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15400 Hilliard Rd, Lakewood, OH, 44107

4beds
2baths
1,926sqft
$249,900
$130price/sqft
$1,963/moest. monthly cost
$78,520/yrincome needed

About This Home

GREAT PRICE FOR THE AREA! HISTORIC CHARM WITH MAJOR UPDATES! MLS OHFA ELIGIBLE! Qualified buyers may be eligible for Ohio Housing Finance Agency (OHFA) programs, including First-Time Homebuyer, Ohio Heroes, and down payment assistance options. Eligible borrowers may qualify for interest rates as low as 3.50%-3.75% on qualifying loan programs. Contact an approved OHFA lender for current rates and eligibility details. Charming 4-bedroom, 1.5-bath Colonial located near amenities and minutes from Downtown Cleveland. This character-filled home features hardwood floors, built-in cabinetry, a decorative fireplace, formal dining room, and spacious living areas, along with numerous updates completed within the last five years. The living room features hardwood floors, built-ins, newer windows, and a ceiling fan. The formal dining room includes hardwood flooring, updated lighting, built-ins, and newer windows. The kitchen offers ample counter space, waterproof vinyl flooring, and all appliances convey. Upstairs are three bedrooms and a full bath, while the finished third floor provides flexible space for a fourth bedroom, office, playroom, or hobby room. The basement includes a laundry area (dryer included), half bath, and partially finished rec room. Major updates include a complete roof tear-off, furnace, central air, hot water tank, many replacement windows, carpeting, lighting, waterproof flooring, garbage disposal, and dishwasher. Now vacant and no longer tenant occupied, this property is ideal for owner-occupants or investors. INVESTOR ALERT - POTENTIAL NOI INCREASE OPPORTUNITY. Shared driveway with two designated parking spaces. Just a short distance away from Wagar Park with playgrounds, tennis courts, and green space. Individual property sale, but Seller will consider a portfolio package with 3704 Dawning Ave., Cleveland, and 3513 Dawning., Cleveland. Discounted pricing may be available for bundled purchases. Listing photos were taken prior to tenant occupancy.

Getting Around

87
WalkingVery Walkable
40
TransitSome Transit
67
BikeBikeable

Schools

9/10
Grant Elementary SchoolGrades PK-50.3 mi
8/10
Harding Middle SchoolGrades 6-80.5 mi
7/10
Lakewood High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1915

Materials

  • Foundation: Block
  • Roof: Asphalt,Fiberglass
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: In Basement,Laundry Tub,Sink

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedroom

  • Level: Third
  • Dimensions: 20 x 16

Bedroom

  • Level: Second
  • Dimensions: 11 x 9

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 12 x 11

Eat In Kitchen

  • Level: First
  • Dimensions: 14 x 8

Family Room

  • Features: Bar
  • Level: Basement
  • Dimensions: ND x ND

Features

  • Bookcases,Built-in Features,Ceiling Fan(s),Dry Bar,Eat-in Kitchen,Laminate Counters,See Remarks,Storage,Bar,Natural Woodwork
  • Window features: Double Pane Windows,Storm Window(s),Wood Frames
  • Number of fireplaces: 2
  • Fireplace features: Bedroom,Decorative,Family Room
  • Fireplace: Yes
  • Finished area below ground: 196
  • Finished area above ground: 1,730

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,926
  • Total interior livable area: 1,926 sqft

Laundry

  • Level: Basement
  • Dimensions: ND x ND

Living Room

  • Level: First
  • Dimensions: 23 x 13

Primary Bedroom

  • Level: Second
  • Dimensions: 15 x 9

Property

Details

  • Parcel number: 31402013

Features

  • Levels: Three Or More,Two
  • Stories: 2
  • Patio & porch: Front Porch
  • Fencing: None
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 3,920 sqft
  • Features: See Remarks

Parking

  • Parking features: Shared Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,263$15,156
Home Insurance *$101$1,212
Property Taxes $393$4,716
Electricity $206$2,478
Total$1,963$23,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,302/yr
40% on housing$58,890/yr
45% on housing$52,346/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 44107$169
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44107$212
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-27Price change$249,900
2026-01-05Price change$265,000
2025-10-23Price change$275,000
2025-03-06Listing removed$2,000
2025-02-18Listed for rent$2,000
2024-12-23Listing removed$2,000
2024-12-15Listed for rent$2,000
2024-12-06Listing removed$2,000
2024-11-21Price change$2,000
2024-11-02Listed for rent$2,200
2024-06-15Price change$299,000
2024-05-02Price change$315,900
2024-04-01Price change$319,900
2024-03-20Listed for sale$335,000
2023-03-15Listing removed--
2023-01-20Price change$2,200
2023-01-14Listed for rent$2,400
2022-10-11Sold$141,000
2022-09-25Pending sale$167,000
2022-08-16Listed for sale$167,000
2022-08-03Pending sale$167,000
2022-08-01Price change$167,000
2022-07-20Listed for sale$179,000
2014-03-28Listing removed$89,900
2013-11-08Price change$89,900
2013-10-11Listed for sale$94,957
2001-02-28Sold$88,000

For Sale by Agent

AgentKimberly Kepling
BrokerageRussell Real Estate Services

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