NOT LISTED FOR SALE

506 Mary St Unit 508 Marion, OH 43302

Estimated Value: $108,000 - $141,280

6 Beds
1 Bath
2,432 Sq Ft
$52/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $97,000 $40 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $816/month

11 Days on Market

About This Home

As of January 2022

Newly updated duplex. Each unit has 3 bedrooms up, large full bath up, a living room, dining room, kitchen, pantry/mudroom down and laundry and utilities in basement. Each unit also has a walk-up attic. Back yard is fenced in and has 2 parking spots off the alley. Great investment property. One side is currently rented for $600/month and the other side was previously rented for $700/month. Both units have new furnaces, newer plumbing lines, newer wiring, and newer windows. New vinyl plank flooring has a been installed and has been freshly painted. Also new carpet on stairs and second floor in vacant unit. Each unit has a separate meter for gas, water and electricity.

Last Agent to Sell the Property

Jennifer Russell

Howard Hanna Real Estate Svcs Listed on: 12/01/2021

Last Buyer's Agent

Angie Shanks

REALTEC Real Estate License #2006006356

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 1918

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,432 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 12-2060008.700

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $660
  • Operating Expense $2,707
  • Gross Income $15,600
  • Net Operating Income $12,893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,087

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1918
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 15600.0
  • Co List Office Phone: 740-513-8956
  • MLS Status: Closed
  • Subdivision Name: SUSQUEHANNA SILK MILLS
  • Location Property Info List PriceSqFt: 45.23
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 15600.0
  • Annual Expenses: 2707.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2432.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

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

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-2060008.700
  • Lot Size Sq Ft: 6098.4
  • Zoning Description: 520 TWO FAMILY

Rental Info

  • Owner Pays: Sewer, Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 660.0
  • Net Operating Income: 12893.0
  • Annual Operating Expense: 2707.0

Tax Info

  • Tax Annual Amount: 1087.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 7, 2022
Sold by
Acuna Ricardo E and Acuna Jannette V
Bought by
Beehive Properties Llc
Seller's Agent
Jennifer Russell
Howard Hanna Real Estate Svcs
Buyer's Agent
Angie Shanks
REALTEC Real Estate
List Price
$110,000
Sold Price
$97,000
Premium/Discount to List
-$13,000
-11.82%
Current Estimated Value
$125,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,820
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Dec 9, 2005
Sold by
Monnette Stephen E and Monnette Beth
Bought by
Acuna Ricardo E and Acuna Jannette
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
Beehive Properties Llc -- Elite Land Title
Acuna Ricardo E $47,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $97,000 -11.8% $40 / Sq Ft
12/01/2021 12/01/21 For Sale $110,000 -- $45 / 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 $1,833 $32,810 $1,930 $30,880
2023 $1,833 $32,810 $1,930 $30,880
2022 $1,469 $32,810 $1,930 $30,880
2021 $1,085 $27,410 $1,680 $25,730
2020 $1,087 $27,410 $1,680 $25,730
2019 $1,086 $27,410 $1,680 $25,730
2018 $1,107 $27,920 $1,670 $26,250
2017 $1,121 $27,920 $1,670 $26,250
2016 $1,115 $27,920 $1,670 $26,250
2015 $1,116 $27,340 $1,590 $25,750
2014 $1,117 $27,340 $1,590 $25,750
2012 $1,023 $24,860 $1,630 $23,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221046356

Columbus and Central Ohio Regional MLS

APN: 12-2060008.700