40037 Butternut Ridge Rd
Elyria, OH 44035
3 bd 2 ba 1,683 sqft Built 1946 Lot 81,022 sqft single_family
Most recent sale
$175,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $175,000 | Public Record |
| Aug 11, 2022 | Sold | $175,000 | MLSNOW |
| Jun 23, 2022 | Listed | $195,000 | MLS #4383848 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $60,290 | $25,220 | $85,510 | $3,909 |
| 2023 | $41,346 | $12,649 | $53,995 | $2,740 |
| 2022 | $41,346 | $12,649 | $53,995 | $2,243 |
| 2021 | $41,346 | $12,649 | $53,995 | $2,249 |
| 2020 | $32,893 | $10,063 | $42,956 | $1,817 |
| 2019 | $32,893 | $10,063 | $42,956 | $1,809 |
| 2018 | $32,893 | $10,063 | $42,956 | $1,829 |
| 2017 | $31,756 | $10,854 | $42,610 | $1,960 |
| 2016 | $31,756 | $10,854 | $42,610 | $1,985 |
| 2015 | $31,756 | $10,854 | $42,610 | $1,966 |
| 2014 | $34,867 | $11,200 | $46,067 | $2,185 |
| 2013 | $34,867 | $11,200 | $46,067 | $2,187 |
| 2012 | $34,867 | $11,200 | $46,067 | $1,793 |
| 2011 | $34,720 | $11,970 | $46,690 | $1,713 |
| 2010 | $34,720 | $11,970 | $46,690 | $1,713 |
| 2009 | $34,720 | $11,970 | $46,690 | $1,629 |
| 2008 | $36,930 | $12,740 | $49,670 | $1,680 |
| 2007 | $36,930 | $12,740 | $49,670 | $1,672 |
Property facts
Year built
1946
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,683 sqft
Lot size
81,022 sqft
ZIP code
44035
City
Elyria
Street
Butternut Ridge Rd
Coordinates
41.32014, -82.09951
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 40037 Butternut Ridge Rd last sell?
40037 Butternut Ridge Rd most recently sold on Aug 12, 2022 for $175,000.
What is the current tax assessment for 40037 Butternut Ridge Rd?
The most recent total assessment for 40037 Butternut Ridge Rd (year 2025) is $85,510 with $3,909 in property tax.
How does 40037 Butternut Ridge Rd's assessment compare to its last sale price?
The current assessment is 51.1% below the last sale price of $175,000.
When was 40037 Butternut Ridge Rd built?
40037 Butternut Ridge Rd was built in 1946.
How does 40037 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 40037 Butternut Ridge Rd?
40037 Butternut Ridge Rd is a 3 bed, 2 bath, 1,683 sqft, 81,022 sqft lot single_family.
Is 40037 Butternut Ridge Rd a flip candidate?
No — 40037 Butternut Ridge Rd does not appear in our flips dataset.
Is 40037 Butternut Ridge Rd a tax-appeal candidate?
No — 40037 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 valuationQuarterly 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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Geography