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24316 Lake Rd

Bay Village, OH 44140

4 bd 3 ba 3,024 sqft Built 1948 Lot 40,075 sqft single_family
Most recent sale
$975,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $975,000 MLSNOW
Mar 4, 2024 Listed $999,000 MLSNOW
Jun 16, 2021 Sold $720,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $67,690 $194,180 $261,870 $18,177
2024 $90,270 $194,180 $284,450 $19,690
2022 $103,710 $148,300 $252,010 $20,489
2021 $140,140 $148,300 $288,440 $20,180
2020 $116,800 $123,590 $240,390 $18,585
2019 $116,800 $123,590 $240,390 $18,044
2018 $116,800 $123,590 $240,390 $18,026
2017 $88,900 $102,870 $191,770 $15,660
2016 $88,900 $102,870 $191,770 $15,595
2015 $88,900 $102,870 $191,770 $14,550
2014 $80,820 $93,520 $174,340 $13,700
2013 $80,820 $93,520 $174,340 $13,543
2012 $78,190 $93,630 $171,820 $13,180
2010 $78,190 $93,630 $171,820 $12,625
2009 $78,190 $93,630 $171,820 $11,679
2008 $81,900 $95,550 $177,450 $11,818
2007 $81,900 $95,550 $177,450 $11,585

Property facts

Year built
1948
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,024 sqft
Lot size
40,075 sqft
ZIP code
44140
City
Bay Village
Street
Lake Rd
Coordinates
41.48434, -81.88918

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,536
Gross rental yield
5.58%
Implied cap rate
3.63%
Trend-extrapolated value

Frequently asked questions

When did 24316 Lake Rd last sell?
24316 Lake Rd most recently sold on Apr 15, 2024 for $975,000.
What is the current tax assessment for 24316 Lake Rd?
The most recent total assessment for 24316 Lake Rd (year 2025) is $261,870 with $18,177 in property tax.
How does 24316 Lake Rd's assessment compare to its last sale price?
The current assessment is 73.1% below the last sale price of $975,000.
When was 24316 Lake Rd built?
24316 Lake Rd was built in 1948.
How does 24316 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 24316 Lake Rd?
24316 Lake Rd is a 4 bed, 3 bath, 3,024 sqft, 40,075 sqft lot single_family.
Is 24316 Lake Rd a flip candidate?
No — 24316 Lake Rd does not appear in our flips dataset.
Is 24316 Lake Rd a tax-appeal candidate?
No — 24316 Lake 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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