NOT LISTED FOR SALE

469 N Prospect St Marion, OH 43302

Estimated Value: $96,072 - $114,000

4 Beds
1 Bath
1,536 Sq Ft
$69/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $75,000 $49 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $621/month

1 Day on Market

About This Home

As of August 2021

Great Investment- Newly remodeled. Upper and Lower units have 2 BR 1BA- full kitchen with appliances included in each unit. Each unit has a front entry and individual rear entry, as well as access to their own section of the basement. Large Lot! Repairs have included: New floors, new paint, new lower unit hot water tank, furnaces replaced in 2011, new front and back fascia work, new gutters and more. Great investment property! Landlord pays sewer and trash ONLY.

Last Agent to Sell the Property

Amanda Howard

RealtyOhio Real Estate Listed on: 07/13/2021

Last Buyer's Agent

Stephanie Hudson

Generations Realty License #2019000653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $668

Year Built

  • Built in 1943

Lot Details

  • 8,276

Parking

  • On-Street Parking

Home Design

  • 1,536 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 8,276 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 12-2050101.000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,828
  • Gross Income $14,400
  • Net Operating Income $11,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$668

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1943
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.19
  • Total Gross Income: 14400.0
  • Co List Office Phone: 614-885-0156
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 52.08
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 14400.0
  • Annual Expenses: 2828.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1536.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-2050101.000
  • Lot Size Sq Ft: 8276.4

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11572.0
  • Annual Operating Expense: 2828.0

Tax Info

  • Tax Annual Amount: 667.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 26, 2021
Sold by
Aej Elite Properties Llc
Bought by
Moore Kyle
Seller's Agent
Amanda Howard
RealtyOhio Real Estate
Buyer's Agent
Stephanie Hudson
Generations Realty
List Price
$79,999
Sold Price
$75,000
Premium/Discount to List
-$4,999
-6.25%
Current Estimated Value
$105,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,768
Avg. Annual Appreciation
8.45%
Original Mortgage
$56,250
Outstanding Balance
$51,183
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$54,585

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 10, 2020
Sold by
Field Andrew and Field Rachel
Bought by
Aej Elite Properties Llc
Seller's Agent
Robbin Kramer
Howard HannaRealEstateServices
Buyer's Agent
Amanda Howard
Coldwell Banker Realty
List Price
$69,500
Sold Price
$65,000
Premium/Discount to List
-$4,500
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.33%

Purchase Details

Closed on
Sep 14, 2018
Sold by
Bradley Brian P and Bradley Robyn L
Bought by
Field Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2014
Bought by
Bradley Brian P and Surv Robyn L

Purchase Details

Closed on
Jun 2, 2004
Bought by
Bradley Brian P and Surv Robyn L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Moore Kyle $75,000 None Available
Aej Elite Properties Llc $65,000 None Available
Field Andrew $40,000 None Available
Bradley Brian P $72,500 --
Bradley Brian P $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Kyle $56,250
Previous Owner Field Andrew $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $75,000 -6.2% $49 / Sq Ft
07/13/2021 07/13/21 For Sale $79,999 +23.1% $52 / Sq Ft
12/10/2020 12/10/20 Sold $65,000 -6.5% $42 / Sq Ft View Prior Sale
10/14/2020 10/14/20 For Sale $69,500 0.0% $45 / Sq Ft
10/14/2020 10/14/20 Price Changed $69,500 +6.9% $45 / Sq Ft
09/04/2020 09/04/20 Off Market $65,000 -- --
05/08/2020 05/08/20 For Sale $66,750 -- $43 / 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 $773 $20,120 $2,500 $17,620
2023 $773 $20,120 $2,500 $17,620
2022 $718 $20,120 $2,500 $17,620
2021 $668 $16,860 $2,180 $14,680
2020 $1,495 $16,860 $2,180 $14,680
2019 $1,317 $16,860 $2,180 $14,680
2018 $1,124 $21,060 $2,180 $18,880
2017 $1,323 $21,060 $2,180 $18,880
2016 $841 $21,060 $2,180 $18,880
2015 $840 $20,590 $2,080 $18,510
2014 $1,143 $20,590 $2,080 $18,510
2012 $920 $22,360 $1,550 $20,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221026016

Columbus and Central Ohio Regional MLS

APN: 12-2050101.000