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48040 Adams Rd

Racine, OH 45771

3 bd 1 ba 2,820 sqft Built 1982 Lot 43,560 sqft single_family
Most recent sale
$140,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2024 Sold $175,000 Public Record
Jul 13, 2022 Sold $140,000 Public Record
Jul 8, 2022 Sold $140,000 MLSNOW
May 25, 2022 Listed $148,000 MLS #2429451
Feb 17, 2021 Sold $118,000 Public Record
Dec 14, 2017 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $39,360 $4,620 $43,980 $1,482
2024 $32,910 $4,010 $36,920 $1,300
2023 $32,910 $4,010 $36,920 $1,272
2022 $32,910 $4,010 $36,920 $1,236
2021 $28,060 $4,030 $32,090 $1,117
2020 $28,060 $4,030 $32,090 $1,246
2019 $28,060 $4,030 $32,090 $1,183
2018 $27,240 $2,420 $29,660 $1,101
2017 $27,240 $2,420 $29,660 $1,089
2016 $27,240 $2,420 $29,660 $1,077
2015 $23,650 $2,350 $26,000 $958
2014 $23,650 $2,350 $26,000 $957
2013 $23,650 $2,350 $26,000 $957
2012 $21,900 $2,350 $24,250 $897
2011 $21,900 $2,350 $24,250 $818
2010 $21,900 $2,350 $24,250 $818
2008 $25,040 $2,120 $27,160 $928
2007 $25,040 $2,120 $27,160 $916

Property facts

Year built
1982
Property type
single_family
Stories
Beds
3
Baths
1
Living area
2,820 sqft
Lot size
43,560 sqft
ZIP code
45771
City
Racine
Street
Adams Rd
Coordinates
38.90802, -81.90323

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 48040 Adams Rd last sell?
48040 Adams Rd most recently sold on Jul 13, 2022 for $140,000.
What is the current tax assessment for 48040 Adams Rd?
The most recent total assessment for 48040 Adams Rd (year 2025) is $43,980 with $1,482 in property tax.
How does 48040 Adams Rd's assessment compare to its last sale price?
The current assessment is 68.6% below the last sale price of $140,000.
When was 48040 Adams Rd built?
48040 Adams Rd was built in 1982.
How does 48040 Adams Rd compare to others on Adams Rd?
We track 3 other properties on Adams Rd. Browse the list under "Other properties on Adams Rd" to compare beds, baths, and sale history.
What are the property facts for 48040 Adams Rd?
48040 Adams Rd is a 3 bed, 1 bath, 2,820 sqft, 43,560 sqft lot single_family.
Is 48040 Adams Rd a flip candidate?
Yes — 48040 Adams Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 48040 Adams Rd a tax-appeal candidate?
No — 48040 Adams 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
+1.5%
Implied 1-yr
+5.8%
2026 Q1
$215.7K
2026 Q2
$218.6K
ZIP 45771 — Median Price History + Forecast

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