NOT LISTED FOR SALE

364 S Prospect St Marion, OH 43302

Estimated Value: $139,000 - $197,986

6 Beds
2 Baths
2,978 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $140,000 $47 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,235/month

204 Days on Market

About This Home

As of September 2022

INVESTOR OPPORTUNITY. Amazing buy & hold. Fully UPDATED and RENOVATED TRIPLEX. Two separate buildings, first building has first floor and second floor units. Second building is a single family residence cottage. There is a 2 car detached garage that can be paired with any unit or rented separately for additional income. 1st floor and 2nd floor units are 2 bed, 1 full bath. Cottage is 2 bed, 1 full bath. FULLY RENTED. Being offered for sale on own or as part of a portfolio (See A2A)

Last Agent to Sell the Property

Krista Seebon

RZ Realty License #2017000970 Listed on: 01/14/2022

Last Buyer's Agent

Angela Tanner-Miller

Coldwell Banker Realty License #2012002533

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1915

Lot Details

  • 10,454

Parking

  • Detached Garage

Home Design

  • 2,978 Sq Ft Home

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 10,454 Sq Ft Lot
  • Basement

Community Details

  • 3 Units
  • Gross Income $1,850

Listing and Financial Details

  • Assessor Parcel Number 12-3040206.800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,193

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2020
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.24
  • Total Gross Income: 1850.0
  • Co List Office Phone: 614-486-7070
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 1850.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2978.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-3040206.800
  • Lot Size Sq Ft: 10454.4

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1193.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Robinson Michael E and Robinson Michael
Bought by
370 Prospect Ave Marion Ohio Llc
Current Estimated Value
$178,347

Purchase Details

Listed on
Jul 3, 2018
Closed on
Oct 2, 2018
Sold by
National Mortgage Llc
Bought by
Robinson Michael
Seller's Agent
Josiah Mahon
Generations Realty
Buyer's Agent
Josiah Mahon
Generations Realty
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.03%

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 17, 2018
Sold by
Moore Freida M
Bought by
Nationstar Mortgage Llc and Champion Mortgage Of Ohio
Seller's Agent
Josiah Mahon
Generations Realty
Buyer's Agent
Josiah Mahon
Generations Realty
Sold Price
$40,000
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
370 Prospect Ave Marion Ohio Llc $214,000 None Available
Robinson Michael $40,000 Prism Title & Closing Svcs L
Nationstar Mortgage Llc $36,667 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Frieda M $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $140,000 -12.5% $47 / Sq Ft
07/18/2022 07/18/22 Price Changed $160,000 -19.6% $54 / Sq Ft
04/20/2022 04/20/22 Price Changed $199,000 -2.9% $67 / Sq Ft
03/07/2022 03/07/22 Price Changed $205,000 -4.7% $69 / Sq Ft
01/14/2022 01/14/22 For Sale $215,000 +437.5% $72 / Sq Ft
10/05/2018 10/05/18 Sold $40,000 0.0% $13 / Sq Ft
07/02/2018 07/02/18 Off Market $40,000 -- --
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 $3,112 $55,180 $8,020 $47,160
2023 $3,112 $55,180 $8,020 $47,160
2022 $2,209 $55,180 $8,020 $47,160
2021 $1,190 $30,080 $6,970 $23,110
2020 $1,193 $30,080 $6,970 $23,110
2019 $1,192 $30,080 $6,970 $23,110
2018 $1,027 $32,750 $7,320 $25,430
2017 $884 $31,200 $5,770 $25,430
2016 $878 $31,200 $5,770 $25,430
2015 $868 $30,450 $5,500 $24,950
2014 $1,250 $30,450 $5,500 $24,950
2012 $762 $27,590 $3,190 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222001226

Columbus and Central Ohio Regional MLS

APN: 12-3040206.800