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5345 Lance Rd

Medina, OH 44256

3 bd 2 ba 1,942 sqft Built 1978 Lot 136,343 sqft single_family
Most recent sale
$401,500
Apr 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2024 Sold $401,500 MLSNOW
Mar 21, 2024 Listed $388,500 MLSNOW
Dec 18, 2020 Sold $275,000 MLSNOW
Mar 27, 1998 Sold $164,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $117,930 $37,030 $154,960 $5,511
2023 $57,890 $32,410 $90,300 $3,521
2022 $57,890 $32,410 $90,300 $3,704
2021 $40,340 $25,320 $65,660 $2,943
2020 $40,340 $25,320 $65,660 $2,598
2019 $40,340 $25,320 $65,660 $2,612
2018 $33,160 $23,300 $56,460 $2,289
2017 $33,160 $23,300 $56,460 $2,293
2016 $33,160 $23,300 $56,460 $2,206
2015 $30,990 $21,780 $52,770 $2,117
2014 $30,990 $21,780 $52,770 $2,109
2013 $30,990 $21,780 $52,770 $1,957
2012 $31,170 $23,680 $54,850 $2,041
2011 $31,170 $23,680 $54,850 $1,996
2010 $31,170 $23,680 $54,850 $1,998
2009 $34,640 $27,220 $61,860 $2,165
2008 $34,640 $27,220 $61,860 $2,156
2007 $34,640 $27,220 $61,860 $2,182

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,942 sqft
Lot size
136,343 sqft
ZIP code
44256
City
Medina
Street
Lance Rd
Coordinates
41.12770, -81.94765

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,913
Gross rental yield
8.71%
Implied cap rate
5.66%
Trend-extrapolated value

Frequently asked questions

When did 5345 Lance Rd last sell?
5345 Lance Rd most recently sold on Apr 22, 2024 for $401,500.
What is the current tax assessment for 5345 Lance Rd?
The most recent total assessment for 5345 Lance Rd (year 2025) is $154,960 with $5,511 in property tax.
How does 5345 Lance Rd's assessment compare to its last sale price?
The current assessment is 61.4% below the last sale price of $401,500.
When was 5345 Lance Rd built?
5345 Lance Rd was built in 1978.
How does 5345 Lance Rd compare to others on Lance Rd?
We track 8 other properties on Lance Rd. Browse the list under "Other properties on Lance Rd" to compare beds, baths, and sale history.
What are the property facts for 5345 Lance Rd?
5345 Lance Rd is a 3 bed, 2 bath, 1,942 sqft, 136,343 sqft lot single_family.
Is 5345 Lance Rd a flip candidate?
No — 5345 Lance Rd does not appear in our flips dataset.
Is 5345 Lance Rd a tax-appeal candidate?
No — 5345 Lance Rd 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
+3.9%
Implied 1-yr
+15.4%
2026 Q3
$473K
2026 Q4
$487.6K
ZIP 44256 — Median Price History + Forecast

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