Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lakewood, OH area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Lakewood, OH and much more. Save thousands at closing with home foreclosure listings in Lakewood, OH — up to 75% off market value!
Lakewood is a city in Cuyahoga County, Ohio, United States. It is part of the Greater Cleveland Metropolitan Area, and borders the city of Cleveland. The population was 52,131 at the 2010 United States Census, making it the third largest city in Cuyahoga County, behind Cleveland (396,815) and Parma (81,601).
Lakewood, one of Cleveland's inner-ring suburbs, borders the city of Cleveland to the west. Lakewood's population density is the highest of any city in Ohio and is roughly comparable to that of Washington, DC.
Lakewood was incorporated as a village in 1889, and named for its lakefront location.
The wilderness west of the Cuyahoga River was delayed being settled due to a treaty the federal government made with the Indians in 1785, whereby no white man was to settle on that land. Consequently, when Moses Cleaveland arrived in 1796, his activities were confined to the east side of the river. Subsequently, in Detroit, Michigan, on January 18, 1796, twenty-nine leaders of the Ottawa, Chippewa, and other tribes signed another treaty that provided for the lease of the lands west of the Cuyahoga River for 999 years for the sum of five shillings per acre.
But it wasn’t until the treaty of July 4, 1805, that the lands actually opened and settlers permanently inhabited the territory. The treaty was approximately $5,000, which included the cost of rum, tobacco, and presents, as well as the fees for commissioners, agents, and contractors. This land in Ohio—an area now occupied by Lakewood, Rocky River, Fairview Park, and the section of Cleveland known as West Park—was purchased from the Connecticut Land Company by a syndicate of six men headed by Judson Canfield on April 4, 1807, for the sum of $26,084.
Lakewood, the first suburb west of Cleveland on the shores of Lake Erie, began as Township 7, Range 14, of the Connecticut Western Reserve in 1805. It was a wooded wilderness through which cut the old Huron Post Road that ran from Buffalo, New York, to Detroit, Michigan. In 1819 a small group of eighteen families living in the area of present-day Lakewood, Rocky River, and part of Cleveland’s West Park neighborhood named the growing community Rockport Township. In April of that year, the first election took place in Rufus Wright’s tavern with a member of each household present. Three were elected as trustees: Henry Alger, Erastus Johnson, and Rufus Wright. Elected as overseers of the poor were James Nicholson and Samuel Dean. Henry Canfield was elected clerk. This type of government served Rockport for the next 70 years, with an election held each year.
In 1889 East Rockport, with 400 residents, separated from the township and became the Hamlet of Lakewood. Settlement accelerated rapidly, with Lakewood becoming a village with 3,500 residents in 1903. City status, with 12,000 residents, came just eight years later. By 1930 the population of Lakewood was 70,509.
The early settlers in Township 7 sustained their lives through farming. The land was ideal for fruit farming and many vineyards began to emerge. The fertile soil and lake climate that were ideal for producing crops is what attracted many people to move to the township. There was also vast amounts of trees to be used for building homes and other structures. The most common occupations in Lakewood were farming and the building trades.
Roads were the earliest influence on development in Lakewood. The Rockport Plank Road Company improved the old Detroit Road in 1848, opening a toll road from present-day West 25th Street in Cleveland to five miles west of the Rocky River. It continued operating as a toll road until 1901. A series of bridges spanning the Rocky River Valley, the first of which was built in 1821, improved commerce between Cleveland and the emerging communities to its west. An 1874 atlas of Cuyahoga County shows present-day main roads such as Detroit Avenue, Madison Avenue, Franklin Boulevard, Hilliard Road, Warren Road, and Riverside Drive.
Under the Ohio Common School Act of April 9, 1867, three schools were allotted to East Rockport, called 6, 8, and 10; they were later designated East, Middle, and West. Each school had one teacher. As the community began to grow and more schools were required, the school board adopted he policy of honoring Ohio’s presidents by assigning their names to the school buildings.
The Rocky River Railroad was organized in 1869 by speculators as an excursion line to bring Clevelanders to the resort area they developed at the mouth of the Rocky River. Financially unsuccessful as a pleasure and amusement venture, the line was sold to the Nickel Plate Railroad in 1881. The railroad line still exists today, running in an east-west direction north of Detroit Avenue.
