$107,000
SOLD MAY 23, 2025

616 N Greenwood St Marion, OH 43302

-- Bed
-- Bath
1,696 Sq Ft
0.25 Acres

Recently Sold

$63 Per Sq Ft

3% Below List Price

35 Days on Market

About This Home

As of May 2025

This property is an excellent investment opportunity, featuring a multi-unit setup that ensures versatility and consistent income. It is currently occupied by excellent tenants who show great care for the property, which contributes to maintaining its value and appeal. This multi-unit property offers a desirable layout, and practical features. With both units well-maintained and contributing to a steady income stream, it is an ideal choice for investors seeking a hassle-free real estate venture.

Last Agent to Sell the Property

Monica Bess

Bess Blvd Real Estate Company License #2016002322 Listed on: 05/23/2025

Last Buyer's Agent

Heather Wright

Errington Realty LLC. License #2021000748

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,098

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot

Home Design

  • 1,696 Sq Ft Home
  • Duplex

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 12-1090005.900

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,100
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,098

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2024
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.25
  • Total Gross Income: 16800.0
  • Co List Office Phone: 419-310-1016
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 16800.0
  • Annual Expenses: 1100.0
  • General Property Info Building Sq Ft: 1696.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features 2 Off Street2: Yes
  • General Property Info Off Street Parking Spaces2: 6.0

Utilities

  • Sewer: Public Sewer
  • Heating: Oil
  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-1090005.900
  • Lot Size Sq Ft: 10890.0

Rental Info

  • Owner Pays: Sewer

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1100.0

Tax Info

  • Tax Annual Amount: 1098.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
May 22, 2025
Sold by
Kinn Joshua A and Kinn Sophia
Bought by
Whetstone Investment Group Llc
Seller's Agent
Monica Bess
Bess Blvd Real Estate Company
Buyer's Agent
Heather Wright
Errington Realty LLC.
List Price
$110,000
Sold Price
$107,000
Premium/Discount to List
-$3,000
-2.73%
Total Days on Market
35
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.24%
Original Mortgage
$85,600
Outstanding Balance
$84,393
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$18,576

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 18, 2021
Sold by
Mahaffey Ronald and Mahaffey Laura J
Bought by
Kinn Joshua A and Kinn Sophia
Seller's Agent
Laura Longsdorf
Century 21 Gold Standard
Buyer's Agent
Laura Longsdorf
Century 21 Excellence Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$56,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2018
Closed on
Nov 30, 2018
Sold by
Ballinger Joseph M and Ballinger Heather S
Bought by
Mahaffey Ronald and Mahaffey Laura J
Seller's Agent
Pamela Curren
Real Estate Showcase, RES
Buyer's Agent
Non MLS
NON-MLS
Sold Price
$51,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.36%

Purchase Details

Closed on
Sep 1, 2016
Sold by
Carey Max and Carey Luanne
Bought by
Ballinger Joseph M

Purchase Details

Closed on
Jan 9, 2013
Sold by
Burley Jeffrey A and Burley Christine
Bought by
Carey Max

Purchase Details

Closed on
Aug 2, 1993
Bought by
Carey Max
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $107,000 None Listed On Document
Warranty Deed $107,000 None Listed On Document
Survivorship Deed $75,000 None Available
Survivorship Deed $51,900 None Available
Warranty Deed $39,000 None Available
Warranty Deed $4,000 None Available
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,600 New Conventional
Closed $85,600 New Conventional
Previous Owner $56,250 New Conventional
Previous Owner $34,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $107,000 -2.7% $63 / Sq Ft
04/18/2025 04/18/25 For Sale $110,000 +46.7% $65 / Sq Ft
03/19/2021 03/19/21 Sold $75,000 -6.1% $44 / Sq Ft
02/01/2021 02/01/21 For Sale $79,900 +53.9% $47 / Sq Ft
11/30/2018 11/30/18 Sold $51,900 0.0% $31 / Sq Ft
07/13/2018 07/13/18 Off Market $51,900 -- --
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 $1,098 $25,840 $2,640 $23,200
2023 $1,098 $25,840 $2,640 $23,200
2022 $1,040 $25,840 $2,640 $23,200
2021 $832 $21,010 $2,300 $18,710
2020 $834 $21,010 $2,300 $18,710
2019 $1,052 $21,010 $2,300 $18,710
2018 $893 $22,520 $2,290 $20,230
2017 $1,359 $22,520 $2,290 $20,230
2016 $899 $22,520 $2,290 $20,230
2015 $574 $14,070 $2,180 $11,890
2014 $576 $14,070 $2,180 $11,890
2012 $872 $21,190 $2,910 $18,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225012629

Columbus and Central Ohio Regional MLS

APN: 12-1090005.900