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641 University Ave

Elyria, OH 44035

3 bd 2 ba 2,592 sqft Built 1972 Lot 7,841 sqft single_family
Most recent sale
$200,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $200,000 Public Record
Aug 10, 2022 Sold $220,000 MLSNOW
Jul 6, 2022 Listed $209,900 MLS #4378322
Sep 3, 1998 Sold $108,000 Public Record
Aug 11, 1988 Sold $79,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $59,460 $11,360 $70,820 $3,335
2023 $33,341 $9,905 $43,246 $2,356
2022 $33,341 $9,905 $43,246 $2,348
2021 $33,341 $9,905 $43,246 $2,354
2020 $28,231 $8,386 $36,617 $2,241
2019 $28,231 $8,386 $36,617 $2,227
2018 $28,231 $8,386 $36,617 $2,231
2017 $25,932 $8,519 $34,451 $2,190
2016 $25,932 $8,519 $34,451 $2,161
2015 $25,932 $8,519 $34,451 $2,024
2014 $25,932 $8,519 $34,451 $1,999
2013 $25,932 $8,519 $34,451 $1,980
2012 $25,932 $8,519 $34,451 $1,936
2011 $35,560 $10,465 $46,025 $2,415
2010 $35,560 $10,465 $46,025 $2,406
2009 $35,560 $10,465 $46,025 $2,165
2008 $38,220 $11,270 $49,490 $2,154
2007 $38,220 $11,270 $49,490 $2,145

Property facts

Year built
1972
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,592 sqft
Lot size
7,841 sqft
ZIP code
44035
City
Elyria
Street
University Ave
Coordinates
41.35201, -82.08372

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
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 641 University Ave last sell?
641 University Ave most recently sold on Aug 12, 2022 for $200,000.
What is the current tax assessment for 641 University Ave?
The most recent total assessment for 641 University Ave (year 2025) is $70,820 with $3,335 in property tax.
How does 641 University Ave's assessment compare to its last sale price?
The current assessment is 64.6% below the last sale price of $200,000.
When was 641 University Ave built?
641 University Ave was built in 1972.
How does 641 University Ave compare to others on University Ave?
We track 8 other properties on University Ave. Browse the list under "Other properties on University Ave" to compare beds, baths, and sale history.
What are the property facts for 641 University Ave?
641 University Ave is a 3 bed, 2 bath, 2,592 sqft, 7,841 sqft lot single_family.
Is 641 University Ave a flip candidate?
No — 641 University Ave does not appear in our flips dataset.
Is 641 University Ave a tax-appeal candidate?
No — 641 University 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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