NOT LISTED FOR SALE

505 Delaware Ave Unit 1/2 Marion, OH 43302

Estimated Value: $120,000 - $142,525

4 Beds
1 Bath
2,304 Sq Ft
$56/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $63,200 $27 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $822/month

2 Days on Market

Highlights

  • Fireplace
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of November 2019

Great investment property, the owner has kept this property in good shape! The lower level is vacant to make showings easier. Both units had a new water heaters in 2018, furnace down 2019 and up 2017. The upstairs renter is on month-month but has lived there over 6 years.
Upstairs renter takes care of mowing and snow removal for her reduced rent of $500.

Last Agent to Sell the Property

Julie Kessler

Generations Realty License #416912 Listed on: 08/26/2019

Last Buyer's Agent

Janice Pickens

RealEstate Technology Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $965

Year Built

  • Built in 1877

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • Fireplace
  • Basement

Utilities

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

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 12-3050010.000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $75
  • Gross Income $500
  • Net Operating Income $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$965

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1877
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.19
  • Total Gross Income: 500.0
  • Co List Office Phone: 614-885-0156
  • MLS Status: Closed
  • Income Expenses Gross Income: 500.0
  • Annual Expenses: 75.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2304.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Owner Pays Sewer3: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-3050010.000
  • Lot Size Sq Ft: 8276.4
  • Zoning Description: RES

Rental Info

  • Owner Pays: Sewer

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 500.0
  • Annual Operating Expense: 75.0

Tax Info

  • Tax Annual Amount: 965.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Nov 6, 2019
Sold by
Braddy Brittany
Bought by
Braddy Brittany and Rennick Christopher M
Seller's Agent
Julie Kessler
Generations Realty
Buyer's Agent
Janice Pickens
RealEstate Technology Partners
List Price
$59,200
Sold Price
$63,200
Premium/Discount to List
$4,000
6.76%
Current Estimated Value
$128,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,431
Avg. Annual Appreciation
12.69%
Original Mortgage
$62,055
Outstanding Balance
$55,428
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$73,203

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 30, 2019
Sold by
Licitri Joseph and Beta Rental & Leasing Group
Bought by
Braddy Brittany
Seller's Agent
Julie Kessler
Generations Realty
Buyer's Agent
Janice Pickens
RealEstate Technology Partners
List Price
$59,200
Sold Price
$63,200
Premium/Discount to List
$4,000
6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,055
Outstanding Balance
$55,428
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$73,203

Purchase Details

Closed on
Jun 15, 2015
Sold by
Bollenbacher Clifford W and Bollenbacher Laurabel
Bought by
Bollenbacher Mark and The Bollenbacher Keystone Pres

Purchase Details

Closed on
May 21, 2004
Bought by
Bollenbacher Mark

Purchase Details

Closed on
Mar 10, 1998
Bought by
Bollenbacher Mark

Purchase Details

Closed on
Feb 26, 1996
Bought by
Bollenbacher Mark

Purchase Details

Closed on
May 3, 1994
Bought by
Bollenbacher Mark
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
Braddy Brittany -- None Available
Braddy Brittany $63,200 None Available
Braddy Brittany -- None Available
Bollenbacher Mark -- None Available
The Bollenbacher Family Revocable Living -- None Available
Bollenbacher Mark -- --
Bollenbacher Mark -- --
Bollenbacher Mark -- --
Bollenbacher Mark $26,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braddy Brittany $62,055
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2019 11/06/19 Sold $63,200 +6.8% $27 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $59,200 -- $26 / 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 $1,673 $29,090 $4,090 $25,000
2023 $1,673 $29,090 $4,090 $25,000
2022 $1,037 $29,090 $4,090 $25,000
2021 $1,045 $25,670 $3,550 $22,120
2020 $1,018 $25,670 $3,550 $22,120
2019 $1,018 $25,670 $3,550 $22,120
2018 $965 $24,340 $3,730 $20,610
2017 $978 $24,340 $3,730 $20,610
2016 $972 $24,340 $3,730 $20,610
2015 $981 $24,030 $3,550 $20,480
2014 $980 $23,980 $3,500 $20,480
2012 $1,024 $24,900 $3,990 $20,910
Source: Public Records

Agents Affiliated with this Home

  • Julie Kessler

    Seller's Agent in 2019

    Julie Kessler

    Generations Realty

    (740) 225-8748

    44 in this area

    52 Total Sales

    Julie Kessler
    Section Image

  • J

    Buyer's Agent in 2019

    Janice Pickens

    RealEstate Technology Partners

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219032180

Columbus and Central Ohio Regional MLS

APN: 12-3050010.000

Ohio Marion County Marion 43302

505 Delaware Ave Unit 1/2, Marion, OH

This home is located at 505 Delaware Ave Unit 1/2, Marion, OH 43302 since 26 August 2019 and is currently estimated at $128,631, approximately $55 per square foot. This property was built in 1877. 505 Delaware Ave Unit 1/2 is a home located in Marion County with nearby schools including Benjamin Harrison Elementary School, Ulysses S. Grant Middle School, and Harding High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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