For SaleNeutral Deal30 days on market
5819 Lance Rd
5819 Lance Rd, Medina, OH 44256, Medina, OH 44256
$750,000
Listing Price
5819 Lance Rd, Medina, OH 44256
Loc: Medina, OH
Days Listed
30
Tax Assessed
$369k
Lot Size
17.54 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.
7
Cloverleaf Elementary School
PK-5
4.9 mi away
8
Cloverleaf Middle School
6-8
5.2 mi away
7
Cloverleaf High School
9-12
5.2 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
transitionalmodern farmhousevinyl sidingattached garagegabled roofsecludedwooded settinglandscapedcozytwo-storyasphalt shingle roofgravel drivewayresidential
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.27%
Total ROI
95.1%
Cash Flow
$26/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $26/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • 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 |
|---|---|---|---|
| 2026-08-26 | Listed for sale | $750,000 | $239 |
| 2026-04-01 | Sold | $1,004,000 | $320 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,918.58 | $129,240 |
| 2024 | $3,824.18 | $102,680 |
| 2023 | $3,683.82 | $102,680 |
| 2022 | $3,877.34 | $102,680 |
| 2021 | $3,356.34 | $81,570 |
| 2020 | $3,356.34 | $81,570 |
| 2019 | $3,374.18 | $81,570 |
| 2018 | $3,090.96 | $72,510 |
| 2017 | $3,096.94 | $72,510 |
| 2016 | $2,981.38 | $72,510 |
| 2015 | $3,057.02 | $72,510 |
| 2014 | $3,043.72 | $72,510 |
| 2013 | $2,793.5 | $72,510 |
| 2012 | $2,506.48 | $66,480 |
| 2011 | $2,425.28 | $66,480 |
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