3240 Falbo Ave
Lorain, OH 44052
4 bd 3 ba 3,034 sqft Built 1957 Lot 10,019 sqft single_family
Most recent sale
$155,400
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $155,400 | MLS #4373631 |
| May 16, 2022 | Listed | $149,900 | MLS #4373631 |
| Jun 16, 2009 | Sold | $90,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $52,050 | $9,560 | $61,610 | $2,356 |
| 2023 | $33,856 | $8,292 | $42,148 | $2,171 |
| 2022 | $33,856 | $8,292 | $42,148 | $1,705 |
| 2021 | $33,856 | $8,292 | $42,148 | $1,705 |
| 2020 | $27,171 | $6,654 | $33,825 | $1,474 |
| 2019 | $27,171 | $6,654 | $33,825 | $1,465 |
| 2018 | $27,171 | $6,654 | $33,825 | $1,466 |
| 2017 | $26,355 | $7,704 | $34,059 | $1,569 |
| 2016 | $26,355 | $7,704 | $34,059 | $1,557 |
| 2015 | $26,355 | $7,704 | $34,059 | $1,468 |
| 2014 | $28,805 | $8,421 | $37,226 | $1,648 |
| 2013 | $28,805 | $8,421 | $37,226 | $1,636 |
| 2012 | $28,805 | $8,421 | $37,226 | $1,583 |
| 2011 | $33,530 | $9,975 | $43,505 | $1,577 |
| 2010 | $33,530 | $9,975 | $43,505 | $1,570 |
| 2009 | $33,530 | $9,975 | $43,505 | $1,990 |
| 2008 | $37,240 | $11,100 | $48,340 | $1,630 |
| 2007 | $37,240 | $11,100 | $48,340 | $1,622 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,034 sqft
Lot size
10,019 sqft
ZIP code
44052
City
Lorain
Street
Falbo Ave
Coordinates
41.44061, -82.17482
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$932
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3240 Falbo Ave last sell?
3240 Falbo Ave most recently sold on Jun 30, 2022 for $155,400.
What is the current tax assessment for 3240 Falbo Ave?
The most recent total assessment for 3240 Falbo Ave (year 2025) is $61,610 with $2,356 in property tax.
How does 3240 Falbo Ave's assessment compare to its last sale price?
The current assessment is 60.4% below the last sale price of $155,400.
When was 3240 Falbo Ave built?
3240 Falbo Ave was built in 1957.
How does 3240 Falbo Ave compare to others on Falbo Ave?
We track 8 other properties on Falbo Ave. Browse the list under "Other properties on Falbo Ave" to compare beds, baths, and sale history.
What are the property facts for 3240 Falbo Ave?
3240 Falbo Ave is a 4 bed, 3 bath, 3,034 sqft, 10,019 sqft lot single_family.
Is 3240 Falbo Ave a flip candidate?
No — 3240 Falbo Ave does not appear in our flips dataset.
Is 3240 Falbo Ave a tax-appeal candidate?
No — 3240 Falbo 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
-3.3%
Implied 1-yr
-13.1%
2026 Q3
$123.3K
2026 Q4
$118.2K
ZIP 44052 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Falbo Ave