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314 Somerset St; Toledo, OH Property Details

314 Somerset St, Toledo, OH is a Single Family that was built in 1907. This property is currently Financed and is not for sale. Our records show that 314 Somerset St has 3 bedrooms, and 2 bathrooms, and a total of 1,688 square feet. The lot size of 314 Somerset St is 6,500 square feet.

Off market
314 Somerset St Toledo, OH 43609
$56,000 Listing Price
3 Beds
2 Baths
1,688 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1907
  • Purchase Price: $56,000
  • Open Loans / Balance: 2 / $78,308
  • Est. Equity / %: $16,692 / 17.57%
  • Gross Yield: 15.385%
  • APN: 05-15614
  • Situs County: Lucas
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Metal
  • Stories: 1.5
  • Exterior Wall Type: Metal
  • Building Condition: Average
  • Building Quality: D
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,688/SqFt
  • Lot: 6,500/SqFt
  • Gross: 2,637/SqFt
  • Garage: 484/SqFt
  • Living: 1,688/SqFt
  • Basement: 949/SqFt
  • Building: 2,637/SqFt
  • Ground: 958/SqFt
  • Price Per Square Foot: $33.18

Legal Description

  • Description: FEARING HEIGHTS EXTN LOT 131 & N 20 FT LOT 132
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Toledo City School District
  • Lat / Lon: 41.63391 / -83.59346
  • Subdivision: Fearing Heights Extn
  • Property Class: Residential
  • Zoning: 10-RD6
  • County Use Code: 510

Amenities

  • Plus Four: 1849
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

314 Somerset St has no associated ownership info
314 Somerset St has no associated ownership info.

Taxes

314 Somerset St has 8 associated Taxes items

314 Somerset St, Toledo, OH pays taxes in Lucas County, OH. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $29,890. The APN we've located for 314 Somerset St is 05-15614.

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Taxes
  • Assessed Value:  $29,890
  • Assessed Year:  2025
  • Assessed County:  Lucas
  • APN:  05-15614
  • Assessed Land Value:  5880
  • Market Land Value:  16800
  • Market Value:  85400
  • Market Year:  2025

Tax History

314 Somerset St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,890 Land Value $5,880 Improvement Value $24,010 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $29,890 Land Value $5,880 Improvement Value $24,010 Tax Amount $990.09 Change Rate -0.365648% Assessed CR Tax Rate +0.033124%
Year 2023 Assessed Value $21,770 Land Value $5,180 Improvement Value $16,590 Tax Amount $1,560.79 Change Rate +0.005534% Assessed CR Tax Rate +0.071695%
Year 2022 Assessed Value $21,770 Land Value $5,180 Improvement Value $16,590 Tax Amount $1,552.2 Change Rate +0.002953% Assessed CR Tax Rate +0.0713%
Year 2021 Assessed Value $21,770 Land Value $5,180 Improvement Value $16,590 Tax Amount $1,547.63 Change Rate -0.054692% Assessed CR Tax Rate +0.07109%
Year 2020 Assessed Value $19,635 Land Value $4,760 Improvement Value $14,875 Tax Amount $1,637.17 Change Rate +0.093108% Assessed CR Tax Rate +0.08338%
Year 2019 Assessed Value $19,635 Land Value $4,760 Improvement Value $14,875 Tax Amount $1,497.72 Change Rate +0.001324% Assessed CR Tax Rate +0.076278%
Year 2018 Assessed Value $19,635 Land Value $4,760 Improvement Value $14,875 Tax Amount $1,495.74 Change Rate +0.010512% Assessed CR Tax Rate +0.076177%
Year 2017 Assessed Value $17,045 Land Value $3,955 Improvement Value $13,090 Tax Amount $1,480.18 Change Rate +0.011764% Assessed CR Tax Rate +0.08684%
Year 2016 Assessed Value $48,700 Land Value $11,300 Improvement Value $37,400 Tax Amount $1,462.97 Change Rate +0.03767% Assessed CR Tax Rate +0.03004%
Year 2015 Assessed Value $48,700 Land Value $11,300 Improvement Value $37,400 Tax Amount $1,409.86 Change Rate +0.279411% Assessed CR Tax Rate +0.02895%
Year 2014 Assessed Value $17,050 Land Value $3,960 Improvement Value $13,090 Tax Amount $1,101.96 Change Rate Assessed CR Tax Rate +0.064631%
Year 2013 Assessed Value $17,050 Land Value $3,960 Improvement Value $13,090 Tax Amount $1,101.96 Change Rate Assessed CR Tax Rate +0.064631%