NOT LISTED FOR SALE

525 Southover Rd Toledo, OH 43612

North Towne Neighborhood

Estimated Value: $70,000 - $135,000

3 Beds
1.5 Baths
1,356 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $55,000 $41 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $793/month

16 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Forced Air Heating System
  • No HOA
  • Living Room
  • Family Room

About This Home

As of November 2024

Take a look at this great investment opportunity selling live auction on September 24th at 4PM with a low minimum bid of only $30,000.This house had a fire in the attic and there is damage to the second story. With some TLC this home could be a great home with an excellent layout and location. You don't want to miss out on this great opportunity. Preview and registration begin at 3pm. A 10% buyers premium will be added to the final bid.

Last Agent to Sell the Property

Greg Zielinski

RE/MAX Preferred Associates License #2009002615 Listed on: 08/27/2024

RE/MAX Preferred Associates

Last Buyer's Agent

Matthew Watson

RE/MAX Preferred Associates License #2013002429

RE/MAX Preferred Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 4,700

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,356 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Larchmont Elementary School
  • Start High School

Utilities

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

Additional Features

  • Deck
  • 4,700 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Mayfair Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-40184

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1942
  • Lot Size Acres: 0.11
  • Lot Size: 4,700
  • Subdivision Name: Mayfair Place
  • Carport Y N: No
  • Garage Yn: Yes
  • RoomKey: 20250904173452389153000000
  • RoomKey: 20250904173452737445000000
  • Status Change Information: Status Change Timestamp: 2024-11-06
  • Special Features: Auction

Interior Features

  • Fireplace: No
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1356.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Toledo

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4700.0
  • Parcel #: 10-40184

MLS Schools

  • Elementary School: Larchmont
  • HighSchool: Start

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Oct 21, 2024
Sold by
Kouts Chloe E
Bought by
Las Realty Llc
Seller's Agent
Greg Zielinski
RE/MAX Preferred Associates
Buyer's Agent
Matthew Watson
RE/MAX Preferred Associates
List Price
$30,000
Sold Price
$55,000
Premium/Discount to List
$25,000
83.33%
Views
14
Current Estimated Value
$113,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,885
Avg. Annual Appreciation
96.20%
Original Mortgage
$104,400
Outstanding Balance
$103,118
Interest Rate
6.44%
Mortgage Type
Construction
Estimated Equity
$10,767

Purchase Details

Listed on
Feb 17, 2020
Closed on
Jun 1, 2020
Sold by
Gaertner James K and Gaertner Elizabeth L
Bought by
Kouts Chloe E
Seller's Agent
Michelle Nieman
The Danberry Co
Buyer's Agent
Tom Schetter
Loss Realty Group
List Price
$79,900
Sold Price
$81,900
Premium/Discount to List
$2,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.58%
Original Mortgage
$79,166
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2000
Sold by
Lawson Kevin W and Lawson Elizabeth A
Bought by
Gaertner James K and Gaertner Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,630
Interest Rate
8.03%

Purchase Details

Closed on
May 6, 1991
Sold by
Abbott Kathryn A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Las Realty Llc $55,000 Chicago Title
Las Realty Llc $55,000 Chicago Title
Kouts Chloe E $81,900 None Available
Gaertner James K $79,000 Northwest Title Agency Of Oh
-- $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Las Realty Llc $104,400
Closed Las Realty Llc $104,400
Previous Owner Kouts Chloe E $79,166
Previous Owner Gaertner James K $76,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2024 11/06/24 Sold $55,000 +83.3% $41 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $30,000 -63.4% $22 / Sq Ft
06/01/2020 06/01/20 Sold $81,900 +2.5% $60 / Sq Ft View Prior Sale
02/28/2020 02/28/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $79,900 -- $59 / 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 $2,322 $36,400 $5,425 $30,975
2023 $1,739 $27,125 $4,480 $22,645
2022 $1,738 $27,125 $4,480 $22,645
2021 $1,777 $27,125 $4,480 $22,645
2020 $1,686 $22,610 $3,745 $18,865
2019 $1,640 $22,610 $3,745 $18,865
2018 $1,656 $22,610 $3,745 $18,865
2017 $1,691 $22,155 $4,725 $17,430
2016 $1,686 $63,300 $13,500 $49,800
2015 $1,669 $63,300 $13,500 $49,800
2014 $1,394 $22,160 $4,730 $17,430
2013 $1,394 $22,160 $4,730 $17,430
Source: Public Records

Agents Affiliated with this Home

  • Greg Zielinski

    Seller's Agent in 2024

    Greg Zielinski

    RE/MAX

    (419) 270-7653

    2 in this area

    230 Total Sales

    Greg Zielinski
    Section Image
  • Matthew Watson

    Buyer's Agent in 2024

    Matthew Watson

    RE/MAX

    (419) 913-7570

    1 in this area

    342 Total Sales

    Matthew Watson
    Section Image
  • Michelle Nieman

    Seller's Agent in 2020

    Michelle Nieman

    The Danberry Co

    (419) 250-7300

    2 in this area

    211 Total Sales

    Michelle Nieman
    Section Image
  • Tom Schetter

    Buyer's Agent in 2020

    Tom Schetter

    Loss Realty Group

    (419) 902-0400

    1 in this area

    165 Total Sales

    Tom Schetter
    Section Image
See All Agents

Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6119796

Northwest Ohio Real Estate Information Service (NORIS)

APN: 10-40184

Ohio Lucas County Toledo 43612 North Towne

525 Southover Rd, Toledo, OH

Not Listed for Sale

Detached

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