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2503 Parsons Dr

Willoughby Hills, OH 44094

6 bd 5 ba 4,000 sqft Built 1910 Lot 43,560 sqft single_family
Most recent sale
$475,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2025 Listing removed $459,900 MLSNOW
Aug 16, 2022 Sold $475,000 MLS #4368651
Jun 26, 2022 Price changed $529,000 MLS #4368651
Jun 18, 2022 Price changed $589,995 MLS #4368651
May 18, 2022 Relisted $649,000 MLS #4368651
Apr 29, 2022 Listed $729,000 MLS #4368651
Jan 25, 1994 Sold $255,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $108,640 $29,640 $138,280 $7,006
2024 $108,640 $29,640 $138,280 $7,349
2023 $95,890 $23,680 $119,570 $7,313
2022 $95,890 $23,680 $119,570 $7,344
2021 $95,890 $23,680 $119,570 $7,379
2020 $83,380 $20,590 $103,970 $7,169
2019 $83,380 $20,590 $103,970 $6,648
2018 $83,380 $20,590 $103,970 $6,566
2017 $50,440 $26,330 $76,770 $5,150
2016 $50,440 $26,330 $76,770 $5,140
2015 $50,440 $26,330 $76,770 $5,123
2014 $50,440 $26,330 $76,770 $4,958
2013 $50,440 $26,330 $76,770 $5,076
2012 $50,440 $26,330 $76,770 $4,788
2011 $72,340 $27,570 $99,910 $5,722
2010 $72,340 $27,570 $99,910 $6,059
2009 $72,338 $27,569 $99,907 $5,048
2007 $81,277 $30,975 $112,252 $4,869

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
4,000 sqft
Lot size
43,560 sqft
ZIP code
44094
City
Willoughby Hills
Street
Parsons Dr
Coordinates
41.60223, -81.43009

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
$2,850
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2503 Parsons Dr last sell?
2503 Parsons Dr most recently sold on Aug 16, 2022 for $475,000.
What is the current tax assessment for 2503 Parsons Dr?
The most recent total assessment for 2503 Parsons Dr (year 2025) is $138,280 with $7,006 in property tax.
How does 2503 Parsons Dr's assessment compare to its last sale price?
The current assessment is 70.9% below the last sale price of $475,000.
When was 2503 Parsons Dr built?
2503 Parsons Dr was built in 1910.
How does 2503 Parsons Dr compare to others on Parsons Dr?
We track 4 other properties on Parsons Dr. Browse the list under "Other properties on Parsons Dr" to compare beds, baths, and sale history.
What are the property facts for 2503 Parsons Dr?
2503 Parsons Dr is a 6 bed, 5 bath, 4,000 sqft, 43,560 sqft lot single_family.
Is 2503 Parsons Dr a flip candidate?
No — 2503 Parsons Dr does not appear in our flips dataset.
Is 2503 Parsons Dr a tax-appeal candidate?
No — 2503 Parsons 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
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$279.6K
2026 Q4
$273.3K
ZIP 44094 — Median Price History + Forecast

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