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    Property profile & analytics

    148 Jones Rd, Unit 1A Wellington, OH 44090-9521

    • Apartment buildings
    • 3,136 SF
    • 6.20 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Feb 16, 2021
    Location Intelligence
    Property ID
    US66-1870625
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 148 Jones Rd

    Year built
    1974
    Lot size
    6.20 lot acres
    Property size
    3,136 SF
    Property type
    Apartment buildings
    APN
    18-00-026-101-068
    APU
    1800026101068

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wellington
    County
    Lorain
    State
    Ohio
    Longitude
    -82.219
    Latitude
    41.1487
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,356
    $68,355
    $395,549
    $463,904
    -
    $195,300
    $1,130,140
    $1,325,440

    Comparable in this City

    • Value Estimation
      $690,000
      38,334 SF

      120 Maple St, Unit 107

      APARTMENT HOUSE (5+ UNITS) • 38,334 SF
      120 Maple St, Wellington, OH 44090-1186
      View Details
    • Value Estimation
      $290,000
      3,204 SF

      759 Parkside Reserve St, Unit A

      APARTMENT HOUSE (5+ UNITS) • 3,204 SF
      759 Parkside Reserve St, Wellington, OH 44090-9364
      View Details
    • Value Estimation
      $305,000
      6,357 SF

      135 Park Pl, Unit 2

      APARTMENT HOUSE (5+ UNITS) • 6,357 SF
      135 Park Pl, Wellington, OH 44090-1359
      View Details
    • Value Estimation
      $255,000
      2,436 SF

      132 Jones St, Unit 6

      APARTMENT HOUSE (5+ UNITS) • 2,436 SF
      132 Jones St, Wellington, OH 44090-1052
      View Details
    • Value Estimation by Request
      3,384 SF

      373 Walden Ln, Unit D

      APARTMENT HOUSE (5+ UNITS) • 3,384 SF
      373 Walden Ln, Wellington, OH 44090-9371
      View Details
    • Value Estimation
      $285,000
      3,204 SF

      739 Parkside Reserve St, Unit A

      APARTMENT HOUSE (5+ UNITS) • 3,204 SF
      739 Parkside Reserve St, Wellington, OH 44090-9366
      View Details

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    148 Jones Rd, Unit 1A
    Wellington, OH 44090-9521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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