NOT LISTED FOR SALE

228 W Locust St Newark, OH 43055

Estimated Value: $168,000 - $194,000

3 Beds
2 Baths
2,472 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $80,000 $32 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,187/month

4 Days on Market

About This Home

As of June 2018

ATTENTION INVESTORS! LARGE INCOME POTENTIAL! TWO PROPERTIES BEING SOLD TOGETHER: 2 parcels, one with a duplex (228 Locust) and one with a two bedroom single family home (226 Locust) being sold together at this list price! Duplex: 2 story, up & down: 2 bedrooms in each unit - separate utilities for each unit. Off street parking (since the two properties are being sold together). Single Family: two bedroom 2 story, with new windows - in need of interior repairs. Agent is related to seller.

Last Agent to Sell the Property

Kyle Hall

Century 21 Frank Frye License #2008001175 Listed on: 05/22/2018

Century 21 Frank Frye

Last Buyer's Agent

Vanessa Beneze

Century 21 Premiere Properties License #2013002917

Century 21 Premiere Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $886

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Additional Parcels

Home Design

  • 2,472 Sq Ft Home
  • Duplex
  • Vinyl Siding

Laundry

  • Washer and Dryer Hookup

Parking

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

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 054-257532-00.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$886

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Co List Office Phone: 740-345-4001
  • MLS Status: Closed
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2472.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Utilities

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

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-257532-00.000
  • Lot Size Sq Ft: 4356.0
  • Additional Parcels Description: 054-259164-00.000
  • Additional Parcels: Yes

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 886.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Jun 29, 2018
Sold by
Sabo Randall P and Sabo Camille
Bought by
Sax 2 Llc
Seller's Agent
Kyle Hall
Century 21 Frank Frye
Buyer's Agent
Vanessa Beneze
Century 21 Premiere Properties
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Total Days on Market
4
Current Estimated Value
$183,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,894
Avg. Annual Appreciation
12.02%
Original Mortgage
$64,000
Outstanding Balance
$40,540
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$135,577

Purchase Details

Closed on
Feb 21, 2007
Sold by
Monske Marie A
Bought by
Sabo Randall P and Sabo Camille
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 Buyer Sale Price Title Company
Sax 2 Llc $80,000 Ambassador Title
Sabo Randall P $54,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sax 2 Llc $64,000
Previous Owner Sabo Randall P $48,800
Previous Owner Sabo Randall P $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $80,000 -11.0% $32 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $89,900 -- $36 / 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 $1,864 $34,930 $6,650 $28,280
2023 $1,278 $34,930 $6,650 $28,280
2022 $1,071 $26,120 $4,730 $21,390
2021 $1,278 $26,120 $4,730 $21,390
2020 $1,149 $26,120 $4,730 $21,390
2019 $918 $20,090 $3,640 $16,450
2018 $925 $0 $0 $0
2017 $828 $0 $0 $0
2016 $754 $0 $0 $0
2015 $770 $0 $0 $0
2014 $954 $0 $0 $0
2013 $802 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kyle Hall

    Century 21 Frank Frye

    (740) 504-5837

    35 in this area

    59 Total Sales

    Kyle Hall
    Section Image
  • Vanessa Beneze

    Buyer's Agent in 2018

    Vanessa Beneze

    Century 21 Premiere Properties

    (740) 403-2856

    47 in this area

    84 Total Sales

    Vanessa Beneze
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218017682

Columbus and Central Ohio Regional MLS

APN: 054-257532-00.000

Ohio Licking County Newark 43055

228 W Locust St, Newark, OH

This home is located at 228 W Locust St, Newark, OH 43055 since 22 May 2018 and is currently estimated at $183,894, approximately $74 per square foot. This property was built in 1900. 228 W Locust St is a home located in Licking County with nearby schools including Mcguffey Elementary School, Wilson 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.

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