1819 Garden Ridge Dr Toledo, OH 43614
Southwyck NeighborhoodEstimated payment $13,765/month
Highlights
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Carpet
About This Home
The seller purchased this property in 2022. Prior ownership had neglected the asset and made no reinvestments. Since acquisition, the current owner has invested approximately $378,00 in higher-than-normal maintenance costs and has required substantial capital improvements, including unit renovations, new appliances, updated flooring and carpeting, HVAC replacements, Roof and siding upgrades, and other enhancements. To date 15-17 of the 32 units have been renovated since 2022. This creates an opportunity for a new buyer to complete the remaining improvements and realize the property's full potential.
Listing Agent
The Danberry Co. Brokerage Phone: 419-277-7636 License #0000353617 Listed on: 03/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $45,784
Year Built
- Built in 1963
Lot Details
- Lot Dimensions are 90 x 145
- 2055552, 2055629, 2055632, 2055635, 2055639, 2055619, 2055645
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 46 Bedrooms
- 2,716 Sq Ft Home
- 1-Story Property
- Window Screens
- Carpet
Parking
- 32 Parking Spaces
- Driveway
- Off-Street Parking
Schools
- Glendale - Feilbach Elementary School
- None Middle School
- Bowsher High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Natural Gas
- Water Heater
Listing and Financial Details
- Security Deposit $9,500
- The owner pays for common area maintenance, electricity, exterior maintenance, grounds care, HVAC maintenance, pest control, repairs, roof maintenance, sewer, trash collection, water, insurance, management, snow removal, taxes, lawn care
- Assessor Parcel Number 20-55625
- $1,198 per year additional tax assessments
Community Details
Overview
- 8 Buildings
- 32 Units
- Glendale Gardens Subdivision
Pet Policy
- Pets Allowed
Building Details
- 28 Leased Units
- 4 Vacant Units
- Maintenance Expense $149,028
- Gross Income $834,886
- Net Operating Income $155,858
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $60,410 | $5,530 | $54,880 |
| 2024 | $2,698 | $60,410 | $5,530 | $54,880 |
| 2023 | $3,911 | $39,270 | $3,185 | $36,085 |
| 2022 | $4,067 | $39,270 | $3,185 | $36,085 |
| 2021 | $4,118 | $39,270 | $3,185 | $36,085 |
| 2020 | $3,886 | $36,155 | $3,010 | $33,145 |
| 2019 | $3,801 | $36,155 | $3,010 | $33,145 |
| 2018 | $3,731 | $36,155 | $3,010 | $33,145 |
| 2017 | $3,665 | $34,440 | $6,405 | $28,035 |
| 2016 | $3,685 | $98,400 | $18,300 | $80,100 |
| 2015 | $3,659 | $98,400 | $18,300 | $80,100 |
| 2014 | $4,594 | $34,450 | $6,410 | $28,040 |
| 2013 | $3,063 | $34,450 | $6,410 | $28,040 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | For Sale | $1,875,000 | -- | $690 / Sq Ft |
Source: Northwest Ohio Real Estate Information Service (NORIS)
MLS Number: 10004923
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2026 NORIS. All rights reserved.
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