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545 Cherrywood Ln

Painesville, OH 44077

4 bd 3 ba 1,908 sqft Built 2022 single_family
Most recent sale
$291,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 11, 2024 Listing removed $282,585 MLSNOW
Mar 25, 2022 Sold $291,000 MLS #4349722
Mar 1, 2022 Price changed $285,000 MLS #4349722
Feb 25, 2022 Listed $289,990 MLS #4349722

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $19,420 $19,420 $4,544
2024 $19,420 $19,420 $4,448
2023 $19,420 $19,420 $4,394
2022 $66,740 $19,420 $86,160 $4,472
2021 $19,420 $19,420 $1,012

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,908 sqft
Lot size
ZIP code
44077
City
Painesville
Street
Cherrywood Ln
Coordinates
41.70918, -81.28150

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,862
Gross rental yield
11.80%
Implied cap rate
7.67%
Trend-extrapolated value

Frequently asked questions

When did 545 Cherrywood Ln last sell?
545 Cherrywood Ln most recently sold on Mar 25, 2022 for $291,000.
What is the current tax assessment for 545 Cherrywood Ln?
The most recent total assessment for 545 Cherrywood Ln (year 2025) is $19,420 with $4,544 in property tax.
How does 545 Cherrywood Ln's assessment compare to its last sale price?
The current assessment is 93.3% below the last sale price of $291,000.
When was 545 Cherrywood Ln built?
545 Cherrywood Ln was built in 2022.
How does 545 Cherrywood Ln compare to others on Cherrywood Ln?
We track 8 other properties on Cherrywood Ln. Browse the list under "Other properties on Cherrywood Ln" to compare beds, baths, and sale history.
What are the property facts for 545 Cherrywood Ln?
545 Cherrywood Ln is a 4 bed, 3 bath, 1,908 sqft single_family.
Is 545 Cherrywood Ln a flip candidate?
No — 545 Cherrywood Ln does not appear in our flips dataset.
Is 545 Cherrywood Ln a tax-appeal candidate?
No — 545 Cherrywood Ln 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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