NOT LISTED FOR SALE

1051 Newark Rd Mount Vernon, OH 43050

Studio
-- Bath
1,464 Sq Ft
1.46 Acres Lot

Sale Details

Date Sold: March 7, 2022

Last sale price $345,000 $236 Per Sq Ft

250 Days on Market

Highlights

  • 1.46 Acre Lot
  • Commercial or Retail Space
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Built in 2007 and in mint condition. Great space for bank, insurance, offices, financial planning, etc. On a well & city sewer. Zoned GB on St Rt 13 with high traffic count, at edge of town in Clinton Twp. 3 bay drive thru & 22 parking spaces. Average utilities for gas and electric is $250 per month.

Last Agent to Sell the Property

Thom Collier

e-Merge Real Estate Champions License #2003016591 Listed on: 05/28/2021

e-Merge Real Estate Champions

Last Buyer's Agent

Martha Edelblute

Real Estate Pros License #37310741

Property Details

Property Type

  • Other

Year Built

  • Built in 2007

Lot Details

  • 1.46 Acre Lot
  • Property is zoned General Business

Home Design

  • 1,464 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Parking

  • 21 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Assessor Parcel Number 12-01773.002
  • $4 Total Annual Tax

Property Details

Property Type

Other

Year Built

Built in 2007

Lot Details

1.46 Acres

Listing Details

  • Class: COMMERCIAL/INDUSTRIAL
  • Type: Commercial
  • Age: 14
  • Estimated Year Built: 2007
  • Assessments: 48.00
  • Zoning: General Business
  • Access: State Highway
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 2007

Interior Features

  • Estimated Above Grade Sq Ft: 1464
  • Basement: Slab

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Shingle

Garage/Parking

  • Driveway: Concrete, Paved
  • Parking Spaces: 21-30
  • Garage Capacity: None
  • Garage Type: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: Well
  • Hot Water Tabk: Owned

Lot Info

  • Lot Size Acres: 1.458
  • Number Of Acres: 1.458
  • Parcel Number: 12-01773.002

Tax Info

  • Semi Annual Taxes: $2,842.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Mar 7, 2022
Sold by
Peoples Bank
Bought by
1051 Newark Road Llc
Seller's Agent
Thom Collier
e-Merge Real Estate Champions
Buyer's Agent
Martha Edelblute
Real Estate Pros
List Price
$395,000
Sold Price
$345,000
Premium/Discount to List
-$50,000
-12.66%

Purchase Details

Closed on
May 30, 2013
Sold by
The Peoples Bank
Bought by
The Peoples Bank

Purchase Details

Closed on
Oct 30, 2012
Sold by
Consumers Professional Cu
Bought by
The Peoples Bank

Purchase Details

Closed on
Nov 5, 1997
Bought by
K & E Federal Credit Union
Source: Public Records
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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
1051 Newark Road Llc -- None Listed On Document
1015 Newark Road Llc -- None Listed On Document
The Peoples Bank -- None Available
The Peoples Bank $229,500 None Available
K & E Federal Credit Union $44,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $345,000 -11.5% $236 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
08/31/2021 08/31/21 Price Changed $390,000 -1.3% $266 / Sq Ft
05/28/2021 05/28/21 For Sale $395,000 -- $270 / Sq Ft
Source: Knox County Board of REALTORS®

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 $6,105 $114,290 $16,840 $97,450
2024 $6,105 $114,290 $16,840 $97,450
2023 $6,189 $114,290 $16,840 $97,450
2022 $5,983 $101,630 $15,310 $86,320
2021 $5,983 $101,630 $15,310 $86,320
2020 $5,781 $101,630 $15,310 $86,320
2019 $6,244 $101,640 $11,700 $89,940
2018 $6,326 $101,640 $11,700 $89,940
2017 $6,223 $101,640 $11,700 $89,940
2016 $6,208 $101,640 $11,700 $89,940
2015 $6,206 $101,640 $11,700 $89,940
2014 $6,107 $101,640 $11,700 $89,940
2013 $5,018 $81,470 $12,290 $69,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Knox County Board of REALTORS®

MLS Number: 20210332

Knox County Board of REALTORS®

APN: 12-01773.002

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