Sold900d on marketHistoric · 115 yrs
1489 Newman Ave
Lakewood, OH, 44107 • 44107 • Cuyahoga County
$250,000
$88/sqft
4Beds
2Baths
2,829Sqft
0.12 acLot
1911Built
Property DNA
Character Home
Built 1911 · 115 years of history
Market activity
Demand and pricing signals for this listing
17 views
People checking out this listing
900 days on market
Established listing
$88/sqft
Price per square foot
About this home
Multi Family · Built 1911 · Historic
Charming 2 Unit Multi-Family Home nestled in the heart of Lakewood, Ohio. This multi-family home with a slate roof & tons of natural woodwork offers the perfect blend of vintage charm and modern convenience. The home features a welcoming front porch, perfect for enjoying warm summer evenings or greeting neighbors passing by. In addition to its comfortable living spaces, this two-unit multi-family home offers a lucrative investment opportunity...average 2 bedroom rents in the area are $1300+ per month. Many updates have been done including thermal pane vinyl windows, waterproofing, drain tiles to street replaced, newer siding & more! Whether you choose to rent both units or occupy one & rent the other, this property presents a versatile investment with long-term potential. Lakewood, Ohio, is renowned for its vibrant community & amenities. Residents of this home can enjoy: Proximity to Edgewater Beach, Whiskey Island Marina and Lakewood Park, a scenic lakeside park with a promenade, play
Estimated monthly payment
Based on current rates
$1,569/month
Principal & Interest$1,236
Property Tax$250
Insurance$83
Down payment20% ($50,000)
3%50%
Est. 6.28% rate · 30yr fixed · $200,000 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex, Multi Family
Year Built1911
HeatingForced Air, Gas
CoolingNone
ParkingNo Garage, Paved
Property
Home typeMulti Family
Sub-typeDuplex, Multi Family
Year built1911
Stories2
Systems
HeatingForced Air, Gas
CoolingNone
RoofAsphalt,Fiberglass
ConstructionVinyl Siding
Water / SewerPublic
Parking & Outdoor
ParkingNo Garage, Paved
BasementCommon Basement,Full
Lot5,079 sqft
Location & Tax
Neighborhood44107
Annual tax$3,570
Parcel31514083
Bathrooms & Fees
Full baths2
Features & details
5 categories of property features
Interior Features
Heating
Forced Air
Gas
Cooling
None
Laundry
Common Area
Exterior Features
Parking
No Garage
Paved
Construction
Vinyl Siding
Listing insights
Market data and value estimates
StatusSold
Days on market900
Est. value$282,400
Est. rent$1,604/mo
Tax rate1.92%
Price/sqft$88
On marketDec 6, 2023
PostedDec 6, 2023
Last sold$250,000
MLS updatedOct 23, 2023
Tour days6
Views17
How are the schools in Lakewood?
3 schools rated nearby
Location
Lakewood, OH, 44107
Price history
4 events
DateEventPrice$/sqftSource
Oct 20, 2023Sold$250,000$88MLS Now
Oct 2, 2023Pending Sale$245,000$87MLS Now
Sep 15, 2023Contingent$245,000$87MLS Now
Sep 12, 2023Listed For Sale$245,000$87MLS Now
Sold$250,000
Oct 20, 2023•$88/sqft•MLS Now
Pending Sale$245,000
Oct 2, 2023•$87/sqft•MLS Now
Contingent$245,000
Sep 15, 2023•$87/sqft•MLS Now
Listed For Sale$245,000
Sep 12, 2023•$87/sqft•MLS Now
Tax history
22 years of records
YearTax paidAssessed value
Apr 8, 2024$4,847$74,800
Apr 8, 2023$3,547$46,870
Apr 8, 2022$3,570$46,870
Apr 8, 2021$3,534$46,870
Apr 8, 2020$2,847$33,010
Apr 8, 2019$2,836$33,000
Apr 8, 2018$2,789$33,010
Apr 8, 2017$2,690$28,950
Apr 8, 2016$2,672$28,950
Apr 8, 2015$2,672$28,950
Apr 8, 2014$2,781$28,950
Apr 8, 2013$2,752$28,950
Apr 8, 2012$2,474$28,950
Apr 8, 2011$2,517$30,110
Apr 8, 2010$251$30,110
Apr 8, 2009$2,297$30,110
Apr 8, 2005$2,186$28,950
Apr 8, 2004$2,165$28,950
Apr 8, 2003$2,000$28,950
Apr 8, 2002$1,792$25,270
Apr 8, 2001$3,265$25,270
Apr 8, 2000$3,267$25,270
Nearby homes
Neighborhood details
Local context around this listing
Lakewood, OH • Cuyahoga County
Nearby cities
ClevelandCleveland HeightsEuclidGarfield HeightsLakewoodNorth OlmstedNorth RoyaltonParma
Nearby zip codes
44107
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