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375 South Main Street

375 South Main Street, Marion, OH 43302
Property in Marion
Sold Apr 06, 2023
$200,000
$160,000 by Richwood Banking Company Inc
Mortgage Due Apr 01, 2043
Sold Oct 01, 2013
$87,500
$70,000 by The Fahey Banking Company
Mortgage
Local assessors in Marion, OH have categorized 375 South Main Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 10,412 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 800 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The home's oil is the primary heating source and it is being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 375 South Main Street sold most recently in Mar 31, 2023 for a total of $200,000. Before that, the property was also sold for $87,500 in Sep 26, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,978 in taxes each year. 375 South Main Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $42,680. If we break it down further, the land itself was valued at $6,970. Improvements to the property, however, were assessed at a total of $35,710. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Brick
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 800
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,412
  • Lot Size Frontage Feet: 599
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Oil
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HENRY PETERS SECOND ADDITION
  • Land Acres: 0.239
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: H PETERS 2ND LOT 282 MAP 26 PG 4 230 4.02 75.00

Ownership

  • Current Owner : GRILA PROPERTIES LLC
  • Previous Owner : QUEEN DANA L
  • Previous Owner 2: QUEEN ANNDALENE S
  • Owner Before Previous Owner: COLEMAN WILLIAM F
  • Owner Before Previous Owner 2: COLEMAN SHEILA L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marion City School District
  • School Tax School District: MARION TWP
  • School Tax District Code 2: MARION-MARION
  • Census Tract: 000502

Geography

  • District: 12
  • Parcel: 12-304020.7500
  • Lot: 282
  • Municipality: MARION TWP
  • Latitude: 40.583
  • Longitude: -83.1289

    Address

  • Full Address: 375 S Main St
  • Address - House Number: 375
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: OH
  • City Name: Marion
  • Carrier Code: C022
  • 4-Digit Zip Code: 5005
  • Zip Code: 43302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,978
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2598
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 48
  • Final Value: 158,524
  • High Value: 199,723
  • Low Value: 117,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: RICHWOOD BANKING COMPANY INC
  • First Open Lien Mortgage Recording Date: Apr 06, 2023
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2043

    Market Valuation

  • Market Total Value: $121,940
  • Market Land Value: $19,910
  • Market Improvement Value: $102,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,680
  • Assessed Land Value: $6,970
  • Assessed Improvements Value: $35,710

    Sales

  • Current Sale Contract Date: Mar 31, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Transaction ID: 11904966662
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1688
  • Previous Sale Recording Date: Oct 01, 2013
  • Previous Sale Contract Date: Sep 26, 2013
  • Previous Sale Amount: $87,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RICHWOOD BANKING COMPANY INC
  • First Mortgage Transaction Date: Apr 06, 2023
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: THE FAHEY BANKING COMPANY
  • Previous Mortgage Transaction Date: Oct 01, 2013
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Marion



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Frequently Asked Questions

What neighborhood is 375 South Main Street located in?
The 375 South Main Street is a located in the neighborhood of Marion in Marion, Marion.
What is the average sales price for listings in 375 South Main Street?
The average sales price for units in 375 South Main Street is $0 currently.

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