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Parma 49269
228 Eastlawn
$251,400
● House - Off Market

228 Eastlawn

Parma, MI 49269
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,972 Ft²
$1,454
Est. Monthly

About This Property

HIGHEST AND BEST BY 5PM ON 3/4/26.  Welcome home to this charming and beautifully updated ranch in the highly desirable Western School District!  Offering 3 main-floor bedrooms, including a primary suite, with an additional non-conforming bedroom/office space in newly finished basement!  You will fall in love with the magazine worthy touches throughout.  The newly renovated bathroom adds a fresh, modern feel, while the cozy updated living room with gas-log fireplace is the perfect space for gathering. Additional perks are the convenient location near highways for easy commutes, along with a wonderful neighborhood, large detached garage, fenced yard, new water heater, new water softener and so much more.
Unit Size
1,972 Ft²
Days on Market
39 days
Land Size
0.30 acres
Price per sqft
$127
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 8 months ago (MichRIC MLS #26006616)

Price History

Date / Event Date Event Price
Apr 6, 2026 Sold
Premium
Sold
Mar 5, 2026 In contract -
In contract
Feb 24, 2026 Listed by ERA REARDON REALTY, L.L.C. $249,900
Listed by ERA REARDON REALTY, L.L.C.
Nov 30, 2020 Sold
Premium
Sold
Oct 23, 2020 Listed by ERA REARDON REALTY, L.L.C. $169,900
Listed by ERA REARDON REALTY, L.L.C.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,120
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWOOD SUBDIVISION
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 38 MEADOWOOD SUBDIVISION VILLAGE OF PARMA

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 006500

Zoning

  • Zoning: VILLAGE

Geography

  • Assessors Map Reference: MAPS
  • District: 14
  • Parcel: 007-07-31-162-036-00
  • Lot: 38
  • Municipality: PARMA VILLAGE
  • Latitude: 42.2549
  • Longitude: -84.592

    Address

  • Full Address: 228 Eastlawn
  • Legal Unit: 38
  • Address - House Number: 228
  • Address - Street Name: Eastlawn
  • State: MI
  • City Name: Parma
  • Carrier Code: R061
  • 4-Digit Zip Code: 9524
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $171,724
  • Tax Rate Code Area: 48

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 207,889
  • High Value: 248,079
  • Low Value: 167,700

    Market Valuation

  • Market Total Value: $127,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2866138
  • Previous Sale Recording Date: Sep 05, 2018
  • Previous Sale Contract Date: Aug 30, 2018
  • Previous Sale Amount: $149,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Parma

Stats & Trends

Median Asking:

$224,900

Sale Price/ft²

$112

Below Asking

0.03%

Average Days on Market

43

Average Home Size

1260 ft²

Average Home Age

-

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Christy Cottingham, ERA REARDON REALTY, L.L.C.
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 26006616
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 228 Eastlawn built and last sold?
The property at 228 Eastlawn was built in 1970 and last sold on Nov 20, 2020 for $176,000.
How much is this home worth?
The estimated value of the home located at 228 Eastlawn is $0.
What are some comparable homes to 228 Eastlawn?
There are currently no comparable homes to 228 Eastlawn.
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