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38402 Sheerwater Ln

Willoughby, OH 44094

3 bd 2 ba 1,716 sqft Built 1996 Lot 8,712 sqft single_family
Most recent sale
$275,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $275,000 MLS #4404985
Sep 3, 2022 Listed $275,000 MLS #4404985
Oct 15, 1998 Sold $202,000 Public Record
Jan 31, 1997 Sold $184,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $77,480 $24,400 $101,880 $5,435
2024 $77,480 $24,400 $101,880 $5,531
2023 $53,570 $18,970 $72,540 $4,612
2022 $53,570 $18,970 $72,540 $3,928
2021 $53,570 $18,970 $72,540 $3,947
2020 $47,830 $16,940 $64,770 $3,887
2019 $47,830 $16,940 $64,770 $3,607
2018 $47,830 $16,940 $64,770 $3,553
2017 $40,260 $19,600 $59,860 $3,448
2016 $40,260 $19,600 $59,860 $3,434
2015 $40,260 $19,600 $59,860 $3,415
2014 $40,260 $19,600 $59,860 $3,246
2013 $40,260 $19,600 $59,860 $3,206
2012 $40,260 $19,600 $59,860 $3,237
2011 $49,350 $19,640 $68,990 $3,239
2010 $49,350 $19,640 $68,990 $3,177
2009 $49,350 $19,638 $68,988 $2,980
2007 $54,835 $21,823 $76,658 $2,912

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,716 sqft
Lot size
8,712 sqft
ZIP code
44094
City
Willoughby
Street
Sheerwater Ln
Coordinates
41.68868, -81.40236

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,574
Gross rental yield
11.23%
Implied cap rate
7.30%
Trend-extrapolated value

Frequently asked questions

When did 38402 Sheerwater Ln last sell?
38402 Sheerwater Ln most recently sold on Oct 19, 2022 for $275,000.
What is the current tax assessment for 38402 Sheerwater Ln?
The most recent total assessment for 38402 Sheerwater Ln (year 2025) is $101,880 with $5,435 in property tax.
How does 38402 Sheerwater Ln's assessment compare to its last sale price?
The current assessment is 63.0% below the last sale price of $275,000.
When was 38402 Sheerwater Ln built?
38402 Sheerwater Ln was built in 1996.
How does 38402 Sheerwater Ln compare to others on Sheerwater Ln?
We track 3 other properties on Sheerwater Ln. Browse the list under "Other properties on Sheerwater Ln" to compare beds, baths, and sale history.
What are the property facts for 38402 Sheerwater Ln?
38402 Sheerwater Ln is a 3 bed, 2 bath, 1,716 sqft, 8,712 sqft lot single_family.
Is 38402 Sheerwater Ln a flip candidate?
No — 38402 Sheerwater Ln does not appear in our flips dataset.
Is 38402 Sheerwater Ln a tax-appeal candidate?
No — 38402 Sheerwater Ln 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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