31940 Lake Rd
Avon Lake, OH 44012
4 bd 6 ba 10,381 sqft Built 2008 Lot 39,640 sqft single_family
Most recent sale
$1,825,000
Jan 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 19, 2022 | Listed | $2,199,999 | MLS #4331309 |
| Jan 14, 2022 | Sold | $1,825,000 | MLS #4331309 |
| Nov 8, 2021 | Listed | $2,199,999 | MLS #4331309 |
| Feb 13, 2021 | Listing removed | $1,900,000 | MLSNOW |
| Apr 18, 2020 | Listing removed | $1,995,000 | MLSNOW |
| Apr 26, 2019 | Listing removed | $2,200,000 | MLSNOW |
| Apr 24, 2019 | Listing removed | $2,200,000 | MLSNOW |
| May 23, 2018 | Listed | $2,200,000 | MLS #4001749 |
| Jan 7, 2004 | Sold | $619,100 | Public Record |
| Jan 7, 2002 | Sold | $500,000 | Public Record |
| Aug 15, 1988 | Sold | $169,000 | Public Record |
| Jun 22, 1987 | Sold | $148,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $485,480 | $214,520 | $700,000 | $35,436 |
| 2023 | $417,844 | $220,906 | $638,750 | $33,975 |
| 2022 | $417,844 | $220,906 | $638,750 | $33,621 |
| 2021 | $510,122 | $220,906 | $731,028 | $38,394 |
| 2020 | $451,836 | $195,664 | $647,500 | $36,704 |
| 2019 | $451,836 | $195,664 | $647,500 | $36,511 |
| 2018 | $554,005 | $195,664 | $749,669 | $42,412 |
| 2017 | $533,593 | $186,316 | $719,909 | $43,950 |
| 2016 | $689,791 | $186,316 | $876,107 | $53,547 |
| 2015 | $689,791 | $186,316 | $876,107 | $53,801 |
| 2014 | $612,276 | $150,875 | $763,151 | $49,170 |
| 2013 | $719,555 | $137,158 | $856,713 | $55,647 |
| 2012 | $719,555 | $137,158 | $856,713 | $48,765 |
| 2011 | $569,660 | $194,495 | $764,155 | $40,355 |
| 2010 | $569,660 | $194,495 | $764,155 | $39,777 |
| 2009 | $673,050 | $194,495 | $867,545 | $44,737 |
| 2008 | $427,980 | $198,450 | $626,430 | $30,892 |
| 2007 | $194,670 | $180,430 | $375,100 | $18,421 |
Property facts
Year built
2008
Property type
single_family
Stories
2
Beds
4
Baths
6
Living area
10,381 sqft
Lot size
39,640 sqft
ZIP code
44012
City
Avon Lake
Street
Lake Rd
Coordinates
41.50935, -81.98225
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$15,572
Gross rental yield
10.24%
Implied cap rate
6.66%
Trend-extrapolated value
—
Frequently asked questions
When did 31940 Lake Rd last sell?
31940 Lake Rd most recently sold on Jan 14, 2022 for $1,825,000.
What is the current tax assessment for 31940 Lake Rd?
The most recent total assessment for 31940 Lake Rd (year 2025) is $700,000 with $35,436 in property tax.
How does 31940 Lake Rd's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $1,825,000.
When was 31940 Lake Rd built?
31940 Lake Rd was built in 2008.
How does 31940 Lake Rd compare to others on Lake Rd?
We track 8 other properties on Lake Rd. Browse the list under "Other properties on Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 31940 Lake Rd?
31940 Lake Rd is a 4 bed, 6 bath, 10,381 sqft, 39,640 sqft lot single_family.
Is 31940 Lake Rd a flip candidate?
No — 31940 Lake Rd does not appear in our flips dataset.
Is 31940 Lake Rd a tax-appeal candidate?
No — 31940 Lake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.8%
Implied 1-yr
+11.3%
2026 Q3
$552.9K
2026 Q4
$566.1K
ZIP 44012 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Rd