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511 Lake Ave

Franklin, OH 45005

3 bd 1 ba 999 sqft Built 1953 Lot 7,500 sqft single_family
Most recent sale
$165,000
Aug 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Sold $165,000 Public Record
Aug 11, 2022 Sold $165,000 Dayton
Jun 25, 2022 Listed $170,000 MLS #1744316

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $38,310 $10,510 $48,820 $2,788
2024 $38,310 $10,510 $48,820 $2,593
2023 $31,189 $6,958 $38,147 $980
2022 $27,493 $6,958 $34,451 $1,960
2021 $27,493 $6,958 $34,451 $2,326
2020 $21,994 $5,565 $27,559 $1,674
2019 $21,994 $5,565 $27,559 $1,536
2018 $21,994 $5,565 $27,559 $1,538
2017 $21,420 $5,523 $26,943 $1,633
2016 $21,420 $5,523 $26,943 $1,662
2015 $21,420 $5,523 $26,943 $1,493
2014 $21,420 $5,523 $26,943 $1,532
2013 $21,420 $5,523 $26,943 $1,315
2012 $21,420 $5,523 $26,943 $1,325
2011 $22,547 $5,814 $28,361 $1,304
2010 $22,547 $5,814 $28,361 $1,262
2009 $22,547 $5,813 $28,360 $1,371
2008 $23,985 $6,184 $30,170 $1,329
2007 $23,986 $6,185 $30,171 $1,327

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
999 sqft
Lot size
7,500 sqft
ZIP code
45005
City
Franklin
Street
Lake Ave
Coordinates
39.56660, -84.30974

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,499
Gross rental yield
10.90%
Implied cap rate
7.09%
Trend-extrapolated value

Frequently asked questions

When did 511 Lake Ave last sell?
511 Lake Ave most recently sold on Aug 23, 2022 for $165,000.
What is the current tax assessment for 511 Lake Ave?
The most recent total assessment for 511 Lake Ave (year 2025) is $48,820 with $2,788 in property tax.
How does 511 Lake Ave's assessment compare to its last sale price?
The current assessment is 70.4% below the last sale price of $165,000.
When was 511 Lake Ave built?
511 Lake Ave was built in 1953.
How does 511 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 511 Lake Ave?
511 Lake Ave is a 3 bed, 1 bath, 999 sqft, 7,500 sqft lot single_family.
Is 511 Lake Ave a flip candidate?
No — 511 Lake Ave does not appear in our flips dataset.
Is 511 Lake Ave a tax-appeal candidate?
No — 511 Lake 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
+3.2%
Implied 1-yr
+12.9%
2026 Q3
$393.8K
2026 Q4
$404.3K
ZIP 45005 — Median Price History + Forecast

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