NOT LISTED FOR SALE

22 Wyoming St Newark, OH 43055

Estimated Value: $246,103 - $266,000

10 Beds
3 Baths
4,124 Sq Ft
$62/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $240,000 $58 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,756/month

73 Days on Market

About This Home

As of June 2024

4 Unit income producing rental property conveniently located within minutes of downtown Newark. 2 - One bed, one bath. 2 - Two beds, one bath. 3 of 4 units currently leased. 24 & 22A are long term occupants. Owner pays water, trash/sewer. Unoccupied unit (22C - 1bed/1bath) available for showing. Please do not disturb tenants. *Gross income based off of 3 current leases. 22C previously rented for $650.

Last Agent to Sell the Property

Rosalyn Miller

Cutler Real Estate License #434671 Listed on: 03/23/2024

Cutler Real Estate

Co-Listed By

Sydney Spring

The Westwood Real Estate Co. License #2022002093

Last Buyer's Agent

Larry Walker

Encore Real Estate LLC License #2020008751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 4,124 Sq Ft Home
  • Vinyl Siding

Parking

  • 2 Carport Spaces
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 054-281784-00.000

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $150
  • Operating Expense $2,520
  • Gross Income $27,000
  • Net Operating Income $24,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,242

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1890
  • Tax Year: 2023
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.14
  • Total Gross Income: 27000.0
  • Co List Office Mls Id: 10478
  • Co List Office Phone: 614-339-4664
  • Co List Office Phone: 614-339-4664
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 27000.0
  • Annual Expenses: 2520.0
  • General Property Info Building Sq Ft: 4124.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Carport Spaces2: 2.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 150.0

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-281784-00.000
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 24480.0
  • Annual Operating Expense: 2520.0

Tax Info

  • Tax Annual Amount: 3242.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jun 11, 2024
Sold by
Young Bryan C
Bought by
Mrp Llc
Seller's Agent
Rosalyn Miller
Cutler Real Estate
Buyer's Agent
Larry Walker
Encore Real Estate LLC
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%
Views
28
Current Estimated Value
$257,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,526
Avg. Annual Appreciation
3.39%
Original Mortgage
$204,000
Outstanding Balance
$201,540
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$48,169

Purchase Details

Listed on
Mar 23, 2024
Closed on
May 29, 2024
Sold by
Martinez Thomas Benjamin
Bought by
Young Bryan C
Seller's Agent
Rosalyn Miller
Cutler Real Estate
Buyer's Agent
Larry Walker
Encore Real Estate LLC
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$201,540
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$48,169

Purchase Details

Listed on
Sep 24, 2020
Closed on
Dec 10, 2020
Sold by
Cramer Timothy J
Bought by
Martinez Thomas Benjamin
Seller's Agent
Sue Yenichek
Howard Hanna Real Estate Svcs
Buyer's Agent
Sue Yenichek
Howard Hanna Real Estate Svcs
List Price
$299,500
Sold Price
$220,000
Premium/Discount to List
-$79,500
-26.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%
Original Mortgage
$216,015
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 27, 2018
Sold by
Jpmorgan Chase Bank
Bought by
Cramer Timothy J
Seller's Agent
Carol Sherman
Coldwell Banker Realty
Buyer's Agent
Sue Yenichek
Howard Hanna Real Estate Svcs
List Price
$67,320
Sold Price
$62,500
Premium/Discount to List
-$4,820
-7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.09%

Purchase Details

Closed on
Jul 9, 2008
Sold by
Peacock Julie A and Doe Jack
Bought by
Jpmorgan Chase Bank National Association and Bank One N A

Purchase Details

Closed on
Dec 23, 2003
Sold by
Lamb Joyce T and Jackson Deborah J
Bought by
Peacock Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,855
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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
Mrp Llc -- None Listed On Document
Young Bryan C $240,000 None Listed On Document
Martinez Thomas Benjamin $220,000 First Ohio Title Insurance
Cramer Timothy J $62,500 None Available
Jpmorgan Chase Bank National Association $46,667 None Available
Peacock Julie A $80,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Bryan C $204,000
Previous Owner Martinez Thomas Benjamin $216,015
Previous Owner Peacock Julie A $59,000
Previous Owner Peacock Julie A $38,000
Previous Owner Peacock Julie A $76,855
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $240,000 -9.4% $58 / Sq Ft
05/03/2024 05/03/24 Price Changed $265,000 -3.6% $64 / Sq Ft
02/24/2024 02/24/24 For Sale $275,000 +14.6% $67 / Sq Ft
02/19/2024 02/19/24 Off Market $240,000 -- --
12/14/2020 12/14/20 Sold $220,000 -26.5% $53 / Sq Ft
09/24/2020 09/24/20 For Sale $299,500 +379.2% $73 / Sq Ft
09/07/2018 09/07/18 Sold $62,500 -7.2% $15 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $67,320 -- $16 / 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 $4,237 $79,380 $13,790 $65,590
2023 $3,246 $79,380 $13,790 $65,590
2022 $2,103 $45,150 $12,040 $33,110
2021 $2,215 $45,150 $12,040 $33,110
2020 $2,307 $45,150 $12,040 $33,110
2019 $2,321 $45,150 $12,040 $33,110
2018 $2,339 $0 $0 $0
2017 $2,439 $0 $0 $0
2016 $1,647 $0 $0 $0
2015 $1,913 $0 $0 $0
2014 $967 $0 $0 $0
2013 $6,296 $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: 224004689

Columbus and Central Ohio Regional MLS

APN: 054-281784-00.000