$415,000

12550 Lake Ave Unit 1501-1507 Lakewood, OH 44107

$4,928
Closing credit¹
3 beds
2 full, 1 partial
2,352 sqft
4.7 acres
$176 / sqft
Condo

Property details

About 12550 Lake Ave Unit 1501-1507

Welcome to your escape without leaving the city! This rare unit covers over 2000 sqft of living space, and has a huge living room with spectacular views of the lake and downtown Cleveland. This home and the amenities it comes with is made for entertaining and escaping the stress of your day. Enjoy the peace and relaxation that the enormous master bedroom offers along with its walk out balcony to see the sunrise in the morning along with his and hers walk in closets. But don't forget your entertainment is not limited to your unit! Head down the elevator or stairs if you feel adventurous and choose between the workout center, heated indoor pool, the outdoor pool, racquetball, or hot tub. But you also can exercise your mind with the game room that offers a chess board, pool table, or choose from one of the many books available to read. All this with great shopping and restaurants nearby and 24/7 security to great you with a smile every time you come home!

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,352 sqft
Lot size4.7027 Acres
Year built1974
ParkingAssigned, Underground, Garage, On Site, Off Street, Paved
MLS #5037967
Garage2 spaces
WaterfrontLake Front
ViewCity, Lake, Pool
Private poolYes

Summary

  • MLS Number: 5037967
  • MLS Name: NOWDD
  • Office Name: Russell Real Estate Services
  • Office Phone: (419) 366-0131
  • Office Email: forbrentsmith@gmail.com
  • Listing Agent: Brent Smith

IDXCopyright 2025 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: 3/15/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property

$415,000

12550 Lake Ave Unit 1501-1507

$4,928

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Emerson Elementary School

Public District PK-5

0.4 mi

13439 Clifton Blvd

7

Harrison Elementary School

Public District PK-5

1.1 mi

2080 Quail St

5

Louisa May Alcott Elementary School

Public District KG-5

1.2 mi

10308 Baltic Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,082. The most common annual income of people living in Lakewood, OH is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

21%
<35k
42%
35k-100k
33%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

77%
Single, No Kids
2%
Single, with Kids
16%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • TennisTennis

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12550 Lake Ave Unit 1501-1507

This home is located at 12550 Lake Ave Unit 1501-1507 in Lakewood, OH and zip code 44107. This 2,352 square foot home, which was built in 1974, sits on a 4.70 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $415,000.

In February 2025 more than 12 listings in Lakewood, OH were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 15 were sold below. The inventory of homes for sale in Lakewood, OH between January and February 2025 increased by 4.9%. In February 2025 median list price was $313,386 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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