$175,346
SOLD AUG 8, 2024

223-225 N 5th St Newark, OH 43055

-- Bed
-- Bath
2,048 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

12% Below List Price

55 Days on Market

About This Home

As of November 2024

Welcome to an unbelievable House hack duplex in Newark! A total of 5 Bedrooms and 2 Full bathrooms, Upstairs unit features a 2 Bedroom 1 Bathroom with appliances and washer/Dryer hookups in the unit. Downstairs unit features a 3 Bedroom 1 Bathroom, exposed brick, updated kitchen with appliances and washer/Dryer hookups in the unit. Close Proximity to 161 Highway, Downtown Newark, OSU Newark and local medical and restaurants. Come visit today!

Last Agent to Sell the Property

Don Payne

Vision Realty, Inc. License #0000285166 Listed on: 06/13/2024

Last Buyer's Agent

Natalie Morrison

e-Merge Real Estate License #2015000964

e-Merge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,048 Sq Ft Home
  • Duplex

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 054-268278-00.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,431

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Co List Office Phone: 614-267-2223
  • MLS Status: Closed
  • General Property Info Building Sq Ft: 2048.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-268278-00.000
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1431.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Nov 19, 2024
Sold by
Koirala Hari
Bought by
Kinnison Brian
Seller's Agent
Natalie Morrison
e-Merge Real Estate
Buyer's Agent
Brian Kinnison
Home Central Realty
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Views
21
Current Estimated Value
$206,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,672
Avg. Annual Appreciation
-2.60%
Original Mortgage
$10,500
Outstanding Balance
$10,460
Interest Rate
6.32%
Estimated Equity
$195,868

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 8, 2024
Sold by
Psrg Holdings Llc
Bought by
Koirala Hari
Seller's Agent
Don Payne
Vision Realty, Inc.
Buyer's Agent
Natalie Morrison
e-Merge Real Estate
List Price
$199,900
Sold Price
$175,346
Premium/Discount to List
-$24,554
-12.28%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.24%

Purchase Details

Closed on
May 18, 2023
Sold by
Sax 1 Llc
Bought by
Psrg Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2017
Sold by
Starboard Investments Ltd
Bought by
Sax 1 Llc

Purchase Details

Closed on
Sep 27, 2002
Sold by
Wheeler William T
Bought by
Starboard Investments Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,600
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 1995
Sold by
Coffey Robert
Bought by
Wheeler William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.65%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Northwest Advantage Title
Warranty Deed $175,400 None Listed On Document
Warranty Deed $50,000 Chicago Title
Warranty Deed $12,000 Ohio Title
Deed $29,000 --
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,500 No Value Available
Open $190,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $12,205 Unknown
Previous Owner $419,600 Commercial
Previous Owner $20,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $210,000 -5.8% $103 / Sq Ft
09/21/2024 09/21/24 Price Changed $222,900 -0.9% $109 / Sq Ft
08/30/2024 08/30/24 For Sale $225,000 +28.3% $110 / Sq Ft
08/08/2024 08/08/24 Sold $175,346 -7.7% $86 / Sq Ft
07/19/2024 07/19/24 Price Changed $189,900 -5.0% $93 / Sq Ft
06/13/2024 06/13/24 For Sale $199,900 -- $98 / 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 $2,085 $39,070 $12,220 $26,850
2023 $1,503 $39,070 $12,220 $26,850
2022 $2,203 $30,980 $6,900 $24,080
2021 $1,339 $30,980 $6,900 $24,080
2020 $1,369 $30,980 $6,900 $24,080
2019 $1,115 $24,260 $5,740 $18,520
2018 $1,115 $0 $0 $0
2017 $1,068 $0 $0 $0
2016 $752 $0 $0 $0
2015 $768 $0 $0 $0
2014 $957 $0 $0 $0
2013 $770 $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: 224019619

Columbus and Central Ohio Regional MLS

APN: 054-268278-00.000