NOT LISTED FOR SALE

111 S 3rd St Newark, OH 43055

Estimated Value: $98,000 - $126,000

3 Beds
3 Baths
1,904 Sq Ft
$57/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $95,000 $50 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $757/month

90 Days on Market

About This Home

As of December 2023

Have you been searching for affordable multi-family properties? We have an opportunity for you. Three unit home, each with one bed and one bath, and with two long-term tenants, available in Newark. This property also features a detached two-car garage, all of which is zoned GO General Office (zoning regulations attached).

Last Agent to Sell the Property

Alex Smith

Doug Smith Realty & Auction Co License #2019001922 Listed on: 09/21/2023

Last Buyer's Agent

Ling Hunter

Red 1 Realty License #2015002572

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $823

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 1,904 Sq Ft Home

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Available

Additional Features

  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 054-210864-00.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$823

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2022
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.16
  • Co List Office Phone: 740-927-0000
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1904.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-210864-00.000
  • Lot Size Sq Ft: 6969.6
  • Zoning Description: GO

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 823.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Dec 1, 2023
Sold by
Fowler Judy A
Bought by
Zheng Family Trust and Fang
Seller's Agent
Alex Smith
Doug Smith Realty & Auction Co
Buyer's Agent
Ling Hunter
Red 1 Realty
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Total Days on Market
90
Views
41
Current Estimated Value
$108,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,831
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Jul 30, 2020
Sold by
Estate Of Dale H Fowler
Bought by
Fowler Judy A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zheng Family Trust $95,000 None Listed On Document
Fowler Judy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fowler Dale H $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $95,000 -13.6% $50 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $110,000 -8.3% $58 / Sq Ft
08/10/2023 08/10/23 For Sale $120,000 -- $63 / 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 $1,751 $32,800 $5,010 $27,790
2023 $1,762 $33,080 $5,010 $28,070
2022 $823 $19,920 $2,910 $17,010
2021 $863 $19,920 $2,910 $17,010
2020 $882 $19,920 $2,910 $17,010
2019 $749 $16,250 $2,070 $14,180
2018 $749 $0 $0 $0
2017 $975 $0 $0 $0
2016 $1,206 $0 $0 $0
2015 $1,233 $0 $0 $0
2014 $1,537 $0 $0 $0
2013 $1,171 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Alex Smith

    Doug Smith Realty & Auction Co

    (740) 919-1955

    5 in this area

    18 Total Sales

    Alex Smith
    Section Image
  • Ling Hunter

    Buyer's Agent in 2023

    Ling Hunter

    Red 1 Realty

    (614) 886-6668

    9 in this area

    374 Total Sales

    Ling Hunter
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223025642

Columbus and Central Ohio Regional MLS

APN: 054-210864-00.000

Ohio Licking County Newark 43055

111 S 3rd St, Newark, OH

This home is located at 111 S 3rd St, Newark, OH 43055 since 21 September 2023 and is currently estimated at $108,831, approximately $57 per square foot. This property was built in 1920. 111 S 3rd St is a home located in Licking County with nearby schools including Ben Franklin Elementary School, Heritage Middle School, and Newark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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