NOT LISTED FOR SALE

192 Rugg Ave Newark, OH 43055

Estimated Value: $172,000 - $213,977

3 Beds
2 Baths
1,979 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $92,500 $47 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,250/month

80 Days on Market

About This Home

As of October 2018

Updated duplex in North Newark. Both units already rented! Long time tenants that would love to stay. 194 is rented at 495/mo, 192 is rented for 595/mo. Owner pays water and trash. Many updates: Roof, siding, windows, electric, mechanicals, hot water tanks. Wonderful hardwood and built ins through out! Nice size yard. Each tenant has access to a full basement with washer and dryer hookup and lawn care provided. All appliances included, off street parking, and separate garages. Excellent condition and well taken care of! Turn key investment!

Last Agent to Sell the Property

Aaron Parks

Century 21 Frank Frye License #2004018171 Listed on: 09/15/2018

Century 21 Frank Frye

Last Buyer's Agent

Brian Phillips

RE/MAX Town Center License #354681

RE/MAX Town Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 1,979 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Parking

  • Garage
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gross Income $13,080

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 054-266964-00.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,565

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.15
  • Total Gross Income: 13080.0
  • Co List Office Phone: 740-345-4001
  • MLS Status: Closed
  • Income Expenses Gross Income: 13080.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1979.0
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features 2 Car Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-266964-00.000
  • Lot Size Sq Ft: 6534.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1565.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2018
Closed on
Oct 23, 2018
Sold by
Cherry Blossom Properties Llc
Bought by
British Properties Llp
Seller's Agent
Aaron Parks
Century 21 Frank Frye
Buyer's Agent
Brian Phillips
RE/MAX Town Center
List Price
$110,000
Sold Price
$92,500
Premium/Discount to List
-$17,500
-15.91%
Current Estimated Value
$186,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,294
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Dec 4, 2015
Sold by
Twork Thomas M and Twork Diane L
Bought by
Cherry Blossom Properties Llc

Purchase Details

Closed on
Jul 24, 2015
Sold by
Cherry Blossom Properties Llc
Bought by
Twork Thomas M and Twork Diane L

Purchase Details

Closed on
Aug 31, 2011
Sold by
Twork Thomas M and Twork Diane L
Bought by
Cherry Blossom Properties Llc

Purchase Details

Closed on
May 21, 2010
Sold by
Barry Ross L and Barry Mary B
Bought by
Twork Thomas M and Twork Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1996
Sold by
Nigg Kenneth E
Bought by
Barry Ross L and Barry Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,800
Interest Rate
7.06%
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
British Properties Llp $92,500 None Available
Cherry Blossom Properties Llc -- Attorney
Twork Thomas M -- Attorney
Cherry Blossom Properties Llc -- Attorney
Twork Thomas M $92,000 None Available
Barry Ross L $71,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Twork Thomas M $71,200
Previous Owner Barry Ross L $53,309
Previous Owner Barry Ross L $49,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $92,500 -15.9% $47 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $110,000 -- $56 / 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 $2,793 $52,330 $11,100 $41,230
2023 $2,788 $52,330 $11,100 $41,230
2022 $1,699 $41,300 $9,660 $31,640
2021 $1,783 $41,300 $9,660 $31,640
2020 $1,823 $41,300 $9,660 $31,640
2019 $1,633 $35,600 $7,420 $28,180
2018 $1,634 $0 $0 $0
2017 $1,565 $0 $0 $0
2016 $1,320 $0 $0 $0
2015 $1,349 $0 $0 $0
2014 -- $0 $0 $0
2013 $1,367 $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: 218026284

Columbus and Central Ohio Regional MLS

APN: 054-266964-00.000