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18424 Newell Rd

Shaker Heights, OH 44122

6 bd 4 ba 2,688 sqft Built 1955 Lot 6,299 sqft multi_family
Most recent sale
$221,000
Feb 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2025 Sold $310,000 MLSNOW
Aug 11, 2025 Listed $299,000 MLSNOW
Aug 5, 2025 Listing removed $1,400 MLSNOW
Dec 6, 2022 Listing removed $1,400 MLSNOW
Feb 10, 2022 Sold $221,000 MLS #4341534
Jan 5, 2022 Listed $199,000 MLS #4341534
Jul 30, 2004 Sold $120,000 Public Record
Oct 13, 1999 Sold $150,000 Public Record
Oct 14, 1988 Sold $106,000 Public Record
Dec 24, 1984 Sold $102,300 Public Record
Sep 11, 1979 Sold $94,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $61,920 $15,440 $77,360 $8,014
2024 $61,920 $15,440 $77,360 $7,077
2022 $49,040 $11,660 $60,700 $6,810
2021 $49,040 $11,660 $60,700 $6,916
2020 $44,590 $10,610 $55,200 $6,564
2019 $44,590 $10,610 $55,200 $6,472
2018 $44,590 $10,610 $55,200 $6,510
2017 $39,170 $11,380 $50,550 $6,273
2016 $39,170 $11,380 $50,550 $6,190
2015 $39,170 $11,380 $50,550 $5,926
2014 $35,630 $10,330 $45,960 $5,596
2013 $35,630 $10,330 $45,960 $5,219
2012 $35,630 $10,330 $45,960 $5,128
2010 $39,870 $9,420 $49,290 $5,319
2009 $39,870 $9,420 $49,290 $4,870
2008 $45,885 $10,115 $56,000 $5,044
2007 $45,890 $10,120 $56,010 $4,987

Property facts

Year built
1955
Property type
multi_family
Stories
2
Beds
6
Baths
4
Living area
2,688 sqft
Lot size
6,299 sqft
ZIP code
44122
City
Shaker Heights
Street
Newell Rd
Coordinates
41.46315, -81.54970

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
$1,326
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 18424 Newell Rd last sell?
18424 Newell Rd most recently sold on Feb 10, 2022 for $221,000.
What is the current tax assessment for 18424 Newell Rd?
The most recent total assessment for 18424 Newell Rd (year 2025) is $77,360 with $8,014 in property tax.
How does 18424 Newell Rd's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $221,000.
When was 18424 Newell Rd built?
18424 Newell Rd was built in 1955.
How does 18424 Newell Rd compare to others on Newell Rd?
We track 8 other properties on Newell Rd. Browse the list under "Other properties on Newell Rd" to compare beds, baths, and sale history.
What are the property facts for 18424 Newell Rd?
18424 Newell Rd is a 6 bed, 4 bath, 2,688 sqft, 6,299 sqft lot multi_family.
Is 18424 Newell Rd a flip candidate?
No — 18424 Newell Rd does not appear in our flips dataset.
Is 18424 Newell Rd a tax-appeal candidate?
No — 18424 Newell 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
+4.0%
Implied 1-yr
+16.2%
2026 Q3
$581.8K
2026 Q4
$600.4K
ZIP 44122 — Median Price History + Forecast

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