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161 Fairlawn Ave

Elyria, OH 44035

2 bd 1 ba 720 sqft Built 1933 Lot 4,792 sqft single_family
Most recent sale
$125,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $125,000 Public Record
Sep 13, 2022 Sold $125,000 MLS #4400555
Aug 13, 2022 Listed $119,900 MLS #4400555
Jul 18, 2022 Sold $58,000 Public Record
Oct 17, 2009 Sold $87,000 MLS #2148052
Aug 11, 2004 Sold $87,000 Public Record
May 21, 2004 Listed $89,500 MLS #2148052
Dec 15, 2000 Sold $71,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $26,560 $6,690 $33,250 $586
2023 $20,367 $5,915 $26,282 $941
2022 $20,367 $5,915 $26,282 $1,427
2021 $20,367 $5,915 $26,282 $1,431
2020 $17,483 $5,079 $22,562 $1,380
2019 $17,483 $5,079 $22,562 $1,372
2018 $17,483 $5,079 $22,562 $1,374
2017 $17,357 $4,711 $22,068 $1,403
2016 $17,357 $4,711 $22,068 $1,384
2015 $17,357 $4,711 $22,068 $1,297
2014 $17,357 $4,711 $22,068 $1,281
2013 $17,357 $4,711 $22,068 $1,269
2012 $17,357 $4,711 $22,068 $1,240
2011 $22,260 $4,795 $27,055 $1,420
2010 $22,260 $4,795 $27,055 $1,415
2009 $22,260 $4,795 $27,055 $1,273
2008 $24,470 $5,290 $29,760 $1,295
2007 $24,470 $5,290 $29,760 $1,290

Property facts

Year built
1933
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
720 sqft
Lot size
4,792 sqft
ZIP code
44035
City
Elyria
Street
Fairlawn Ave
Coordinates
41.36955, -82.08645

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
$1,080
Gross rental yield
10.37%
Implied cap rate
6.74%
Trend-extrapolated value

Frequently asked questions

When did 161 Fairlawn Ave last sell?
161 Fairlawn Ave most recently sold on Sep 14, 2022 for $125,000.
What is the current tax assessment for 161 Fairlawn Ave?
The most recent total assessment for 161 Fairlawn Ave (year 2025) is $33,250 with $586 in property tax.
How does 161 Fairlawn Ave's assessment compare to its last sale price?
The current assessment is 73.4% below the last sale price of $125,000.
When was 161 Fairlawn Ave built?
161 Fairlawn Ave was built in 1933.
How does 161 Fairlawn Ave compare to others on Fairlawn Ave?
We track 8 other properties on Fairlawn Ave. Browse the list under "Other properties on Fairlawn Ave" to compare beds, baths, and sale history.
What are the property facts for 161 Fairlawn Ave?
161 Fairlawn Ave is a 2 bed, 1 bath, 720 sqft, 4,792 sqft lot single_family.
Is 161 Fairlawn Ave a flip candidate?
Yes — 161 Fairlawn Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 161 Fairlawn Ave a tax-appeal candidate?
No — 161 Fairlawn Ave 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
+0.3%
Implied 1-yr
+1.2%
2026 Q3
$207.7K
2026 Q4
$208.3K
ZIP 44035 — Median Price History + Forecast

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