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12700 Lake Ave

Lakewood, OH 44107

2 bd 2 ba 1,328 sqft Built 1962 Lot 417,000 sqft condos
Most recent sale
$350,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 7, 2025 Sold $395,000 MLSNOW
Jun 3, 2025 Listed $399,000 MLSNOW
Jul 18, 2022 Sold $350,000 MLS #4382649
Jun 17, 2022 Listed $350,000 MLS #4382649
Feb 26, 1996 Sold $121,000 Public Record
Aug 5, 1983 Sold $95,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $112,670 $9,840 $122,510 $8,017
2024 $112,670 $9,840 $122,510 $8,032
2022 $77,770 $8,650 $86,420 $6,692
2021 $77,770 $8,650 $86,420 $6,625
2020 $60,760 $6,760 $67,520 $5,939
2019 $60,760 $6,760 $67,520 $5,825
2018 $60,760 $6,760 $67,520 $5,816
2017 $46,450 $5,150 $51,600 $4,755
2016 $46,450 $5,150 $51,600 $4,722
2015 $46,450 $5,150 $51,600 $4,722
2014 $40,390 $4,480 $44,870 $4,273
2013 $40,390 $4,480 $44,870 $4,228
2012 $40,390 $4,480 $44,870 $3,798
2010 $48,650 $5,390 $54,040 $4,461
2009 $48,650 $5,390 $54,040 $4,082
2008 $51,765 $5,740 $57,505 $4,146
2007 $51,770 $5,740 $57,510 $4,085

Property facts

Year built
1962
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,328 sqft
Lot size
417,000 sqft
ZIP code
44107
City
Lakewood
Street
Lake Ave
Coordinates
41.49308, -81.77865

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,992
Gross rental yield
6.83%
Implied cap rate
4.44%
Trend-extrapolated value

Frequently asked questions

When did 12700 Lake Ave last sell?
12700 Lake Ave most recently sold on Jul 18, 2022 for $350,000.
What is the current tax assessment for 12700 Lake Ave?
The most recent total assessment for 12700 Lake Ave (year 2025) is $122,510 with $8,017 in property tax.
How does 12700 Lake Ave's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $350,000.
When was 12700 Lake Ave built?
12700 Lake Ave was built in 1962.
How does 12700 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 12700 Lake Ave?
12700 Lake Ave is a 2 bed, 2 bath, 1,328 sqft, 417,000 sqft lot condos.
Is 12700 Lake Ave a flip candidate?
No — 12700 Lake Ave does not appear in our flips dataset.
Is 12700 Lake Ave a tax-appeal candidate?
No — 12700 Lake Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.3%
Implied 1-yr
+9.2%
2026 Q3
$352.9K
2026 Q4
$359.9K
ZIP 44107 — Median Price History + Forecast

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