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5558 305th Street

5558 305th Street, Toledo, OH 43611
Property in Point Place
Sold Mar 03, 2021
$102,500
$100,642 by Equity Resources Inc
Mortgage Due Mar 01, 2051
5558 305th Street in Toledo, OH was first built in 1953 and is 71 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5558 305th Street has 1,014 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 500 ft and the linear feet between the front and back of the lot is 1,750. In total, the area measurement of the land is 8,800 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 480 sqft. There are a total of 2 available parking spaces. 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 average. 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, 5558 305th Street sold most recently in Feb 26, 2021 for a total of $102,500. If you work out the math, that's approximately a cost of $50.54 per sqft. 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 $1,168 in taxes each year. 5558 305th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,865. If we break it down further, the land itself was valued at $7,910. Improvements to the property, however, were assessed at a total of $17,955. 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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 676
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,800
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,028
  • Gross Building Area: 2,028
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OTTAWA FARMS
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: OTTAWA FARMS LOT 1 & 2 N 50 FT S 600 FTEXC W 25 FT ST

Ownership

  • Current Owner : EPSTEIN ANDREW
  • Previous Owner : FAYLOR SONDRA A
  • Previous Owner 2: ESTATE OF SHIRLEY A HERRMANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Toledo City School District
  • Census Tract: 005501

Zoning

  • Zoning: 10-RS6

Geography

  • Assessors Map Reference: 10059013
  • Subdivision Tract Number: 55.01
  • Parcel: 11-63714
  • Lot: 1,2
  • Municipality: TOLEDO CITY
  • Latitude: 41.7217
  • Longitude: -83.4743

    Address

  • Full Address: 5558 305th St
  • Address - House Number: 5558
  • Address - Street Name: 305th
  • Address - Suffix Type: St
  • State: OH
  • City Name: Toledo
  • Carrier Code: C015
  • 4-Digit Zip Code: 2350
  • Zip Code: 43611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,168
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 130,798
  • High Value: 188,651
  • Low Value: 72,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,642
  • First Open Lien Mortgage Lender: EQUITY RESOURCES INC
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Loan Amount: $100,642
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $73,900
  • Market Land Value: $22,600
  • Market Improvement Value: $51,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,865
  • Assessed Land Value: $7,910
  • Assessed Improvements Value: $17,955

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11823576850
  • Current Sale Price: $102,500
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 202103030010673

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY RESOURCES INC
  • First Mortgage Transaction Date: Mar 03, 2021
  • First Mortgage Loan Amount: $100,642
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

About Point Place



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Frequently Asked Questions

What neighborhood is 5558 305th Street located in?
The 5558 305th Street is a located in the neighborhood of Point Place in Point Place, Toledo.
What is the average sales price for listings in 5558 305th Street?
The average sales price for units in 5558 305th Street is $0 currently.

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