NOT LISTED FOR SALE

608 S Marion Ave Louisville, OH 44641

Estimated Value: $193,350 - $228,000

4 Beds
2 Baths
1,944 Sq Ft
$107/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $165,000 $85 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,275/month

1 Day on Market

About This Home

As of September 2021

Turnkey investment property at a great price in Louisville! This all brick duplex offers 2, 2 bedroom / 1 bath units with full basements that come with washers and dryers. Basements have been waterproofed to provide dry, usable space for tenants to store items. An attached 1 car garage is right off the kitchen for convenience. #610 was recently painted, new carpets installed throughout, and updated the bathroom. #608 has longer-term renters but recently had the hot water tank updated. Both sides are currently rented. Great location, close to schools and Metzger park. Schedule your appointment today on this great income-producing property!

Last Agent to Sell the Property

Amy Myers-Guthrie

Keller Williams Legacy Group Realty License #2015002064 Listed on: 08/13/2021

Keller Williams Legacy Group Realty

Last Buyer's Agent

Tom Mccully

Howard Hanna License #2014003202

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1970

Lot Details

  • 0.28

Parking

  • 2 Car Direct Access Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,944 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Additional Features

  • 0.28 Acre Lot
  • Baseboard Heating

Community Details

  • 2 Units
  • City/Louisville Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, sewer, water
  • The owner pays for trash collection
  • Assessor Parcel Number 03602459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,580

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 84.88
  • Estimated Price per Sq Ft: 84.88
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1944
  • Year Built: 1970
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Smoke Detector, Sump Pump, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1944.00
  • Sq Ft Approx Total Finished: 1944.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached
  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: City/Louisville

Schools

  • School District: Louisville CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2790
  • Parcel Number: 03602459

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Cable/Electric Link, Electric, Sewer, Water

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 23, 2021
Sold by
Alspach Alek J
Bought by
Taylor Robert R and Taylor Korrin C
Seller's Agent
Amy Myers-Guthrie
Keller Williams Legacy Group Realty
Buyer's Agent
Tom Mccully
Howard Hanna
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$207,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,588
Avg. Annual Appreciation
5.79%
Original Mortgage
$123,750
Outstanding Balance
$112,603
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$94,985

Purchase Details

Listed on
Jan 28, 2018
Closed on
Apr 12, 2019
Sold by
Monnot Sandra K
Bought by
Alspach Alek J
Seller's Agent
Andy Taylor
Coldwell Banker Schmidt Realty
Buyer's Agent
Amy Myers-Guthrie
Keller Williams Legacy Group Realty
List Price
$139,900
Sold Price
$128,000
Premium/Discount to List
-$11,900
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$125,681
Interest Rate
4.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Taylor Robert R $165,000 Patriot Title Agency Inc
Alspach Alek J $128,000 Mk Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Robert R $123,750
Previous Owner Alspach Alek J $125,681
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $165,000 0.0% $85 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $165,000 +28.9% $85 / Sq Ft
04/12/2019 04/12/19 Sold $128,000 -8.5% $66 / Sq Ft View Prior Sale
03/07/2019 03/07/19 Pending -- -- --
11/30/2018 11/30/18 For Sale $139,900 0.0% $72 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
09/25/2018 09/25/18 Price Changed $139,900 -3.5% $72 / Sq Ft
08/16/2018 08/16/18 Price Changed $144,900 -1.8% $75 / Sq Ft
07/29/2018 07/29/18 For Sale $147,500 +15.2% $76 / Sq Ft
06/18/2018 06/18/18 Off Market $128,000 -- --
04/18/2018 04/18/18 For Sale $140,000 +9.4% $72 / Sq Ft
03/20/2018 03/20/18 Off Market $128,000 -- --
02/21/2018 02/21/18 Price Changed $140,000 -6.6% $72 / Sq Ft
01/28/2018 01/28/18 For Sale $149,900 -- $77 / Sq Ft
Source: MLS Now

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
2025 -- $54,640 $15,400 $39,240
2024 -- $54,640 $15,400 $39,240
2023 $2,197 $49,920 $14,530 $35,390
2022 $1,101 $49,920 $14,530 $35,390
2021 $1,895 $43,480 $14,530 $28,950
2020 $1,580 $39,340 $13,090 $26,250
2019 $1,611 $39,340 $13,090 $26,250
2018 $1,611 $39,340 $13,090 $26,250
2017 $1,482 $34,900 $11,480 $23,420
2016 $1,512 $34,900 $11,480 $23,420
2015 $1,516 $34,900 $11,480 $23,420
2014 $1,410 $30,170 $9,940 $20,230
2013 $709 $30,170 $9,940 $20,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4307638

MLS Now

APN: 03602459