For SaleRisky Deal7 days on market
1748 Melody Ln
1748 Melody Ln, Medina, OH 44256, Medina, OH 44256
$424,900
Listing Price
1748 Melody Ln, Medina, OH 44256
Loc: Medina, OH
Days Listed
7
Tax Assessed
$321k
Lot Size
2.43 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
Granger Elementary School
PK-5
1.4 mi away
8
Highland Middle School
6-8
1.3 mi away
8
Highland High School
9-12
1.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylepainted brickdark exteriorattached garagewood-look garage doorstone accentsflower boxeslarge front yardlandscaped garden bedsoutdoor wooden decksingle-storymature treescozy suburbanwell-maintainedmodern rustic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.86%
Total ROI
86.1%
Cash Flow
$-132/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-132/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Medina
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $424,900 | $181 |
| 2022-01-04 | Sold | $360,000 | $153 |
| 2021-12-13 | Pending sale | $375,000 | $159 |
| 2021-12-01 | Contingent | $375,000 | $159 |
| 2021-11-16 | Listed for sale | $375,000 | $159 |
| 2014-06-27 | Sold | $195,000 | $83 |
| 2013-10-15 | Sold | $195,000 | $83 |
| 2008-06-30 | Sold | $209,000 | $89 |
| 2000-05-03 | Sold | $157,000 | $67 |
| 1998-11-13 | Sold | $155,000 | $66 |
| 1995-04-27 | Sold | $120,000 | $51 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,332.26 | $112,410 |
| 2024 | $4,724.84 | $118,650 |
| 2023 | $4,729.32 | $118,650 |
| 2022 | $4,507.44 | $118,650 |
| 2021 | $3,164.6 | $69,670 |
| 2020 | $3,164.6 | $69,670 |
| 2019 | $3,175.22 | $69,670 |
| 2018 | $3,089 | $64,790 |
| 2017 | $3,097.16 | $64,790 |
| 2016 | $2,932.24 | $64,790 |
| 2015 | $2,842.4 | $60,550 |
| 2014 | $2,832.2 | $60,550 |
| 2013 | $2,837.66 | $60,550 |
| 2012 | $3,184.64 | $66,260 |
| 2011 | $3,128.76 | $66,260 |
| 2010 | $2,728.14 | $66,260 |
| 2009 | $2,857.48 | $72,930 |
| 2008 | $2,908 | $72,930 |
| 2007 | $2,916.84 | $72,930 |
| 2006 | $2,578.9 | $61,570 |
| 2005 | $2,523.34 | $61,570 |
| 2004 | $2,519.36 | $61,570 |
| 2003 | $2,402.22 | $55,750 |
| 2002 | $2,277.36 | $53,830 |
| 2001 | $1,137.3 | $53,830 |
| 2000 | $0 | $46,730 |
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