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507 Independence Rd; Toledo, OH Property Details

507 Independence Rd, Toledo, OH is a Single Family that was built in 1951. This property is currently Financed,Bank Sale and is not for sale. Our records show that 507 Independence Rd has 2 bedrooms, and 1 bathroom, and a total of 1,384 square feet. The lot size of 507 Independence Rd is 13,300 square feet.

Off market
507 Independence Rd Toledo, OH 43607
$132,000 Listing Price
2 Beds
1 Baths
1,384 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $132,000
  • Open Loans / Balance: 1 / $121,715
  • Est. Equity / %: $38,285 / 23.93%
  • Gross Yield: 9.263%
  • APN: 20-50164
  • Situs County: Lucas
  • Length Of Ownership: 3 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Metal
  • Building Condition: Excellent
  • Building Quality: D
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,384/SqFt
  • Lot: 13,300/SqFt
  • Gross: 3,274/SqFt
  • Garage: 506/SqFt
  • Living: 1,384/SqFt
  • Basement: 1,384/SqFt
  • Building: 3,274/SqFt
  • Ground: 1,384/SqFt
  • Price Per Square Foot: $95.38

Legal Description

  • Description: MOUNT VERNON LOT 54 S 16 FT & LOTS 55 &56
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: 41.64404 / -83.63603
  • Subdivision: Mount Vernon
  • Property Class: Residential
  • Zoning: 10-RS6
  • County Use Code: 510

Amenities

  • Plus Four: 2651
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $1,100
  • H O A Amount: $1,100
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

507 Independence Rd has no associated ownership info
507 Independence Rd has no associated ownership info.

Taxes

507 Independence Rd has 8 associated Taxes items

507 Independence Rd, 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 $48,370. The APN we've located for 507 Independence Rd is 20-50164.

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Taxes
  • Assessed Value:  $48,370
  • Assessed Year:  2025
  • Assessed County:  Lucas
  • APN:  20-50164
  • Assessed Land Value:  15120
  • Market Land Value:  43200
  • Market Value:  138200
  • Market Year:  2025

Tax History

507 Independence Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $48,370 Land Value $15,120 Improvement Value $33,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $48,370 Land Value $15,120 Improvement Value $33,250 Tax Amount $1,563.42 Change Rate -0.27401% Assessed CR Tax Rate +0.032322%
Year 2023 Assessed Value $30,240 Land Value $9,695 Improvement Value $20,545 Tax Amount $2,153.5 Change Rate +0.339116% Assessed CR Tax Rate +0.071214%
Year 2022 Assessed Value $30,240 Land Value $9,695 Improvement Value $20,545 Tax Amount $1,608.15 Change Rate -0.035546% Assessed CR Tax Rate +0.05318%
Year 2021 Assessed Value $30,240 Land Value $9,695 Improvement Value $20,545 Tax Amount $1,667.42 Change Rate +0.083514% Assessed CR Tax Rate +0.05514%
Year 2020 Assessed Value $25,165 Land Value $8,085 Improvement Value $17,080 Tax Amount $1,538.9 Change Rate +0.028965% Assessed CR Tax Rate +0.061152%
Year 2019 Assessed Value $25,165 Land Value $8,085 Improvement Value $17,080 Tax Amount $1,495.58 Change Rate -0.004539% Assessed CR Tax Rate +0.059431%
Year 2018 Assessed Value $25,165 Land Value $8,085 Improvement Value $17,080 Tax Amount $1,502.4 Change Rate +5.607732% Assessed CR Tax Rate +0.059702%
Year 2017 Assessed Value $24,605 Land Value $7,910 Improvement Value $16,695 Tax Amount $227.37 Change Rate -0.846591% Assessed CR Tax Rate +0.009241%
Year 2016 Assessed Value $70,300 Land Value $22,600 Improvement Value $47,700 Tax Amount $1,482.12 Change Rate -0.02741% Assessed CR Tax Rate +0.021083%
Year 2015 Assessed Value $70,300 Land Value $22,600 Improvement Value $47,700 Tax Amount $1,523.89 Change Rate +0.527893% Assessed CR Tax Rate +0.021677%
Year 2014 Assessed Value $24,610 Land Value $7,910 Improvement Value $16,700 Tax Amount $997.38 Change Rate Assessed CR Tax Rate +0.040527%
Year 2013 Assessed Value $24,610 Land Value $7,910 Improvement Value $16,700 Tax Amount $997.38 Change Rate Assessed CR Tax Rate +0.040527%