NOT LISTED FOR SALE

4048 Hearthstone Place Toledo, OH 43613

DeVeaux Neighborhood

Estimated Value: $82,000 - $98,000

2 Beds
1.5 Baths
872 Sq Ft
$102/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $6,800 $8 Per Sq Ft

Est. 1,202% increase in value since last sale

Current estimated payment $548/month

122 Days on Market

Highlights

  • Living Room with Fireplace
  • Bungalow
  • Rectangular Lot
  • 2.5 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of May 2014

Brick Bungalow Built In 1929 Features Kitchen, Dining Room,Living Room With Fireplace, 2 Bedrooms, Full Basement And A Bath And A Half. There Is A 2-1/2 Car Garage And Good Sized Deck In The Fenced Back Yard. There Will Be A New Roof As Soon As Weather Permits. Sold "As Is", However, A New Roof Will Be Put On When The Weather Cooperates.

Last Agent to Sell the Property

Jonathan Malhoit

RE/MAX Executives License #2005009243 Listed on: 01/16/2014

Last Buyer's Agent

Jonathan Malhoit

RE/MAX Executives License #2005009243 Listed on: 01/16/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $636

Year Built

  • Built in 1929

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 40x135
  • Rectangular Lot

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 872 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Gas Stub for Range
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2.5 Car Detached Garage
  • Driveway

Schools

  • Deveaux Elementary School
  • Start High School

Utilities

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

Community Details

  • Hearthstone Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 5
  • Assessor Parcel Number 07-07974

Home Details

Home Type

Single Family

Est. Annual Taxes

$636

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1929
  • Lot Size Acres: 0.124
  • Lot Size: 40x135
  • Inclusions: ,,
  • Ownership: Lender Owned
  • Subdivision Name: Hearthstone
  • Architectural Style: Bungalow, One Story
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Stories: 1
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Interior Amenities: Gas Range Connection
  • Living Area: 872.0
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Lead Based Paint Disclosure, Sellers Disclosure Not Available
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Concrete, Driveway, Detached
  • Total Parking Spaces: 2.5

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater
  • Cooling: None
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 07-07974
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 5

MLS Schools

  • Elementary School: Deveaux
  • HighSchool: Start

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2014
Closed on
May 22, 2014
Sold by
Lucas County Land Reutilization Corp
Bought by
Swanbeck Stephen M
Seller's Agent
Jonathan Malhoit
RE/MAX Executives
Buyer's Agent
Jonathan Malhoit
RE/MAX Executives
List Price
$19,900
Sold Price
$6,800
Premium/Discount to List
-$13,100
-65.83%
Total Days on Market
122
Current Estimated Value
$88,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,713
Avg. Annual Appreciation
25.19%

Purchase Details

Closed on
Sep 10, 2013
Sold by
Husman Thomas and Husman Thomas C
Bought by
Lucas County Land Reutilization Corp

Purchase Details

Closed on
Feb 1, 2011
Sold by
Dresher Matthew T and Dresher Lauren M
Bought by
Husman Thomas

Purchase Details

Closed on
Dec 27, 2005
Sold by
Spencer Jeannine A
Bought by
Dresher Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 27, 2001
Sold by
Spencer Claudus Ray
Bought by
Spencer Jeannine A

Purchase Details

Closed on
May 10, 2000
Sold by
Ray Spencer Claudus
Bought by
Spencer Jeannine A

Purchase Details

Closed on
Jun 25, 1998
Sold by
Ray Spencer Claudus and Spencer Jeannine A
Bought by
Spencer Claudus Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
7.18%

Purchase Details

Closed on
Feb 3, 1994
Sold by
Barden Barden W W and Barden B
Source: Public Records

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Range of Values:

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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
Swanbeck Stephen M -- None Available
Lucas County Land Reutilization Corp -- None Available
Husman Thomas $19,500 Louisville Title Agency For
Dresher Matthew T $78,000 Louisville Title Agency For
Spencer Jeannine A -- --
Spencer Jeannine A -- --
Spencer Claudus Ray -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dresher Matthew T $78,000
Previous Owner Spencer Claudus Ray $39,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2014 05/22/14 Sold $6,800 -65.8% $8 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $19,900 -- $23 / 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 $636 $19,740 $6,405 $13,335
2023 $1,072 $15,680 $6,405 $9,275
2022 $1,076 $15,680 $6,405 $9,275
2021 $1,100 $15,680 $6,405 $9,275
2020 $1,202 $15,225 $6,195 $9,030
2019 $1,167 $15,225 $6,195 $9,030
2018 $1,215 $15,225 $6,195 $9,030
2017 $1,263 $15,750 $4,865 $10,885
2016 $1,267 $45,000 $13,900 $31,100
2015 $1,417 $45,000 $13,900 $31,100
2014 -- $18,030 $4,870 $13,160
2013 -- $18,030 $4,870 $13,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 5066877

Northwest Ohio Real Estate Information Service (NORIS)

APN: 07-07974