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28 Water St

Chagrin Falls, OH 44022

3 bd 2 ba 1,860 sqft Built 1880 Lot 6,094 sqft single_family
Most recent sale
$450,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 3, 2023 Sold $600,000 MLSNOW
Apr 26, 2022 Sold $450,000 MLS #4357763
Mar 22, 2022 Listed $450,000 MLS #4357763
Nov 20, 2013 Listing removed $1,700 MLSNOW
Aug 12, 2013 Listed for rent $2,000 MLSNOW
Jan 10, 2012 Sold $344,625 MLS #3274660
Nov 8, 2011 Listed $349,900 MLS #3274660
Apr 28, 1980 Sold $145,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $149,240 $36,260 $185,500 $11,547
2024 $149,240 $36,260 $185,500 $11,676
2022 $96,080 $48,300 $144,380 $10,869
2021 $96,080 $48,300 $144,380 $10,822
2020 $76,860 $38,640 $115,500 $9,381
2019 $76,860 $38,640 $115,500 $9,239
2018 $76,860 $38,640 $115,500 $9,187
2017 $91,420 $29,190 $120,610 $10,378
2016 $91,420 $29,190 $120,610 $9,344
2015 $91,420 $29,190 $120,610 $9,360
2014 $105,180 $26,530 $131,710 $10,385
2013 $105,180 $26,530 $131,710 $10,046
2012 $105,180 $26,530 $131,710 $9,745
2010 $99,610 $22,820 $122,430 $8,526
2009 $99,610 $22,820 $122,430 $8,571
2008 $101,640 $23,275 $124,915 $8,348
2007 $101,640 $23,280 $124,920 $8,147

Property facts

Year built
1880
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,860 sqft
Lot size
6,094 sqft
ZIP code
44022
City
Chagrin Falls
Street
Water St
Coordinates
41.42874, -81.39476

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
$2,790
Gross rental yield
7.44%
Implied cap rate
4.84%
Trend-extrapolated value

Frequently asked questions

When did 28 Water St last sell?
28 Water St most recently sold on Apr 26, 2022 for $450,000.
What is the current tax assessment for 28 Water St?
The most recent total assessment for 28 Water St (year 2025) is $185,500 with $11,547 in property tax.
How does 28 Water St's assessment compare to its last sale price?
The current assessment is 58.8% below the last sale price of $450,000.
When was 28 Water St built?
28 Water St was built in 1880.
How does 28 Water St compare to others on Water St?
We track 5 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 28 Water St?
28 Water St is a 3 bed, 2 bath, 1,860 sqft, 6,094 sqft lot single_family.
Is 28 Water St a flip candidate?
Yes — 28 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 28 Water St a tax-appeal candidate?
No — 28 Water St 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
-2.7%
Implied 1-yr
-10.8%
2026 Q3
$630.6K
2026 Q4
$610K
ZIP 44022 — Median Price History + Forecast

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