1816 Madison Ave
Lorain, OH 44053
2 bd 1 ba 660 sqft Built 1947 Lot 7,841 sqft single_family
Most recent sale
$31,000
Aug 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 13, 2023 | Sold | $31,000 | Public Record |
| Aug 22, 2022 | Sold | $31,000 | MLS #4376876 |
| May 26, 2022 | Listed | $17,000 | MLS #4376876 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $15,400 | $10,750 | $26,150 | $1,050 |
| 2023 | $14,427 | $9,968 | $24,395 | $1,289 |
| 2022 | $14,427 | $9,968 | $24,395 | $1,278 |
| 2021 | $14,427 | $9,968 | $24,395 | $1,278 |
| 2020 | $13,661 | $9,440 | $23,101 | $1,393 |
| 2019 | $13,661 | $9,440 | $23,101 | $1,352 |
| 2018 | $13,661 | $9,440 | $23,101 | $1,352 |
| 2017 | $13,398 | $8,715 | $22,113 | $1,372 |
| 2016 | $13,398 | $8,715 | $22,113 | $1,361 |
| 2015 | $13,398 | $8,715 | $22,113 | $1,283 |
| 2014 | $13,398 | $8,715 | $22,113 | $1,280 |
| 2013 | $13,398 | $8,715 | $22,113 | $1,271 |
| 2012 | $13,398 | $8,715 | $22,113 | $1,230 |
| 2011 | $14,490 | $7,770 | $22,260 | $1,013 |
| 2010 | $14,490 | $7,770 | $22,260 | $1,008 |
| 2009 | $14,490 | $7,770 | $22,260 | $992 |
| 2008 | $16,280 | $8,720 | $25,000 | $1,031 |
| 2007 | $16,280 | $8,720 | $25,000 | $1,026 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
660 sqft
Lot size
7,841 sqft
ZIP code
44053
City
Lorain
Street
Madison Ave
Coordinates
41.45360, -82.20449
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$186
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1816 Madison Ave last sell?
1816 Madison Ave most recently sold on Aug 22, 2022 for $31,000.
What is the current tax assessment for 1816 Madison Ave?
The most recent total assessment for 1816 Madison Ave (year 2025) is $26,150 with $1,050 in property tax.
How does 1816 Madison Ave's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $31,000.
When was 1816 Madison Ave built?
1816 Madison Ave was built in 1947.
How does 1816 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 1816 Madison Ave?
1816 Madison Ave is a 2 bed, 1 bath, 660 sqft, 7,841 sqft lot single_family.
Is 1816 Madison Ave a flip candidate?
No — 1816 Madison Ave does not appear in our flips dataset.
Is 1816 Madison Ave a tax-appeal candidate?
No — 1816 Madison 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 Madison Ave