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4987 Merry Ln; Toledo, OH Property Details

4987 Merry Ln, Toledo, OH is a Single Family that was built in 1999. This property is not for sale. Our records show that 4987 Merry Ln has 4 bedrooms, and 2.5 bathrooms, and a total of 2,600 square feet. The lot size of 4987 Merry Ln is 23,400 square feet.

Off market
4987 Merry Ln Toledo, OH 43615
$78,540 Estimated Value
4 Beds
2.5 Baths
2,600 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1999
  • Purchase Price: $24,500
  • Open Loans / Balance: 2 / $194,420
  • Est. Equity / %: $24,580 / 11.22%
  • Gross Yield: 18.351%
  • APN: 07-71511
  • Situs County: Lucas
  • Length Of Ownership: 27 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,600/SqFt
  • Lot: 23,400/SqFt
  • Gross: 4,404/SqFt
  • Garage: 484/SqFt
  • Living: 2,600/SqFt
  • Basement: 1,320/SqFt
  • Building: 4,404/SqFt
  • Ground: 1,364/SqFt
  • Price Per Square Foot: $9.42

Legal Description

  • Description: HELDMAN TERRACE LOTS 4 & 5 & 6
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: 41.63494 / -83.65842
  • Subdivision: Heldman Terrace
  • Property Class: Residential
  • Zoning: 10-RS6
  • County Use Code: 510

Amenities

  • Plus Four: 6050
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

4987 Merry Ln has no associated ownership info
4987 Merry Ln has no associated ownership info.

Taxes

4987 Merry Ln has 8 associated Taxes items

4987 Merry Ln, 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 $78,540. The APN we've located for 4987 Merry Ln is 07-71511.

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Taxes
  • Assessed Value:  $78,540
  • Assessed Year:  2025
  • Assessed County:  Lucas
  • APN:  07-71511
  • Assessed Land Value:  9380
  • Market Land Value:  26800
  • Market Value:  224400
  • Market Year:  2025

Tax History

4987 Merry Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,540 Land Value $9,380 Improvement Value $69,160 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $78,540 Land Value $9,380 Improvement Value $69,160 Tax Amount $2,569.22 Change Rate -0.400552% Assessed CR Tax Rate +0.032712%
Year 2023 Assessed Value $61,635 Land Value $7,630 Improvement Value $54,005 Tax Amount $4,285.98 Change Rate +0.006614% Assessed CR Tax Rate +0.069538%
Year 2022 Assessed Value $61,635 Land Value $7,630 Improvement Value $54,005 Tax Amount $4,257.82 Change Rate -0.016574% Assessed CR Tax Rate +0.069081%
Year 2021 Assessed Value $61,635 Land Value $7,630 Improvement Value $54,005 Tax Amount $4,329.58 Change Rate +0.032788% Assessed CR Tax Rate +0.070245%
Year 2020 Assessed Value $51,765 Land Value $6,545 Improvement Value $45,220 Tax Amount $4,192.13 Change Rate +0.058736% Assessed CR Tax Rate +0.080984%
Year 2019 Assessed Value $51,765 Land Value $6,545 Improvement Value $45,220 Tax Amount $3,959.56 Change Rate +0.000134% Assessed CR Tax Rate +0.076491%
Year 2018 Assessed Value $51,765 Land Value $6,545 Improvement Value $45,220 Tax Amount $3,959.03 Change Rate +0.028891% Assessed CR Tax Rate +0.076481%
Year 2017 Assessed Value $45,850 Land Value $9,590 Improvement Value $36,260 Tax Amount $3,847.86 Change Rate -0.003465% Assessed CR Tax Rate +0.083923%
Year 2016 Assessed Value $131,000 Land Value $27,400 Improvement Value $103,600 Tax Amount $3,861.24 Change Rate +0.007128% Assessed CR Tax Rate +0.029475%
Year 2015 Assessed Value $131,000 Land Value $27,400 Improvement Value $103,600 Tax Amount $3,833.91 Change Rate -0.074456% Assessed CR Tax Rate +0.029266%
Year 2014 Assessed Value $45,850 Land Value $9,590 Improvement Value $36,260 Tax Amount $4,142.33 Change Rate +0.436633% Assessed CR Tax Rate +0.090345%
Year 2013 Assessed Value $45,850 Land Value $9,590 Improvement Value $36,260 Tax Amount $2,883.36 Change Rate Assessed CR Tax Rate +0.062887%