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  • $491,300

    481 Lane Dr, Bay Village, OH 44140

    4beds
    3,903sqft
    Single Family Residence
    Built in 1966
    0.46 Acres Lot
    $508,900 Zestimate®
    $126/sqft
    $3,963 Estimated rent

    Home value

    $508,900

    $463,000 - $555,000

    $3,963/mo

    Zestimate® history
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    What's special

    Four sizable bedroomsTraditional floor planLarge sunroomQuiet residential streetFirst-floor laundryPlenty of natural lightEnormous side lot
    This solid, well-built colonial is located on a quiet residential street in Bay Village and offers a rare opportunity for buyers looking to personalize a home. The enormous side lot offers opportunity for endless outdoor activities and space to entertain. 4 beds and 2.5 baths, the layout is spacious and practical, with a traditional floor plan that offers flexibility for everyday living. The eat-in kitchen has plenty of natural light, ample storage, counterspace, cabinetry, and functional workspace. The kitchen dining area and the spacious family room open to a large sunroom, a standout space ideal for relaxing, entertaining, or enjoying views of the private backyard. The sunroom adds a unique touch and enhances the home’s overall livability. The main floor also features a formal living room, a dining room, and a cozy family room with a fireplace. A first-floor laundry and half bath finish out the main level. Upstairs, four sizable bedrooms include a primary suite with a private bath, as well as a second full bath shared by the other bedrooms. An attached two-car garage and a partially finished, full basement add functionality and storage options. Additional bonuses include almost a half-acre of property, incredible backyard privacy, and a Generac generator. Enjoy highly rated Bay Village schools, Lake Erie, Huntington Beach, and local parks. This home presents a great opportunity to invest in a property with strong potential, good bones, and ready for the next owner’s vision.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Crane 440-652-3002 kimcrane@howardhanna.com,

    Howard Hanna

    Bought with:

    Deanne L Ittu, 429041

    Russell Real Estate Services

    Source: MLS Now,MLS#: 5136656Originating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Basement: Partially Finished
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 3,903
    • Total interior livable area: 3,903 sqft
    • Finished area above ground: 2,685
    • Finished area below ground: 1,218

    Property

    Parking
    • Parking features: Attached, Garage, Garage Door Opener, Garage Faces Side
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Rear Porch, Enclosed, Patio, Porch, Screened
    Lot
    • Size: 0.46 Acres
    • Features: Corner Lot, Wooded
    Details
    • Parcel number: 20123036

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Bay Village

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $526,900
    • Annual tax amount: $11,833
    • Date on market: 7/3/2025
    • Cumulative days on market: 18 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    8/18/2025Sold$491,300+3.4%$126/sqft
    Source: Public Record Report a problem
    7/21/2025Pending sale$475,000$122/sqft
    Source: MLS Now #5136656 Report a problem
    7/8/2025Contingent$475,000$122/sqft
    Source: MLS Now #5136656 Report a problem
    7/3/2025Listed for sale$475,000$122/sqft
    Source: MLS Now #5136656 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,850 +0.1%$184,420
    2024$11,834 +14.3%$184,420 +33.1%
    2023$10,349 +0.1%$138,530
    2022$10,334 +10.4%$138,530
    2021$9,365 +2.5%$138,530 +13%
    2020$9,136 -6.6%$122,610 +0%
    2019$9,785 +1.1%$122,600 0%
    2018$9,675 -32%$122,610 +15.6%
    2017$14,228 +83.7%$106,050
    2016$7,746 $106,050
    2015$7,746 +4.6%$106,050 +8%
    2014$7,403 -32%$98,220
    2013$10,888 +52.9%$98,220
    2012$7,122 -7.6%$98,220 -1.4%
    2011$7,711 +0%$99,580
    2010$7,710 +8.1%$99,580
    2009$7,132 +0.2%$99,580 -2%
    2008$7,119 +2%$101,610
    2007$6,978 -1.8%$101,610
    2006$7,109 +11.7%$101,610 +8.8%
    2005$6,362 +2.1%$93,350
    2004$6,229 +1.6%$93,350
    2003$6,130 +14.8%$93,350 +13.5%
    2002$5,338 -50.5%$82,250
    2001$10,783 $82,250
    2000$10,783 $82,250
    Find assessor info on the county website

    Neighborhood: 44140

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Bay Village CSD - 1801

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $508,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $508,900