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8947 Ridge Rd

Elyria, OH 44035

2 bd 2 ba 1,127 sqft Built 1973 Lot 601 sqft townhomes
Most recent sale
$115,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $115,000 MLS #4378562
Jun 3, 2022 Listed $104,900 MLS #4378562
Nov 3, 2016 Sold $43,000 MLSNOW
Nov 2, 2016 Sold $43,000 Public Record
Sep 7, 2016 Price changed $45,900 MLSNOW
Jul 22, 2016 Price changed $49,900 MLSNOW
Jun 8, 2016 Price changed $54,500 MLSNOW
Apr 1, 2016 Relisted $56,500 MLSNOW
Feb 8, 2016 Listing removed $57,500 MLSNOW
Jan 11, 2016 Price changed $57,500 MLSNOW
Dec 18, 2015 Listed $58,500 MLSNOW
Nov 9, 2009 Sold $75,000 MLS #2006012
Jan 30, 2002 Sold $75,000 Public Record
Oct 30, 2001 Listed $79,900 MLS #2006012

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $36,830 $4,640 $41,470 $1,953
2023 $16,695 $3,353 $20,048 $1,094
2022 $16,695 $3,353 $20,048 $1,090
2021 $16,695 $3,353 $20,048 $1,093
2020 $15,162 $3,045 $18,207 $1,116
2019 $15,162 $3,045 $18,207 $1,109
2018 $15,162 $3,045 $18,207 $1,111
2017 $17,714 $3,721 $21,435 $1,364
2016 $17,714 $3,721 $21,435 $795
2015 $17,714 $3,721 $21,435 $747
2014 $18,337 $3,850 $22,187 $780
2013 $18,337 $3,850 $22,187 $773
2012 $18,337 $3,850 $22,187 $755
2011 $19,810 $4,060 $23,870 $793
2010 $19,810 $4,060 $23,870 $790
2009 $19,810 $4,060 $23,870 $711
2008 $22,260 $4,550 $26,810 $786
2007 $22,260 $4,550 $26,810 $782

Property facts

Year built
1973
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,127 sqft
Lot size
601 sqft
ZIP code
44035
City
Elyria
Street
Ridge Rd
Coordinates
41.36090, -82.15700

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
$690
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 Jul 14, 2022 for $115,000.
What is the current tax assessment for 8947 Ridge Rd?
The most recent total assessment for 8947 Ridge Rd (year 2025) is $41,470 with $1,953 in property tax.
How does 8947 Ridge Rd's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $115,000.
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 2 bed, 2 bath, 1,127 sqft, 601 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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