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5031 Ridgewood Rd

Springfield, OH 45503

3 bd 2 ba 1,325 sqft Built 1956 Lot 10,019 sqft single_family
Most recent sale
$117,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2024 Sold $260,000 ColumbusCORMLS
Jul 19, 2022 Sold $117,000 Public Record
Jul 8, 2022 Sold $117,000 MLS #1019387
Jun 27, 2022 Listed $110,000 MLS #222023539

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $53,690 $13,150 $66,840 $2,599
2023 $41,440 $12,100 $53,540 $2,315
2022 $41,440 $12,100 $53,540 $1,901
2021 $34,300 $9,030 $43,330 $1,732
2020 $34,300 $9,030 $43,330 $1,733
2019 $34,300 $9,030 $43,330 $1,766
2018 $26,610 $10,020 $36,630 $1,484
2017 $26,610 $10,020 $36,630 $1,271
2016 $26,610 $10,020 $36,630 $1,263
2015 $26,500 $10,020 $36,520 $1,306
2014 $26,500 $10,020 $36,520 $1,306
2013 $26,500 $10,020 $36,520 $1,275
2012 $26,930 $7,700 $34,630 $1,213
2011 $26,930 $7,700 $34,630 $1,168
2010 $26,930 $7,700 $34,630 $1,108
2009 $28,960 $8,280 $37,240 $1,165
2008 $28,960 $8,280 $37,240 $1,146
2007 $28,960 $8,280 $37,240 $1,118

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,325 sqft
Lot size
10,019 sqft
ZIP code
45503
City
Springfield
Street
Ridgewood Rd
Coordinates
39.99678, -83.77684

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
$702
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5031 Ridgewood Rd last sell?
5031 Ridgewood Rd most recently sold on Jul 19, 2022 for $117,000.
What is the current tax assessment for 5031 Ridgewood Rd?
The most recent total assessment for 5031 Ridgewood Rd (year 2025) is $66,840 with $2,599 in property tax.
How does 5031 Ridgewood Rd's assessment compare to its last sale price?
The current assessment is 42.9% below the last sale price of $117,000.
When was 5031 Ridgewood Rd built?
5031 Ridgewood Rd was built in 1956.
How does 5031 Ridgewood Rd compare to others on Ridgewood Rd?
We track 8 other properties on Ridgewood Rd. Browse the list under "Other properties on Ridgewood Rd" to compare beds, baths, and sale history.
What are the property facts for 5031 Ridgewood Rd?
5031 Ridgewood Rd is a 3 bed, 2 bath, 1,325 sqft, 10,019 sqft lot single_family.
Is 5031 Ridgewood Rd a flip candidate?
Yes — 5031 Ridgewood Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5031 Ridgewood Rd a tax-appeal candidate?
No — 5031 Ridgewood 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
-0.4%
Implied 1-yr
-1.6%
2026 Q3
$187.7K
2026 Q4
$187K
ZIP 45503 — Median Price History + Forecast

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