Check Availability

8526 West Bancroft Street

8526 West Bancroft Street, Toledo, OH 43617
Property in Sylvania
Sold Dec 14, 2021
$665,000
$665,000 by Summit Funding Inc
Mortgage Due Jan 01, 2052
Sold Jan 21, 2014
$240,700
8526 West Bancroft Street has been categorized by the local assessors in Toledo, OH as a residential type of property. The building on the property was first built in 2009 and is 15 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8526 West Bancroft Street has 4,924 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 13,200 ft and across the front of the lot is 1,650 ft. The area measurement of the land has been determined as 96,094 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 768 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with other control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 8526 West Bancroft Street sold most recently in Dec 3, 2021 for a total of $665,000. If you work out the math, that's approximately a cost of $83.69 per sqft. Before that, the property was also sold for $240,700 in Jan 17, 2014. 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 $11,365 in taxes each year. 8526 West Bancroft Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $88,865. If we break it down further, the land itself was valued at $19,250. Improvements to the property, however, were assessed at a total of $69,615. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Other
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,254
  • Garage Type: Attached
  • Garage Square Area: 768
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 96,094
  • Lot Size Depth Feet: 13,200
  • Lot Size Frontage Feet: 1,650
  • Total Building Area: 7,946
  • Gross Building Area: 7,946
  • Building Area: 4,924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.206
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: 6 9 30 SE 1/4 S 614.34 FT N 1320 FT W 165 FT E 1650 FT

Ownership

  • Current Owner : BELL DAVID
  • Current Owner 2: BELL WEDNY
  • Previous Owner : JOHNSON RONALD L
  • Previous Owner 2: JOHNSON TERESA A
  • Owner Before Previous Owner: JOHNSON RONALD C
  • Owner Before Previous Owner 2: JOHNSON MARILYNN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Sylvania City School District
  • Census Tract: 009203

Zoning

  • Zoning: 20-RA

Geography

  • Assessors Map Reference: 30024062
  • Subdivision Tract Number: 92
  • Parcel: 78-43118
  • Municipality: SYLVANIA TWP
  • Latitude: 41.6606
  • Longitude: -83.7472

    Address

  • Full Address: 8526 W Bancroft St
  • Address - House Number: 8526
  • Street Direction: W
  • Address - Street Name: Bancroft
  • Address - Suffix Type: St
  • State: OH
  • City Name: Toledo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1906
  • Zip Code: 43617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,365
  • Tax Rate Code Area: 78

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 540,154
  • High Value: 668,999
  • Low Value: 411,310

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $665,000
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $665,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $253,900
  • Market Land Value: $55,000
  • Market Improvement Value: $198,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,865
  • Assessed Land Value: $19,250
  • Assessed Improvements Value: $69,615

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11874056487
  • Current Sale Price: $665,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 202112140065433
  • Previous Sale Recording Date: Jan 21, 2014
  • Previous Sale Contract Date: Jan 17, 2014
  • Previous Sale Amount: $240,700
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Dec 14, 2021
  • First Mortgage Loan Amount: $665,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2052

About Lucas



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8526 West Bancroft Street located in?
The 8526 West Bancroft Street is a located in the neighborhood of Sylvania in Lucas, Toledo.
What is the average sales price for listings in 8526 West Bancroft Street?
The average sales price for units in 8526 West Bancroft Street is $0 currently.

Quantcast