$90,000
SOLD OCT 16, 2020

127 N 9th St Newark, OH 43055

-- Bed
-- Bath
1,564 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

6% Above List Price

3 Days on Market

Highlights

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

About This Home

As of March 2022

Operating numbers for 2019. Two family building, very quiet location, Long term tenants over past years with leases. Very well maintained inside & out. 48 hours notice to show, late afternoon, early evenings only. Owner pays trash & electric. Lower 2 bedroom lease $550 tenants pays gas & electric, oven, refrigerator, washer & dryer. Upper one bedroom lease $465 tenant pays electric, owner pays gas, no appliances.
Garage lease $300 per year.

Last Agent to Sell the Property

Andrew Guanciale

Coldwell Banker Realty License #2002021183 Listed on: 10/16/2020

Coldwell Banker Realty

Co-Listed By

Patrick Guanciale

Coldwell Banker Realty License #2002001503

Last Buyer's Agent

Andrew Guanciale

Coldwell Banker Realty License #2002021183 Listed on: 10/16/2020

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $797

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 1,564 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • Detached Garage
  • Side or Rear Entrance to Parking

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 $592
  • Operating Expense $3,605
  • Gross Income $12,180
  • Net Operating Income $8,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$797

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 12180.0
  • Co List Office Mls Id: 02950
  • Co List Office Phone: 740-366-3318
  • Co List Office Phone: 740-366-3318
  • MLS Status: Closed
  • Income Expenses Gross Income: 12180.0
  • Annual Expenses: 3605.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1564.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas 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:Frame: Yes
  • Construction:Aluminum: Yes

Garage/Parking

  • Parking Features Detached Garage2: Yes
  • Parking Features 1 Car Garage2: Yes
  • Parking Features Side Load2: Yes

Utilities

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

  • Monthly Rent (Other): 25.0
  • Number Of Units Total: 2
  • Insurance Expense: 592.0
  • Net Operating Income: 8575.0
  • Annual Operating Expense: 3605.0

Tax Info

  • Tax Annual Amount: 797.0

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
$157,720

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
13.06%
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

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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Survivorship Deed $90,000 Quality Choice Title
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Survivorship Deed $72,000 Chicago Tit
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,500 New Conventional
Previous Owner $66,975 Purchase Money Mortgage
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

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220030340

Columbus and Central Ohio Regional MLS

APN: 054-257220-00.000