1040 Elbon Rd
Cleveland Heights, OH 44121
4 bd 2 ba 1,152 sqft Built 1925 Lot 5,240 sqft single_family
Most recent sale
$168,000
May 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 4, 2022 | Listed | $148,000 | MLS #4356785 |
| May 4, 2022 | Sold | $168,000 | Public Record |
| May 2, 2022 | Sold | $168,000 | MLS #4356785 |
| Mar 18, 2022 | Listed | $148,000 | MLS #4356785 |
| Oct 24, 2006 | Sold | $135,000 | Public Record |
| Jan 21, 1995 | Sold | $59,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $49,950 | $8,860 | $58,810 | $8,623 |
| 2024 | $49,950 | $8,860 | $58,810 | $5,625 |
| 2022 | $18,760 | $4,520 | $23,280 | $2,606 |
| 2020 | $18,760 | $4,520 | $23,280 | $2,998 |
| 2019 | $18,760 | $4,520 | $23,280 | $3,041 |
| 2018 | $18,760 | $4,520 | $23,280 | $2,609 |
| 2017 | $18,550 | $4,620 | $23,170 | $2,787 |
| 2016 | $18,550 | $4,620 | $23,170 | $2,781 |
| 2015 | $18,550 | $4,620 | $23,170 | $2,558 |
| 2014 | $22,370 | $5,570 | $27,940 | $3,082 |
| 2013 | $22,370 | $5,570 | $27,940 | $2,952 |
| 2012 | $22,370 | $5,570 | $27,940 | $2,726 |
| 2010 | $24,290 | $5,780 | $30,070 | $10,680 |
| 2009 | $24,290 | $5,780 | $30,070 | $9,028 |
| 2008 | $25,865 | $6,125 | $31,990 | $2,671 |
| 2007 | $25,870 | $6,130 | $32,000 | $2,643 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,152 sqft
Lot size
5,240 sqft
ZIP code
44121
City
Cleveland Heights
Street
Elbon Rd
Coordinates
41.53182, -81.55369
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,728
Gross rental yield
12.34%
Implied cap rate
8.02%
Trend-extrapolated value
—
Frequently asked questions
When did 1040 Elbon Rd last sell?
1040 Elbon Rd most recently sold on May 4, 2022 for $168,000.
What is the current tax assessment for 1040 Elbon Rd?
The most recent total assessment for 1040 Elbon Rd (year 2025) is $58,810 with $8,623 in property tax.
How does 1040 Elbon Rd's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $168,000.
When was 1040 Elbon Rd built?
1040 Elbon Rd was built in 1925.
How does 1040 Elbon Rd compare to others on Elbon Rd?
We track 8 other properties on Elbon Rd. Browse the list under "Other properties on Elbon Rd" to compare beds, baths, and sale history.
What are the property facts for 1040 Elbon Rd?
1040 Elbon Rd is a 4 bed, 2 bath, 1,152 sqft, 5,240 sqft lot single_family.
Is 1040 Elbon Rd a flip candidate?
No — 1040 Elbon Rd does not appear in our flips dataset.
Is 1040 Elbon Rd a tax-appeal candidate?
No — 1040 Elbon 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$191.9K
2026 Q4
$195.3K
ZIP 44121 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elbon Rd