Sold for $59,500

$59,500

3840 Homewood Ave, Toledo, OH 43612

3beds

2baths

1,482sqft

Multi Family

Built in 1920

-- sqft lot

$121,000 Zestimate^®

$40/sqft

$1,030 Estimated rent

Home value

$121,000

$102,000 - $140,000

$1,030/mo

Zestimate^® history

Owner options

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$1,030/mo

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$1,030/mo

Rent Zestimate^®

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$335/mo

Est. payment

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$335/mo

Est. payment

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What's special

This Duplex is a great invesetment opprtunity. The top unit is close to rent ready. Finish the bottom unit and keep it as a duplex or convert into a 4 bed 2 bathroom single family home. Comps for two bedroom rentals are $900-950/month. Comps for 4 bedroom two bathroom are $1495.00-$1600.00. Max LMHA payment standard for a four bedroom is currently $1643.00. It has the potential to be a great investment for a long term hold or a fix and flip. This property is being sold as is.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Water Heater

Features

Basement: Full

Interior area

Total structure area: 1,482
Total interior livable area: 1,482 sqft

Property

Parking

Total spaces: 3
Parking features: Concrete, Other, Driveway
Has uncovered spaces: Yes

Lot

Size: 4,791 Square Feet
Dimensions: 4,800

Details

Parcel number: 0737047

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding, Brick, Steel Siding
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Sewer: Sanitary Sewer
Water: Public

Community & HOA

Location

Region: Toledo

Financial & listing details

Price per square foot: $40/sqft
Tax assessed value: $79,400
Annual tax amount: $1,729
Date on market: 3/13/2024
Listing terms: Cash,Conventional
Total actual rent: 0
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
4/12/2024	Sold	$59,500-8.5%$40/sqft
Source: NORIS #6112836 Report a problem
4/1/2024	Pending sale	$65,000$44/sqft
Source: NORIS #6112836 Report a problem
3/13/2024	Listed for sale	$65,000+29.7%$44/sqft
Source: NORIS #6112836 Report a problem
2/1/2024	Sold	$50,100-33.2%$34/sqft
Source: Public Record Report a problem
10/5/2005	Sold	$75,000$51/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,729 +0.3%	$27,790
2024	$1,723 +12%	$27,790 +17.6%
2023	$1,538 -0.3%	$23,625
2022	$1,543 -2.5%	$23,625
2021	$1,583 -7.2%	$23,625 +4.2%
2020	$1,705 +105.3%	$22,680
2019	$831 -50.2%	$22,680
2018	$1,667 -2.6%	$22,680 +2.4%
2017	$1,711 +0.3%	$22,155 -65%
2016	$1,706 +1%	$63,300
2015	$1,690 +18%	$63,300 +185.6%
2014	$1,432	$22,160
2013	$1,432 +4.1%	$22,160
2012	$1,375 +10%	$22,160 +3.1%
2011	$1,251 +0.2%	$21,490
2010	$1,249 -1.7%	$21,490
2009	$1,271 -3.7%	$21,490 -12.9%
2008	$1,319 +6.2%	$24,680
2007	$1,242 +2.5%	$24,680
2006	$1,213 -1.6%	$24,680 -1.4%
2004	$1,233 -0.3%	$25,030
2003	$1,236 -2.2%	$25,030 +14%
2002	$1,265 +16.1%	$21,950
2001	$1,090 -43.4%	$21,950
2000	$1,925	$21,950