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398 Elmwood Rd

Bay Village, OH 44140

3 bd 3 ba 2,079 sqft Built 2021 Lot 5,760 sqft single_family
Most recent sale
$465,000
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2022 Listing removed $479,900 MLSNOW
Dec 30, 2021 Sold $465,000 MLS #4329846
Nov 1, 2021 Listed $464,900 MLS #4329846
May 18, 2021 Listed $479,900 MLS #4280204
Oct 25, 2019 Sold $65,000 MLS #4136228
Jan 17, 1986 Sold $38,000 Public Record
Aug 27, 1981 Sold $33,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,780 $15,960 $161,740 $11,226
2024 $145,780 $15,960 $161,740 $11,196
2022 $150,570 $12,180 $162,750 $13,360
2021 $101,780 $12,180 $113,960 $8,651
2020 $10,570 $12,180 $22,750 $1,967
2019 $25,480 $12,180 $37,660 $2,252
2018 $25,480 $12,180 $37,660 $2,250
2017 $13,900 $9,800 $23,700 $1,279
2016 $13,900 $9,800 $23,700 $1,274
2015 $13,900 $9,800 $23,700 $1,189
2014 $14,630 $9,070 $23,700 $1,237
2013 $14,630 $9,070 $23,700 $1,223
2012 $14,630 $9,070 $23,700 $1,190
2010 $15,120 $9,310 $24,430 $1,214
2009 $15,120 $9,310 $24,430 $1,123
2008 $15,435 $9,485 $24,920 $1,134
2007 $15,440 $9,490 $24,930 $1,111

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,079 sqft
Lot size
5,760 sqft
ZIP code
44140
City
Bay Village
Street
Elmwood Rd
Coordinates
41.48410, -81.91017

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
$3,119
Gross rental yield
8.05%
Implied cap rate
5.23%
Trend-extrapolated value

Frequently asked questions

When did 398 Elmwood Rd last sell?
398 Elmwood Rd most recently sold on Dec 30, 2021 for $465,000.
What is the current tax assessment for 398 Elmwood Rd?
The most recent total assessment for 398 Elmwood Rd (year 2025) is $161,740 with $11,226 in property tax.
How does 398 Elmwood Rd's assessment compare to its last sale price?
The current assessment is 65.2% below the last sale price of $465,000.
When was 398 Elmwood Rd built?
398 Elmwood Rd was built in 2021.
How does 398 Elmwood Rd compare to others on Elmwood Rd?
We track 8 other properties on Elmwood Rd. Browse the list under "Other properties on Elmwood Rd" to compare beds, baths, and sale history.
What are the property facts for 398 Elmwood Rd?
398 Elmwood Rd is a 3 bed, 3 bath, 2,079 sqft, 5,760 sqft lot single_family.
Is 398 Elmwood Rd a flip candidate?
No — 398 Elmwood Rd does not appear in our flips dataset.
Is 398 Elmwood Rd a tax-appeal candidate?
No — 398 Elmwood Rd 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
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$582.9K
2026 Q4
$573.8K
ZIP 44140 — Median Price History + Forecast

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