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2480 Farmstead Rd

Richfield, OH 44286

5 bd 4 ba 3,944 sqft Built 1978 Lot 193,406 sqft single_family
Most recent sale
$620,000
Apr 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 9, 2024 Sold $620,000 MLSNOW
Feb 7, 2024 Listed $649,900 MLSNOW
May 31, 2000 Sold $340,000 Public Record
Jun 27, 1986 Sold $165,000 Public Record
Jan 18, 1983 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $100,149 $39,879 $140,028 $7,748
2024 $100,149 $39,879 $140,028 $7,732
2023 $100,149 $39,879 $140,028 $7,301
2022 $92,771 $36,925 $129,696 $7,864
2021 $92,771 $36,925 $129,696 $7,738
2020 $92,771 $36,925 $129,696 $7,585
2019 $79,163 $34,710 $113,873 $7,102
2018 $79,163 $34,710 $113,873 $7,019
2017 $79,163 $34,710 $113,873 $7,042
2016 $75,572 $34,710 $110,282 $7,118
2015 $75,572 $34,710 $110,282 $6,854
2014 $75,572 $34,710 $110,282 $6,667
2013 $86,594 $34,710 $121,304 $7,239
2012 $86,594 $34,710 $121,304 $7,253
2011 $86,594 $34,710 $121,304 $7,247
2010 $94,091 $36,925 $131,016 $6,890
2008 $94,091 $36,925 $131,016 $6,939
2007 $92,551 $33,971 $126,522 $6,552

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,944 sqft
Lot size
193,406 sqft
ZIP code
44286
City
Richfield
Street
Farmstead Rd
Coordinates
41.19802, -81.61310

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,916
Gross rental yield
11.45%
Implied cap rate
7.44%
Trend-extrapolated value

Frequently asked questions

When did 2480 Farmstead Rd last sell?
2480 Farmstead Rd most recently sold on Apr 9, 2024 for $620,000.
What is the current tax assessment for 2480 Farmstead Rd?
The most recent total assessment for 2480 Farmstead Rd (year 2025) is $140,028 with $7,748 in property tax.
How does 2480 Farmstead Rd's assessment compare to its last sale price?
The current assessment is 77.4% below the last sale price of $620,000.
When was 2480 Farmstead Rd built?
2480 Farmstead Rd was built in 1978.
How does 2480 Farmstead Rd compare to others on Farmstead Rd?
We track 7 other properties on Farmstead Rd. Browse the list under "Other properties on Farmstead Rd" to compare beds, baths, and sale history.
What are the property facts for 2480 Farmstead Rd?
2480 Farmstead Rd is a 5 bed, 4 bath, 3,944 sqft, 193,406 sqft lot single_family.
Is 2480 Farmstead Rd a flip candidate?
No — 2480 Farmstead Rd does not appear in our flips dataset.
Is 2480 Farmstead Rd a tax-appeal candidate?
No — 2480 Farmstead 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
+9.1%
Implied 1-yr
+36.3%
2026 Q3
$1.22M
2026 Q4
$1.29M
ZIP 44286 — Median Price History + Forecast

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