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38973 Butternut Ridge Rd

Elyria, OH 44035

8 bd 6 ba 4,024 sqft Built 1949 Lot 98,881 sqft multi_family
Most recent sale
$220,000
Mar 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 3, 2022 Sold $220,000 MLS #4342976
Jan 31, 2022 Listed $199,000 MLS #4342976

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1949
Property type
multi_family
Stories
Beds
8
Baths
6
Living area
4,024 sqft
Lot size
98,881 sqft
ZIP code
44035
City
Elyria
Street
Butternut Ridge Rd
Coordinates
41.32586, -82.07805

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 38973 Butternut Ridge Rd last sell?
38973 Butternut Ridge Rd most recently sold on Mar 3, 2022 for $220,000.
What is the current tax assessment for 38973 Butternut Ridge Rd?
No tax-assessment history is recorded for this parcel.
When was 38973 Butternut Ridge Rd built?
38973 Butternut Ridge Rd was built in 1949.
How does 38973 Butternut Ridge Rd compare to others on Butternut Ridge Rd?
We track 8 other properties on Butternut Ridge Rd. Browse the list under "Other properties on Butternut Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 38973 Butternut Ridge Rd?
38973 Butternut Ridge Rd is a 8 bed, 6 bath, 4,024 sqft, 98,881 sqft lot multi_family.
Is 38973 Butternut Ridge Rd a flip candidate?
No — 38973 Butternut Ridge Rd does not appear in our flips dataset.
Is 38973 Butternut Ridge Rd a tax-appeal candidate?
No — 38973 Butternut Ridge Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.2%
2026 Q3
$207.7K
2026 Q4
$208.3K
ZIP 44035 — Median Price History + Forecast

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