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1308 Redbud Pl

Lorain, OH 44053

6 bd 4 ba 2,500 sqft Built 1977 Lot 7,915 sqft multi_family
Most recent sale
$202,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $202,000 MLS #4347864
Apr 16, 2022 Relisted $199,900 MLS #4347864
Feb 9, 2022 Listed $187,700 MLS #4347864
Oct 17, 2009 Sold $67,500 MLS #2409147
Oct 23, 2007 Sold $67,500 Public Record
Sep 11, 2007 Listed $55,000 MLS #2409147

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $41,713 $14,508 $56,221 $2,945
2020 $35,501 $12,348 $47,849 $2,885
2019 $35,501 $12,348 $47,849 $2,869
2018 $35,501 $12,348 $47,849 $2,870
2017 $27,755 $12,208 $39,963 $2,543
2016 $27,755 $12,208 $39,963 $2,523
2015 $27,755 $12,208 $39,963 $2,383
2014 $31,829 $14,000 $45,829 $2,727
2013 $31,829 $14,000 $45,829 $2,706
2012 $31,829 $14,000 $45,829 $2,620
2011 $28,140 $13,020 $41,160 $1,921
2010 $28,140 $13,020 $41,160 $1,912
2009 $28,140 $13,020 $41,160 $1,882
2008 $30,280 $14,000 $44,280 $1,874
2007 $30,280 $14,000 $44,280 $1,866

Property facts

Year built
1977
Property type
multi_family
Stories
2
Beds
6
Baths
4
Living area
2,500 sqft
Lot size
7,915 sqft
ZIP code
44053
City
Lorain
Street
Redbud Pl
Coordinates
41.42993, -82.18805

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
$1,212
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1308 Redbud Pl last sell?
1308 Redbud Pl most recently sold on May 23, 2022 for $202,000.
What is the current tax assessment for 1308 Redbud Pl?
The most recent total assessment for 1308 Redbud Pl (year 2021) is $56,221 with $2,945 in property tax.
How does 1308 Redbud Pl's assessment compare to its last sale price?
The current assessment is 72.2% below the last sale price of $202,000.
When was 1308 Redbud Pl built?
1308 Redbud Pl was built in 1977.
How does 1308 Redbud Pl compare to others on Redbud Pl?
We track 8 other properties on Redbud Pl. Browse the list under "Other properties on Redbud Pl" to compare beds, baths, and sale history.
What are the property facts for 1308 Redbud Pl?
1308 Redbud Pl is a 6 bed, 4 bath, 2,500 sqft, 7,915 sqft lot multi_family.
Is 1308 Redbud Pl a flip candidate?
No — 1308 Redbud Pl does not appear in our flips dataset.
Is 1308 Redbud Pl a tax-appeal candidate?
No — 1308 Redbud Pl 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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