NOT LISTED FOR SALE

1583 Independence Dr Newark, OH 43055

Estimated Value: $345,000 - $375,000

4 Beds
3 Baths
2,061 Sq Ft
$175/Sq Ft Est. Value

About This Home

This home is located at 1583 Independence Dr, Newark, OH 43055 and is currently estimated at $359,845, approximately $174 per square foot. 1583 Independence Dr is a home located in Licking County with nearby schools including Legend Elementary School, Liberty Middle School, and Newark High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Wallace Eric R
Bought by
Wallace Eric R and Wallace Taylor M
Current Estimated Value
$359,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,502
Outstanding Balance
$181,239
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,261

Purchase Details

Closed on
Apr 21, 2016
Sold by
Wallace Kelly S
Bought by
Wallace Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,742
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Closed on
May 25, 2001
Sold by
Hitchcock Judy C
Bought by
Wallace Eric R and Wallace Kelly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,528
Interest Rate
7.07%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Wallace Eric R -- Chicago Title
Wallace Eric R -- None Available
Wallace Eric R $146,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Eric R $27,400
Open Wallace Eric R $201,502
Previous Owner Taylor Wallace Eric R $43,000
Previous Owner Wallace Eric R $179,742
Previous Owner Wallace Eric R $50,000
Previous Owner Wallace Erie R $126,000
Previous Owner Wallace Eric R $140,520
Previous Owner Wallace Eric R $25,000
Previous Owner Wallace Eric R $26,700
Previous Owner Wallace Eric R $150,528
Source: Public Records

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 $4,900 $91,810 $21,180 $70,630
2023 $3,276 $91,810 $21,180 $70,630
2022 $2,847 $71,050 $12,670 $58,380
2021 $2,986 $71,050 $12,670 $58,380
2020 $3,056 $71,050 $12,670 $58,380
2019 $2,643 $59,220 $10,570 $48,650
2018 $2,645 $0 $0 $0
2017 $2,533 $0 $0 $0
2016 $2,267 $0 $0 $0
2015 $1,158 $0 $0 $0
2014 $1,135 $0 $0 $0
2013 $2,310 $0 $0 $0
Source: Public Records

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