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7062 Oak Tree Dr

Lorain, OH 44053

3 bd 3 ba 2,173 sqft Built 1998 Lot 10,890 sqft single_family
Most recent sale
$268,500
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Sold $268,500 Public Record
Jun 17, 2022 Price changed $278,000 MLS #4380422
Jun 8, 2022 Listed $289,900 MLS #4380422
Dec 10, 1999 Sold $189,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $64,190 $20,790 $84,980 $3,760
2023 $53,190 $13,115 $66,305 $3,344
2022 $53,190 $13,115 $66,305 $3,135
2021 $53,190 $13,115 $66,305 $3,143
2020 $43,635 $10,759 $54,394 $2,910
2019 $43,635 $10,759 $54,394 $2,854
2018 $43,635 $10,759 $54,394 $2,868
2017 $41,990 $10,395 $52,385 $2,917
2016 $41,990 $10,395 $52,385 $2,896
2015 $41,990 $10,395 $52,385 $2,799
2014 $41,990 $10,395 $52,385 $2,807
2013 $41,990 $10,395 $52,385 $2,816
2012 $41,990 $10,395 $52,385 $2,759
2011 $51,555 $11,725 $63,280 $2,880
2010 $51,555 $11,725 $63,280 $2,872
2009 $51,555 $11,725 $63,280 $2,833
2008 $55,440 $12,600 $68,040 $2,933
2007 $55,440 $12,600 $68,040 $2,513

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,173 sqft
Lot size
10,890 sqft
ZIP code
44053
City
Lorain
Street
Oak Tree Dr
Coordinates
41.42292, -82.24623

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,611
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7062 Oak Tree Dr last sell?
7062 Oak Tree Dr most recently sold on Aug 18, 2022 for $268,500.
What is the current tax assessment for 7062 Oak Tree Dr?
The most recent total assessment for 7062 Oak Tree Dr (year 2025) is $84,980 with $3,760 in property tax.
How does 7062 Oak Tree Dr's assessment compare to its last sale price?
The current assessment is 68.4% below the last sale price of $268,500.
When was 7062 Oak Tree Dr built?
7062 Oak Tree Dr was built in 1998.
How does 7062 Oak Tree Dr compare to others on Oak Tree Dr?
We track 8 other properties on Oak Tree Dr. Browse the list under "Other properties on Oak Tree Dr" to compare beds, baths, and sale history.
What are the property facts for 7062 Oak Tree Dr?
7062 Oak Tree Dr is a 3 bed, 3 bath, 2,173 sqft, 10,890 sqft lot single_family.
Is 7062 Oak Tree Dr a flip candidate?
No — 7062 Oak Tree Dr does not appear in our flips dataset.
Is 7062 Oak Tree Dr a tax-appeal candidate?
No — 7062 Oak Tree Dr 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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