NOT LISTED FOR SALE

248 Somerset St Toledo, OH 43609

Southside Neighborhood

Estimated Value: $43,000 - $95,886

3 Beds
1 Bath
1,418 Sq Ft
$55/Sq Ft Est. Value

Last Sold October 21, 2015

Last sale price $13,000 $9 Per Sq Ft

Est. 496% increase in value since last sale

Current estimated payment $450/month

34 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Forced Air Heating System
  • Rectangular Lot

About This Home

As of October 2015

HUD #412-489912 SOLD AS-IS. FHA FINANCING UI (Uninsured) / 203K ELIGIBLE. SPACIOUS 3 BED / 1 BATH w/LIVING ROOM, DINING ROOM, KITCHEN and SUNROOM ON MAIN LEVEL. EXTRA BONUS ROOM OFF THIRD BED UP. 2-CAR GARAGE. *Note: KEYS CANNOT BE PROVIDED AT CLOSING (Must Be Re-Keyed). UTILITIES MUST BE PUT IN BUYER''S NAME FOR ANY INSPECTIONS BUYER CHOOSES TO COMPLETE.

Last Agent to Sell the Property

Jim Loss

Loss Realty Group License #0000313279 Listed on: 08/21/2015

Last Buyer's Agent

Mike Rable

iLink Real Estate Company, LLC License #2000000312

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $462

Year Built

  • Built in 1912

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30x130
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2.5 Car Detached Garage
  • Alley Access

Schools

  • Burroughs Elementary School
  • Bowsher High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Fearing Heights Subdivision

Listing and Financial Details

  • HUD Owned
  • Tax Lot 125
  • Assessor Parcel Number 05-15594

Home Details

Home Type

Single Family

Est. Annual Taxes

$462

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1912
  • Lot Size Acres: 0.09
  • Lot Size: 30x130
  • Inclusions: ,,
  • Ownership: Hud Owned
  • Subdivision Name: Fearing Heights
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Fireplace: No
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Other
  • Living Area: 1418.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Alley Access, Detached, Garage
  • Total Parking Spaces: 2.5

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 05-15594
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 125

MLS Schools

  • Elementary School: Burroughs
  • HighSchool: Bowsher

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Oct 19, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Toledo Transformation Llc
Seller's Agent
Jim Loss
Loss Realty Group
Buyer's Agent
Mike Rable
iLink Real Estate Company, LLC
List Price
$14,000
Sold Price
$13,000
Premium/Discount to List
-$1,000
-7.14%
Current Estimated Value
$77,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,472
Avg. Annual Appreciation
19.58%

Purchase Details

Closed on
Sep 19, 2014
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 25, 2014
Sold by
Singleton Felicia R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 31, 2002
Sold by
Burgess Burgess Marguerite J and Hoskins John
Bought by
Singleton Felicia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,059
Interest Rate
6.13%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Gland Tammy and Osborne Tammy
Bought by
Burgess Marguerite J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Interest Rate
7.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Toledo Transformation Llc $13,000 None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $26,000 None Available
Singleton Felicia R $75,700 Northwest Title Agency Of Oh
Burgess Marguerite J $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singleton Felicia R $75,059
Previous Owner Burgess Marguerite J $51,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2015 10/21/15 Sold $13,000 -7.1% $9 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $14,000 -- $10 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

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 $462 $12,845 $5,845 $7,000
2023 $643 $7,770 $3,605 $4,165
2022 $636 $7,770 $3,605 $4,165
2021 $624 $7,770 $3,605 $4,165
2020 $668 $7,175 $3,290 $3,885
2019 $644 $7,175 $3,290 $3,885
2018 $641 $7,175 $3,290 $3,885
2017 $673 $7,000 $3,220 $3,780
2016 $643 $20,000 $9,200 $10,800
2015 $1,305 $48,600 $9,200 $39,400
2014 $1,070 $17,010 $3,220 $13,790
2013 $1,070 $17,010 $3,220 $13,790
Source: Public Records

Agents Affiliated with this Home

  • Jim Loss

    Seller's Agent in 2015

    Jim Loss

    Loss Realty Group

    (419) 283-5482

    8 in this area

    197 Total Sales

    Jim Loss
    Section Image

  • M

    Buyer's Agent in 2015

    Mike Rable

    iLink Real Estate Company, LLC

    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 5092861

Northwest Ohio Real Estate Information Service (NORIS)

APN: 05-15594

Ohio Lucas County Toledo 43609 Southside

248 Somerset St, Toledo, OH

This home is located at 248 Somerset St, Toledo, OH 43609 since 21 August 2015 and is currently estimated at $77,472, approximately $54 per square foot. This property was built in 1912. 248 Somerset St is a home located in Lucas County with nearby schools including Burroughs Elementary School, Bowsher High School, and Explorers Academy of Science and Technology.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Ohio Real Estate Information Service (NORIS) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2025 NORIS. All rights reserved.

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