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4016 North Lockwood Avenue

4016 North Lockwood Avenue, Toledo, OH 43612
Sold Jun 30, 2022
$80,000
$84,000 by Pentagon Federal Credit Union
Mortgage Due Sep 10, 2052
Sold Dec 22, 2016
$57,500
$56,206 by Quicken Loans Inc
Mortgage Due Jan 01, 2047
4016 North Lockwood Avenue in Toledo, OH was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4016 North Lockwood Avenue has 2,585 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 400 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. There is 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 400 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 fair. 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, 4016 North Lockwood Avenue sold most recently in Jun 27, 2022 for a total of $80,000. If you work out the math, that's approximately a cost of $20.80 per sqft. Before that, the property was also sold for $57,500 in Dec 20, 2016. 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 $1,667 in taxes each year. The initial year of tax delinquency occurred in 2022. 4016 North Lockwood Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,795. If we break it down further, the land itself was valued at $7,035. Improvements to the property, however, were assessed at a total of $18,760. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Metal
  • Building Style: Multifamily
  • Exterior Walls Type: Metal
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,262
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,847
  • Gross Building Area: 3,847
  • Building Area: 2,585
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,585
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAMSEYERS WEST PK ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • County Land Use Code: Business personal property general
  • Legal Description 1: RAMSEYERS WEST PK ADD LOT 125

Ownership

  • Current Owner : HAMILTON FRANKIE
  • Previous Owner : FRANKIE HAMILTON II
  • Owner Before Previous Owner: DAVIS LESLIE R
  • Owner Before Previous Owner 2: SCHUTT LESLIE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Toledo City School District
  • Census Tract: 000302

Zoning

  • Zoning: 10-RD6

Geography

  • Assessors Map Reference: 03016028
  • Subdivision Tract Number: 3
  • Parcel: 13-14214
  • Lot: 125
  • Municipality: TOLEDO CITY
  • Latitude: 41.693
  • Longitude: -83.5695

    Address

  • Full Address: 4016 N Lockwood Ave
  • Address - House Number: 4016
  • Street Direction: N
  • Address - Street Name: Lockwood
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Toledo
  • Carrier Code: C025
  • 4-Digit Zip Code: 1743
  • Zip Code: 43612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,667
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 130,615
  • High Value: 188,387
  • Low Value: 72,842

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: PENTAGON FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 01, 2022
  • First Open Lien Mortgage Loan Amount: $84,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 10, 2052

    Market Valuation

  • Market Total Value: $73,700
  • Market Land Value: $20,100
  • Market Improvement Value: $53,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,795
  • Assessed Land Value: $7,035
  • Assessed Improvements Value: $18,760

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Transaction ID: 11891825276
  • Current Sale Price: $80,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 29457
  • Previous Sale Recording Date: Dec 22, 2016
  • Previous Sale Contract Date: Dec 20, 2016
  • Previous Sale Amount: $57,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Dec 22, 2016
  • Previous Mortgage Loan Amount: $56,206
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Five Points - Library Village



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Frequently Asked Questions

What neighborhood is 4016 North Lockwood Avenue located in?
The 4016 North Lockwood Avenue 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 4016 North Lockwood Avenue?
The average sales price for units in 4016 North Lockwood Avenue is $0 currently.

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