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331 Somerset St; Toledo, OH Property Details

331 Somerset St, Toledo, OH is a Single Family that was built in 1912. This property is currently Financed and is not for sale. Our records show that 331 Somerset St has 3 bedrooms, and 1 bathroom, and a total of 1,154 square feet. The lot size of 331 Somerset St is 5,200 square feet.

Off market
331 Somerset St Toledo, OH 43609
$27,195 Estimated Value
3 Beds
1 Baths
1,154 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1912
  • Purchase Price: $54,500
  • Open Loans / Balance: 1 / $30,268
  • Est. Equity / %: $61,732 / 67.1%
  • Gross Yield: 9.835%
  • APN: 05-15484
  • Situs County: Lucas
  • Length Of Ownership: 27 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,154/SqFt
  • Lot: 5,200/SqFt
  • Gross: 1,792/SqFt
  • Garage: 540/SqFt
  • Living: 1,154/SqFt
  • Basement: 638/SqFt
  • Building: 1,792/SqFt
  • Ground: 644/SqFt
  • Price Per Square Foot: $47.23

Legal Description

  • Description: FEARING HEIGHTS LOT 91 N 10 FT & LOT 92
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: 41.633354 / -83.59276
  • Subdivision: Fearing Heights
  • Property Class: Residential
  • Zoning: 10-RD6
  • County Use Code: 510

Amenities

  • Plus Four: 1848
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

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

Taxes

331 Somerset St has 8 associated Taxes items

331 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 $27,195. The APN we've located for 331 Somerset St is 05-15484.

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Taxes
  • Assessed Value:  $27,195
  • Assessed Year:  2025
  • Assessed County:  Lucas
  • APN:  05-15484
  • Assessed Land Value:  5775
  • Market Land Value:  16500
  • Market Value:  77700
  • Market Year:  2025

Tax History

331 Somerset St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,195 Land Value $5,775 Improvement Value $21,420 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $27,195 Land Value $5,775 Improvement Value $21,420 Tax Amount $597.68 Change Rate -0.240916% Assessed CR Tax Rate +0.021978%
Year 2023 Assessed Value $19,075 Land Value $4,725 Improvement Value $14,350 Tax Amount $787.37 Change Rate -0.026171% Assessed CR Tax Rate +0.041278%
Year 2022 Assessed Value $19,075 Land Value $4,725 Improvement Value $14,350 Tax Amount $808.53 Change Rate +0.021774% Assessed CR Tax Rate +0.042387%
Year 2021 Assessed Value $19,075 Land Value $4,725 Improvement Value $14,350 Tax Amount $791.3 Change Rate +0.01994% Assessed CR Tax Rate +0.041484%
Year 2020 Assessed Value $17,220 Land Value $4,375 Improvement Value $12,845 Tax Amount $775.83 Change Rate -0.237881% Assessed CR Tax Rate +0.045054%
Year 2019 Assessed Value $17,220 Land Value $4,375 Improvement Value $12,845 Tax Amount $1,017.99 Change Rate -0.000354% Assessed CR Tax Rate +0.059117%
Year 2018 Assessed Value $17,220 Land Value $4,375 Improvement Value $12,845 Tax Amount $1,018.35 Change Rate -0.023671% Assessed CR Tax Rate +0.059138%
Year 2017 Assessed Value $16,590 Land Value $3,430 Improvement Value $13,160 Tax Amount $1,043.04 Change Rate -0.21976% Assessed CR Tax Rate +0.062872%
Year 2016 Assessed Value $47,400 Land Value $9,800 Improvement Value $37,600 Tax Amount $1,336.82 Change Rate +0.03437% Assessed CR Tax Rate +0.028203%
Year 2015 Assessed Value $47,400 Land Value $9,800 Improvement Value $37,600 Tax Amount $1,292.4 Change Rate +0.238785% Assessed CR Tax Rate +0.027266%
Year 2014 Assessed Value $16,590 Land Value $3,430 Improvement Value $13,160 Tax Amount $1,043.28 Change Rate Assessed CR Tax Rate +0.062886%
Year 2013 Assessed Value $16,590 Land Value $3,430 Improvement Value $13,160 Tax Amount $1,043.28 Change Rate Assessed CR Tax Rate +0.062886%