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$121,000
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Property Description
Welcome home to this charming efficiency (only one in the building). Imagine living on the Gold Coast with Lake Erie as your view. This unit has been remodeled and features an open granite kitchen with a breakfast bar and is fully stainless-steel-applianced. The condo has luxury vinyl plank flooring, new bath cabinetry, lighting, and fixtures. The unit is tastefully updated and decorated. This unit features a newer HVAC system, a deeded, dedicated parking spot, and a storage locker. The Meridian offers Electric Car Charging Ports, 2 pools, a fitness center, racquetball, billiards, a hot tub, two party rooms, and a host of other amenities. The maintenance fee includes heat, water, sewer, 24/7 reception and security, and a slew of other perks. Leasing is permitted, making this a strong investment. Come learn about the benefits of owning a Condo and make this one your new home. Property can be sold FULLY FURNISHED.
Full Property Details
Full Property Details for 12550 Lake Ave #101
General
- Price: $121,000
- Taxes: $2,679 (2024)
- Status: Active
- Type: Condo
- Source: 505
- MLS ID: 5180686
- Updated: 2/13/2026
- Added to Site: 52 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Breakfast Bar, Eat-in Kitchen, Smart Thermostat, Wired for Sound
- Fireplace(s): None
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Other Rooms
- Laundry: Common Area, In Hall, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, Indoor, In Ground, Outdoor Pool, Salt Water, Community
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Built-in Barbecue, Barbecue, Dog Run, Gas Grill, Sprinkler/Irrigation, Lighting, Outdoor Grill
Parking
- Parking Features: Assigned, Circular Driveway, Driveway, No Garage, Parking Lot, Varies by Unit
Location
- County: Cuyahoga
- Township: Lakewood
- Subdivision: Meridian Condo
- Driving Directions: Gold Coast
- Direction Faces: East
School Information
- Elem School District: Lakewood CSD (Cuyahoga)- 1817
- Midd School District: Lakewood CSD (Cuyahoga)- 1817
- High School District: Lakewood CSD (Cuyahoga)- 1817
Community
- Assoc. Fees Include: Association Management, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Snow Removal, Security, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Property Detached: Yes
- Architectural Style: High Rise, Multiplex, Ranch
- Construction: Brick
- Basement Desc.: Common Basement, Exterior Entry, Interior Entry, Concrete, Storage Space
- Roof: Other
- Windows: Double Pane Windows
- Entry Floor Number: 101
- Stories/Levels: 1
- Square Feet: 544
- Living Area: 544 Sq. Ft.
- Finished Above Grnd: 544 Sq. Ft.
- Year Built: 1974
- Year Built Source: Public Records
Lot Features
- Property View: Lake, Trees/Woods
- Lot Size (Acres): 4.7027
- Lot Size: 4.7027
- Lot Size Source: Assessor
- Street Lights: Yes
- Lot Features: Lake Erie Front, Lake Front
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front
- Water Front View: Lake Front
- Lake Front: Yes
Financial Considerations
- Other Assoc Fees: $554
- Other Fee Freq.: Monthly
- Tax Amount: $2,679
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 21 MERIDIAN COND .205% 0101
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 312-08-301
Listed by Fathom Realty, Jeff T Steinberg
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Schools
Schools serving 12550 Lake Ave #101
School District:Lakewood City School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Lakewood, OH 13439 Clifton Boulevard, Lakewood, OH 44107 | PK-5 | 0.4 mi |
Garfield Middle School, Lakewood, OH 13114 Detroit Avenue, Lakewood, OH 44107 | 6-8 | 0.5 mi |
Lakewood High School, Lakewood, OH 14100 Franklin Boulevard, Lakewood, OH 44107 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12550 Lake Ave #101
Date
Details
Price
Change
Source
2/13/2026
Price Reduced
$121,000
-8.26%
MLS
1/16/2026
Price Reduced
$131,900
-7.05%
MLS
1/13/2026
Listed
$141,900
37.9%
MLS
12/12/2024
Sold
$102,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12550 Lake Ave #101
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,614
-2%
$39,800
48%
2023
$2,679
25%
$26,890
—
2022
$2,142
1%
$26,890
—
2021
$2,122
15%
$26,880
28%
2020
$1,838
-2%
$21,000
—
2019
$1,869
71%
$21,000
—
2018
$1,091
11%
$21,000
12%
2017
$981
8%
$18,690
—
2016
$910
—
$18,690
—
2015
$910
27%
$18,690
15%
2014
$714
1%
$16,250
—
2013
$707
—
$16,250
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12550 Lake Ave #101
12550 Lake Avenue #101, Oakwood, OH 44107 (MLS# 5180686) is a Condo property with 0 bedrooms and 1 full bathroom. 12550 Lake Avenue #101 is currently listed for $121,000 and was received on January 13, 2026. Want to learn more about 12550 Lake Avenue #101? Do you have questions about finding other Condo real estate for sale in Oakwood? You can browse all Oakwood real estate or contact a Coldwell Banker agent to request more information.

