4940 Washington Ave
Lorain, OH 44052
3 bd 3 ba 2,395 sqft Built 1986 Lot 12,197 sqft single_family
Most recent sale
$258,000
Nov 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 22, 2022 | Sold | $258,000 | MLSNOW |
| Aug 8, 2005 | Sold | $185,000 | Public Record |
| Aug 10, 1995 | Sold | $144,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $68,820 | $13,970 | $82,790 | $3,107 |
| 2023 | $52,836 | $12,677 | $65,513 | $2,991 |
| 2022 | $52,836 | $12,677 | $65,513 | $2,674 |
| 2021 | $52,836 | $12,677 | $65,513 | $2,809 |
| 2020 | $44,930 | $10,780 | $55,710 | $3,038 |
| 2019 | $44,930 | $10,780 | $55,710 | $3,025 |
| 2018 | $44,930 | $10,780 | $55,710 | $3,045 |
| 2017 | $38,451 | $10,864 | $49,315 | $2,950 |
| 2016 | $38,451 | $10,864 | $49,315 | $2,945 |
| 2015 | $38,451 | $10,864 | $49,315 | $2,870 |
| 2014 | $37,461 | $10,584 | $48,045 | $2,736 |
| 2013 | $37,461 | $10,584 | $48,045 | $2,704 |
| 2012 | $37,461 | $10,584 | $48,045 | $2,651 |
| 2011 | $42,210 | $13,440 | $55,650 | $2,717 |
| 2010 | $42,210 | $13,440 | $55,650 | $2,707 |
| 2009 | $42,210 | $13,440 | $55,650 | $2,612 |
| 2008 | $45,400 | $14,460 | $59,860 | $2,657 |
| 2007 | $45,400 | $14,460 | $59,860 | $2,646 |
Property facts
Year built
1986
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,395 sqft
Lot size
12,197 sqft
ZIP code
44052
City
Lorain
Street
Washington Ave
Coordinates
41.42308, -82.18018
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,548
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4940 Washington Ave last sell?
4940 Washington Ave most recently sold on Nov 22, 2022 for $258,000.
What is the current tax assessment for 4940 Washington Ave?
The most recent total assessment for 4940 Washington Ave (year 2025) is $82,790 with $3,107 in property tax.
How does 4940 Washington Ave's assessment compare to its last sale price?
The current assessment is 67.9% below the last sale price of $258,000.
When was 4940 Washington Ave built?
4940 Washington Ave was built in 1986.
How does 4940 Washington Ave compare to others on Washington Ave?
We track 8 other properties on Washington Ave. Browse the list under "Other properties on Washington Ave" to compare beds, baths, and sale history.
What are the property facts for 4940 Washington Ave?
4940 Washington Ave is a 3 bed, 3 bath, 2,395 sqft, 12,197 sqft lot single_family.
Is 4940 Washington Ave a flip candidate?
No — 4940 Washington Ave does not appear in our flips dataset.
Is 4940 Washington Ave a tax-appeal candidate?
No — 4940 Washington 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 Washington Ave