NOT LISTED FOR SALE

127 N 9th St Newark, OH 43055

Estimated Value: $157,000 - $167,000

3 Beds
2 Baths
1,564 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $125,000 $80 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,091/month

4 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Garage

About This Home

As of March 2022

NICE AND CLEAN INCOME PRODUCING PROPERTY IN NEWARK WITH GOOD TENANTS AND CASH FLOW! HOME IS CURRENTLY SET UP AS A DUPLEX WITH A GARAGE THAT IS USED BY MAIN FLOOR TENANT. 2 BEDROOM MAIN FLOOR TENANTS CURRENT RENT IS $800.00 AND ONE BEDROOM UPSTAIRS TENANTS CURRENT RENT IS $500.00. LANDLORD PAYS WATER AND TRASH, TENANTS PAY GAS & ELECTRIC. WATER IS ON A SINGLE METER. VERY WELL MAINTAINED PROPERTY.
(HOME COULD ALSO EASILY BE CONVERTED BACK TO A SINGLE FAMILY)

Last Agent to Sell the Property

Kyle Hall

Century 21 Frank Frye License #2008001175 Listed on: 02/03/2022

Century 21 Frank Frye

Last Buyer's Agent

Jamie Taylor

Town & Country, Realtors License #2021004595

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 1,564 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • Garage
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 054-257220-00.000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • Operating Expense $2,655
  • Gross Income $14,400
  • Net Operating Income $11,745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$967

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 14400.0
  • Co List Office Phone: 740-345-4001
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 14400.0
  • Annual Expenses: 2655.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1564.0
  • Construction Block3: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Aluminum: Yes

Utilities

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

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-257220-00.000
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 800.0
  • Net Operating Income: 11745.0
  • Annual Operating Expense: 2655.0

Tax Info

  • Tax Annual Amount: 967.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2024
Sold by
Elashery Ahmad
Bought by
Siraj Llc
Total Days on Market
4
Current Estimated Value
$162,242

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 12, 2020
Sold by
Chesterson Patrick R and Chesterson Jacqueline M
Bought by
Berco Holdings Llc
Seller's Agent
Andrew Guanciale
Coldwell Banker Realty
Buyer's Agent
Andrew Guanciale
Coldwell Banker Realty
List Price
$84,900
Sold Price
$90,000
Premium/Discount to List
$5,100
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$67,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2020
Closed on
Oct 14, 2020
Sold by
Lafferty Troy A and Lafferty Brigette L
Bought by
Chesterson Patrick R and Chesterson Jacqueline M
Seller's Agent
Andrew Guanciale
Coldwell Banker Realty
Buyer's Agent
Andrew Guanciale
Coldwell Banker Realty
List Price
$84,900
Sold Price
$90,000
Premium/Discount to List
$5,100
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2014
Sold by
Belfast Property Management Llc
Bought by
Lafferty Troy A and Lafferty Brigette L

Purchase Details

Closed on
Oct 3, 2008
Sold by
Lafferty Troy and Lafferty Brigette
Bought by
Belfast Property Management Llc

Purchase Details

Closed on
Oct 1, 2007
Sold by
Bird Charles E and Bird Betty J
Bought by
Lafferty Troy A and Lafferty Brigette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,975
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Siraj Llc -- None Listed On Document
Berco Holdings Llc -- None Available
Chesterson Patrick R $90,000 Quality Choice Title
Lafferty Troy A -- None Available
Belfast Property Management Llc -- None Available
Lafferty Troy A $72,000 Chicago Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chesterson Patrick R $67,500
Previous Owner Lafferty Troy A $66,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $125,000 0.0% $80 / Sq Ft
02/03/2022 02/03/22 For Sale $125,000 +38.9% $80 / Sq Ft
10/16/2020 10/16/20 Sold $90,000 +6.0% $58 / Sq Ft
09/02/2020 09/02/20 For Sale $84,900 -- $54 / 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 $2,158 $40,430 $8,510 $31,920
2023 $1,481 $40,430 $8,510 $31,920
2022 $1,074 $26,190 $6,060 $20,130
2021 $967 $22,480 $6,060 $16,420
2020 $995 $22,480 $6,060 $16,420
2019 $797 $17,300 $4,660 $12,640
2018 $797 $0 $0 $0
2017 $764 $0 $0 $0
2016 $1,099 $0 $0 $0
2015 $1,123 $0 $0 $0
2014 $1,400 $0 $0 $0
2013 $1,185 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kyle Hall

    Century 21 Frank Frye

    (740) 504-5837

    35 in this area

    59 Total Sales

    Kyle Hall
    Section Image
  • Jamie Taylor

    Buyer's Agent in 2022

    Jamie Taylor

    Town & Country, Realtors

    (740) 624-4856

    5 in this area

    185 Total Sales

    Jamie Taylor
    Section Image
  • Andrew Guanciale

    Seller's Agent in 2020

    Andrew Guanciale

    Coldwell Banker Realty

    (740) 403-6444

    295 in this area

    543 Total Sales

    Andrew Guanciale
    Section Image

  • P

    Seller Co-Listing Agent in 2020

    Patrick Guanciale

    Coldwell Banker Realty

    (740) 258-3283

    75 in this area

    123 Total Sales

    Patrick Guanciale
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222003133

Columbus and Central Ohio Regional MLS

APN: 054-257220-00.000

Ohio Licking County Newark 43055

127 N 9th St, Newark, OH

This home is located at 127 N 9th St, Newark, OH 43055 since 03 February 2022 and is currently estimated at $162,242, approximately $103 per square foot. This property was built in 1900. 127 N 9th St is a home located in Licking County with nearby schools including Mcguffey Elementary School, Wilson 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.

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