NOT LISTED FOR SALE

202 Central Ave Newark, OH 43055

Estimated Value: $183,000 - $201,342

4 Beds
2 Baths
2,173 Sq Ft
$88/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $135,000 $62 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,142/month

49 Days on Market

About This Home

As of October 2021

Fantastic opportunity! Up & Down Duplex. Live in one, rent the other and let it pay a portion of your mortgage. Or it can be easily converted back to a single family residence if desired. Classic turn-of-the century 2 story with a short walk to newly renovated downtown area shopping, dining, & event venues. Beautiful wood work throughout. Large rooms in both units. D/S unit boasts Living room, Dining room, Kitchen, 2 bedrooms, full bath w/laundry hookups. Covered front & back porches. U/S unit boasts Living room, Kitchen, 2 large bedrooms and full bath. Fenced yard. U/S unit 1yr old furn. Roof approx. 10-15 yrs. Appliances are negotiable (seller owned). 24hrs notice to show for D/S unit; U/S unit currently vacant.

Last Agent to Sell the Property

Marie McCray

Red 1 Realty License #2011002075 Listed on: 07/09/2021

Red 1 Realty

Last Buyer's Agent

Amy Clark

Cutler Real Estate License #2002016158

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 2,173 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 054-261924-00.000

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $780
  • Operating Expense $4,000
  • Gross Income $13,200
  • Net Operating Income $9,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,818

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 13200.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 13200.0
  • Annual Expenses: 4000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2173.0
  • Miscellaneous Basement2: Yes
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 780.0

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-261924-00.000
  • Lot Size Sq Ft: 5662.8

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 9200.0
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 1818.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Oct 14, 2021
Sold by
Martin Diann R
Bought by
Biggers David
Seller's Agent
Marie McCray
Red 1 Realty
Buyer's Agent
Amy Clark
Cutler Real Estate
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$190,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,586
Avg. Annual Appreciation
8.98%
Original Mortgage
$139,860
Outstanding Balance
$127,539
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$63,047

Purchase Details

Closed on
Mar 15, 2006
Sold by
Martin Christopher E
Bought by
Martin Diann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,780
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2000
Sold by
Dennison Genevieve R
Bought by
Martin Christopher E and Martin Diann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,777
Interest Rate
8.21%
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
Biggers David $135,000 None Available
Martin Diann R -- Chicago
Martin Christopher E $54,777 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biggers David $139,860
Previous Owner Martin Diann R $94,780
Previous Owner Martin Christopher E $54,777
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $135,000 -3.5% $62 / Sq Ft
07/09/2021 07/09/21 For Sale $139,900 -- $64 / 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 $1,576 $43,510 $10,920 $32,590
2023 $1,574 $43,510 $10,920 $32,590
2022 $1,772 $43,620 $6,130 $37,490
2021 $1,822 $42,220 $6,130 $36,090
2020 $1,818 $42,220 $6,130 $36,090
2019 $1,470 $32,870 $5,110 $27,760
2018 $1,471 $0 $0 $0
2017 $1,240 $0 $0 $0
2016 $1,049 $0 $0 $0
2015 $1,072 $0 $0 $0
2014 $1,373 $0 $0 $0
2013 $1,071 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marie McCray

    Red 1 Realty

    (740) 973-0807

    24 in this area

    46 Total Sales

    Marie McCray
    Section Image
  • Amy Clark

    Buyer's Agent in 2021

    Amy Clark

    Cutler Real Estate

    (614) 596-0211

    11 in this area

    533 Total Sales

    Amy Clark
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221025466

Columbus and Central Ohio Regional MLS

APN: 054-261924-00.000

Ohio Licking County Newark 43055

202 Central Ave, Newark, OH

This home is located at 202 Central Ave, Newark, OH 43055 since 09 July 2021 and is currently estimated at $190,586, approximately $87 per square foot. This property was built in 1900. 202 Central Ave is a home located in Licking County with nearby schools including John Clem Elementary School, Liberty Middle School, and Newark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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