NOT LISTED FOR SALE

292 Hane Ave Marion, OH 43302

Estimated Value: $105,000 - $136,000

4 Beds
1 Bath
1,800 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $110,000 $61 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $741/month

17 Days on Market

About This Home

As of May 2024

2 Unit duplex on east side of Marion has full occupancy on month to month rental terms.
The upper unit rents for $875 per month with a walk-up finished attic. The lower level unit rents for $750 per month and the tenant has been there for 5 years and would like to stay. Both units have some updates within the prior 17 years by the current owners. The desired location offers off street parking in front and rear.

Last Agent to Sell the Property

Lu Chivington

Marion Realty Plus, LLC License #0000234037 Listed on: 03/04/2024

Last Buyer's Agent

Ethel Figueroa

Mi Casa Legacy LLC License #2003000765

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1918

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 1,800 Sq Ft Home
  • Duplex

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 12-4160007.400

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $7,346
  • Gross Income $19,500
  • Net Operating Income $12,154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,251

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1918
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 19500.0
  • Co List Office Phone: 740-389-7034
  • MLS Status: Closed
  • Income Expenses Gross Income: 19500.0
  • Annual Expenses: 7346.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1800.0
  • 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

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-4160007.400
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels: No
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 12154.0
  • Annual Operating Expense: 7346.0

Tax Info

  • Tax Annual Amount: 1251.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 31, 2024
Sold by
Silverhammer Investment Club Llc
Bought by
Morel Eduardo J Varona
Seller's Agent
Lu Chivington
Marion Realty Plus, LLC
Buyer's Agent
Ethel Figueroa
Mi Casa Legacy LLC
List Price
$118,500
Sold Price
$110,000
Premium/Discount to List
-$8,500
-7.17%
Views
88
Current Estimated Value
$119,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,435
Avg. Annual Appreciation
4.15%
Original Mortgage
$104,500
Outstanding Balance
$103,384
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$12,493

Purchase Details

Closed on
Oct 26, 2007
Sold by
D & R Investments Ltd
Bought by
Silverhammer Investment Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 24, 2003
Bought by
Silverhammer Investment Club Llc

Purchase Details

Closed on
Jun 25, 2003
Bought by
Silverhammer Investment Club Llc

Purchase Details

Closed on
Sep 30, 1998
Bought by
Silverhammer Investment Club Llc
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
Morel Eduardo J Varona $110,000 None Listed On Document
Silverhammer Investment Club Llc $75,000 None Available
Silverhammer Investment Club Llc $412,400 --
Silverhammer Investment Club Llc -- --
Silverhammer Investment Club Llc $55,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morel Eduardo J Varona $104,500
Previous Owner Silverhammer Investments Club Llc $60,000
Previous Owner Silverhammer Investment Club Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $110,000 -7.2% $61 / Sq Ft
03/04/2024 03/04/24 For Sale $118,500 -- $66 / 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 $1,252 $32,620 $4,030 $28,590
2023 $1,252 $32,620 $4,030 $28,590
2022 $1,162 $32,620 $4,030 $28,590
2021 $1,029 $26,010 $3,500 $22,510
2020 $1,032 $26,010 $3,500 $22,510
2019 $1,031 $26,010 $3,500 $22,510
2018 $1,019 $25,710 $3,510 $22,200
2017 $1,032 $25,710 $3,510 $22,200
2016 $1,027 $25,710 $3,510 $22,200
2015 $1,025 $25,110 $3,340 $21,770
2014 $1,026 $25,110 $3,340 $21,770
2012 $941 $22,880 $4,270 $18,610
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lu Chivington

    Marion Realty Plus, LLC

    (740) 389-7034

    13 in this area

    16 Total Sales

    Lu Chivington
    Section Image
  • Ethel Figueroa

    Buyer's Agent in 2024

    Ethel Figueroa

    Mi Casa Legacy LLC

    (614) 881-4342

    3 in this area

    115 Total Sales

    Ethel Figueroa
    Section Image

  • E

    Buyer's Agent in 2024

    Ethel Lia Figueroa

    RE/MAX

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224006198

Columbus and Central Ohio Regional MLS

APN: 12-4160007.400

Ohio Marion County Marion 43302

292 Hane Ave, Marion, OH

This home is located at 292 Hane Ave, Marion, OH 43302 since 04 March 2024 and is currently estimated at $119,435, approximately $66 per square foot. This property was built in 1918. 292 Hane Ave is a home located in Marion County with nearby schools including George Washington Elementary School, Ulysses S. Grant Middle School, and Harding High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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