Ben Sellers
Golden Gate Real Estate
(380) 777-5166
48 Total Sales
1 in Newark
$194,900 Price
229 W Main St Newark, OH 43055
Newark AreaEstimated Value: $102,732 - $288,000
3
Beds
1
Bath
1,416
Sq Ft
$124/Sq Ft
Est. Value
About This Home
As of April 2023Updated 5-Unit property located just steps away from Downtown Newark. 5- 1 bedroom units currently 4/5 are rented month to month for $750/each. Approved to accept Metro Housing Vouchers. 2 car detached garage could also provide another monthly income opportunity. Tenant Occupied, Please do not disturb tenants. Curb Offers only! Can be packaged with 235 Main St and 239 Main St.
Last Agent to Sell the Property
Justin Schone
RE/MAX ONE License #2006005465 Listed on: 03/13/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $610
Year Built
- Built in 1900
Lot Details
- 5,227
Home Design
- 1,416 Sq Ft Home
- Mixed Use
Parking
- 2 Car Detached Garage
- On-Street Parking
- Off-Street Parking: 1
Additional Features
- 5,227 Sq Ft Lot
- Gas Available
Listing and Financial Details
- The owner pays for electricity, gas, sewer, trash collection, water
- Assessor Parcel Number 054-210924-00.000
Community Details
Overview
- 5 Units
Building Details
- Operating Expense $7,200
- Gross Income $36,000
- Net Operating Income $28,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2023
Closed on
Apr 21, 2023
Sold by
Bought by
Seller's Agent
Justin Schone
RE/MAX ONE
Buyer's Agent
Leigh Merriman
Merriman and Co. Real Estate
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,933
Avg. Annual Appreciation
2.72%
Original Mortgage
$932,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 13, 2012
Closed on
May 11, 2012
Sold by
Bought by
Seller's Agent
Bill Leib
EXIT First Capital Abodes, LLC
Buyer's Agent
Gary Babcock
Howard Hanna Real Estate Services
List Price
$20,000
Sold Price
$18,000
Premium/Discount to List
-$2,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.10%
Purchase Details
Closed on
Mar 7, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
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-
Ben Sellers
-
Scott Harmsen
Scott Harmsen
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-
Shannon Grimm
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-
Elijah Johnson
Elijah Johnson
NextHome Experience
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-
Sheila Howell
Sheila Howell
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-
David Wyeth
David Wyeth
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(740) 900-1289
15 Total Sales
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$120K - $310K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $18,000 | None Available | ||
| $13,100 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,733,900 | ||
| Closed | $932,000 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $160,000 | -3.0% | $113 / Sq Ft | |
| 03/11/2023 03/11/23 | For Sale | $165,000 | +816.7% | $117 / Sq Ft | |
| 05/14/2012 05/14/12 | Sold | $18,000 | -10.0% | $13 / Sq Ft | View Prior Sale |
| 04/14/2012 04/14/12 | Pending | -- | -- | -- | |
| 03/13/2012 03/13/12 | For Sale | $20,000 | -- | $14 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $847 | $22,480 | $5,150 | $17,330 |
| 2024 | $824 | $22,480 | $5,150 | $17,330 |
| 2023 | $822 | $22,480 | $5,150 | $17,330 |
| 2022 | $610 | $14,880 | $2,700 | $12,180 |
| 2021 | $640 | $14,880 | $2,700 | $12,180 |
| 2020 | $661 | $14,880 | $2,700 | $12,180 |
| 2019 | $572 | $12,390 | $2,240 | $10,150 |
| 2018 | $573 | $0 | $0 | $0 |
| 2017 | $627 | $0 | $0 | $0 |
| 2016 | $690 | $0 | $0 | $0 |
| 2015 | $705 | $0 | $0 | $0 |
| 2014 | $878 | $0 | $0 | $0 |
| 2013 | $672 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2023
Justin Schone
RE/MAX
-
Leigh Merriman
Buyer's Agent in 2023
Leigh Merriman
Merriman and Co. Real Estate
(614) 747-1085
85 Total Sales
-
B
Seller's Agent in 2012
Bill Leib
EXIT First Capital Abodes, LLC
-
Gary Babcock
G
Buyer's Agent in 2012
Gary Babcock
Howard Hanna Real Estate Services
(740) 258-3247
23 Total Sales
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 223006452
APN: 054-210924-00.000
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Information is deemed reliable but not guaranteed.
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