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8240 Merrie Ln

Chesterland, OH 44026

3 bd 2 ba 2,134 sqft Built 1987 Lot 65,776 sqft single_family
Most recent sale
$250,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Listed $249,900 MLS #4353726
Apr 26, 2022 Sold $250,000 MLS #4353726
Mar 7, 2022 Listed $249,900 MLS #4353726
Oct 3, 1986 Sold $96,476 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $61,460 $24,500 $85,960 $3,880
2024 $61,460 $24,500 $85,960 $3,715
2022 $56,530 $20,440 $76,970 $3,438
2021 $56,530 $20,440 $76,970 $3,427
2020 $56,530 $20,440 $76,970 $3,563
2019 $47,920 $20,440 $68,360 $3,357
2018 $47,920 $20,440 $68,360 $3,197
2017 $48,200 $22,470 $70,670 $3,223
2016 $48,200 $22,470 $70,670 $3,543
2015 $48,200 $22,470 $70,670 $3,389
2014 $48,200 $22,470 $70,670 $3,282
2013 $48,200 $22,470 $70,670 $3,312
2012 $48,200 $22,470 $70,670 $3,313
2011 $48,200 $22,470 $70,670 $3,313
2010 $51,560 $22,470 $74,030 $3,376
2009 $51,555 $22,470 $74,025 $3,225
2007 $51,555 $22,470 $74,025 $3,269
2006 $51,560 $22,470 $74,030 $3,706

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,134 sqft
Lot size
65,776 sqft
ZIP code
44026
City
Chesterland
Street
Merrie Ln
Coordinates
41.54886, -81.34722

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8240 Merrie Ln last sell?
8240 Merrie Ln most recently sold on Apr 26, 2022 for $250,000.
What is the current tax assessment for 8240 Merrie Ln?
The most recent total assessment for 8240 Merrie Ln (year 2025) is $85,960 with $3,880 in property tax.
How does 8240 Merrie Ln's assessment compare to its last sale price?
The current assessment is 65.6% below the last sale price of $250,000.
When was 8240 Merrie Ln built?
8240 Merrie Ln was built in 1987.
How does 8240 Merrie Ln compare to others on Merrie Ln?
We track 3 other properties on Merrie Ln. Browse the list under "Other properties on Merrie Ln" to compare beds, baths, and sale history.
What are the property facts for 8240 Merrie Ln?
8240 Merrie Ln is a 3 bed, 2 bath, 2,134 sqft, 65,776 sqft lot single_family.
Is 8240 Merrie Ln a flip candidate?
No — 8240 Merrie Ln does not appear in our flips dataset.
Is 8240 Merrie Ln a tax-appeal candidate?
No — 8240 Merrie Ln 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
+4.4%
Implied 1-yr
+17.4%
2026 Q3
$459.7K
2026 Q4
$475.3K
ZIP 44026 — Median Price History + Forecast

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