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4721 Palm Ave

Lorain, OH 44055

3 bd 1 ba 936 sqft Built 1961 Lot 8,276 sqft single_family
Most recent sale
$109,250
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 26, 2022 Sold $109,250 MLS #4394115
Sep 15, 2022 Price changed $115,000 MLS #4394115
Aug 30, 2022 Price changed $139,900 MLS #4394115
Aug 10, 2022 Price changed $149,900 MLS #4394115
Jul 24, 2022 Listed $164,900 MLS #4394115
May 26, 2000 Sold $93,000 Public Record
Mar 25, 1997 Sold $79,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $34,860 $11,950 $46,810 $1,789
2023 $22,628 $7,154 $29,782 $1,533
2022 $22,628 $7,154 $29,782 $1,559
2021 $22,628 $7,154 $29,782 $1,560
2020 $18,218 $5,761 $23,979 $1,446
2019 $18,218 $5,761 $23,979 $1,438
2018 $18,218 $5,761 $23,979 $1,439
2017 $17,332 $8,516 $25,848 $1,645
2016 $17,332 $8,516 $25,848 $1,632
2015 $17,332 $8,516 $25,848 $1,500
2014 $16,587 $8,148 $24,735 $926
2013 $16,587 $8,148 $24,735 $918
2012 $16,587 $8,148 $24,735 $889
2011 $24,500 $7,245 $31,745 $1,044
2010 $24,500 $7,245 $31,745 $1,434
2009 $24,500 $7,245 $31,745 $1,412
2008 $27,510 $8,160 $35,670 $1,468
2007 $27,510 $8,160 $35,670 $1,461

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
936 sqft
Lot size
8,276 sqft
ZIP code
44055
City
Lorain
Street
Palm Ave
Coordinates
41.42525, -82.11375

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$656
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4721 Palm Ave last sell?
4721 Palm Ave most recently sold on Oct 26, 2022 for $109,250.
What is the current tax assessment for 4721 Palm Ave?
The most recent total assessment for 4721 Palm Ave (year 2025) is $46,810 with $1,789 in property tax.
How does 4721 Palm Ave's assessment compare to its last sale price?
The current assessment is 57.2% below the last sale price of $109,250.
When was 4721 Palm Ave built?
4721 Palm Ave was built in 1961.
How does 4721 Palm Ave compare to others on Palm Ave?
We track 8 other properties on Palm Ave. Browse the list under "Other properties on Palm Ave" to compare beds, baths, and sale history.
What are the property facts for 4721 Palm Ave?
4721 Palm Ave is a 3 bed, 1 bath, 936 sqft, 8,276 sqft lot single_family.
Is 4721 Palm Ave a flip candidate?
No — 4721 Palm Ave does not appear in our flips dataset.
Is 4721 Palm Ave a tax-appeal candidate?
No — 4721 Palm 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
+5.9%
Implied 1-yr
+23.5%
2026 Q3
$173.9K
2026 Q4
$181.3K
ZIP 44055 — Median Price History + Forecast

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