540 Nelmar Dr
Painesville, OH 44077
3 bd 2 ba 1,344 sqft Built 1985 Lot 15,224 sqft single_family
Most recent sale
$180,000
Feb 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 11, 2022 | Sold | $180,000 | MLS #4340854 |
| Dec 30, 2021 | Listed | $179,900 | MLS #4340854 |
| Sep 23, 1993 | Sold | $105,900 | Public Record |
| Jun 1, 1990 | Sold | $92,000 | Public Record |
| Aug 19, 1988 | Sold | $79,000 | Public Record |
| Aug 7, 1987 | Sold | $77,500 | Public Record |
| Sep 11, 1986 | Sold | $75,000 | Public Record |
| Feb 28, 1985 | Sold | $62,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $51,720 | $18,510 | $70,230 | $3,426 |
| 2024 | $51,720 | $18,510 | $70,230 | $3,452 |
| 2023 | $38,200 | $14,880 | $53,080 | $3,192 |
| 2022 | $38,200 | $14,880 | $53,080 | $3,114 |
| 2021 | $38,200 | $14,880 | $53,080 | $3,126 |
| 2020 | $33,220 | $12,940 | $46,160 | $3,080 |
| 2019 | $33,220 | $12,940 | $46,160 | $3,103 |
| 2018 | $33,220 | $12,940 | $46,160 | $3,113 |
| 2017 | $31,390 | $10,890 | $42,280 | $2,939 |
| 2016 | $31,390 | $10,890 | $42,280 | $2,588 |
| 2015 | $31,390 | $10,890 | $42,280 | $2,462 |
| 2014 | $31,390 | $10,890 | $42,280 | $2,502 |
| 2013 | $31,390 | $10,890 | $42,280 | $2,419 |
| 2012 | $31,390 | $10,890 | $42,280 | $2,295 |
| 2011 | $31,060 | $11,270 | $42,330 | $2,222 |
| 2010 | $31,060 | $11,270 | $42,330 | $2,217 |
| 2009 | $31,055 | $11,273 | $42,328 | $2,048 |
| 2007 | $35,291 | $12,810 | $48,101 | $2,132 |
Property facts
Year built
1985
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,344 sqft
Lot size
15,224 sqft
ZIP code
44077
City
Painesville
Street
Nelmar Dr
Coordinates
41.72465, -81.20976
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,016
Gross rental yield
13.44%
Implied cap rate
8.74%
Trend-extrapolated value
—
Frequently asked questions
When did 540 Nelmar Dr last sell?
540 Nelmar Dr most recently sold on Feb 11, 2022 for $180,000.
What is the current tax assessment for 540 Nelmar Dr?
The most recent total assessment for 540 Nelmar Dr (year 2025) is $70,230 with $3,426 in property tax.
How does 540 Nelmar Dr's assessment compare to its last sale price?
The current assessment is 61.0% below the last sale price of $180,000.
When was 540 Nelmar Dr built?
540 Nelmar Dr was built in 1985.
How does 540 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 540 Nelmar Dr?
540 Nelmar Dr is a 3 bed, 2 bath, 1,344 sqft, 15,224 sqft lot single_family.
Is 540 Nelmar Dr a flip candidate?
No — 540 Nelmar Dr does not appear in our flips dataset.
Is 540 Nelmar Dr a tax-appeal candidate?
No — 540 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
Explore nearby
Geography
Other properties on Nelmar Dr