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3825 Torrance Drive

3825 Torrance Drive, Toledo, OH 43612
Sold Sep 23, 2021
$110,000
$112,530 by Mortgage Research Center Llc
Mortgage Due Oct 01, 2051
Sold Aug 02, 2006
$103,000
$101,408 by Fifth Third Mortgage Co
Mortgage Due Aug 01, 2036
3825 Torrance Drive in Toledo, OH was first built in 1927 and is 97 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3825 Torrance Drive has 1,184 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 350 ft and the linear feet between the front and back of the lot is 1,700. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 432 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with metal control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of metal. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3825 Torrance Drive sold most recently in Sep 16, 2021 for a total of $110,000. If you work out the math, that's approximately a cost of $63.81 per sqft. Before that, the property was also sold for $103,000 in Jul 28, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,335 in taxes each year. 3825 Torrance Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,650. If we break it down further, the land itself was valued at $3,745. Improvements to the property, however, were assessed at a total of $16,905. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Excellent
  • Building Quality: D
  • Construction Type: Metal
  • Exterior Walls Type: Metal
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 540
  • Garage Type: Detached
  • Garage Square Area: 432
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,724
  • Gross Building Area: 1,724
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GENS & SHORTTS SUBDN
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GENS & SHORTTS SUBDN LOT 26

Ownership

  • Current Owner : MORAN MICHAEL
  • Previous Owner : RINALDI MICHELLE M
  • Previous Owner 2: BAUMAN MICHELLE M
  • Owner Before Previous Owner: WINGATE PHILLIP A
  • Owner Before Previous Owner 2: WINGATE DENISE L

Neighborhood

  • School District Name: Toledo City School District
  • Census Tract: 000601

Zoning

  • Zoning: 10-RD6

Geography

  • Assessors Map Reference: 03163027
  • Subdivision Tract Number: 6
  • Parcel: 06-01787
  • Lot: 26
  • Municipality: TOLEDO CITY
  • Latitude: 41.6895
  • Longitude: -83.5825

    Address

  • Full Address: 3825 Torrance Dr
  • Address - House Number: 3825
  • Address - Street Name: Torrance
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Toledo
  • Carrier Code: C021
  • 4-Digit Zip Code: 1122
  • Zip Code: 43612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,335
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 117,185
  • High Value: 169,017
  • Low Value: 65,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,530
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Sep 23, 2021
  • First Open Lien Mortgage Loan Amount: $112,530
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $59,000
  • Market Land Value: $10,700
  • Market Improvement Value: $48,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,650
  • Assessed Land Value: $3,745
  • Assessed Improvements Value: $16,905

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Transaction ID: 11857135984
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202109230050491
  • Previous Sale Recording Date: Aug 02, 2006
  • Previous Sale Contract Date: Jul 28, 2006
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Sep 23, 2021
  • First Mortgage Loan Amount: $112,530
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 02, 2006
  • Previous Mortgage Loan Amount: $101,408
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Five Points - Library Village



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Frequently Asked Questions

What neighborhood is 3825 Torrance Drive located in?
The 3825 Torrance Drive is a located in the neighborhood of Five Points - Library Village in Five Points - Library Village, Toledo.
What is the average sales price for listings in 3825 Torrance Drive?
The average sales price for units in 3825 Torrance Drive is $0 currently.

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