NOT LISTED FOR SALE

406 Burbank Dr Toledo, OH 43607

Scott Park Neighborhood
-- Bed
-- Bath
6,335 Sq Ft
5,859 Sq Ft Lot

Last Sold July 30, 2018

Last sale price $240,000 $38 Per Sq Ft

124 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted In Outer Wall Opening
  • Boiler Heating System

About This Home

As of July 2018

The owner is a licensed Realtor and has operated the property for 17 years. This would be a great addition to an investors portfolio. Half mile south of UT and half mile west of Scott Park Campus. Most units have laminate flooring. Parcel ID# 2045864/2045861.

Last Agent to Sell the Property

Mike Welch

RE/MAX Preferred Associates License #0000349420 Listed on: 12/06/2017

RE/MAX Preferred Associates

Co-Listed By

Gregory Genzman

RE/MAX Preferred Associates License #2006004610

Last Buyer's Agent

Michael Welch

Coldwell Banker Cavalear

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,654

Year Built

  • Built in 1966

Lot Details

  • 5,859 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 6,335 Sq Ft Home
  • 3-Story Property
  • Gas Dryer Hookup

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 18 Parking Spaces
  • Driveway
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,130
  • Tenant pays for electricity
  • The owner pays for electricity, gas, insurance, sewer, taxes, trash collection, water
  • Assessor Parcel Number 20-45864
  • $77 per year additional tax assessments

Community Details

Overview

  • 12 Units
  • Laurelwood Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • 12 Leased Units
  • Operating Expense $22,413
  • Net Operating Income $33,807

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,654

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1966
  • Lot Size Acres: 0.13
  • Lot Size: 5,860
  • Co List Office Mls Id: PREF
  • Co List Office Phone: 419-720-5600
  • Subdivision Name: Laurelwood
  • Carport Y N: No
  • Status Change Information: Status Change Timestamp: 2018-07-30
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Electricity, Gas, Insurance, Sewer, Taxes, Trash Collection, Water
  • Stories: 3

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • Construction Type: Concrete
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Parking Lot, Driveway
  • Total Parking Spaces: 18.0

Utilities

  • Heating: Boiler, Natural Gas
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater, Electric Range Connection, Refrigerator
  • Cooling: Wall Unit(s)
  • Laundry Features: Gas Dryer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Pets: No

Schools

  • Junior High Dist: Toledo

Lot Info

  • Lot Size Sq Ft: 5859.0
  • Parcel #: 20-45864

Rental Info

  • Lease Term: ["12 Months"]
  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 33807.0
  • Number Of Units Total: 12
  • Number Of Units Leased: 12
  • Annual Operating Expense: 22413.0
  • Total Actual Rent: 1130.0

MLS Schools

  • Elementary School: Other
  • HighSchool: Other

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2018 07/30/18 Sold $240,000 -4.0% $38 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $249,900 0.0% $39 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $249,900 -- $39 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Welch

    Seller's Agent in 2018

    Mike Welch

    RE/MAX

    (419) 720-5631

    1 in this area

    125 Total Sales

    Mike Welch
    Section Image

  • G

    Seller Co-Listing Agent in 2018

    Gregory Genzman

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2018

    Michael Welch

    Coldwell Banker Cavalear

See All Agents

Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6018209

Northwest Ohio Real Estate Information Service (NORIS)
Ohio Lucas County Toledo 43607 Scott Park

406 Burbank Dr, Toledo, OH

Not Listed for Sale

MultiFamily

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