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22500 Lake Rd

Rocky River, OH 44116

3 bd 2 ba 1,786 sqft Built 1975 Lot 151,588 sqft condo
Most recent sale
$341,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $341,000 MLS #4361180
Apr 4, 2022 Listed $319,000 MLS #4361180
Oct 15, 2021 Sold $306,000 MLS #4321884
Oct 1, 2021 Listed $279,900 MLS #4321884
Feb 21, 2020 Sold $250,000 MLS #4131390
Oct 16, 1998 Sold $182,500 Public Record
Jun 1, 1977 Sold $91,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $108,780 $10,570 $119,350 $6,575
2024 $108,780 $10,570 $119,350 $6,597
2022 $76,650 $10,850 $87,500 $5,916
2021 $76,650 $10,850 $87,500 $5,431
2020 $79,940 $8,890 $88,830 $5,555
2019 $79,940 $8,890 $88,830 $5,459
2018 $79,940 $8,890 $88,830 $5,443
2017 $65,490 $6,440 $71,930 $4,728
2016 $65,490 $6,440 $71,930 $4,603
2015 $65,490 $6,440 $71,930 $4,605
2014 $63,560 $6,270 $69,830 $4,663
2013 $63,560 $6,270 $69,830 $4,606
2012 $62,440 $6,970 $69,410 $4,467
2010 $62,440 $6,970 $69,410 $4,142
2009 $62,440 $6,970 $69,410 $4,030
2008 $65,730 $7,315 $73,045 $4,123
2007 $65,730 $7,320 $73,050 $3,760

Property facts

Year built
1975
Property type
condo
Stories
1
Beds
3
Baths
2
Living area
1,786 sqft
Lot size
151,588 sqft
ZIP code
44116
City
Rocky River
Street
Lake Rd
Coordinates
41.48242, -81.86931

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
$2,679
Gross rental yield
9.43%
Implied cap rate
6.13%
Trend-extrapolated value

Frequently asked questions

When did 22500 Lake Rd last sell?
22500 Lake Rd most recently sold on May 2, 2022 for $341,000.
What is the current tax assessment for 22500 Lake Rd?
The most recent total assessment for 22500 Lake Rd (year 2025) is $119,350 with $6,575 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 $341,000.
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 3 bed, 2 bath, 1,786 sqft, 151,588 sqft lot condo.
Is 22500 Lake Rd a flip candidate?
Yes — 22500 Lake Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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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