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51223 Ridge Rd

Vermilion, OH 44089

1 bd 1 ba 728 sqft Built 1960 Lot 113,692 sqft single_family
Most recent sale
$189,900
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $189,900 MLSNOW
Mar 1, 2024 Listed $189,900 Firelands

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $38,390 $32,210 $70,600 $2,867
2023 $24,007 $18,834 $42,841 $1,582
2022 $24,007 $18,834 $42,841 $1,574
2021 $24,007 $18,834 $42,841 $1,572
2020 $20,822 $16,335 $37,157 $1,379
2019 $20,822 $16,335 $37,157 $1,369
2018 $20,822 $16,335 $37,157 $1,402
2017 $20,416 $18,501 $38,917 $1,436
2016 $20,416 $18,501 $38,917 $1,453
2015 $20,416 $18,501 $38,917 $1,454
2014 $20,416 $18,501 $38,917 $1,468
2013 $20,416 $18,501 $38,917 $1,410
2012 $20,416 $18,501 $38,917 $1,375
2011 $18,375 $20,160 $38,535 $1,293
2010 $18,375 $20,160 $38,535 $1,162
2009 $18,375 $20,160 $38,535 $1,126
2008 $19,360 $21,210 $40,570 $1,165
2007 $19,360 $21,210 $40,570 $1,170

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
728 sqft
Lot size
113,692 sqft
ZIP code
44089
City
Vermilion
Street
Ridge Rd
Coordinates
41.37984, -82.31593

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,092
Gross rental yield
6.90%
Implied cap rate
4.49%
Trend-extrapolated value

Frequently asked questions

When did 51223 Ridge Rd last sell?
51223 Ridge Rd most recently sold on Apr 19, 2024 for $189,900.
What is the current tax assessment for 51223 Ridge Rd?
The most recent total assessment for 51223 Ridge Rd (year 2025) is $70,600 with $2,867 in property tax.
How does 51223 Ridge Rd's assessment compare to its last sale price?
The current assessment is 62.8% below the last sale price of $189,900.
When was 51223 Ridge Rd built?
51223 Ridge Rd was built in 1960.
How does 51223 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 51223 Ridge Rd?
51223 Ridge Rd is a 1 bed, 1 bath, 728 sqft, 113,692 sqft lot single_family.
Is 51223 Ridge Rd a flip candidate?
No — 51223 Ridge Rd does not appear in our flips dataset.
Is 51223 Ridge Rd a tax-appeal candidate?
No — 51223 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
-2.5%
Implied 1-yr
-10.0%
2026 Q3
$304.7K
2026 Q4
$304.7K
ZIP 44089 — Median Price History + Forecast

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