$290,000
SOLD NOV 6, 2025

41957 N Ridge Rd Elyria, OH 44035

3 Beds
1 Bath
9,642 Sq Ft
37,462 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

11% Below List Price

94 Days on Market

Highlights

  • 0.86 Acre Lot
  • Direct Access Garage
  • Bungalow
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Board and Batten Siding

About This Home

As of November 2025

This totally renovated home is only being sold as part of the full commercial listing mls #5105267
Prime Income-Generating Commercial Property
Seize this incredible investment opportunity! This versatile property features a 7,092 sq. ft. main building divided into three distinct spaces: a rear unit (3,452 sq. ft.), plus center and front units (each 1,800 sq. ft.) with upstairs offices. A garage and a single-family home add even more potential.
Currently, the large and center spaces and garage are leased, generating $2,550/month in rental income, with room to increase earnings. Located in a high-traffic commercial area with ample parking, this property is perfect for continued rental income or launching your own business. Don’t miss this prime opportunity—schedule a showing today!

Last Agent to Sell the Property

Virginia Lindsay

Keller Williams Citywide Brokerage Email: vlindsay@thelindsayteam.com, 216-407-7759 License #396154 Listed on: 03/15/2025

Keller Williams Citywide

Co-Listed By

Karry York

Keller Williams Citywide Brokerage Email: vlindsay@thelindsayteam.com, 216-407-7759 License #2015002681

Last Buyer's Agent

Danielle Voytek

Howard Hanna License #370640

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,876

Year Built

  • Built in 1920

Lot Details

  • 0.86 Acre Lot
  • 06-22-018-102-009,06-22-018-102-016,06-22-018-102-018

Home Design

  • Bungalow
  • Fiberglass Roof
  • Asphalt Roof
  • Board and Batten Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Direct Access Garage
  • Paved Parking
  • Additional Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Wilbur Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-22-018-102-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,876

Year Built

Built in 1920

Lot Details

0.86 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: vlindsay@thelindsayteam.com, 216-407-7759
  • Co List Office Phone: 440-892-2211
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Wilbur Heights
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.86
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Board & Batten Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Direct Access, Paved

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-22-018-102-020
  • LandLeaseYN: No
  • Additional Parcels Description: 06-22-018-102-009,06-22-018-102-016,06-22-018-102-018

Tax Info

  • Tax Annual Amount: 6875.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2025
Closed on
Sep 19, 2025
Sold by
Sandu Properties Llc
Bought by
Rama Properties Llc
Seller's Agent
Virginia Lindsay
Keller Williams Citywide
Buyer's Agent
Danielle Voytek
Howard Hanna
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Views
59
Current Estimated Value
$320,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,697
Original Mortgage
$216,150
Interest Rate
5.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 25, 2005
Sold by
Hall Connie Susan
Bought by
Sandu Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 1997
Sold by
Hall James H
Bought by
Hall Connie S
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $290,000 Infinity Title
Warranty Deed $250,000 --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $216,150 Credit Line Revolving
Previous Owner $200,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 Sold $290,000 -10.8% $30 / Sq Ft
08/01/2025 08/01/25 For Sale $325,000 0.0% $34 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
06/14/2025 06/14/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $325,000 -7.1% $34 / Sq Ft
03/15/2025 03/15/25 For Sale $350,000 -- $36 / Sq Ft
Source: MLS Now

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
2024 $5,522 $81,144 $22,943 $58,202
2023 $4,120 $49,858 $18,354 $31,504
2022 $4,098 $49,858 $18,354 $31,504
2021 $3,919 $49,858 $18,354 $31,504
2020 $5,962 $72,780 $18,350 $54,430
2019 $5,902 $72,780 $18,350 $54,430
2018 $5,529 $72,780 $18,350 $54,430
2017 $5,226 $60,920 $18,360 $42,560
2016 $5,091 $60,920 $18,360 $42,560
2015 $4,814 $60,920 $18,360 $42,560
2014 $4,717 $60,920 $18,360 $42,560
2013 $4,523 $60,920 $18,360 $42,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5106815

MLS Now

APN: 06-22-018-102-020

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