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8947 Ridge Rd

Elyria, OH 44035

3 bd 2 ba 1,080 sqft Built 1973 Lot 540 sqft townhomes
Most recent sale
$94,500
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $94,500 MLS #4360509
Apr 25, 2022 Price changed $94,500 MLS #4360509
Apr 8, 2022 Listed $99,500 MLS #4360509
Jan 10, 2018 Sold $51,500 MLS #3927557
Sep 11, 2017 Price changed $54,900 MLS #3927557
Jul 31, 2017 Listed $57,500 MLS #3927557
Dec 4, 1990 Sold $43,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $32,760 $4,640 $37,400 $2,065
2023 $14,896 $3,353 $18,249 $1,020
2022 $14,896 $3,353 $18,249 $992
2021 $14,896 $3,353 $18,249 $995
2020 $13,531 $3,045 $16,576 $1,016
2019 $13,531 $3,045 $16,576 $1,010
2018 $13,531 $3,045 $16,576 $1,012
2017 $16,142 $3,721 $19,863 $1,264
2016 $16,142 $3,721 $19,863 $1,245
2015 $16,142 $3,721 $19,863 $1,168
2014 $16,709 $3,850 $20,559 $1,203
2013 $16,709 $3,850 $20,559 $1,181
2012 $16,709 $3,850 $20,559 $1,155
2011 $19,810 $4,060 $23,870 $1,252
2010 $19,810 $4,060 $23,870 $1,247
2009 $19,810 $4,060 $23,870 $1,122
2008 $22,260 $4,550 $26,810 $1,167
2007 $22,260 $4,550 $26,810 $1,162

Property facts

Year built
1973
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,080 sqft
Lot size
540 sqft
ZIP code
44035
City
Elyria
Street
Ridge Rd
Coordinates
41.36091, -82.15687

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
$567
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8947 Ridge Rd last sell?
8947 Ridge Rd most recently sold on May 12, 2022 for $94,500.
What is the current tax assessment for 8947 Ridge Rd?
The most recent total assessment for 8947 Ridge Rd (year 2025) is $37,400 with $2,065 in property tax.
How does 8947 Ridge Rd's assessment compare to its last sale price?
The current assessment is 60.4% below the last sale price of $94,500.
When was 8947 Ridge Rd built?
8947 Ridge Rd was built in 1973.
How does 8947 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 8947 Ridge Rd?
8947 Ridge Rd is a 3 bed, 2 bath, 1,080 sqft, 540 sqft lot townhomes.
Is 8947 Ridge Rd a flip candidate?
No — 8947 Ridge Rd does not appear in our flips dataset.
Is 8947 Ridge Rd a tax-appeal candidate?
No — 8947 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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