NOT LISTED FOR SALE

2023 Fallsburg Rd NE Newark, OH 43055

Estimated Value: $506,000 - $2,316,041

72.75 Acres
$19,395 Price per Acre
3,168,990 Sq Ft Lot

Last Sold September 12, 2014

Last sale price $372,500 $142 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $9,573/month

26 Days on Market

Highlights

  • 72.75 Acre Lot
  • Pond
  • Wooded Lot

About This Lot

As of September 2014

72.75 acres with approximately 2,500' of road frontage in Newark, Township. Approximately 45 acres in crops, 32 acres wooded and home and building site. Within two miles of the City of Newark, located on St. Rt. 79 (Fallsburg Road). Approximately one acre pond with small island in center. Potential of future development, home is in need of repairs and/or updates, outbuildings are in usable condition. All is being sold ''as is''. Taxes to be determined on the new final sale price. Home is tenant occupied with notice to vacant in a reasonable amount of time.

Last Agent to Sell the Property

Patrick Guanciale

Coldwell Banker Realty License #2002001503 Listed on: 06/21/2014

Coldwell Banker Realty

Last Buyer's Agent

Amber Harvel

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,621

Year Built

  • Built in 1855

Lot Details

  • 72.75 Acre Lot
  • Wooded Lot

Home Design

  • 2,627 Sq Ft Home
  • Frame Construction

Listing and Financial Details

  • Assessor Parcel Number 058-286278-00.000

Community Details

Overview

Recreation

  • Pond
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$22,621

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Type: Land/Farm
  • Year Built: 1855
  • Tax Year: 2013
  • Property Sub-Type: Mixed Use
  • ResoLotFeatures: Pond on Lot, Stream On Lot, Wooded
  • Lot Size Acres: 72.75
  • Co List Office Phone: 740-366-3318
  • MLS Status: Closed
  • Subdivision Name: Newark Township
  • Lot Characteristics Stream On Lot: Yes
  • Lot Characteristics Wooded: Yes
  • Services Available Electric3: Yes
  • General Property Info # of Buildings2: 3
  • General Property Info Building Sq Ft: 2627.0
  • Construction Block3: Yes
  • Lot Characteristics Pond on Lot: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Construction:Frame: Yes

Utilities

  • Utilities: Electricity Available, Other

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 058-286278-00.000
  • Lot Size Sq Ft: 3168990.0
  • Additional Parcels: No
  • Zoning Description: ag

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
Jag Legacy Llc
Bought by
Sjostrand Gerald Keith and Sjostrand Janice L
Current Estimated Value
$1,411,021

Purchase Details

Closed on
Oct 3, 2019
Sold by
Sjostrand G Keith and Sjostrand Janice L
Bought by
Post David C and Sjostrand Post Sheena A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 7, 2019
Sold by
Sjostrand G Keith and Sjostrand Janice L
Bought by
Post David C and Sjostrand Post Sheena A

Purchase Details

Listed on
Jun 21, 2014
Closed on
Sep 12, 2014
Sold by
Gilbert Reese Family Foundation
Bought by
Jag Legacy Llc
Seller's Agent
Patrick Guanciale
Coldwell Banker Realty
Buyer's Agent
Amber Harvel
Coldwell Banker Realty
List Price
$429,225
Sold Price
$372,500
Premium/Discount to List
-$56,725
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sjostrand Gerald Keith -- None Listed On Document
Post David C -- None Available
Post David C -- None Available
Jag Legacy Llc $58,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Post David C $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $372,500 -13.2% $142 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
06/21/2014 06/21/14 For Sale $429,225 -- $163 / 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 $22,621 $506,980 $172,900 $334,080
2023 $23,297 $507,010 $172,900 $334,110
2022 $14,926 $402,990 $99,540 $303,450
2021 $14,683 $402,990 $99,540 $303,450
2020 $15,314 $402,990 $99,540 $303,450
2019 $13,888 $352,420 $99,540 $252,880
2018 $13,940 $0 $0 $0
2017 $18,541 $0 $0 $0
2016 $2,495 $0 $0 $0
2015 $3,038 $0 $0 $0
2014 $317 $0 $0 $0
2013 $12 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Patrick Guanciale

    Coldwell Banker Realty

    (740) 258-3283

    74 in this area

    123 Total Sales

    Patrick Guanciale
    Section Image

  • A

    Buyer's Agent in 2014

    Amber Harvel

    Coldwell Banker Realty

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214028584

Columbus and Central Ohio Regional MLS

APN: 058-286278-00.000

Ohio Licking County Newark 43055

2023 Fallsburg Rd NE, Newark, OH

This home is located at 2023 Fallsburg Rd NE, Newark, OH 43055 since 21 June 2014 and is currently estimated at $1,411,021, approximately $537 per square foot. This property was built in 1855. 2023 Fallsburg Rd NE is a home located in Licking County with nearby schools including Hillview Elementary School, Heritage 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.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes