228 Gates Ave
Elyria, OH 44035
4 bd 2 ba 1,491 sqft Built 1900 Lot 3,485 sqft multi_family
Most recent sale
$112,000
Apr 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 1, 2026 | Price changed | $125,000 | MLSNOW |
| Apr 4, 2026 | Listed | $135,000 | MLSNOW |
| Apr 21, 2022 | Sold | $112,000 | MLS #4342405 |
| Jan 11, 2022 | Listed | $110,000 | MLS #4342405 |
| Oct 17, 2009 | Sold | $14,000 | MLS #2440027 |
| Feb 8, 2008 | Listed | $19,900 | MLS #2440027 |
| Mar 27, 1996 | Sold | $60,000 | Public Record |
| Oct 7, 1987 | Sold | $28,000 | Public Record |
| Aug 21, 1986 | Sold | $23,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $25,280 | $4,940 | $30,220 | $1,494 |
| 2023 | $11,694 | $2,863 | $14,557 | $820 |
| 2022 | $11,694 | $2,863 | $14,557 | $809 |
| 2021 | $11,694 | $2,863 | $14,557 | $820 |
| 2020 | $10,717 | $2,625 | $13,342 | $837 |
| 2019 | $10,717 | $2,625 | $13,342 | $832 |
| 2018 | $10,717 | $2,625 | $13,342 | $834 |
| 2017 | $9,202 | $2,468 | $11,670 | $793 |
| 2016 | $9,202 | $2,468 | $11,670 | $751 |
| 2015 | $9,202 | $2,468 | $11,670 | $704 |
| 2014 | $9,202 | $2,468 | $11,670 | $696 |
| 2013 | $9,202 | $2,468 | $11,670 | $690 |
| 2012 | $9,202 | $2,468 | $11,670 | $675 |
| 2011 | $8,960 | $3,010 | $11,970 | $646 |
| 2010 | $18,900 | $3,010 | $21,910 | $1,178 |
| 2009 | $18,900 | $3,010 | $21,910 | $1,060 |
| 2008 | $21,250 | $3,400 | $24,650 | $1,104 |
| 2007 | $21,250 | $3,400 | $24,650 | $1,099 |
Property facts
Year built
1900
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,491 sqft
Lot size
3,485 sqft
ZIP code
44035
City
Elyria
Street
Gates Ave
Coordinates
41.35747, -82.10546
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
$672
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 228 Gates Ave last sell?
228 Gates Ave most recently sold on Apr 21, 2022 for $112,000.
What is the current tax assessment for 228 Gates Ave?
The most recent total assessment for 228 Gates Ave (year 2025) is $30,220 with $1,494 in property tax.
How does 228 Gates Ave's assessment compare to its last sale price?
The current assessment is 73.0% below the last sale price of $112,000.
When was 228 Gates Ave built?
228 Gates Ave was built in 1900.
How does 228 Gates Ave compare to others on Gates Ave?
We track 7 other properties on Gates Ave. Browse the list under "Other properties on Gates Ave" to compare beds, baths, and sale history.
What are the property facts for 228 Gates Ave?
228 Gates Ave is a 4 bed, 2 bath, 1,491 sqft, 3,485 sqft lot multi_family.
Is 228 Gates Ave a flip candidate?
No — 228 Gates Ave does not appear in our flips dataset.
Is 228 Gates Ave a tax-appeal candidate?
No — 228 Gates Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.0%
Implied 1-yr
+20.1%
2026 Q3
$237K
2026 Q4
$246K
ZIP 44035 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gates Ave