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387 Fairgrounds Rd

Painesville, OH 44077

3 bd 4 ba 3,196 sqft Built 1947 Lot 23,000 sqft single_family
Most recent sale
$274,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $274,000 MLS #4391930
Aug 15, 2022 Price changed $264,900 MLS #4391930
Jul 15, 2022 Listed $270,000 MLS #4391930
Mar 26, 1998 Sold $80,500 Public Record
Jan 25, 1991 Sold $64,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $87,990 $22,490 $110,480 $5,391
2024 $87,990 $22,490 $110,480 $5,431
2023 $60,880 $19,510 $80,390 $4,837
2022 $60,880 $19,510 $80,390 $5,208
2021 $60,880 $19,510 $80,390 $5,220
2020 $48,700 $15,610 $64,310 $4,769
2019 $48,700 $15,610 $64,310 $4,792
2018 $48,700 $15,610 $64,310 $4,806
2017 $52,410 $17,440 $69,850 $5,327
2016 $52,410 $17,440 $69,850 $4,741
2015 $52,410 $17,440 $69,850 $4,526
2014 $52,410 $17,440 $69,850 $4,594
2013 $52,410 $17,440 $69,850 $4,475
2012 $52,410 $17,440 $69,850 $4,235
2011 $55,500 $18,070 $73,570 $4,313
2010 $55,500 $18,070 $73,570 $4,300
2009 $55,496 $18,070 $73,566 $3,661
2007 $63,063 $20,535 $83,598 $4,107

Property facts

Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
3,196 sqft
Lot size
23,000 sqft
ZIP code
44077
City
Painesville
Street
Fairgrounds Rd
Coordinates
41.69473, -81.26740

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,644
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 387 Fairgrounds Rd last sell?
387 Fairgrounds Rd most recently sold on Oct 12, 2022 for $274,000.
What is the current tax assessment for 387 Fairgrounds Rd?
The most recent total assessment for 387 Fairgrounds Rd (year 2025) is $110,480 with $5,391 in property tax.
How does 387 Fairgrounds Rd's assessment compare to its last sale price?
The current assessment is 59.7% below the last sale price of $274,000.
When was 387 Fairgrounds Rd built?
387 Fairgrounds Rd was built in 1947.
How does 387 Fairgrounds Rd compare to others on Fairgrounds Rd?
We track 8 other properties on Fairgrounds Rd. Browse the list under "Other properties on Fairgrounds Rd" to compare beds, baths, and sale history.
What are the property facts for 387 Fairgrounds Rd?
387 Fairgrounds Rd is a 3 bed, 4 bath, 3,196 sqft, 23,000 sqft lot single_family.
Is 387 Fairgrounds Rd a flip candidate?
No — 387 Fairgrounds Rd does not appear in our flips dataset.
Is 387 Fairgrounds Rd a tax-appeal candidate?
No — 387 Fairgrounds 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
-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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