NOT LISTED FOR SALE

569 S Prospect St Marion, OH 43302

Estimated Value: $83,000 - $89,000

4 Beds
1 Bath
2,052 Sq Ft
$42/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $88,775 $43 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $559/month

62 Days on Market

About This Home

As of February 2022

Great investment opportunity! Both units are currently rented and the property provides off street parking for both units. One upper unit and one lower unit, 2 bedroom units offer an excellent living space for any family. New furnace in both units, New hot water tank in upstairs unit

Last Agent to Sell the Property

Joshua Cooper

RE/MAX Select Associates Listed on: 12/08/2021

Last Buyer's Agent

Will Alonso

Stratagem Realty Group LLC License #2019000670

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $911

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 2,052 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 12-3050002.900

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,773
  • Gross Income $13,827
  • Net Operating Income $12,053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$911

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Total Gross Income: 13826.64
  • Co List Office Phone: 740-743-4004
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 13826.64
  • Annual Expenses: 1773.36
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2052.0
  • Owner Pays Sewer3: 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

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-3050002.900
  • Lot Size Sq Ft: 7405.2

Rental Info

  • Owner Pays: Sewer

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 12053.28
  • Annual Operating Expense: 1773.36

Tax Info

  • Tax Annual Amount: 911.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2025
Sold by
Kelly Sara S
Bought by
Cummins Brian S
Current Estimated Value
$87,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$66,802
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$20,405

Purchase Details

Listed on
Dec 8, 2021
Closed on
Feb 23, 2022
Sold by
Walker Investments Llc
Bought by
Kelly Sara S
Seller's Agent
Joshua Cooper
RE/MAX Select Associates
Buyer's Agent
Will Alonso
Stratagem Realty Group LLC
List Price
$94,900
Sold Price
$88,775
Premium/Discount to List
-$6,125
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$66,550
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2020
Sold by
Welshhans Kenneth E and Welshhans Marquita Collins
Bought by
Walker Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 1996
Bought by
Welshhans Kenneth E and Marquita Coll
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
Cummins Brian S $85,000 None Listed On Document
Cummins Brian S $85,000 None Listed On Document
Kelly Sara S -- Hall Kevin R
Kelly Sara S -- None Listed On Document
Walker Investments Llc $42,000 None Available
Welshhans Kenneth E $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummins Brian S $68,000
Closed Cummins Brian S $68,000
Previous Owner Kelly Sara S $66,550
Previous Owner Walker Investments Llc $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $88,775 -6.5% $43 / Sq Ft
11/15/2021 11/15/21 For Sale $94,900 -- $46 / 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 $1,171 $30,520 $4,060 $26,460
2023 $1,171 $30,520 $4,060 $26,460
2022 $970 $27,220 $4,060 $23,160
2021 $873 $22,060 $3,530 $18,530
2020 $911 $22,060 $3,530 $18,530
2019 $1,184 $22,060 $3,530 $18,530
2018 $1,065 $26,870 $3,500 $23,370
2017 $1,079 $26,870 $3,500 $23,370
2016 $1,073 $26,870 $3,500 $23,370
2015 $1,072 $26,260 $3,330 $22,930
2014 $1,162 $26,260 $3,330 $22,930
2012 $1,049 $25,500 $3,250 $22,250
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joshua Cooper

    RE/MAX

  • Will Alonso

    Buyer's Agent in 2022

    Will Alonso

    Stratagem Realty Group LLC

    (614) 580-3668

    1 in this area

    17 Total Sales

    Will Alonso
    Section Image

  • W

    Buyer's Agent in 2022

    William Alonso

    Key Realty

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221047096

Columbus and Central Ohio Regional MLS

APN: 12-3050002.900

Ohio Marion County Marion 43302

569 S Prospect St, Marion, OH

This home is located at 569 S Prospect St, Marion, OH 43302 since 08 December 2021 and is currently estimated at $87,207, approximately $42 per square foot. This property was built in 1915. 569 S Prospect St is a home located in Marion County with nearby schools including William McKinley Elementary School, Ulysses S. Grant Middle School, and Harding High School.

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