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5420 Ridgewood Rd

Springfield, OH 45503

3 bd 2 ba 1,655 sqft Built 1979 Lot 14,854 sqft single_family
Most recent sale
$230,500
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $230,500 Public Record
May 24, 2022 Sold $230,500 MLS #1017535
Apr 19, 2022 Listed $212,000 MLS #861706
Sep 18, 2020 Sold $181,000 MLS #1005528
May 15, 2018 Sold $155,000 MLS #415750
Apr 6, 2018 Listed $154,900 MLS #415750
Jun 2, 1994 Sold $89,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $65,670 $15,800 $81,470 $3,168
2023 $43,620 $13,780 $57,400 $2,482
2022 $43,620 $13,780 $57,400 $2,436
2021 $40,260 $10,850 $51,110 $2,560
2020 $40,260 $10,850 $51,110 $2,562
2019 $40,260 $10,850 $51,110 $2,610
2018 $29,450 $12,040 $41,490 $2,208
2017 $29,450 $12,040 $41,490 $1,892
2016 $29,450 $12,040 $41,490 $1,879
2015 $29,480 $12,040 $41,520 $1,952
2014 $29,480 $12,040 $41,520 $1,952
2013 $29,480 $12,040 $41,520 $1,906
2012 $31,250 $9,240 $40,490 $1,898
2011 $31,250 $9,240 $40,490 $1,827
2010 $31,250 $9,240 $40,490 $1,733
2009 $33,600 $9,940 $43,540 $1,780
2008 $33,600 $9,940 $43,540 $1,751
2007 $33,600 $9,940 $43,540 $1,708

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,655 sqft
Lot size
14,854 sqft
ZIP code
45503
City
Springfield
Street
Ridgewood Rd
Coordinates
40.00200, -83.77444

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
$2,483
Gross rental yield
12.93%
Implied cap rate
8.40%
Trend-extrapolated value

Frequently asked questions

When did 5420 Ridgewood Rd last sell?
5420 Ridgewood Rd most recently sold on May 26, 2022 for $230,500.
What is the current tax assessment for 5420 Ridgewood Rd?
The most recent total assessment for 5420 Ridgewood Rd (year 2025) is $81,470 with $3,168 in property tax.
How does 5420 Ridgewood Rd's assessment compare to its last sale price?
The current assessment is 64.7% below the last sale price of $230,500.
When was 5420 Ridgewood Rd built?
5420 Ridgewood Rd was built in 1979.
How does 5420 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 5420 Ridgewood Rd?
5420 Ridgewood Rd is a 3 bed, 2 bath, 1,655 sqft, 14,854 sqft lot single_family.
Is 5420 Ridgewood Rd a flip candidate?
Yes — 5420 Ridgewood Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5420 Ridgewood Rd a tax-appeal candidate?
No — 5420 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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