1819 Garden Ridge Dr Toledo, OH 43614
Southwyck NeighborhoodEstimated payment $13,687/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 |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | Pending | -- | -- | -- |
| 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
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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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