261 Nelmar Dr
Painesville, OH 44077
3 bd 2 ba 1,552 sqft Built 1980 Lot 27,181 sqft single_family
Most recent sale
$277,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $277,000 | MLS #4380987 |
| Jun 25, 2022 | Price changed | $279,900 | MLS #4380987 |
| Jun 16, 2022 | Listed | $293,900 | MLS #4380987 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $69,050 | $18,030 | $87,080 | $3,240 |
| 2024 | $69,050 | $18,030 | $87,080 | $3,825 |
| 2023 | $46,860 | $14,490 | $61,350 | $3,138 |
| 2022 | $46,860 | $14,490 | $61,350 | $3,087 |
| 2021 | $46,860 | $14,490 | $61,350 | $3,098 |
| 2020 | $40,750 | $12,600 | $53,350 | $2,977 |
| 2019 | $40,750 | $12,600 | $53,350 | $3,580 |
| 2018 | $40,750 | $12,600 | $53,350 | $3,009 |
| 2017 | $34,920 | $10,670 | $45,590 | $2,566 |
| 2016 | $34,920 | $10,670 | $45,590 | $2,261 |
| 2015 | $34,920 | $10,670 | $45,590 | $2,151 |
| 2014 | $34,920 | $10,670 | $45,590 | $2,186 |
| 2013 | $34,920 | $10,670 | $45,590 | $2,110 |
| 2012 | $34,920 | $10,670 | $45,590 | $2,002 |
| 2011 | $39,540 | $11,050 | $50,590 | $2,196 |
| 2010 | $39,540 | $11,050 | $50,590 | $2,191 |
| 2009 | $39,543 | $11,049 | $50,592 | $2,024 |
| 2007 | $44,933 | $12,555 | $57,488 | $2,160 |
Property facts
Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,552 sqft
Lot size
27,181 sqft
ZIP code
44077
City
Painesville
Street
Nelmar Dr
Coordinates
41.72092, -81.21304
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,328
Gross rental yield
10.09%
Implied cap rate
6.56%
Trend-extrapolated value
—
Frequently asked questions
When did 261 Nelmar Dr last sell?
261 Nelmar Dr most recently sold on Oct 14, 2022 for $277,000.
What is the current tax assessment for 261 Nelmar Dr?
The most recent total assessment for 261 Nelmar Dr (year 2025) is $87,080 with $3,240 in property tax.
How does 261 Nelmar Dr's assessment compare to its last sale price?
The current assessment is 68.6% below the last sale price of $277,000.
When was 261 Nelmar Dr built?
261 Nelmar Dr was built in 1980.
How does 261 Nelmar Dr compare to others on Nelmar Dr?
We track 8 other properties on Nelmar Dr. Browse the list under "Other properties on Nelmar Dr" to compare beds, baths, and sale history.
What are the property facts for 261 Nelmar Dr?
261 Nelmar Dr is a 3 bed, 2 bath, 1,552 sqft, 27,181 sqft lot single_family.
Is 261 Nelmar Dr a flip candidate?
No — 261 Nelmar Dr does not appear in our flips dataset.
Is 261 Nelmar Dr a tax-appeal candidate?
No — 261 Nelmar Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography
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