NOT LISTED FOR SALE

1227 S Prospect St Unit 1229 Marion, OH 43302

Estimated Value: $68,000 - $153,537

2 Beds
1 Bath
1,504 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $78,000 $52 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $648/month

51 Days on Market

About This Home

As of June 2019

Great duplex that is in very good condition. Owner rented out one side and had their business in the other side. Lots of possibilities with this property. Both sides can have access to the basement for storage. There is a 2 car garage out back, fenced in yard area and nice deck front and back for the larger unit. Easy to see so don't delay great location for your new venture
Rents are what owner has gotten in the past, vacant now for easier showings.!

Last Agent to Sell the Property

Julie Kessler

Generations Realty License #416912 Listed on: 03/13/2019

Last Buyer's Agent

Lora Rossman

Real Estate Showcase, RES License #2013002801

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 1949

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 1,504 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 12-3380205.100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$943

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1949
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.19
  • Co List Office Phone: 614-885-0156
  • MLS Status: Closed
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1504.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-3380205.100
  • Lot Size Sq Ft: 8276.4

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 943.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Jun 13, 2019
Sold by
Reinhart Louis and Reinhart Brenda R
Bought by
Gamble Scott E
Seller's Agent
Julie Kessler
Generations Realty
Buyer's Agent
Lora Rossman
Real Estate Showcase, RES
List Price
$89,900
Sold Price
$78,000
Premium/Discount to List
-$11,900
-13.24%
Current Estimated Value
$103,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,125
Avg. Annual Appreciation
5.06%
Original Mortgage
$76,587
Outstanding Balance
$69,104
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$37,530

Purchase Details

Closed on
Apr 22, 2004
Bought by
Reinhart Louis and Surv Brenda R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gamble Scott E $78,000 None Available
Reinhart Louis $43,000 --
Reinhart Louis $36,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamble Scott E $76,587
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $78,000 -13.2% $52 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $89,900 -- $60 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,270 $33,870 $3,260 $30,610
2023 $1,270 $33,870 $3,260 $30,610
2022 $1,177 $33,870 $3,260 $30,610
2021 $1,103 $28,590 $2,840 $25,750
2020 $1,104 $28,590 $2,840 $25,750
2019 $1,133 $28,590 $2,840 $25,750
2018 $943 $23,780 $2,840 $20,940
2017 $955 $23,780 $2,840 $20,940
2016 $949 $23,780 $2,840 $20,940
2015 $942 $23,090 $2,540 $20,550
2014 $944 $23,090 $2,540 $20,550
2012 $1,035 $25,160 $2,360 $22,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219007230

Columbus and Central Ohio Regional MLS

APN: 12-3380205.100