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49 Melrose Dr

Painesville, OH 44077

4 bd 2 ba 1,700 sqft Built 1990 Lot 19,994 sqft single_family
Most recent sale
$219,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $219,000 MLS #4379318
Jun 5, 2022 Listed $209,900 MLS #4379318
May 6, 2015 Sold $125,000 MLS #3680894
Mar 27, 2015 Relisted $134,900 MLS #3680894
Mar 25, 2015 Listing removed $134,900 MLSNOW
Jan 28, 2015 Listed $134,900 MLS #3680894
Oct 17, 2009 Sold $172,000 MLS #2373690
Sep 21, 2007 Sold $172,000 Public Record
May 1, 2007 Listed $179,700 MLS #2373690
Dec 29, 1995 Sold $120,000 Public Record
Jun 15, 1990 Sold $92,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $61,940 $21,530 $83,470 $4,065
2024 $61,940 $21,530 $83,470 $4,095
2023 $45,380 $18,670 $64,050 $3,843
2022 $45,380 $18,670 $64,050 $3,750
2021 $45,380 $18,970 $64,350 $3,781
2020 $25,880 $17,870 $43,750 $2,925
2019 $25,880 $17,870 $43,750 $2,947
2018 $25,880 $17,870 $43,750 $2,956
2017 $25,880 $17,870 $43,750 $3,040
2016 $25,880 $17,870 $43,750 $2,677
2015 $25,880 $17,870 $43,750 $2,547
2014 $37,730 $17,870 $55,600 $3,816
2013 $37,730 $17,870 $55,600 $3,622
2012 $37,730 $17,870 $55,600 $3,362
2011 $37,580 $18,520 $56,100 $3,276
2010 $37,580 $18,520 $56,100 $3,263
2009 $37,579 $18,522 $56,101 $2,714
2007 $42,707 $21,046 $63,753 $2,896

Property facts

Year built
1990
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,700 sqft
Lot size
19,994 sqft
ZIP code
44077
City
Painesville
Street
Melrose Dr
Coordinates
41.70152, -81.27948

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,550
Gross rental yield
13.97%
Implied cap rate
9.08%
Trend-extrapolated value

Frequently asked questions

When did 49 Melrose Dr last sell?
49 Melrose Dr most recently sold on Jul 29, 2022 for $219,000.
What is the current tax assessment for 49 Melrose Dr?
The most recent total assessment for 49 Melrose Dr (year 2025) is $83,470 with $4,065 in property tax.
How does 49 Melrose Dr's assessment compare to its last sale price?
The current assessment is 61.9% below the last sale price of $219,000.
When was 49 Melrose Dr built?
49 Melrose Dr was built in 1990.
How does 49 Melrose Dr compare to others on Melrose Dr?
We track 5 other properties on Melrose Dr. Browse the list under "Other properties on Melrose Dr" to compare beds, baths, and sale history.
What are the property facts for 49 Melrose Dr?
49 Melrose Dr is a 4 bed, 2 bath, 1,700 sqft, 19,994 sqft lot single_family.
Is 49 Melrose Dr a flip candidate?
No — 49 Melrose Dr does not appear in our flips dataset.
Is 49 Melrose Dr a tax-appeal candidate?
No — 49 Melrose 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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