NOT LISTED FOR SALE

179 S 4th St Newark, OH 43055

Estimated Value: $103,000 - $125,000

3 Beds
2 Baths
1,300 Sq Ft
$89/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $70,000 $54 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $749/month

464 Days on Market

About This Home

As of February 2021

Rented property with 2 units to Section 8/LMHA. Upstairs unit B is $550 per month since Nov 2019 and lower unit A is $750 per month on a month to month. Owner pays trash and water. Good cashflow. Property may be in a Flood Plain

Last Agent to Sell the Property

Amber Burns

Kiger Realty Listed on: 09/14/2019

Last Buyer's Agent

Vanessa Beneze

Century 21 Premiere Properties License #2013002917

Century 21 Premiere Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $648

Year Built

  • Built in 1917

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • 1,300 Sq Ft Home
  • Duplex

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 054-212274-00.000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $65
  • Maintenance Expense $130
  • Water Sewer Expense $100
  • Operating Expense $440
  • Gross Income $1,300
  • Net Operating Income $860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$648

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1917
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.05
  • Total Gross Income: 1300.0
  • Professional Management Expense: 91.0
  • Co List Office Phone: 614-316-2870
  • MLS Status: Closed
  • Income Expenses Gross Income: 1300.0
  • Annual Expenses: 440.0
  • General Property Info Building Sq Ft: 1300.0
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Fee Information

  • Annual Water Sewer Expense: 100.0

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-212274-00.000
  • Lot Size Sq Ft: 2178.0
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 65.0
  • Maintenance Expense: 130.0
  • Net Operating Income: 860.0
  • Annual Operating Expense: 440.0

Tax Info

  • Tax Annual Amount: 648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2019
Closed on
Feb 8, 2021
Sold by
Global Investments Llc
Bought by
Sax 2 Llc
Seller's Agent
Amber Burns
Kiger Realty
Buyer's Agent
Vanessa Beneze
Century 21 Premiere Properties
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%
Total Days on Market
464
Current Estimated Value
$115,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,222
Avg. Annual Appreciation
12.20%
Original Mortgage
$56,000
Outstanding Balance
$50,574
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$64,648

Purchase Details

Closed on
Mar 6, 2017
Sold by
Hara Toshiyuki and Hara Melina L
Bought by
Global Llc

Purchase Details

Closed on
Feb 13, 2017
Sold by
Jolina Llc
Bought by
Hara Toshiyuki and Hara Melina L

Purchase Details

Closed on
Aug 30, 2011
Sold by
Tyo Mark A
Bought by
Century National Bank

Purchase Details

Closed on
Nov 7, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Tyo Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,650
Interest Rate
5.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 14, 2008
Sold by
Mcclain Joseph C and Mcclain Suzanne K
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Serie

Purchase Details

Closed on
Nov 4, 2005
Sold by
Layton Richard B
Bought by
Smith Matthew and Smith Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,327
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2000
Sold by
Whitt James R
Bought by
Mcclain Suzanne K and Mcclain Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
7.84%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Sax 2 Llc $70,000 Ambassador Title
Global Llc -- None Available
Hara Toshiyuki -- None Available
Century National Bank $20,000 Attorney
Tyo Mark A $29,900 Landcastle
Deutsche Bank National Trust Co $26,667 None Available
Smith Matthew $72,900 --
Mcclain Suzanne K $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sax 2 Llc $56,000
Previous Owner Tyo Mark A $35,650
Previous Owner Smith Matthew $72,327
Previous Owner Mcclain Suzanne K $43,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $70,000 -11.4% $54 / Sq Ft
09/09/2020 09/09/20 Price Changed $79,000 -1.3% $61 / Sq Ft
09/13/2019 09/13/19 For Sale $80,000 +281.0% $62 / Sq Ft
05/25/2012 05/25/12 Sold $21,000 -17.6% $20 / Sq Ft
05/07/2012 05/07/12 Sold $25,500 +51.8% $20 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
04/07/2012 04/07/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $16,800 -46.7% $16 / Sq Ft
03/02/2012 03/02/12 For Sale $31,500 -- $24 / 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 $1,235 $23,140 $2,030 $21,110
2023 $849 $23,140 $2,030 $21,110
2022 $703 $17,010 $1,190 $15,820
2021 $738 $17,010 $1,190 $15,820
2020 $754 $17,010 $1,190 $15,820
2019 $648 $14,040 $840 $13,200
2018 $648 $0 $0 $0
2017 $621 $0 $0 $0
2016 $736 $0 $0 $0
2015 $752 $0 $0 $0
2014 $369 $0 $0 $0
2013 $717 $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: 219034928

Columbus and Central Ohio Regional MLS

APN: 054-212274-00.000