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22500 Lake Rd

Rocky River, OH 44116

2 bd 2 ba 1,320 sqft Built 1975 condos
Most recent sale
$295,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $295,000 MLS #4407307
Sep 9, 2022 Listed $299,900 MLS #4407307
Aug 30, 2019 Sold $257,500 MLS #4056788
Dec 5, 2018 Listed $274,900 MLS #4056788
Jan 15, 1988 Sold $120,000 Public Record
Mar 1, 1978 Sold $78,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $92,930 $10,330 $103,260 $5,689
2024 $92,930 $10,330 $103,260 $5,707
2022 $79,730 $8,890 $88,620 $5,866
2021 $79,730 $8,890 $88,620 $5,372
2020 $65,350 $7,280 $72,630 $5,039
2019 $65,350 $7,280 $72,630 $5,072
2018 $65,350 $7,280 $72,630 $4,342
2017 $54,320 $5,220 $59,540 $3,801
2016 $54,320 $5,220 $59,540 $3,701
2015 $54,320 $5,220 $59,540 $3,702
2014 $52,710 $5,080 $57,790 $3,745
2013 $52,710 $5,080 $57,790 $3,698
2012 $52,710 $5,080 $57,790 $3,587
2010 $51,380 $6,020 $57,400 $3,323
2009 $51,380 $6,020 $57,400 $3,233
2008 $59,570 $6,335 $65,905 $3,666
2007 $59,570 $6,340 $65,910 $3,342

Property facts

Year built
1975
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,320 sqft
Lot size
ZIP code
44116
City
Rocky River
Street
Lake Rd
Coordinates
41.48248, -81.86973

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,980
Gross rental yield
8.05%
Implied cap rate
5.24%
Trend-extrapolated value

Frequently asked questions

When did 22500 Lake Rd last sell?
22500 Lake Rd most recently sold on Oct 3, 2022 for $295,000.
What is the current tax assessment for 22500 Lake Rd?
The most recent total assessment for 22500 Lake Rd (year 2025) is $103,260 with $5,689 in property tax.
How does 22500 Lake Rd's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $295,000.
When was 22500 Lake Rd built?
22500 Lake Rd was built in 1975.
How does 22500 Lake Rd compare to others on Lake Rd?
We track 8 other properties on Lake Rd. Browse the list under "Other properties on Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 22500 Lake Rd?
22500 Lake Rd is a 2 bed, 2 bath, 1,320 sqft condos.
Is 22500 Lake Rd a flip candidate?
No — 22500 Lake Rd does not appear in our flips dataset.
Is 22500 Lake Rd a tax-appeal candidate?
No — 22500 Lake 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
-8.1%
Implied 1-yr
-32.2%
2026 Q3
$525K
2026 Q4
$525K
ZIP 44116 — Median Price History + Forecast

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