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508 Ledge Rd

Macedonia, OH 44056

4 bd 3 ba 2,080 sqft Built 1958 Lot 51,998 sqft single_family
Most recent sale
$285,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $285,000 MLS #4359273
Apr 21, 2022 Price changed $309,900 MLS #4359273
Apr 11, 2022 Price changed $319,900 MLS #4359273
Apr 7, 2022 Listed $329,900 MLS #4359273

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $74,512 $15,117 $89,629 $4,474
2024 $74,512 $15,117 $89,629 $4,061
2023 $74,512 $15,117 $89,629 $3,993
2022 $58,212 $11,998 $70,210 $3,825
2021 $58,212 $11,998 $70,210 $3,837
2020 $58,212 $11,998 $70,210 $3,767
2019 $42,875 $15,519 $58,394 $3,480
2018 $45,192 $15,519 $60,711 $3,053
2017 $45,192 $15,519 $60,711 $3,180
2016 $44,314 $15,519 $59,833 $3,298
2015 $44,314 $15,519 $59,833 $3,297
2014 $44,314 $15,519 $59,833 $3,275
2013 $47,093 $15,519 $62,612 $3,394
2012 $47,093 $15,519 $62,612 $3,398
2011 $47,093 $15,519 $62,612 $3,400
2010 $49,756 $26,163 $75,919 $4,157
2009 $49,756 $26,163 $75,919 $4,153
2008 $49,756 $26,163 $75,919 $4,150
2007 $58,020 $18,113 $76,133 $3,966

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,080 sqft
Lot size
51,998 sqft
ZIP code
44056
City
Macedonia
Street
Ledge Rd
Coordinates
41.33485, -81.51228

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
$3,120
Gross rental yield
13.14%
Implied cap rate
8.54%
Trend-extrapolated value

Frequently asked questions

When did 508 Ledge Rd last sell?
508 Ledge Rd most recently sold on Jun 1, 2022 for $285,000.
What is the current tax assessment for 508 Ledge Rd?
The most recent total assessment for 508 Ledge Rd (year 2025) is $89,629 with $4,474 in property tax.
How does 508 Ledge Rd's assessment compare to its last sale price?
The current assessment is 68.6% below the last sale price of $285,000.
When was 508 Ledge Rd built?
508 Ledge Rd was built in 1958.
How does 508 Ledge Rd compare to others on Ledge Rd?
We track 8 other properties on Ledge Rd. Browse the list under "Other properties on Ledge Rd" to compare beds, baths, and sale history.
What are the property facts for 508 Ledge Rd?
508 Ledge Rd is a 4 bed, 3 bath, 2,080 sqft, 51,998 sqft lot single_family.
Is 508 Ledge Rd a flip candidate?
No — 508 Ledge Rd does not appear in our flips dataset.
Is 508 Ledge Rd a tax-appeal candidate?
No — 508 Ledge 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
-2.7%
Implied 1-yr
-10.7%
2026 Q3
$245.2K
2026 Q4
$238.3K
ZIP 44056 — Median Price History + Forecast

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