NOT LISTED FOR SALE

1505 Newark Rd Mount Vernon, OH 43050

Estimated Value: $175,000 - $371,000

3 Beds
1 Bath
1,068 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $82,000 $77 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $1,450/month

47 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Covered Deck
  • 1.39 Acre Lot
  • Main Floor Bedroom
  • Bathroom on Main Level

About This Home

As of March 2020

Unique opportunity, fixer upper located in the south end of Mount Vernon, great edge of town location, situated on 1.386 acres, home is need of finishing renovations, features include 3 bedrooms and a full main level bath, living room, dining room and nice sized kitchen, first floor bedroom, convenient main level laundry/enclosed back porch, great covered wrap around porch, detached barn and other utility building, great potential, priced to sell at $85,000.

Last Agent to Sell the Property

Sam Miller

Re/Max Stars License #000037331052 Listed on: 06/04/2019

Re/Max Stars

Last Buyer's Agent

Sam Miller

Re/Max Stars License #000037331052 Listed on: 06/04/2019

Re/Max Stars

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1850

Lot Details

  • 1.39 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Slate Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,068 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement
  • Laundry on main level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Deck
  • Utility Building

Farming

  • Barn

Utilities

  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Assessor Parcel Number 12-02513.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,094

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: 1.5 Story
  • Design: 1.5 Story
  • Age: 169
  • Estimated Year Built: 1850
  • Assessments: 165.30
  • Construction: Frame
  • Construction: Frame
  • Detached Structures: Barn, Utility Building
  • Extras: Covered Deck
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1850

Interior Features

  • Floors: Vinyl, Wood Floors
  • Estimated Above Grade Sq Ft: 1068
  • Bedrooms: 3
  • Bedroom 1 Level: 2
  • Bedroom 1 Size: 15.2 x 13.7
  • Bedroom 2 Level: 2
  • Bedroom 2 Size: 15.2 x 13
  • Bedroom 3 Level: 1
  • Bedroom 3 Size: 12.6 x 10.4
  • Full Bathrooms: 1 Bath
  • Bathroom 1 Level: 1
  • Bathroom 1 Size: 7.2 x 5
  • Bathroom 1 Type: Full
  • Dining Room Level: 1
  • Dining Room Size: 15.3 x 10.4
  • Kitchen Level: 1
  • Kitchen Size: 14.1 x 13.8
  • Living Room Level: 1
  • Living Room Size: 15 x 13.6
  • Other Room1 Level: 1
  • Other Room1 Size: Covered Porch
  • Utility Room Level: 1
  • Utility Room Size: 10.5 x 7.4
  • Basement: Partial

Exterior Features

  • Exterior: Vinyl
  • Roof: Metal, Shingle, Slate
  • Yard: Level, Paved Street

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: None
  • Garage Size: Barn
  • Garage Type: None

Utilities

  • Heating: Natural Gas
  • Laundry: Main Floor
  • Sewer: City
  • Water: Well

Schools

  • School District: Mount Vernon

Lot Info

  • Lot Number: 26
  • Lot Size Acres: 1.386
  • Number Of Acres: 1.386
  • Parcel Number: 12-02513.000

Tax Info

  • Semi Annual Taxes: 547.81*

MLS Schools

  • Public School: Twin Oaks-MTV District
  • School District: Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Mar 5, 2020
Sold by
Frazee Holdings Llc
Bought by
Grimaldo Victor and Grimaldo Tiffanee M
Seller's Agent
Sam Miller
Re/Max Stars
Buyer's Agent
Sam Miller
Re/Max Stars
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Current Estimated Value
$243,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,427
Avg. Annual Appreciation
21.75%
Interest Rate
3.29%

Purchase Details

Closed on
Nov 24, 2014
Sold by
Thompson Kasey
Bought by
Frazee Jamie L and Frazee Allison R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2012
Sold by
Fannie Mae
Bought by
Thompson Kasey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,080
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2001
Sold by
Reese Ida D
Bought by
Reese Ida D
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Grimaldo Victor $82,000 --
Frazee Jamie L $52,500 None Available
Thompson Kasey $31,950 None Available
Reese Ida D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grimaldo Victor --
Previous Owner Frazee Jamie L $56,000
Previous Owner Thompson Kasey $34,600
Previous Owner Thompson Kasey $34,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $82,000 -3.5% $77 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $85,000 -- $80 / Sq Ft
Source: Knox County Board of REALTORS®

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 $1,839 $36,050 $16,750 $19,300
2023 $1,839 $36,050 $16,750 $19,300
2022 $1,585 $26,900 $12,500 $14,400
2021 $1,585 $26,900 $12,500 $14,400
2020 $1,554 $26,900 $12,500 $14,400
2019 $1,424 $22,300 $12,440 $9,860
2018 $1,426 $22,300 $12,440 $9,860
2017 $1,410 $22,300 $12,440 $9,860
2016 $1,335 $20,650 $11,520 $9,130
2015 $1,339 $20,650 $11,520 $9,130
2014 $1,298 $20,650 $11,520 $9,130
2013 $1,329 $20,200 $11,370 $8,830
Source: Public Records

Agents Affiliated with this Home

  • Sam Miller

    Seller's Agent in 2020

    Sam Miller

    Re/Max Stars

    (740) 397-7800

    223 in this area

    640 Total Sales

    Sam Miller
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Map

Source: Knox County Board of REALTORS®

MLS Number: 20190485

Knox County Board of REALTORS®

APN: 12-02513.000

Ohio Knox County Mount Vernon 43050

1505 Newark Rd, Mount Vernon, OH

This home is located at 1505 Newark Rd, Mount Vernon, OH 43050 since 04 June 2019 and is currently estimated at $243,427, approximately $227 per square foot. This property was built in 1850. 1505 Newark Rd is a home located in Knox County with nearby schools including Mount Vernon High School, St. Vincent de Paul School, and Christian Star Academy.

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.

Knox County Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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