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498 Fernwood Ave

Tallmadge, OH 44278

2 bd 2 ba 1,606 sqft Built 1958 Lot 19,998 sqft single_family
Most recent sale
$242,900
Nov 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2022 Listing removed $229,900 MLSNOW
Nov 7, 2022 Sold $242,900 MLSNOW
Sep 30, 2022 Price changed $242,900 MLS #4410492
Sep 23, 2022 Listed $249,900 MLS #4410492
Jun 29, 2022 Listed $229,900 MLS #4385379
Dec 18, 2014 Listing removed $117,900 CambridgeOH
Dec 5, 2014 Sold $122,000 MLS #3665551
Nov 10, 2014 Listed $117,900 MLS #3665551
Nov 4, 2014 Listed $117,900 MLS #3665551
Jul 15, 2003 Sold $140,000 Public Record
Jun 15, 1990 Sold $84,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $52,241 $15,446 $67,687 $3,499
2024 $52,241 $15,446 $67,687 $3,492
2023 $52,241 $15,446 $67,687 $3,375
2022 $36,320 $10,878 $47,198 $2,879
2021 $36,320 $10,878 $47,198 $2,892
2020 $36,320 $10,878 $47,198 $2,869
2019 $31,084 $10,878 $41,962 $2,853
2018 $31,084 $10,878 $41,962 $2,513
2017 $31,084 $10,878 $41,962 $2,525
2016 $26,660 $10,878 $37,538 $2,447
2015 $26,660 $10,878 $37,538 $2,268
2014 $26,660 $10,878 $37,538 $1,728
2013 $30,755 $10,878 $41,633 $1,938
2012 $30,755 $10,878 $41,633 $1,976
2011 $30,755 $10,878 $41,633 $1,968
2010 $32,036 $10,878 $42,914 $1,937
2009 $32,036 $10,878 $42,914 $1,934
2008 $32,036 $10,878 $42,914 $1,724
2007 $30,517 $11,550 $42,067 $1,623

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,606 sqft
Lot size
19,998 sqft
ZIP code
44278
City
Tallmadge
Street
Fernwood Ave
Coordinates
41.11575, -81.44321

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,409
Gross rental yield
11.90%
Implied cap rate
7.74%
Trend-extrapolated value

Frequently asked questions

When did 498 Fernwood Ave last sell?
498 Fernwood Ave most recently sold on Nov 7, 2022 for $242,900.
What is the current tax assessment for 498 Fernwood Ave?
The most recent total assessment for 498 Fernwood Ave (year 2025) is $67,687 with $3,499 in property tax.
How does 498 Fernwood Ave's assessment compare to its last sale price?
The current assessment is 72.1% below the last sale price of $242,900.
When was 498 Fernwood Ave built?
498 Fernwood Ave was built in 1958.
How does 498 Fernwood Ave compare to others on Fernwood Ave?
We track 6 other properties on Fernwood Ave. Browse the list under "Other properties on Fernwood Ave" to compare beds, baths, and sale history.
What are the property facts for 498 Fernwood Ave?
498 Fernwood Ave is a 2 bed, 2 bath, 1,606 sqft, 19,998 sqft lot single_family.
Is 498 Fernwood Ave a flip candidate?
No — 498 Fernwood Ave does not appear in our flips dataset.
Is 498 Fernwood Ave a tax-appeal candidate?
No — 498 Fernwood 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
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$295.8K
2026 Q4
$296.6K
ZIP 44278 — Median Price History + Forecast

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