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5585 Walnut St

Mentor On The Lake, OH 44060

2 bd 1 ba 871 sqft Built 1920 Lot 7,919 sqft single_family
Most recent sale
$150,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $150,000 MLS #4367247
Apr 26, 2022 Listed $139,900 MLS #4367247
Oct 16, 2020 Sold $123,000 MLS #4216746
Oct 7, 2016 Sold $91,000 MLS #3834444
Aug 9, 2016 Listed $89,900 MLS #3834444
Aug 10, 2012 Sold $86,500 MLS #3299313
May 17, 2012 Price changed $88,000 MLS #3299313
Apr 23, 2012 Price changed $95,000 MLS #3299313
Mar 8, 2012 Listed $100,000 MLS #3299313
Oct 17, 2009 Sold $122,000 MLS #2216066
Jul 8, 2005 Sold $122,000 Public Record
May 30, 2005 Listed $124,500 MLS #2216066

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,150 $13,450 $55,600 $2,667
2024 $42,150 $13,450 $55,600 $2,730
2023 $33,820 $11,430 $45,250 $2,594
2022 $33,820 $11,430 $45,250 $2,572
2021 $33,820 $11,430 $45,250 $2,578
2020 $22,440 $9,370 $31,810 $2,341
2019 $22,440 $9,370 $31,810 $2,049
2018 $22,440 $9,370 $31,810 $2,044
2017 $16,530 $12,570 $29,100 $1,986
2016 $16,530 $12,570 $29,100 $1,977
2015 $16,530 $12,570 $29,100 $1,931
2014 $16,530 $12,570 $29,100 $1,998
2013 $16,530 $12,570 $29,100 $1,721
2012 $16,530 $12,570 $29,100 $1,726
2011 $18,660 $13,150 $31,810 $1,789
2010 $18,660 $13,150 $31,810 $1,806
2009 $18,658 $13,149 $31,807 $1,694
2007 $20,965 $14,774 $35,739 $1,904

Property facts

Year built
1920
Property type
single_family
Stories
Beds
2
Baths
1
Living area
871 sqft
Lot size
7,919 sqft
ZIP code
44060
City
Mentor On The Lake
Street
Walnut St
Coordinates
41.71923, -81.35749

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,307
Gross rental yield
10.46%
Implied cap rate
6.80%
Trend-extrapolated value

Frequently asked questions

When did 5585 Walnut St last sell?
5585 Walnut St most recently sold on May 20, 2022 for $150,000.
What is the current tax assessment for 5585 Walnut St?
The most recent total assessment for 5585 Walnut St (year 2025) is $55,600 with $2,667 in property tax.
How does 5585 Walnut St's assessment compare to its last sale price?
The current assessment is 62.9% below the last sale price of $150,000.
When was 5585 Walnut St built?
5585 Walnut St was built in 1920.
How does 5585 Walnut St compare to others on Walnut St?
We track 5 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 5585 Walnut St?
5585 Walnut St is a 2 bed, 1 bath, 871 sqft, 7,919 sqft lot single_family.
Is 5585 Walnut St a flip candidate?
Yes — 5585 Walnut St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5585 Walnut St a tax-appeal candidate?
No — 5585 Walnut St 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$294.8K
2026 Q4
$296.8K
ZIP 44060 — Median Price History + Forecast

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