Lakewood is governed by an elected mayor and elected council. The council has seven members, with four members representing wards in the city and the other three are at-large council members. Lakewood is represented in the U.S. House of Representatives by Marcy Kaptur (OH-9,D). In the state assembly it is represented by Michael Skindell (D) in the State Senate and by Nickie Antonio (D) in the State House. The expected expenditure for 2010 for the City of Lakewood is $33.7 million, with the city bringing in revenues of $34.03 million. The current income tax is 1.5%.
Lakewood is located at 41°28′51″N 81°48′1″W (41.480881, -81.800360), about 6 miles (9.7 km) west of downtown Cleveland.
According to the United States Census Bureau, the city has a total area of 6.69 square miles (17.33 km2), of which 5.53 square miles (14.32 km2) is land and 1.16 square miles (3.00 km2) is water.
88.12% spoke English, 3.01% Arabic, 1.84% Spanish, 1.02% Albanian, and 0.74% Hungarian as their first language.
As of the 2007 American Community Survey, the median income for a household in the city was $42,602, and the median income for a family was $59,201. Males had a median income of $42,599 versus $35,497 for females. The per capita income for the city was $26,939. About 10.9% of families and 14.3% of the population were below the poverty line, including 20.3% of those under age 18 and 10.5% of those age 65 or over. Of the city's population over the age of 25, 39.0% hold a bachelor's degree or higher.
Lakewood is a hotspot for immigrants, arriving mostly from the Middle East, Turkey and Albania. The foreign-born population was 8.7% in 2007.
As of the census of 2010, there were 52,131 people, 25,274 households, and 11,207 families residing in the city. The population density was 9,426.9 inhabitants per square mile (3,639.7/km2). There were 28,498 housing units at an average density of 5,153.3 per square mile (1,989.7/km2). The racial makeup of the city was 87.5% White, 6.4% African American, 0.3% Native American, 1.9% Asian, 1.3% from other races, and 2.7% from two or more races. Hispanic or Latino of any race were 4.1% of the population.
There were 25,274 households of which 22.5% had children under the age of 18 living with them, 29.7% were married couples living together, 10.8% had a female householder with no husband present, 3.8% had a male householder with no wife present, and 55.7% were non-families. 44.8% of all households were made up of individuals and 9.8% had someone living alone who was 65 years of age or older. The average household size was 2.05 and the average family size was 2.99.
The median age in the city was 35.4 years. 19.6% of residents were under the age of 18; 9.6% were between the ages of 18 and 24; 34.3% were from 25 to 44; 25.7% were from 45 to 64; and 11% were 65 years of age or older. The gender makeup of the city was 49.1% male and 50.9% female.
The City of Lakewood Public School System is managed by a directly elected school board. The Lakewood City Schools was rated as having "Continuous Improvement" by the Ohio Department of Education in 2013. Lakewood boasts brand new elementary schools and middle schools. The high school is under renovation. Two more elementary schools are slated to be rebuilt or renovated soon. The investment is the first major school building program in Lakewood since 1920. The school system is one of the largest employers in the city of Lakewood.
In 2012, the City of Lakewood supported a program to brand the Detroit Avenue business district as "Downtown Lakewood." Downtown Lakewood spans from Bunts Avenue to the east and Arthur Avenue to the west along Detroit Avenue.
Lakewood is home to a large number of high rises, spread in varying amounts throughout the city. Most are concentrated on the Gold Coast, and, to a lesser extent, in downtown Lakewood.
Enter an address, city, state or zip code below to view super-saving listings near you:
Be sure to act fast and be persistent because the best tax deals might disappear as soon as tomorrow.
These one-in-a-lifetime real estate deals are that good.
These tax foreclosed homes are available for pennies on the dollar - as much as 75 percent off full market price (and more)! Enjoy the pride of homeownership for less than it costs to rent before it's too late.
Sign up today because the best tax deals might disappear as soon as tomorrow.
Cash in before everyone else!
Alert me about homes in that match this search.
By signing up for property alerts, I have read the Terms and Conditions of Service and agree to receive emails from Foreclosure.com.