5408 Ashland Ave
Lorain, OH 44053
3 bd 2 ba 1,770 sqft Built 1972 Lot 8,712 sqft single_family
Most recent sale
$225,000
Sep 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 27, 2022 | Sold | $225,000 | Public Record |
| Aug 8, 2022 | Price changed | $225,000 | MLS #4398228 |
| Aug 4, 2022 | Listed | $234,900 | MLS #4398228 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $52,390 | $8,350 | $60,740 | $2,322 |
| 2023 | $37,832 | $10,343 | $48,175 | $2,480 |
| 2022 | $37,832 | $10,343 | $48,175 | $2,012 |
| 2021 | $37,832 | $10,343 | $48,175 | $2,012 |
| 2020 | $32,197 | $8,803 | $41,000 | $1,896 |
| 2019 | $32,197 | $8,803 | $41,000 | $1,885 |
| 2018 | $32,197 | $8,803 | $41,000 | $1,885 |
| 2017 | $25,330 | $8,635 | $33,965 | $1,563 |
| 2016 | $25,330 | $8,635 | $33,965 | $1,551 |
| 2015 | $25,330 | $8,635 | $33,965 | $1,463 |
| 2014 | $29,047 | $9,902 | $38,949 | $2,254 |
| 2013 | $29,047 | $9,902 | $38,949 | $2,237 |
| 2012 | $29,047 | $9,902 | $38,949 | $2,165 |
| 2011 | $32,305 | $10,185 | $42,490 | $1,929 |
| 2010 | $32,305 | $10,185 | $42,490 | $1,920 |
| 2009 | $32,305 | $10,185 | $42,490 | $1,890 |
| 2008 | $34,760 | $10,960 | $45,720 | $1,882 |
| 2007 | $34,760 | $10,960 | $45,720 | $1,873 |
Property facts
Year built
1972
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,770 sqft
Lot size
8,712 sqft
ZIP code
44053
City
Lorain
Street
Ashland Ave
Coordinates
41.42233, -82.19025
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,655
Gross rental yield
14.16%
Implied cap rate
9.20%
Trend-extrapolated value
—
Frequently asked questions
When did 5408 Ashland Ave last sell?
5408 Ashland Ave most recently sold on Sep 27, 2022 for $225,000.
What is the current tax assessment for 5408 Ashland Ave?
The most recent total assessment for 5408 Ashland Ave (year 2025) is $60,740 with $2,322 in property tax.
How does 5408 Ashland Ave's assessment compare to its last sale price?
The current assessment is 73.0% below the last sale price of $225,000.
When was 5408 Ashland Ave built?
5408 Ashland Ave was built in 1972.
How does 5408 Ashland Ave compare to others on Ashland Ave?
We track 8 other properties on Ashland Ave. Browse the list under "Other properties on Ashland Ave" to compare beds, baths, and sale history.
What are the property facts for 5408 Ashland Ave?
5408 Ashland Ave is a 3 bed, 2 bath, 1,770 sqft, 8,712 sqft lot single_family.
Is 5408 Ashland Ave a flip candidate?
No — 5408 Ashland Ave does not appear in our flips dataset.
Is 5408 Ashland Ave a tax-appeal candidate?
No — 5408 Ashland 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
+1.6%
Implied 1-yr
+6.2%
2026 Q2
$237.5K
2026 Q3
$240.9K
ZIP 44053 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ashland Ave