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505 Wood St

Elyria, OH 44035

3 bd 2 ba 1,520 sqft Built 1979 Lot 10,019 sqft single_family
Most recent sale
$94,000
Aug 18, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2024 Sold $170,000 MLSNOW
Mar 7, 2024 Listed $150,000 MLSNOW
Aug 18, 2021 Sold $94,000 Public Record
May 20, 2011 Sold $31,000 Public Record
Apr 11, 2011 Listing removed $37,900 MLSNOW
Mar 26, 2011 Price changed $37,900 MLSNOW
Feb 5, 2011 Price changed $42,900 MLSNOW
Dec 14, 2010 Price changed $49,950 MLSNOW
Sep 7, 2010 Price changed $54,000 MLSNOW
Aug 18, 2010 Price changed $55,000 MLSNOW
Aug 2, 2010 Listed $59,900 MLSNOW
Aug 24, 1994 Sold $73,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $43,890 $9,180 $53,070 $2,189
2023 $25,211 $7,231 $32,442 $1,497
2022 $25,211 $7,231 $32,442 $1,492
2021 $25,211 $7,231 $32,442 $1,538
2020 $22,876 $6,563 $29,439 $1,500
2019 $22,876 $6,563 $29,439 $1,495
2018 $22,876 $6,563 $29,439 $1,513
2017 $21,823 $3,581 $25,404 $1,413
2016 $21,823 $3,581 $25,404 $1,412
2015 $21,823 $3,581 $25,404 $1,420
2014 $21,186 $3,476 $24,662 $1,405
2013 $21,186 $3,476 $24,662 $1,449
2012 $21,186 $3,476 $24,662 $1,183
2011 $22,925 $4,410 $27,335 $1,233
2010 $22,925 $4,410 $27,335 $1,232
2009 $22,925 $4,410 $27,335 $1,184
2008 $25,200 $4,830 $30,030 $1,217
2007 $25,200 $4,830 $30,030 $1,219

Property facts

Year built
1979
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,520 sqft
Lot size
10,019 sqft
ZIP code
44035
City
Elyria
Street
Wood St
Coordinates
41.34272, -82.10357

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$564
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Wood St last sell?
505 Wood St most recently sold on Aug 18, 2021 for $94,000.
What is the current tax assessment for 505 Wood St?
The most recent total assessment for 505 Wood St (year 2025) is $53,070 with $2,189 in property tax.
How does 505 Wood St's assessment compare to its last sale price?
The current assessment is 43.5% below the last sale price of $94,000.
When was 505 Wood St built?
505 Wood St was built in 1979.
How does 505 Wood St compare to others on Wood St?
We track 3 other properties on Wood St. Browse the list under "Other properties on Wood St" to compare beds, baths, and sale history.
What are the property facts for 505 Wood St?
505 Wood St is a 3 bed, 2 bath, 1,520 sqft, 10,019 sqft lot single_family.
Is 505 Wood St a flip candidate?
No — 505 Wood St does not appear in our flips dataset.
Is 505 Wood St a tax-appeal candidate?
No — 505 Wood St 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

Explore nearby

Other properties on Wood St