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8945 Ridge Rd

Elyria, OH 44035

2 bd 1 ba 976 sqft Built 1972 Lot 858 sqft condo
Most recent sale
$113,000
Oct 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2024 Sold $120,000 MLSNOW
Oct 27, 2023 Sold $113,000 Public Record
Sep 15, 2023 Listed $115,000 MLSNOW
Nov 24, 2021 Sold $82,013 MLSNOW
Aug 29, 2018 Sold $58,000 MLSNOW
Jul 6, 2018 Listed $58,000 MLSNOW
Jun 18, 1993 Sold $42,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $30,180 $4,640 $34,820 $659
2023 $13,773 $3,353 $17,126 $435
2022 $13,773 $3,353 $17,126 $931
2021 $13,773 $3,353 $17,126 $973
2020 $12,509 $3,045 $15,554 $977
2019 $12,509 $3,045 $15,554 $971
2018 $12,509 $3,045 $15,554 $973
2017 $15,124 $3,721 $18,845 $1,229
2016 $15,124 $3,721 $18,845 $632
2015 $15,124 $3,721 $18,845 $594
2014 $15,656 $3,850 $19,506 $634
2013 $15,656 $3,850 $19,506 $618
2012 $15,656 $3,850 $19,506 $604
2011 $17,430 $4,060 $21,490 $668
2010 $17,430 $4,060 $21,490 $666
2009 $17,430 $4,060 $21,490 $599
2008 $19,570 $4,550 $24,120 $669
2007 $19,570 $4,550 $24,120 $666

Property facts

Year built
1972
Property type
condo
Stories
1
Beds
2
Baths
1
Living area
976 sqft
Lot size
858 sqft
ZIP code
44035
City
Elyria
Street
Ridge Rd
Coordinates
41.36058, -82.15717

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
$678
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8945 Ridge Rd last sell?
8945 Ridge Rd most recently sold on Oct 27, 2023 for $113,000.
What is the current tax assessment for 8945 Ridge Rd?
The most recent total assessment for 8945 Ridge Rd (year 2025) is $34,820 with $659 in property tax.
How does 8945 Ridge Rd's assessment compare to its last sale price?
The current assessment is 69.2% below the last sale price of $113,000.
When was 8945 Ridge Rd built?
8945 Ridge Rd was built in 1972.
How does 8945 Ridge Rd compare to others on Ridge Rd?
We track 8 other properties on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 8945 Ridge Rd?
8945 Ridge Rd is a 2 bed, 1 bath, 976 sqft, 858 sqft lot condo.
Is 8945 Ridge Rd a flip candidate?
Yes — 8945 Ridge Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8945 Ridge Rd a tax-appeal candidate?
No — 8945 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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