5540 Wrens Ln
Willoughby, OH 44094
3 bd 2 ba 1,486 sqft Built 1978 Lot 8,276 sqft townhomes
Most recent sale
$157,000
Sep 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 20, 2022 | Sold | $157,000 | MLS #4400967 |
| Aug 29, 2022 | Price changed | $162,000 | MLS #4400967 |
| Aug 19, 2022 | Listed | $164,000 | MLS #4400967 |
| Jul 26, 2022 | Sold | $106,500 | Public Record |
| Jul 11, 2022 | Listed | $105,000 | MLS #4389154 |
| Jun 5, 2009 | Sold | $76,000 | Public Record |
| Dec 1, 1998 | Sold | $96,000 | Public Record |
| Jul 31, 1985 | Sold | $59,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $28,730 | $13,860 | $42,590 | $2,296 |
| 2024 | $28,730 | $13,860 | $42,590 | $2,341 |
| 2023 | $23,500 | $11,740 | $35,240 | $2,262 |
| 2022 | $23,500 | $11,740 | $35,240 | $2,184 |
| 2021 | $23,500 | $11,740 | $35,240 | $2,192 |
| 2020 | $19,260 | $9,630 | $28,890 | $2,020 |
| 2019 | $19,260 | $9,630 | $28,890 | $1,876 |
| 2018 | $19,260 | $9,630 | $28,890 | $1,847 |
| 2017 | $18,530 | $6,620 | $25,150 | $1,713 |
| 2016 | $18,530 | $6,620 | $25,150 | $1,707 |
| 2015 | $18,530 | $6,620 | $25,150 | $1,698 |
| 2014 | $18,530 | $6,620 | $25,150 | $1,615 |
| 2013 | $18,530 | $6,620 | $25,150 | $1,574 |
| 2012 | $18,530 | $6,620 | $25,150 | $1,567 |
| 2011 | $30,050 | $6,620 | $36,670 | $1,967 |
| 2010 | $30,050 | $6,620 | $36,670 | $1,929 |
| 2009 | $30,047 | $6,615 | $36,662 | $1,814 |
| 2007 | $33,387 | $7,350 | $40,737 | $1,743 |
Property facts
Year built
1978
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,486 sqft
Lot size
8,276 sqft
ZIP code
44094
City
Willoughby
Street
Wrens Ln
Coordinates
41.61465, -81.44355
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$942
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5540 Wrens Ln last sell?
5540 Wrens Ln most recently sold on Sep 20, 2022 for $157,000.
What is the current tax assessment for 5540 Wrens Ln?
The most recent total assessment for 5540 Wrens Ln (year 2025) is $42,590 with $2,296 in property tax.
How does 5540 Wrens Ln's assessment compare to its last sale price?
The current assessment is 72.9% below the last sale price of $157,000.
When was 5540 Wrens Ln built?
5540 Wrens Ln was built in 1978.
How does 5540 Wrens Ln compare to others on Wrens Ln?
We track 5 other properties on Wrens Ln. Browse the list under "Other properties on Wrens Ln" to compare beds, baths, and sale history.
What are the property facts for 5540 Wrens Ln?
5540 Wrens Ln is a 3 bed, 2 bath, 1,486 sqft, 8,276 sqft lot townhomes.
Is 5540 Wrens Ln a flip candidate?
Yes — 5540 Wrens Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5540 Wrens Ln a tax-appeal candidate?
No — 5540 Wrens Ln 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 Wrens Ln