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3701 Palmerston Rd

Shaker Heights, OH 44122

6 bd 3 ba 2,948 sqft Built 1928 Lot 5,998 sqft multi_family
Most recent sale
$272,500
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 14, 2024 Listing removed $1,500 MLSNOW
Sep 14, 2024 Listed for rent $1,500 MLSNOW
Sep 13, 2024 Listing removed $1,600 MLSNOW
Jun 12, 2024 Listed for rent $1,600 MLSNOW
Dec 6, 2022 Listing removed $925 MLSNOW
Jun 13, 2022 Sold $272,500 Public Record
Jun 9, 2022 Sold $272,500 MLSNOW
May 6, 2022 Listed $229,750 MLS #4365064
Jun 23, 2021 Sold $207,500 MLS #4269366
May 15, 2021 Listed $189,900 MLS #4269366
Oct 17, 2020 Listing removed $1,200 MLSNOW
Mar 21, 2018 Listing removed $950 MLSNOW
Sep 29, 2017 Listed for rent $950 MLSNOW
Jul 8, 2015 Listing removed $950 MLSNOW
May 17, 2015 Price changed for rent $950 MLSNOW
Mar 31, 2015 Listing removed $1,150 MLSNOW
Mar 21, 2015 Listed for rent $1,100 MLSNOW
Mar 20, 2015 Listed for rent $1,150 MLSNOW
Sep 5, 2012 Listing removed $950 MLSNOW
Aug 14, 2012 Listing removed $880 MLSNOW
Jul 11, 2012 Price changed for rent $880 MLSNOW
Jun 13, 2012 Listed for rent $1,000 MLSNOW
Apr 7, 2010 Listing removed $850 MLSNOW
Nov 25, 2009 Listed for rent $850 MLSNOW
Dec 19, 2008 Listing removed $850 Cleveland
Jun 8, 1994 Sold $130,000 Public Record
Nov 16, 1990 Sold $108,250 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $80,330 $15,050 $95,380 $9,730
2024 $80,330 $15,050 $95,380 $8,575
2022 $62,130 $11,270 $73,400 $8,198
2021 $38,780 $11,270 $50,050 $5,606
2020 $35,250 $10,260 $45,510 $5,418
2019 $35,250 $10,260 $45,510 $5,341
2018 $35,250 $10,260 $45,510 $5,373
2017 $38,540 $8,860 $47,400 $5,877
2016 $38,540 $8,860 $47,400 $5,647
2015 $38,540 $8,860 $47,400 $5,557
2014 $37,770 $8,680 $46,450 $5,572
2013 $37,770 $8,680 $46,450 $5,191
2012 $37,770 $8,680 $46,450 $5,098
2010 $44,030 $9,100 $53,130 $5,624
2009 $44,030 $9,100 $53,130 $8,101
2008 $54,845 $9,800 $64,645 $82
2007 $54,850 $9,800 $64,650 $5,783

Property facts

Year built
1928
Property type
multi_family
Stories
3
Beds
6
Baths
3
Living area
2,948 sqft
Lot size
5,998 sqft
ZIP code
44122
City
Shaker Heights
Street
Palmerston Rd
Coordinates
41.45889, -81.55391

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,635
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3701 Palmerston Rd last sell?
3701 Palmerston Rd most recently sold on Jun 13, 2022 for $272,500.
What is the current tax assessment for 3701 Palmerston Rd?
The most recent total assessment for 3701 Palmerston Rd (year 2025) is $95,380 with $9,730 in property tax.
How does 3701 Palmerston Rd's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $272,500.
When was 3701 Palmerston Rd built?
3701 Palmerston Rd was built in 1928.
How does 3701 Palmerston Rd compare to others on Palmerston Rd?
We track 6 other properties on Palmerston Rd. Browse the list under "Other properties on Palmerston Rd" to compare beds, baths, and sale history.
What are the property facts for 3701 Palmerston Rd?
3701 Palmerston Rd is a 6 bed, 3 bath, 2,948 sqft, 5,998 sqft lot multi_family.
Is 3701 Palmerston Rd a flip candidate?
Yes — 3701 Palmerston Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3701 Palmerston Rd a tax-appeal candidate?
No — 3701 Palmerston 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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