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397 Lakelly Rd

Wilmington, OH 45177

2 bd 1 ba 1,012 sqft Built 1962 Lot 10,500 sqft single_family
Most recent sale
$150,000
Nov 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 2, 2022 Sold $150,000 Public Record
Nov 1, 2022 Listing removed Cincinnati
Sep 27, 2022 Listed $150,000 Cincinnati
Mar 29, 1995 Sold $55,000 Public Record
Dec 10, 1985 Sold $43,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $40,430 $3,260 $43,690 $1,014
2024 $40,430 $3,260 $43,690 $1,058
2023 $40,430 $3,260 $43,690 $1,310
2022 $25,400 $2,860 $28,260 $638
2021 $25,400 $2,860 $28,260 $645
2020 $25,400 $2,860 $28,260 $623
2019 $20,210 $2,850 $23,060 $497
2018 $20,210 $2,850 $23,060 $501
2017 $20,210 $2,850 $23,060 $766
2016 $19,220 $2,960 $22,180 $742
2015 $19,220 $2,960 $22,180 $742
2014 $19,220 $2,960 $22,180 $714
2013 $17,470 $2,960 $20,430 $702
2012 $17,470 $2,960 $20,430 $736
2011 $17,470 $2,960 $20,430 $767
2010 $18,410 $2,980 $21,390 $804
2008 $20,690 $2,980 $23,670 $832
2007 $20,300 $2,840 $23,140 $850
2006 $20,300 $2,840 $23,140 $790

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,012 sqft
Lot size
10,500 sqft
ZIP code
45177
City
Wilmington
Street
Lakelly Rd
Coordinates
39.37397, -83.88086

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
$1,518
Gross rental yield
12.14%
Implied cap rate
7.89%
Trend-extrapolated value

Frequently asked questions

When did 397 Lakelly Rd last sell?
397 Lakelly Rd most recently sold on Nov 2, 2022 for $150,000.
What is the current tax assessment for 397 Lakelly Rd?
The most recent total assessment for 397 Lakelly Rd (year 2025) is $43,690 with $1,014 in property tax.
How does 397 Lakelly Rd's assessment compare to its last sale price?
The current assessment is 70.9% below the last sale price of $150,000.
When was 397 Lakelly Rd built?
397 Lakelly Rd was built in 1962.
How does 397 Lakelly Rd compare to others on Lakelly Rd?
We track 8 other properties on Lakelly Rd. Browse the list under "Other properties on Lakelly Rd" to compare beds, baths, and sale history.
What are the property facts for 397 Lakelly Rd?
397 Lakelly Rd is a 2 bed, 1 bath, 1,012 sqft, 10,500 sqft lot single_family.
Is 397 Lakelly Rd a flip candidate?
No — 397 Lakelly Rd does not appear in our flips dataset.
Is 397 Lakelly Rd a tax-appeal candidate?
No — 397 Lakelly Rd 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
-2.6%
Implied 1-yr
-10.2%
2026 Q3
$290.5K
2026 Q4
$281.6K
ZIP 45177 — Median Price History + Forecast

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