NOT LISTED FOR SALE

508 Oak St Unit 510 Marion, OH 43302

Estimated Value: $102,000 - $152,456

4 Beds
1 Bath
2,464 Sq Ft
$51/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $54,000 $22 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $784/month

163 Days on Market

About This Home

As of March 2020

Great investment opportunity. One side is already rented out. This home is being sold AS IS.. You wont want to miss the chance for extra income.

Last Agent to Sell the Property

Valerie Langhirt

EXP Realty, LLC License #2018000460 Listed on: 09/13/2019

EXP Realty, LLC

Last Buyer's Agent

Drew Laughlin

RealtyOhio Real Estate License #2012000683

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 1898

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,464 Sq Ft Home
  • Duplex

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12-2060102.700

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,000
  • Gross Income $1,200
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,205

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1898
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.16
  • Total Gross Income: 1200.0
  • Co List Office Phone: 937-642-3333
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 22.32
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 1200.0
  • Annual Expenses: 2000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2464.0
  • Air Conditioning None3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-2060102.700
  • Lot Size Sq Ft: 6969.6
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 2000.0
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 1205.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
B & R Marion Llc
Bought by
Jac Rtr Holdings Llc
Current Estimated Value
$126,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,852,500
Outstanding Balance
$2,714,052
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$2,587,688

Purchase Details

Listed on
Sep 13, 2019
Closed on
Mar 6, 2020
Sold by
Graham Marilyn V
Bought by
B & R Marion Llc
Seller's Agent
Valerie Langhirt
EXP Realty, LLC
Buyer's Agent
Drew Laughlin
RealtyOhio Real Estate
List Price
$65,000
Sold Price
$54,000
Premium/Discount to List
-$11,000
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%

Purchase Details

Listed on
Sep 13, 2019
Closed on
Mar 4, 2020
Sold by
Estate Of Robert A Graham
Bought by
Graham Marilyn V
Seller's Agent
Valerie Langhirt
EXP Realty, LLC
Buyer's Agent
Drew Laughlin
RealtyOhio Real Estate
List Price
$65,000
Sold Price
$54,000
Premium/Discount to List
-$11,000
-16.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jac Rtr Holdings Llc $612,500 Talon Title Agency
Jac Rtr Holdings Llc $612,500 Talon Title Agency
B & R Marion Llc $55,000 None Available
Graham Marilyn V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jac Rtr Holdings Llc $2,852,500
Closed Jac Rtr Holdings Llc $2,852,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $54,000 -1.8% $22 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $55,000 -8.3% $22 / Sq Ft
09/30/2019 09/30/19 Price Changed $60,000 -7.7% $24 / Sq Ft
09/13/2019 09/13/19 For Sale $65,000 -- $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 $1,410 $36,750 $2,270 $34,480
2023 $1,410 $36,750 $2,270 $34,480
2022 $1,685 $36,750 $2,270 $34,480
2021 $1,432 $30,710 $1,970 $28,740
2020 $907 $17,060 $1,970 $15,090
2019 $848 $17,060 $1,970 $15,090
2018 $1,205 $30,420 $1,970 $28,450
2017 $1,221 $30,420 $1,970 $28,450
2016 $1,215 $30,420 $1,970 $28,450
2015 $1,216 $29,800 $1,880 $27,920
2014 $1,218 $29,800 $1,880 $27,920
2012 $1,316 $31,980 $1,390 $30,590
Source: Public Records

Agents Affiliated with this Home

  • Valerie Langhirt

    Seller's Agent in 2020

    Valerie Langhirt

    EXP Realty, LLC

    (614) 600-6201

    52 Total Sales

    Valerie Langhirt
    Section Image
  • Drew Laughlin

    Buyer's Agent in 2020

    Drew Laughlin

    RealtyOhio Real Estate

    (614) 806-8099

    3 in this area

    51 Total Sales

    Drew Laughlin
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219034764

Columbus and Central Ohio Regional MLS

APN: 12-2060102.700

Ohio Marion County Marion 43302

508 Oak St Unit 510, Marion, OH

Not Listed for Sale

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