NOT LISTED FOR SALE

427 Park Blvd Marion, OH 43302

Estimated Value: $94,000 - $107,500

4 Beds
3 Baths
1,920 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $95,000 $49 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $612/month

89 Days on Market

Highlights

  • Window Unit Cooling System
  • Baseboard Heating
  • 4-minute walk to Onley Park
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of January 2024

Expand your investment portfolio with this stabilized triplex in Marion. The tenants occupancy ranges from 5-20+ years. Very little turn-over ever. Maintenance free exterior with vinyl siding and newer metal roof. Dual heating options with gas forced air and baseboard electric. Separate gas and electric meters. Spacious off-street parking. Washer/dryer hookups and outside patios. Easy one floor living. Act today and get a return on your investment tomorrow.

Last Agent to Sell the Property

Steve Lehmann

Truth First Realty Brokerage Email: (419) 680-6390 steve@stevenlehmann.com License #2010003176 Listed on: 10/16/2023

Last Buyer's Agent

Temp ID

MLS Now

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1978

Lot Details

  • 10,341 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Unpaved Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • 3 Units
  • Park Blvd Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 12-3170000.200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$890

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1978
  • Attribution Contact: (419) 680-6390 steve@stevenlehmann.com
  • Subdivision Name: Park Blvd Add
  • Above Grade Finished Sq Ft: 1920.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Roof: Flat
  • Acres: 0.2374
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Unpaved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Marion CSD - 5102

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 12-3170000.200
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Jan 29, 2024
Sold by
Jj Lagos Rentals Llc
Bought by
Hillshafer Properties Llc
Seller's Agent
Steve Lehmann
Truth First Realty
Buyer's Agent
Temp ID
MLS Now
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Views
112
Current Estimated Value
$101,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,625
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Dec 18, 2014
Bought by
Jj Lagos Rentals Llc

Purchase Details

Closed on
Jun 30, 1992
Bought by
Jj Lagos Rentals 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
Hillshafer Properties Llc $95,000 First Ohio Title
Jj Lagos Rentals Llc -- --
Jj Lagos Rentals Llc $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2024 01/23/24 Sold $95,000 -20.8% $49 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $120,000 0.0% $63 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $120,000 -- $63 / Sq Ft
Source: MLS Now

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 $961 $25,030 $2,280 $22,750
2023 $961 $25,030 $2,280 $22,750
2022 $1,257 $25,030 $2,280 $22,750
2021 $793 $20,030 $1,980 $18,050
2020 $992 $20,030 $1,980 $18,050
2019 $1,082 $20,030 $1,980 $18,050
2018 $629 $15,860 $1,950 $13,910
2017 $638 $15,860 $1,950 $13,910
2016 $633 $15,860 $1,950 $13,910
2015 $1,017 $24,930 $1,850 $23,080
2014 $1,019 $24,930 $1,850 $23,080
2012 $1,162 $28,250 $3,130 $25,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4497602

MLS Now

APN: 12-3170000.200