11 days on rocket

Backup Offers

505 Palmwood Ave, Toledo, OH, 43604

$72,000

Home List Price

$855*

Closing Credit

4 Bedrooms
2 Full Baths
1,550 SqFt
$46/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

505 Palmwood Ave, Toledo$72,000

Buyer Closing Credits

$855*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAlley Access, Detached, Garage, Off Street
Year Built1980
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplaceOther
MLS #6123109
Lot Size0.27 Acres
StatusAccepting Backup Offers
(Contingent)

About 505 Palmwood Ave

Investment Opportunity! This 4-bedroom, 2-full-bath home is located close to downtown with convenient access to I-475. Features include a spacious living room, an eat-in kitchen, and appliances (including a washer and dryer). Situated on a large, fenced corner lot with a deck and a retractable awning. The property includes a one-car garage, a shed, and additional off-street parking in front. Excellent potential for rental income or a new owner willing to add some TLC! Property is being sold As-is.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Two Story
  • Year Built: 1980
  • Stories: 2
  • Living Area: 1,550 SqFt

Listing Office:

  • Office Name: The Danberry Co
  • Office Phone: (419) 308-9989

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Alley Access, Detached, Garage, Off Street

Virtual/3D Tour

  • Virtual Tour: 505 Palmwood Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Collingwood Blvd to Palmwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $72,000
  • Price Per SqFt: $46/SqFt

Tax Information:

  • Annual Amount: $1,536
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Toledo, OH.

Map thumbnail provided by MapBox

Toledo, OH

City

Med. Sold Price

$130K

Med. Price/SqFt

$103

Avg. Days On Market

54

# of Sold Homes

268

505 Palmwood Ave vs Toledo

11 DAYS ON ROCKET

-43 Days

$72,000

-$58K Less

$46/SqFt

-$58 Less

KEY TAKEAWAY

This property is $58K less than the Median Sold Price and $58/SqFt less than other homes in Toledo, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORIS
  • MLS Number: #6123109

Listing Office:

  • Office Name: The Danberry Co
  • Office Phone: (419) 308-9989

IDX Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.

Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,536$14,140
2019$1,533$14,140
2018$1,499$14,140
2017$1,666$15,050

History based on county public records data.

Payment Calculator

$427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$282

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1006814
4
/10

  • Ella P. Stewart Academy for Girls

  • 707 Avondale Ave

  • 0.45 miles

  • Public District Grades PK-6

school-card-donut-1006815
3
/10

  • Madison Avenue School of Arts

  • 1511 Madison Ave

  • 0.54 miles

  • Public Charter Grades KG-6

school-card-donut-1006816
5
/10

  • Martin Luther King Academy for Boys Elementary School

  • 1300 Forest Ave

  • 0.72 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,222. Typical income of Toledo, OH residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Palmwood Ave

What is the listing price of this property?

The listing price of 505 Palmwood Ave property is $72,000.

What type of property is this?

The property 505 Palmwood Ave is a house located in Toledo, Ohio, 43604.

Is this property for sale now?

Accepting Backup Offers: 505 Palmwood Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,536 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 Palmwood Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Palmwood Ave is 1,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Palmwood Ave is 1980.

Rocket Homes›Ohio›Lucas County›Toledo›43604›505 Palmwood Ave

This home is located at 505 Palmwood Ave in Toledo, OH and zip code 43604 in the Roosevelt neighborhood. This 1,550 square foot home, which was built in 1980, sits on a 0.27 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $72,000.

In October 2024 more than 123 listings in Toledo, OH were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 115 were sold below. The number of listings in Toledo, OH increased by 1.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 54 days, the median list price was $130,019.

From Rocket Homes Real Estate and based on county public records data.

More Resources