NOT LISTED FOR SALE

202 Central Ave Newark, OH 43055

Estimated Value: $186,654 - $239,000

4 Beds
2 Baths
2,173 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 15, 2021

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

Est. 50% increase in value since last sale

Current estimated payment $1,192/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
  • Location Property Info List PriceSqFt: 64.38
  • Remarks Misc Hot Sheet Comments: new
  • 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
$202,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,914
Avg. Annual Appreciation
10.11%
Original Mortgage
$139,860
Outstanding Balance
$127,539
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$75,375

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
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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

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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