NOT LISTED FOR SALE

120 S 3rd St Newark, OH 43055

Estimated Value: $173,541 - $177,000

6 Beds
2 Baths
2,880 Sq Ft
$61/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $124,000 $43 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,160/month

71 Days on Market

About This Home

As of December 2021

Great rental duplex located in the heart of downtown Newark sits this 2 Story duplex. One side has central air and heat. Fenced in rear yard great for entertaining guests and barbeques.
Good investment property with great potential

Last Agent to Sell the Property

Michael Brenneman

Coldwell Banker Realty License #2020000757 Listed on: 09/14/2021

Coldwell Banker Realty

Last Buyer's Agent

Amber Burns

Red 1 Realty License #2005008016

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1905

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,880 Sq Ft Home
  • Duplex

Utilities

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

Additional Features

  • Basement

Community Details

  • 2 Units
  • Gross Income $1,575

Listing and Financial Details

  • Assessor Parcel Number 054-206544-00.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$966

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1905
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 1575.0
  • Co List Office Phone: 740-366-3318
  • MLS Status: Closed
  • Income Expenses Gross Income: 1575.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2880.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-206544-00.000
  • Lot Size Sq Ft: 4791.6
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 965.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 2, 2021
Sold by
Farooqui Khaliq
Bought by
Lil Ohana Properties Llc
Seller's Agent
Michael Brenneman
Coldwell Banker Realty
Buyer's Agent
Amber Burns
Red 1 Realty
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%
Total Days on Market
71
Current Estimated Value
$175,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,385
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Mar 16, 2005
Sold by
Evans David C
Bought by
Farooqui Khaliq

Purchase Details

Closed on
Jul 21, 2000
Sold by
Callahan Donald N
Bought by
Ford Stanley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.13%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Lil Ohana Properties Llc $124,000 None Available
Farooqui Khaliq $76,000 --
Ford Stanley E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lil Ohana Properties Llc $135,000
Previous Owner Farooqui Khaliq $63,102
Previous Owner Ford Stanley E $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $124,000 -4.5% $43 / Sq Ft
08/01/2021 08/01/21 For Sale $129,900 +4.8% $45 / Sq Ft
07/23/2021 07/23/21 Off Market $124,000 -- --
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 $2,115 $39,620 $3,780 $35,840
2023 $1,451 $39,620 $3,780 $35,840
2022 $1,312 $31,860 $2,210 $29,650
2021 $950 $21,950 $2,210 $19,740
2020 $972 $21,950 $2,210 $19,740
2019 $830 $18,030 $1,580 $16,450
2018 $830 $0 $0 $0
2017 $1,041 $0 $0 $0
2016 $1,259 $0 $0 $0
2015 $1,286 $0 $0 $0
2014 $1,604 $0 $0 $0
2013 $1,221 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221027948

Columbus and Central Ohio Regional MLS

APN: 054-206544-00.000