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12700 Lake Ave

Lakewood, OH 44107

2 bd 2 ba 1,136 sqft Built 1962 Lot 417,000 sqft condos
Most recent sale
$250,000
Jul 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2025 Listing removed $1,950 MLSNOW
Dec 2, 2022 Sold $265,000 MLSNOW
Oct 23, 2022 Price changed $279,500 MLS #4361365
Jul 30, 2022 Price changed $289,000 MLS #4361365
May 31, 2022 Price changed $299,500 MLS #4361365
May 8, 2022 Price changed $309,500 MLS #4361365
Apr 7, 2022 Listed $319,500 MLS #4361365
Jul 9, 2021 Sold $250,000 Public Record
Dec 18, 2012 Sold $105,000 MLS #3150357
Jul 6, 2010 Listed $130,000 MLS #3150357
Jul 15, 1987 Sold $89,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $86,070 $6,690 $92,760 $6,099
2024 $86,070 $6,690 $92,760 $6,110
2022 $52,190 $5,780 $57,970 $4,532
2021 $52,190 $5,780 $57,970 $4,588
2020 $40,780 $4,520 $45,300 $4,117
2019 $40,780 $4,520 $45,300 $4,044
2018 $40,780 $4,520 $45,300 $3,945
2017 $32,240 $2,700 $34,940 $3,219
2016 $32,240 $2,700 $34,940 $3,197
2015 $32,240 $2,700 $34,940 $3,197
2014 $21,210 $2,350 $23,560 $2,243
2013 $21,210 $2,350 $23,560 $2,220
2012 $24,260 $2,700 $26,960 $2,051
2010 $24,260 $2,700 $26,960 $2,288
2009 $24,260 $2,700 $26,960 $2,094
2008 $25,795 $2,870 $28,665 $2,125
2007 $25,800 $2,870 $28,670 $2,036

Property facts

Year built
1962
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,136 sqft
Lot size
417,000 sqft
ZIP code
44107
City
Lakewood
Street
Lake Ave
Coordinates
41.49297, -81.77892

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
$1,704
Gross rental yield
8.18%
Implied cap rate
5.32%
Trend-extrapolated value

Frequently asked questions

When did 12700 Lake Ave last sell?
12700 Lake Ave most recently sold on Jul 9, 2021 for $250,000.
What is the current tax assessment for 12700 Lake Ave?
The most recent total assessment for 12700 Lake Ave (year 2025) is $92,760 with $6,099 in property tax.
How does 12700 Lake Ave's assessment compare to its last sale price?
The current assessment is 62.9% below the last sale price of $250,000.
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, 1,136 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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