38500 Melrose Farms Dr
Willoughby, OH 44094
4 bd 3 ba 2,678 sqft Built 2012 Lot 12,001 sqft single_family
Most recent sale
$455,000
Jan 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 13, 2022 | Sold | $455,000 | Public Record |
| Dec 9, 2021 | Listed | $450,000 | MLS #4337540 |
| Jul 26, 2017 | Sold | $359,000 | MLS #3907097 |
| Jun 19, 2017 | Price changed | $369,900 | MLS #3907097 |
| May 30, 2017 | Listed | $380,000 | MLS #3907097 |
| Dec 13, 2012 | Sold | $325,000 | Public Record |
| Oct 29, 2011 | Listing removed | $284,900 | MLSNOW |
| Oct 4, 2011 | Price changed | $284,900 | MLS #3223840 |
| Apr 28, 2011 | Listed | $289,900 | MLS #3223840 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $122,940 | $48,730 | $171,670 | $9,131 |
| 2024 | $122,940 | $48,730 | $171,670 | $9,305 |
| 2023 | $97,560 | $38,920 | $136,480 | $8,641 |
| 2022 | $97,560 | $38,920 | $136,480 | $8,340 |
| 2021 | $97,560 | $38,920 | $136,480 | $8,369 |
| 2020 | $84,480 | $25,390 | $109,870 | $7,566 |
| 2019 | $84,480 | $25,390 | $109,870 | $7,016 |
| 2018 | $84,480 | $25,390 | $109,870 | $6,919 |
| 2017 | $79,720 | $27,920 | $107,640 | $7,195 |
| 2016 | $79,720 | $27,920 | $107,640 | $7,169 |
| 2015 | $79,720 | $27,920 | $107,640 | $7,129 |
| 2014 | $79,720 | $25,390 | $105,110 | $6,615 |
| 2013 | $78,220 | $25,390 | $103,610 | $6,420 |
| 2012 | — | $25,390 | $25,390 | $1,616 |
| 2011 | — | $25,390 | $25,390 | $1,400 |
| 2010 | — | $25,390 | $25,390 | $1,373 |
| 2009 | — | $33,845 | $33,845 | $1,722 |
| 2007 | — | $16,713 | $16,713 | $723 |
Property facts
Year built
2012
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,678 sqft
Lot size
12,001 sqft
ZIP code
44094
City
Willoughby
Street
Melrose Farms Dr
Coordinates
41.66140, -81.39933
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,017
Gross rental yield
10.59%
Implied cap rate
6.89%
Trend-extrapolated value
—
Frequently asked questions
When did 38500 Melrose Farms Dr last sell?
38500 Melrose Farms Dr most recently sold on Jan 13, 2022 for $455,000.
What is the current tax assessment for 38500 Melrose Farms Dr?
The most recent total assessment for 38500 Melrose Farms Dr (year 2025) is $171,670 with $9,131 in property tax.
How does 38500 Melrose Farms Dr's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $455,000.
When was 38500 Melrose Farms Dr built?
38500 Melrose Farms Dr was built in 2012.
How does 38500 Melrose Farms Dr compare to others on Melrose Farms Dr?
We track 8 other properties on Melrose Farms Dr. Browse the list under "Other properties on Melrose Farms Dr" to compare beds, baths, and sale history.
What are the property facts for 38500 Melrose Farms Dr?
38500 Melrose Farms Dr is a 4 bed, 3 bath, 2,678 sqft, 12,001 sqft lot single_family.
Is 38500 Melrose Farms Dr a flip candidate?
No — 38500 Melrose Farms Dr does not appear in our flips dataset.
Is 38500 Melrose Farms Dr a tax-appeal candidate?
No — 38500 Melrose Farms Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$279.6K
2026 Q4
$273.3K
ZIP 44094 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Farms Dr