NOT LISTED FOR SALE

207 Gay St Newark, OH 43055

Estimated Value: $153,344 - $202,000

2 Beds
1 Bath
1,896 Sq Ft
$89/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $105,000 $55 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,112/month

78 Days on Market

About This Home

As of April 2021

Great Rental Income or Primary Residence with additional home for rental income.
Two single family homes on one parcel. Front house is a ranch, 2bed/1bath. Rents for $595.00 on Metro. Metro pays 100%. Long term tenant on month to month. Deposit $595.00. The Back house is a two story, 2bed/1 bath. Rents for $675.m on Metro. Metro pays 100%. Annual lease runs oct/sept (renews 2021). Deposit $675.00. Back house fully renovated in Sept 2020. All appliances remain with both houses.

Last Agent to Sell the Property

Michael Griffin

EXP Realty, LLC License #2016003872 Listed on: 02/22/2021

EXP Realty, LLC

Last Buyer's Agent

Jodie Greene

Century 21 Frank Frye License #2013000851

Century 21 Frank Frye

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1906

Lot Details

  • 5,663

Home Design

  • 1,896 Sq Ft Home
  • Mixed Use
  • Vinyl Siding

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 5,663 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 054-196206-00.000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Operating Expense $3,026
  • Gross Income $12,700
  • Net Operating Income $9,674

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,399

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1906
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 12700.0
  • Co List Office Phone: 866-212-4991
  • MLS Status: Closed
  • Subdivision Name: Two single family homes on one lot
  • Income Expenses Gross Income: 12700.0
  • Annual Expenses: 3026.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1896.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Miscellaneous WD Hookups: 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
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

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

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-196206-00.000
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels Description: One Parcel for both houses; however there are two numbers assigned to the lot. This lot is not able to be split 054-196206-00.000 and 054-120.06-088.000
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 9674.0
  • Annual Operating Expense: 3026.0

Tax Info

  • Tax Annual Amount: 1399.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 1, 2021
Sold by
Azre Two Llc
Bought by
Salauryn Business Investments Llc
Seller's Agent
Michael Griffin
EXP Realty, LLC
Buyer's Agent
Jodie Greene
Century 21 Frank Frye
List Price
$129,900
Sold Price
$105,000
Premium/Discount to List
-$24,900
-19.17%
Current Estimated Value
$168,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,586
Avg. Annual Appreciation
11.99%
Original Mortgage
$84,000
Outstanding Balance
$64,734
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$107,673

Purchase Details

Closed on
Oct 26, 2010
Sold by
Eisenberg Beatrice
Bought by
Azre Two Llc

Purchase Details

Closed on
Feb 29, 2008
Sold by
Ridenbaugh Cinda and Boren Cinda
Bought by
Eisenberg Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2005
Sold by
Boren Russell T and Boren Joyce A
Bought by
Ridenbaugh Cinda and Boren Cinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Salauryn Business Investments Llc $105,000 None Available
Azre Two Llc -- None Available
Eisenberg Beatrice $96,500 Kent Title
Ridenbaugh Cinda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salauryn Business Investments Llc $84,000
Previous Owner Eisenberg Beatrice $71,500
Previous Owner Ridenbaugh Cinda $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $105,000 -19.2% $55 / Sq Ft
12/07/2020 12/07/20 For Sale $129,900 -- $69 / 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 $2,408 $45,120 $6,930 $38,190
2023 $1,653 $45,120 $6,930 $38,190
2022 $1,632 $39,660 $5,430 $34,230
2021 $1,712 $39,660 $5,430 $34,230
2020 $1,751 $39,660 $5,430 $34,230
2019 $1,399 $30,490 $4,170 $26,320
2018 $1,400 $0 $0 $0
2017 $1,473 $0 $0 $0
2016 $1,571 $0 $0 $0
2015 $1,605 $0 $0 $0
2014 $2,003 $0 $0 $0
2013 $1,523 $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: 220042386

Columbus and Central Ohio Regional MLS

APN: 054-196206-00.000