5561 Martin Ave
Vermilion, OH 44089
4 bd 2 ba 1,196 sqft Built 1953 Lot 6,395 sqft single_family
Most recent sale
$87,500
Nov 24, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 24, 2021 | Sold | $87,500 | MLS #4280286 |
| Sep 7, 2021 | Relisted | $100,000 | MLS #4280286 |
| Jun 21, 2021 | Price changed | $124,900 | MLS #4280286 |
| Jun 14, 2021 | Price changed | $129,900 | MLS #4280286 |
| May 27, 2021 | Price changed | $134,900 | MLS #4280286 |
| May 18, 2021 | Listed | $139,900 | MLS #4280286 |
| Jun 2, 2014 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $50,330 | $7,210 | $57,540 | $2,522 |
| 2023 | $44,230 | $6,550 | $50,780 | $2,425 |
| 2022 | $30,770 | $6,550 | $37,320 | $1,747 |
| 2021 | $30,770 | $6,550 | $37,320 | $1,737 |
| 2020 | $25,100 | $6,550 | $31,650 | $1,505 |
| 2019 | $25,100 | $6,550 | $31,650 | $1,560 |
| 2018 | $25,100 | $6,550 | $31,650 | $1,562 |
| 2017 | $14,540 | $8,350 | $22,890 | $1,142 |
| 2016 | $14,540 | $8,350 | $22,890 | $1,135 |
| 2015 | $14,540 | $8,350 | $22,890 | $1,118 |
| 2014 | $14,500 | $8,350 | $22,850 | $1,124 |
| 2013 | $14,500 | $8,350 | $22,850 | $1,141 |
| 2012 | $14,500 | $8,350 | $22,850 | $1,143 |
| 2011 | $20,420 | $6,390 | $26,810 | $1,275 |
| 2010 | $20,420 | $6,390 | $26,810 | $1,259 |
| 2009 | $20,420 | $6,390 | $26,810 | $1,248 |
| 2008 | $21,500 | $6,390 | $27,890 | $1,288 |
| 2007 | $21,500 | $6,390 | $27,890 | $1,280 |
Property facts
Year built
1953
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,196 sqft
Lot size
6,395 sqft
ZIP code
44089
City
Vermilion
Street
Martin Ave
Coordinates
41.41075, -82.36471
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$525
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5561 Martin Ave last sell?
5561 Martin Ave most recently sold on Nov 24, 2021 for $87,500.
What is the current tax assessment for 5561 Martin Ave?
The most recent total assessment for 5561 Martin Ave (year 2025) is $57,540 with $2,522 in property tax.
How does 5561 Martin Ave's assessment compare to its last sale price?
The current assessment is 34.2% below the last sale price of $87,500.
When was 5561 Martin Ave built?
5561 Martin Ave was built in 1953.
How does 5561 Martin Ave compare to others on Martin Ave?
We track 3 other properties on Martin Ave. Browse the list under "Other properties on Martin Ave" to compare beds, baths, and sale history.
What are the property facts for 5561 Martin Ave?
5561 Martin Ave is a 4 bed, 2 bath, 1,196 sqft, 6,395 sqft lot single_family.
Is 5561 Martin Ave a flip candidate?
No — 5561 Martin Ave does not appear in our flips dataset.
Is 5561 Martin Ave a tax-appeal candidate?
No — 5561 Martin Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.5%
Implied 1-yr
-10.0%
2026 Q3
$304.7K
2026 Q4
$304.7K
ZIP 44089 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Martin Ave