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5502 Ashland Ave

Lorain, OH 44053

3 bd 1 ba 1,712 sqft Built 1972 Lot 10,890 sqft single_family
Most recent sale
$170,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $170,000 Public Record
Jun 24, 2022 Sold $170,000 MLSNOW
May 16, 2022 Listed $169,000 MLS #4373647
Feb 1, 2011 Sold $75,500 MLS #3060558
Jul 15, 2010 Sold $75,500 Public Record
May 22, 2010 Relisted $79,900 MLS #3060558
May 14, 2010 Listing removed $79,900 MLSNOW
May 5, 2010 Price changed $79,900 MLS #3060558
Aug 15, 2009 Listed $83,900 MLS #3060558

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,490 $9,060 $42,550 $1,627
2023 $24,763 $11,225 $35,988 $1,853
2022 $24,763 $11,225 $35,988 $1,884
2021 $24,763 $11,225 $35,988 $1,885
2020 $21,074 $9,552 $30,626 $1,846
2019 $21,074 $9,552 $30,626 $1,836
2018 $21,074 $9,552 $30,626 $1,837
2017 $15,943 $9,370 $25,313 $1,610
2016 $15,943 $9,370 $25,313 $1,597
2015 $15,943 $9,370 $25,313 $1,509
2014 $18,284 $10,745 $29,029 $1,727
2013 $18,284 $10,745 $29,029 $1,714
2012 $18,284 $10,745 $29,029 $1,659
2011 $24,640 $11,060 $35,700 $1,666
2010 $24,640 $11,060 $35,700 $1,156
2009 $24,640 $11,060 $35,700 $1,131
2008 $26,500 $11,900 $38,400 $1,124
2007 $26,500 $11,900 $38,400 $1,117

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,712 sqft
Lot size
10,890 sqft
ZIP code
44053
City
Lorain
Street
Ashland Ave
Coordinates
41.42132, -82.19015

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5502 Ashland Ave last sell?
5502 Ashland Ave most recently sold on Jun 28, 2022 for $170,000.
What is the current tax assessment for 5502 Ashland Ave?
The most recent total assessment for 5502 Ashland Ave (year 2025) is $42,550 with $1,627 in property tax.
How does 5502 Ashland Ave's assessment compare to its last sale price?
The current assessment is 75.0% below the last sale price of $170,000.
When was 5502 Ashland Ave built?
5502 Ashland Ave was built in 1972.
How does 5502 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 5502 Ashland Ave?
5502 Ashland Ave is a 3 bed, 1 bath, 1,712 sqft, 10,890 sqft lot single_family.
Is 5502 Ashland Ave a flip candidate?
No — 5502 Ashland Ave does not appear in our flips dataset.
Is 5502 Ashland Ave a tax-appeal candidate?
No — 5502 Ashland 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
+1.6%
Implied 1-yr
+6.2%
2026 Q2
$237.5K
2026 Q3
$240.9K
ZIP 44053 — Median Price History + Forecast

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