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48 Grove Ave

Shelby, OH 44875

3 bd 1 ba 940 sqft Built 1920 Lot 6,499 sqft single_family
Most recent sale
$119,000
Oct 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2022 Sold $119,000 Public Record
Sep 12, 2022 Listed $119,000 MLS #9054743
Dec 21, 2007 Sold $73,000 Public Record
May 4, 2004 Sold $67,000 Public Record
Nov 19, 2003 Sold $23,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $35,840 $4,030 $39,870 $1,489
2024 $35,840 $4,030 $39,870 $1,525
2023 $35,840 $4,030 $39,870 $1,528
2022 $19,740 $4,080 $23,820 $1,019
2021 $19,740 $4,080 $23,820 $1,020
2020 $17,550 $4,080 $21,630 $925
2019 $14,870 $3,460 $18,330 $855
2018 $14,870 $3,460 $18,330 $846
2017 $14,870 $3,460 $18,330 $838
2016 $15,010 $3,290 $18,300 $832
2015 $15,010 $3,290 $18,300 $827
2014 $15,010 $3,290 $18,300 $799
2013 $15,800 $3,460 $19,260 $838
2012 $15,800 $3,460 $19,260 $827
2011 $15,800 $3,460 $19,260 $822
2010 $17,120 $3,460 $20,580 $871
2009 $17,120 $3,460 $20,580 $749
2008 $17,120 $3,460 $20,580 $747
2007 $17,120 $3,460 $20,580 $749

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
940 sqft
Lot size
6,499 sqft
ZIP code
44875
City
Shelby
Street
Grove Ave
Coordinates
40.87909, -82.67635

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
$1,410
Gross rental yield
14.22%
Implied cap rate
9.24%
Trend-extrapolated value

Frequently asked questions

When did 48 Grove Ave last sell?
48 Grove Ave most recently sold on Oct 18, 2022 for $119,000.
What is the current tax assessment for 48 Grove Ave?
The most recent total assessment for 48 Grove Ave (year 2025) is $39,870 with $1,489 in property tax.
How does 48 Grove Ave's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $119,000.
When was 48 Grove Ave built?
48 Grove Ave was built in 1920.
How does 48 Grove Ave compare to others on Grove Ave?
We track 8 other properties on Grove Ave. Browse the list under "Other properties on Grove Ave" to compare beds, baths, and sale history.
What are the property facts for 48 Grove Ave?
48 Grove Ave is a 3 bed, 1 bath, 940 sqft, 6,499 sqft lot single_family.
Is 48 Grove Ave a flip candidate?
No — 48 Grove Ave does not appear in our flips dataset.
Is 48 Grove Ave a tax-appeal candidate?
No — 48 Grove Ave 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
+1.4%
Implied 1-yr
+5.4%
2026 Q1
$176.4K
2026 Q2
$178.6K
ZIP 44875 — Median Price History + Forecast

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