12550 Lake Ave
Lakewood, OH 44107
2 bd 2 ba 1,397 sqft Built 1974 condos
Most recent sale
$320,000
Feb 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 28, 2022 | Sold | $320,000 | MLS #4342396 |
| Jan 10, 2022 | Listed | $330,000 | MLS #4342396 |
| Nov 9, 2009 | Sold | $190,000 | MLS #2100931 |
| Sep 25, 2003 | Sold | $190,000 | Public Record |
| Jul 28, 2003 | Listed | $209,000 | MLS #2100931 |
| Jul 1, 1977 | Sold | $83,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $103,080 | $8,860 | $111,940 | $7,516 |
| 2024 | $103,080 | $8,860 | $111,940 | $7,527 |
| 2022 | $80,360 | $8,930 | $89,290 | $6,259 |
| 2021 | $80,360 | $8,930 | $89,290 | $6,197 |
| 2020 | $62,790 | $6,970 | $69,760 | $5,394 |
| 2019 | $62,790 | $6,970 | $69,760 | $5,291 |
| 2018 | $62,790 | $6,970 | $69,760 | $5,283 |
| 2017 | $43,540 | $4,830 | $48,370 | $3,828 |
| 2016 | $43,540 | $4,830 | $48,370 | $3,626 |
| 2015 | $43,540 | $4,830 | $48,370 | $3,626 |
| 2014 | $37,870 | $4,200 | $42,070 | $3,173 |
| 2013 | $37,870 | $4,200 | $42,070 | $3,140 |
| 2012 | $37,870 | $4,200 | $42,070 | $2,820 |
| 2010 | $44,660 | $5,110 | $49,770 | $3,386 |
| 2009 | $44,660 | $5,110 | $49,770 | $3,098 |
| 2008 | $47,530 | $5,425 | $52,955 | $3,187 |
| 2007 | $47,530 | $5,430 | $52,960 | $3,141 |
Property facts
Year built
1974
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,397 sqft
Lot size
—
ZIP code
44107
City
Lakewood
Street
Lake Ave
Coordinates
41.49226, -81.77754
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,096
Gross rental yield
7.86%
Implied cap rate
5.11%
Trend-extrapolated value
—
Frequently asked questions
When did 12550 Lake Ave last sell?
12550 Lake Ave most recently sold on Feb 28, 2022 for $320,000.
What is the current tax assessment for 12550 Lake Ave?
The most recent total assessment for 12550 Lake Ave (year 2025) is $111,940 with $7,516 in property tax.
How does 12550 Lake Ave's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $320,000.
When was 12550 Lake Ave built?
12550 Lake Ave was built in 1974.
How does 12550 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 12550 Lake Ave?
12550 Lake Ave is a 2 bed, 2 bath, 1,397 sqft condos.
Is 12550 Lake Ave a flip candidate?
No — 12550 Lake Ave does not appear in our flips dataset.
Is 12550 Lake Ave a tax-appeal candidate?
No — 12550 Lake Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.3%
Implied 1-yr
+9.2%
2026 Q3
$352.9K
2026 Q4
$359.9K
ZIP 44107 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave