NOT LISTED FOR SALE

127 N 9th St Newark, OH 43055

Estimated Value: $166,655 - $177,000

3 Beds
2 Baths
1,564 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 14, 2022

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

Est. 35% increase in value since last sale

Current estimated payment $1,027/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

6,098 Sq Ft Lot

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
  • Location Property Info List PriceSqFt: 79.92
  • Remarks Misc Hot Sheet Comments: new
  • 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
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Garage/Parking

  • Parking Features On Street2: Yes
  • Parking Features 1 Car Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

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
Current Estimated Value
$168,964

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 11, 2022
Sold by
Berco Holdings Llc
Bought by
Elashery Ahmad
Seller's Agent
Kyle Hall
Century 21 Frank Frye
Buyer's Agent
Jamie Taylor
Town & Country Realtors
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$93,750
Interest Rate
3.92%
Mortgage Type
New Conventional

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
26.24%
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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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
Elashery Ahmad -- Ambassador Title
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 Elashery Ahmad $93,750
Previous Owner Chesterson Patrick R $67,500
Previous Owner Lafferty Troy A $66,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
09/02/2020 09/02/20 For Sale $84,900 -- $54 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $1,482 $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

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222003133

Columbus and Central Ohio Regional MLS

APN: 054-257220-00.000

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