NOT LISTED FOR SALE

160 Hoover St Newark, OH 43055

Estimated Value: $129,000 - $172,445

3 Beds
2 Baths
1,466 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $95,000 $65 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $873/month

33 Days on Market

About This Home

As of January 2021

Very well cared for and updated duplex. Both units already rented through Nov 2021. First floor 2 bed/1bath rents for 625/mo. Second floor 1 bed/1bath rents for 525/mo plus pays 30/mo for pet. Owner pays water & trash. Many updates throughout. New hot water tank, high efficiency furnace and electrical box in 2015 for 1st flr unit. Ceramic tile in kitchens and bath of both units. Both units have washer & dryer and will convey with property. All kitchen appliances convey and are in nice condition. New roof 2010, new windows down 2010, up 2015. All windows are made by Simonton and are double paned. Covered front porch for downstairs unit. Great investment property!

Last Agent to Sell the Property

Lorie Ault

Coldwell Banker Realty License #2013004576 Listed on: 11/25/2020

Coldwell Banker Realty

Last Buyer's Agent

Lorie Ault

Berkshire Hathaway HomeServices Integrity One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $497

Year Built

  • Built in 1825

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 1,466 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • 3.5 Parking Spaces
  • Off-Street Parking: 1

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 054-269604-00.000

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $35
  • Operating Expense $107
  • Gross Income $1,180
  • Net Operating Income $1,073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$497

Year Built

Built in 1825

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1825
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 1180.0
  • Co List Office Phone: 740-366-3318
  • MLS Status: Closed
  • Income Expenses Gross Income: 1180.0
  • Annual Expenses: 107.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1466.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 3.5
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air, Oil
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 35.0

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-269604-00.000
  • Lot Size Sq Ft: 3920.4
  • Additional Parcels: No

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1073.0
  • Annual Operating Expense: 107.0

Tax Info

  • Tax Annual Amount: 497.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Jan 22, 2021
Sold by
T69 & K09 Properties Llc
Bought by
Withers David W and Withers Abby J
Seller's Agent
Lorie Ault
Coldwell Banker Realty
Buyer's Agent
Lorie Ault
Coldwell Banker Realty
List Price
$98,500
Sold Price
$95,000
Premium/Discount to List
-$3,500
-3.55%
Current Estimated Value
$145,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,861
Avg. Annual Appreciation
9.55%

Purchase Details

Closed on
Aug 8, 2018
Sold by
Martin Thomas W
Bought by
T69 & K09 Properties Llc

Purchase Details

Closed on
May 2, 2003
Sold by
Boucher Lisa L and Boucher Philip J
Bought by
Martin Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,949
Interest Rate
6.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 1999
Sold by
Sidle James H
Bought by
Boucher Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.95%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Withers David W $95,000 Crown Search Services
T69 & K09 Properties Llc -- None Available
Martin Thomas W $68,000 Hostetler Title
Boucher Lisa L $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Thomas W $66,949
Previous Owner Boucher Lisa L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $95,000 -3.1% $65 / Sq Ft
12/12/2020 12/12/20 Price Changed $98,000 -0.5% $67 / Sq Ft
11/24/2020 11/24/20 For Sale $98,500 -- $67 / 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 $1,164 $31,710 $9,940 $21,770
2023 $1,220 $31,710 $9,940 $21,770
2022 $807 $19,530 $5,600 $13,930
2021 $846 $19,530 $5,600 $13,930
2020 $600 $13,510 $5,600 $7,910
2019 $497 $10,750 $4,660 $6,090
2018 $498 $0 $0 $0
2017 $458 $0 $0 $0
2016 $430 $0 $0 $0
2015 $439 $0 $0 $0
2014 $556 $0 $0 $0
2013 $1,131 $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: 220041368

Columbus and Central Ohio Regional MLS

APN: 054-269604-00.000