NOT LISTED FOR SALE

337 S Prospect St Marion, OH 43302

Estimated Value: $99,000 - $119,704

4 Beds
1 Bath
2,392 Sq Ft
$46/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $75,000 $31 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $708/month

8 Days on Market

About This Home

As of December 2021

Perfect investment property! This duplex offers two units that have 2 bedrooms in each unit. The furnaces and hot water heaters were replaced in 2020 in both units and the upstairs unit was rewired in 2019. Call to schedule your showing today!!

Last Agent to Sell the Property

Frances Rieke

Real Estate Showcase, RES Listed on: 12/04/2021

Co-Listed By

Erica Logan

Real Estate Showcase, RES License #2015005901

Last Buyer's Agent

Thomas Bell

Errington Realty LLC. License #2014002668

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 2,392 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 12-3040203.600

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Insurance Expense $544
  • Operating Expense $1,614
  • Gross Income $13,500
  • Net Operating Income $11,886

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1912
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 13500.0
  • Co List Office Mls Id: 01361
  • Co List Office Phone: 740-389-2000
  • Co List Office Phone: 740-389-2000
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 13500.0
  • Annual Expenses: 1613.74
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2392.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Air Conditioning None3: Yes
  • Miscellaneous Garages: 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

  • Total Parking Spaces: 2.0
  • Parking Features Shared Driveway2: Yes
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • 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: 12-3040203.600
  • Lot Size Sq Ft: 5662.8
  • Zoning Description: RES

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 544.0
  • Net Operating Income: 11886.26
  • Annual Operating Expense: 1613.74

Tax Info

  • Tax Annual Amount: 1910.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Dec 22, 2021
Sold by
Belcher Andrew J
Bought by
Jbk Home Investors Llc
Seller's Agent
Frances Rieke
Real Estate Showcase, RES
Buyer's Agent
Thomas Bell
Errington Realty LLC.
List Price
$84,500
Sold Price
$75,000
Premium/Discount to List
-$9,500
-11.24%
Current Estimated Value
$105,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,897
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Jan 22, 2019
Sold by
Belcher Andrew J
Bought by
Andrew J Belcher Properties Llc

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 15, 2018
Sold by
Thacker Preston D and Thacker Emily K
Bought by
Belcher Andrew J and Belcher Michael
Seller's Agent
Drew Laughlin
RealtyOhio Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$67,900
Sold Price
$62,000
Premium/Discount to List
-$5,900
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Jan 21, 2010
Sold by
Homesales Inc
Bought by
Thacker Preston G and Thacker Emily K

Purchase Details

Closed on
Sep 22, 2009
Sold by
Earhart Bonnie L and Mayse Bonnie L
Bought by
Homesales Inc

Purchase Details

Closed on
Jul 26, 1996
Bought by
Thacker Preston G and Thacker Emily K
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
Jbk Home Investors Llc $75,000 None Available
Andrew J Belcher Properties Llc -- None Available
Belcher Andrew J -- None Available
Belcher Andrew J $62,000 None Available
Thacker Preston G $9,900 Sovereign Title Agy Llc
Homesales Inc $20,000 None Available
Thacker Preston G $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jbk Home Investors Llc $73,389
Previous Owner Thacker Emily K $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $75,000 -11.2% $31 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $84,500 +36.3% $35 / Sq Ft
10/15/2018 10/15/18 Sold $62,000 0.0% $26 / Sq Ft
10/15/2018 10/15/18 Sold $62,000 -8.7% $26 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $67,900 +9.5% $28 / Sq Ft
04/24/2018 04/24/18 Off Market $62,000 -- --
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 $1,532 $30,620 $4,590 $26,030
2023 $1,532 $30,620 $4,590 $26,030
2022 $1,657 $30,620 $4,590 $26,030
2021 $2,516 $27,020 $3,990 $23,030
2020 $1,910 $27,020 $3,990 $23,030
2019 $2,259 $27,020 $3,990 $23,030
2018 $1,779 $32,390 $4,190 $28,200
2017 $1,780 $32,390 $4,190 $28,200
2016 $1,293 $32,390 $4,190 $28,200
2015 $988 $24,200 $3,990 $20,210
2014 $989 $24,200 $3,990 $20,210
2012 $1,118 $27,170 $2,310 $24,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221046788

Columbus and Central Ohio Regional MLS

APN: 12-3040203.600