501 Walnut Ave
Painesville, OH 44077
3 bd 2 ba 1,222 sqft Built 1925 Lot 3,951 sqft single_family
Most recent sale
$130,000
Aug 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 24, 2022 | Sold | $130,000 | MLS #4386401 |
| Jun 27, 2022 | Listed | $130,000 | MLS #4386401 |
| Feb 16, 2019 | Listed | $109,900 | MLS #4024934 |
| Feb 15, 2019 | Sold | $105,000 | MLS #4024934 |
| Dec 12, 2018 | Price changed | $109,900 | MLS #4024934 |
| Oct 23, 2018 | Price changed | $114,900 | MLS #4024934 |
| Aug 31, 2018 | Listed | $124,900 | MLS #4024934 |
| May 12, 2009 | Sold | $74,000 | Public Record |
| Apr 30, 1990 | Sold | $50,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $41,300 | $7,090 | $48,390 | $2,285 |
| 2024 | $41,300 | $7,090 | $48,390 | $2,333 |
| 2023 | $31,740 | $5,860 | $37,600 | $2,260 |
| 2022 | $31,740 | $5,860 | $37,600 | $2,282 |
| 2021 | $31,740 | $5,860 | $37,600 | $2,282 |
| 2020 | $26,900 | $4,960 | $31,860 | $2,211 |
| 2019 | $26,900 | $4,960 | $31,860 | $2,287 |
| 2018 | $26,900 | $4,960 | $31,860 | $2,210 |
| 2017 | $17,490 | $7,510 | $25,000 | $1,825 |
| 2016 | $17,490 | $7,510 | $25,000 | $1,816 |
| 2015 | $17,490 | $7,510 | $25,000 | $1,812 |
| 2014 | $17,490 | $7,510 | $25,000 | $1,807 |
| 2013 | $17,490 | $7,510 | $25,000 | $1,759 |
| 2012 | $17,490 | $7,510 | $25,000 | $1,626 |
| 2011 | $22,190 | $7,530 | $29,720 | $1,653 |
| 2010 | $22,190 | $7,530 | $29,720 | $1,634 |
| 2009 | $22,193 | $7,528 | $29,721 | $1,556 |
| 2007 | $24,658 | $8,365 | $33,023 | $1,570 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,222 sqft
Lot size
3,951 sqft
ZIP code
44077
City
Painesville
Street
Walnut Ave
Coordinates
41.71371, -81.25304
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Walnut Ave last sell?
501 Walnut Ave most recently sold on Aug 24, 2022 for $130,000.
What is the current tax assessment for 501 Walnut Ave?
The most recent total assessment for 501 Walnut Ave (year 2025) is $48,390 with $2,285 in property tax.
How does 501 Walnut Ave's assessment compare to its last sale price?
The current assessment is 62.8% below the last sale price of $130,000.
When was 501 Walnut Ave built?
501 Walnut Ave was built in 1925.
How does 501 Walnut Ave compare to others on Walnut Ave?
We track 8 other properties on Walnut Ave. Browse the list under "Other properties on Walnut Ave" to compare beds, baths, and sale history.
What are the property facts for 501 Walnut Ave?
501 Walnut Ave is a 3 bed, 2 bath, 1,222 sqft, 3,951 sqft lot single_family.
Is 501 Walnut Ave a flip candidate?
No — 501 Walnut Ave does not appear in our flips dataset.
Is 501 Walnut Ave a tax-appeal candidate?
No — 501 Walnut Ave 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 Walnut Ave