NOT LISTED FOR SALE

340 S State St Marion, OH 43302

Estimated Value: $140,000 - $171,220

4 Beds
1 Bath
2,906 Sq Ft
$52/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $104,900 $36 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $948/month

2 Days on Market

About This Home

As of September 2021

Large investment property located in the southeast area of Marion, with 2 units. First floor unit has 1538 sq ft and the 2nd floor unit has 1368 sq ft. Both units have large living rooms, dining rooms, kitchen, 2 bedrooms a sunroom and 1 bath. the electric was redone in 2004 and the windows and entry doors were replaced in 2005. The hot water tanks are 2 yrs and 6 months old. Long-term tenants are currently on a month to month rental. Very nice hardwood floors in the upper unit. Separate utilities and tenants pay all.

Last Agent to Sell the Property

Sharon Gillette

Generations Realty License #439213 Listed on: 07/10/2021

Last Buyer's Agent

Drew Cheezum

Reafco License #2021000480

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,390

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,906 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12-4050001.300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,390

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Co List Office Phone: 740-389-5500
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2906.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: 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:Frame: Yes

Garage/Parking

  • Parking Features On Street2: 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: 12-4050001.300
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1390.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Brewer Family Trust and Brewer Matthew Wayne
Bought by
Brewer Matthew Wayne and Brewer Dana Lynn
Current Estimated Value
$152,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Outstanding Balance
$99,708
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$52,347

Purchase Details

Closed on
Mar 26, 2023
Sold by
Brewer Matthew Wayne
Bought by
Brewer Family Trust

Purchase Details

Listed on
Jul 10, 2021
Closed on
Sep 9, 2021
Sold by
Brammer Vance E
Bought by
Brewer Matthew
Seller's Agent
Sharon Gillette
Generations Realty
Buyer's Agent
Drew Cheezum
Reafco
List Price
$104,900
Sold Price
$104,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$78,675
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Brammer Shannon R
Bought by
Brammer Vance E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 4, 2004
Bought by
Brammer Vance E
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
Brewer Matthew Wayne -- None Listed On Document
Brewer Matthew Wayne -- None Listed On Document
Brewer Family Trust -- None Listed On Document
Brewer Matthew $104,900 None Available
Brammer Vance E -- Chicago Title
Brammer Vance E $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brewer Matthew Wayne $100,500
Closed Brewer Matthew Wayne $100,500
Previous Owner Brewer Matthew $78,675
Previous Owner Brammer Vance E $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $104,900 0.0% $36 / Sq Ft
07/10/2021 07/10/21 For Sale $104,900 0.0% $36 / Sq Ft
07/08/2021 07/08/21 Off Market $104,900 -- --
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 $1,694 $44,170 $4,270 $39,900
2023 $1,694 $44,170 $4,270 $39,900
2022 $1,573 $44,170 $4,270 $39,900
2021 $1,389 $35,130 $3,710 $31,420
2020 $1,437 $35,130 $3,710 $31,420
2019 $1,718 $35,130 $3,710 $31,420
2018 $1,260 $31,800 $3,710 $28,090
2017 $1,361 $31,800 $3,710 $28,090
2016 $1,270 $31,800 $3,710 $28,090
2015 $1,269 $31,090 $3,540 $27,550
2014 $1,270 $31,090 $3,540 $27,550
2012 $1,105 $26,860 $3,570 $23,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221025131

Columbus and Central Ohio Regional MLS

APN: 12-4050001.300