NOT LISTED FOR SALE

136 W Locust St Newark, OH 43055

Estimated Value: $158,000 - $198,702

6 Beds
3 Baths
3,388 Sq Ft
$53/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $88,500 $26 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,215/month

491 Days on Market

About This Home

As of September 2015

Known as 136 W Locust AKA 91 & 93 & 95 N 6th St. This 3 unit building in very good shape. Individual living units vary. The largest is 93 N. 6th St. This was a house, probably used as a medical office in times now past. Bedrooms are upstairs w/bathroom. Kitchen, dining room & living room are on the main level. A bsmt underlies entire 93 N.6th St. 2nd largest unit is 136 W. Locust-all on the main floor w/no steps. Previous owners have generally lived in this unit or in 93 N. 6th St. 91 N. 6th is all on the 2nd floor. All have forced air central gas furnaces & central A/C. Current owners own lot next door used as a lawn, parking etc. All w/washer/dryer hookups. Rent rolls per month: Unit 136A $400; Unit 91 $330; Unit 93 $510. Total $1240 per month. BROKERS & AGENTS PLEASE READ AGENT REMARKS!

Last Agent to Sell the Property

Joan Elfein

Ohio Broker Direct, LLC License #386319 Listed on: 05/26/2014

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1905

Lot Details

  • 4,356

Parking

  • Off-Street Parking: 1

Home Design

  • 3,388 Sq Ft Home
  • Frame Construction

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,356 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 054-264270-00.000

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1,466
  • Gross Income $14,880
  • Net Operating Income $13,414

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,466

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1905
  • Tax Year: 2012
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.1
  • Total Gross Income: 14880.0
  • Co List Office Phone: 614-989-7215
  • MLS Status: Closed
  • Income Expenses Gross Income: 14880.0
  • Annual Expenses: 1466.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3388.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

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: 054-264270-00.000
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 13414.0
  • Annual Operating Expense: 1466.0

Tax Info

  • Tax Annual Amount: 1466.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2014
Closed on
Sep 30, 2015
Sold by
Machado 136 Llc
Bought by
Sax 1 Llc
Seller's Agent
Joan Elfein
Ohio Broker Direct, LLC
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$98,300
Sold Price
$88,500
Premium/Discount to List
-$9,800
-9.97%
Total Days on Market
491
Current Estimated Value
$179,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,926
Avg. Annual Appreciation
7.57%
Original Mortgage
$70,800
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 5, 2005
Sold by
Aaath Inc
Bought by
Machado136 Ltd

Purchase Details

Closed on
Jan 23, 2004
Sold by
Mayberry Lance T and Adam Mayberry B
Bought by
Aaath Inc

Purchase Details

Closed on
Feb 13, 2003
Sold by
Us Bank Na
Bought by
Johnson Terry N
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
Sax 1 Llc $126,450 Attorney
Machado136 Ltd -- --
Aaath Inc $90,200 --
Johnson Terry N $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sax 1 Llc $230,300
Closed Sax 1 Llc $70,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $88,500 -10.0% $26 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
05/26/2014 05/26/14 For Sale $98,300 -- $29 / 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 $2,532 $47,430 $6,300 $41,130
2023 -- $47,430 $6,300 $41,130
2022 $1,339 $32,660 $4,450 $28,210
2021 $1,405 $32,660 $4,450 $28,210
2020 $1,437 $32,660 $4,450 $28,210
2019 $1,154 $25,130 $3,430 $21,700
2018 $1,155 $0 $0 $0
2017 $1,459 $0 $0 $0
2016 $1,379 $0 $0 $0
2015 $705 $0 $0 $0
2014 $1,757 $0 $0 $0
2013 $742 $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: 214024547

Columbus and Central Ohio Regional MLS

APN: 054-264270-00.000