NOT LISTED FOR SALE

691 Kenny Ln Marysville, OH 43040

Estimated Value: $309,000 - $598,000

2 Beds
2 Baths
6,223 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $405,000 $65 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,859/month

1 Day on Market

Highlights

  • 0.87 Acre Lot
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Edgewood Elementary School Rated A-

About This Home

As of October 2014

3 Duplexes on one parcel, two of which are only 10 years old. They are fully occupied and cash flow. Newer units are 2br, 1 bath w/1 car garages. Original building has two 2 bedroom units each with one first floor bedroom and one second floor bedroom. One has no garage and the other has a 2 car garage. Both have basements.

Last Agent to Sell the Property

Kevin Coffey

Keller Williams Consultants License #2002010586 Listed on: 08/21/2014

Keller Williams Consultants

Last Buyer's Agent

Diana Kavy

Buckeye Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,554

Year Built

  • Built in 1988

Lot Details

  • 0.87

Home Design

  • 6,223 Sq Ft Home
  • Mixed Use
  • Frame Construction

Parking

  • Attached Garage
  • Garage Door Opener
  • Off-Street Parking: 1

Additional Features

  • 0.87 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 29-0017139-100

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • Insurance Expense $675
  • Maintenance Expense $4,800
  • Manager Expense $3,600
  • Professional Management Expense $3,600
  • Water Sewer Expense $6,960
  • Operating Expense $21,589
  • Gross Income $54,900
  • Net Operating Income $33,311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,554

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1988
  • Tax Year: 2013
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.87
  • Total Gross Income: 54900.0
  • Co List Office Phone: 614-932-2000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 65.72
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 54900.0
  • Annual Expenses: 21589.0
  • General Property Info Building Sq Ft: 6223.0
  • General Property Info # of Buildings: 3.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Parking Features 2 Car Garage2: Yes
  • Parking Features 1 Car Garage2: Yes
  • Parking Features Attached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0
  • Parking Features Garage Door Opener: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 6960.0

Schools

  • Junior High Dist: MARYSVILLE EVSD 8002 UNI CO.

Lot Info

  • Parcel Number: 29-0017139-100
  • Lot Size Sq Ft: 37897.2

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 6
  • Insurance Expense: 675.0
  • Maintenance Expense: 4800.0
  • Resident Manager Expense: 3600.0
  • Net Operating Income: 33311.0
  • Annual Operating Expense: 21589.0

Tax Info

  • Tax Annual Amount: 5554.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2004
Sold by
Hill Robert Frank and Boyd Maxine Lea
Bought by
Andrews Development Co Inc
Current Estimated Value
$439,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$219,348
Interest Rate
6.08%
Mortgage Type
Construction
Estimated Equity
$220,252
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
Andrews Development Co Inc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Development Co Inc $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $405,000 -1.0% $65 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $409,000 -- $66 / 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 $6,522 $152,510 $13,620 $138,890
2023 $6,522 $152,510 $13,620 $138,890
2022 $6,409 $152,510 $13,620 $138,890
2021 $6,642 $138,130 $10,480 $127,650
2020 $6,631 $138,130 $10,480 $127,650
2019 $6,711 $138,130 $10,480 $127,650
2018 $7,687 $147,320 $8,880 $138,440
2017 $7,529 $147,320 $8,880 $138,440
2016 $7,504 $147,320 $8,880 $138,440
2015 $7,721 $141,750 $8,880 $132,870
2014 $5,895 $108,240 $8,880 $99,360
2013 $5,554 $108,240 $8,880 $99,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214036910

Columbus and Central Ohio Regional MLS

APN: 29-0017139-1000