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538 Cherrywood Dr

Painesville, OH 44077

4 bd 3 ba 1,903 sqft Built 2022 single_family
Most recent sale
$301,995
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2025 Listing removed $2,500 MLSNOW
Jul 15, 2022 Sold $301,995 MLS #4348496
Apr 12, 2022 Sold $57,200 Public Record
Feb 11, 2022 Listed $301,995 MLS #4348496

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $20,730 $20,730 $5,547
2024 $20,730 $20,730 $5,545
2023 $20,730 $20,730 $4,995
2022 $20,730 $20,730 $1,076
2021 $20,730 $20,730 $6,230

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,903 sqft
Lot size
ZIP code
44077
City
Painesville
Street
Cherrywood Dr
Coordinates
41.71025, -81.28071

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,855
Gross rental yield
11.34%
Implied cap rate
7.37%
Trend-extrapolated value

Frequently asked questions

When did 538 Cherrywood Dr last sell?
538 Cherrywood Dr most recently sold on Jul 15, 2022 for $301,995.
What is the current tax assessment for 538 Cherrywood Dr?
The most recent total assessment for 538 Cherrywood Dr (year 2025) is $20,730 with $5,547 in property tax.
How does 538 Cherrywood Dr's assessment compare to its last sale price?
The current assessment is 93.1% below the last sale price of $301,995.
When was 538 Cherrywood Dr built?
538 Cherrywood Dr was built in 2022.
How does 538 Cherrywood Dr compare to others on Cherrywood Dr?
We do not currently track other properties on Cherrywood Dr.
What are the property facts for 538 Cherrywood Dr?
538 Cherrywood Dr is a 4 bed, 3 bath, 1,903 sqft single_family.
Is 538 Cherrywood Dr a flip candidate?
Yes — 538 Cherrywood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 538 Cherrywood Dr a tax-appeal candidate?
No — 538 Cherrywood Dr 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
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$249.2K
2026 Q4
$248.3K
ZIP 44077 — Median Price History + Forecast

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