Matt Glanzman
RE/MAX ONE
(380) 777-9813
166 Total Sales
4 in Newark
$47K - $351K Price Range
1863 Cherry Valley Rd Newark, OH 43055
Newark AreaEstimated Value: $486,000 - $886,000
Studio
--
Bath
4,080
Sq Ft
$165/Sq Ft
Est. Value
About This Home
As of July 2021Six apartments and a storefront located on Cherry Valley Rd. The 6 apartments are currently renting for a total of $4250. The current owner pays for water and gas, tenant pays electric. They are metered separately. The store-front is currently vacant, but with proper marketing can rent for another $750 per month. Total rent potential is $5000 when fully rented. New roof in 2020. Curb Offers Only.
Last Agent to Sell the Property
Red 1 Realty License #2016004789 Listed on: 01/26/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,789
Year Built
- Built in 1969
Lot Details
- 0.44
Home Design
- 4,080 Sq Ft Home
- Mixed Use
- Brick Exterior Construction
- Vinyl Siding
Parking
- Common or Shared Parking
- Shared Driveway
Utilities
- Forced Air Heating and Cooling System
- Gas Available
Additional Features
- Washer and Dryer Hookup
- 19,166 Sq Ft Lot
Listing and Financial Details
- The owner pays for gas, sewer, trash collection, water
- Assessor Parcel Number 054-219936-00.000
Community Details
Overview
- 7 Units
Building Details
- Fuel Expense $3,500
- Insurance Expense $900
- Maintenance Expense $3,500
- Water Sewer Expense $3,500
- Operating Expense $15,000
- Gross Income $51,000
- Net Operating Income $36,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2021
Closed on
Jul 16, 2021
Sold by
Bought by
Seller's Agent
Christopher Evans
Red 1 Realty
Buyer's Agent
Robert Panian
e-Merge Real Estate
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,333
Avg. Annual Appreciation
11.01%
Original Mortgage
$255,000
Outstanding Balance
$205,395
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$466,938
Purchase Details
Closed on
Oct 27, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newark, OH
-
Matt Glanzman
-
Michael Hessenauer
Michael Hessenauer
Responds QuicklyThe Hessenauer Corporation
(380) 214-2613
9 Total Sales
1 in Newark
$399,000 Price
-
Natalie Morrison
Natalie Morrison
e-Merge Real Estate
(380) 666-3192
263 Total Sales
6 in Newark
$150K - $292K Price Range
-
Ron Kendle
Ron Kendle
RE/MAX Town Center
(380) 666-3653
260 Total Sales
18 in Newark
$194K - $775K Price Range
-
Stacey Morris
Stacey Morris
R.K. Morris & Associates
(380) 210-4218
43 Total Sales
5 in Newark
$140K - $950K Price Range
-
Steve Smith
Steve Smith
Keller Williams Consultants
(380) 208-0446
338 Total Sales
2 in Newark
$179K - $205K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $395,000 | Ambassador Title | ||
| $195,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $255,000 | ||
| Previous Owner | $650,000 | ||
| Previous Owner | $45,000 | ||
| Previous Owner | $450,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $395,000 | -1.2% | $97 / Sq Ft |
| 01/26/2021 01/26/21 | For Sale | $399,900 | -- | $98 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,909 | $139,200 | $44,630 | $94,570 |
| 2024 | $5,742 | $139,200 | $44,630 | $94,570 |
| 2023 | $5,730 | $139,200 | $44,630 | $94,570 |
| 2022 | $6,586 | $138,260 | $38,890 | $99,370 |
| 2021 | $3,983 | $79,070 | $38,890 | $40,180 |
| 2020 | $3,766 | $73,500 | $33,320 | $40,180 |
| 2019 | $3,789 | $73,500 | $33,320 | $40,180 |
| 2018 | $3,818 | $0 | $0 | $0 |
| 2017 | $3,819 | $0 | $0 | $0 |
| 2016 | $3,920 | $0 | $0 | $0 |
| 2015 | $4,013 | $0 | $0 | $0 |
| 2014 | $2,301 | $0 | $0 | $0 |
| 2013 | $3,815 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Evans
C
Seller's Agent in 2021
Christopher Evans
Red 1 Realty
(614) 425-0252
3 Total Sales
-
Robert Panian
Buyer's Agent in 2021
Robert Panian
E-Merge
(614) 800-1975
43 Total Sales
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 221002252
APN: 054-219936-00.000
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Information is deemed reliable but not guaranteed.
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