  • First Open Lien Mortgage Recording Date: Dec 02, 2020
  • First Open Lien Mortgage Loan Amount: $255,850
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Lender: SPRING EQ LLC
  • Second Open Lien Mortgage Recording Date: Jul 22, 2022
  • Second Open Lien Mortgage Loan Amount: $93,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 09, 2052

    Market Valuation

  • Market Total Value: $291,800
  • Market Land Value: $80,300
  • Market Improvement Value: $211,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,130
  • Assessed Land Value: $28,105
  • Assessed Improvements Value: $74,025

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11813655468
  • Current Sale Price: $301,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202012020508
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Contract Date: Aug 28, 2015
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDUS LLC
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $255,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • Previous Mortgage Transaction Date: Aug 31, 2015
  • Previous Mortgage Loan Amount: $182,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About Lakewood



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Frequently Asked Questions

What neighborhood is 16309 Lake Avenue located in?
The 16309 Lake Avenue is a located in the neighborhood of Lakewood in Lakewood, Lakewood.
What is the average sales price for listings in 16309 Lake Avenue?
The average sales price for units in 16309 Lake Avenue is $0 currently.

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