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1540 Cedarwood Dr

Westlake, OH 44145

1 bd 1 ba 565 sqft Built 1981 Lot 167,754 sqft townhomes
Most recent sale
$133,000
Apr 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2022 Sold $133,000 MLS #4356478
Apr 6, 2022 Listed $99,900 MLS #4356478
Aug 22, 2019 Sold $81,000 Public Record
Jul 29, 2018 Sold $56,000 MLS #4009998
Jun 18, 2018 Listed $59,900 MLS #4009998
May 24, 1995 Sold $55,500 Public Record
Sep 27, 1993 Sold $50,000 Public Record
Aug 17, 1987 Sold $43,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,880 $3,680 $46,560 $2,235
2024 $42,880 $3,680 $46,560 $2,339
2022 $25,900 $2,450 $28,350 $1,559
2021 $25,900 $2,450 $28,350 $1,547
2020 $18,940 $2,100 $21,040 $1,252
2019 $18,940 $2,100 $21,040 $1,256
2018 $18,940 $2,100 $21,040 $1,332
2017 $17,330 $1,930 $19,260 $1,268
2016 $17,330 $1,930 $19,260 $1,201
2015 $17,330 $1,930 $19,260 $1,174
2014 $17,850 $2,000 $19,850 $1,239
2013 $17,850 $2,000 $19,850 $1,221
2012 $20,230 $2,140 $22,370 $1,178
2010 $20,230 $2,140 $22,370 $1,316
2009 $20,230 $2,140 $22,370 $1,240
2008 $21,315 $2,240 $23,555 $1,256
2007 $21,320 $2,240 $23,560 $1,230

Property facts

Year built
1981
Property type
townhomes
Stories
2
Beds
1
Baths
1
Living area
565 sqft
Lot size
167,754 sqft
ZIP code
44145
City
Westlake
Street
Cedarwood Dr
Coordinates
41.46553, -81.95831

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
$848
Gross rental yield
7.65%
Implied cap rate
4.97%
Trend-extrapolated value

Frequently asked questions

When did 1540 Cedarwood Dr last sell?
1540 Cedarwood Dr most recently sold on Apr 20, 2022 for $133,000.
What is the current tax assessment for 1540 Cedarwood Dr?
The most recent total assessment for 1540 Cedarwood Dr (year 2025) is $46,560 with $2,235 in property tax.
How does 1540 Cedarwood Dr's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $133,000.
When was 1540 Cedarwood Dr built?
1540 Cedarwood Dr was built in 1981.
How does 1540 Cedarwood Dr compare to others on Cedarwood Dr?
We track 8 other properties on Cedarwood Dr. Browse the list under "Other properties on Cedarwood Dr" to compare beds, baths, and sale history.
What are the property facts for 1540 Cedarwood Dr?
1540 Cedarwood Dr is a 1 bed, 1 bath, 565 sqft, 167,754 sqft lot townhomes.
Is 1540 Cedarwood Dr a flip candidate?
Yes — 1540 Cedarwood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1540 Cedarwood Dr a tax-appeal candidate?
No — 1540 Cedarwood Dr 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
-4.2%
Implied 1-yr
-16.6%
2026 Q3
$339.7K
2026 Q4
$320.3K
ZIP 44145 — Median Price History + Forecast

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