NOT LISTED FOR SALE

440 Davids St Marion, OH 43302

3 Beds
1 Bath
4,896 Sq Ft
5,663 Sq Ft Lot

Last Sold March 01, 2022

Last sale price $270,000 $55 Per Sq Ft

9 Days on Market

About This Home

As of March 2022

If you are looking for a great investment this could be your next opportunity. Fully rented five family dwelling. Two of the five units are long term tenants. The tenants pay all utilities except sewer. There are cameras for security all around the building. There is a common laundry room for the units to use. Within the last 7 years it has had siding, windows, kitchens, baths and the main roof updated. Each unit has their own electric water heater and the heat is all electric.

Last Agent to Sell the Property

Heather Kamann

Howard Hanna Real Estate Services License #449730 Listed on: 12/07/2021

Howard Hanna Real Estate Services

Last Buyer's Agent

Nicholas Woods

ERA Real Solutions Realty License #2019007520

ERA Real Solutions Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 4,896 Sq Ft Home
  • Mixed Use
  • Vinyl Siding

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 12-3210101.100

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $2,856
  • Maintenance Expense $970
  • Operating Expense $16,318
  • Gross Income $35,968
  • Net Operating Income $19,649

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,381

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 35968.0
  • Co List Office Phone: 740-363-7355
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 56.17
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 35968.0
  • Annual Expenses: 16318.07
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 4896.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Services Available Electricity 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

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Electricity Available, Storm Sewer

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-3210101.100
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels: No

Rental Info

  • Owner Pays: Sewer

Multi Family

  • Number Of Units Total: 5
  • Insurance Expense: 2856.0
  • Maintenance Expense: 970.38
  • Net Operating Income: 19649.0
  • Annual Operating Expense: 16318.07

Tax Info

  • Tax Annual Amount: 1381.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $270,000 -1.8% $55 / Sq Ft
12/07/2021 12/07/21 For Sale $275,000 -- $56 / 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 $2,999 $64,760 $2,320 $62,440
2023 $2,999 $64,760 $2,320 $62,440
2022 $2,837 $64,760 $2,320 $62,440
2021 $1,335 $28,620 $2,320 $26,300
2020 $1,381 $28,620 $2,320 $26,300
2019 $1,036 $15,050 $2,320 $12,730
2018 $528 $10,920 $2,170 $8,750
2017 $518 $10,920 $2,170 $8,750
2016 $519 $10,920 $2,170 $8,750
2015 $524 $10,920 $2,170 $8,750
2014 $525 $10,920 $2,170 $8,750
2012 $553 $11,380 $3,310 $8,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221047000

Columbus and Central Ohio Regional MLS