NOT LISTED FOR SALE

235 W Locust St Newark, OH 43055

Estimated Value: $153,000 - $204,251

4 Beds
2 Baths
2,212 Sq Ft
$82/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $115,000 $52 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,131/month

215 Days on Market

Highlights

  • Detached Garage
  • Fireplace
  • Forced Air Heating System

About This Home

As of January 2022

Come see this great duplex. This property has great income potential. Turn of the century home with great character on a mature treed lot with original hardwood floors and built-ins throughout. Spacious third floor walkup attic, full basement with washer and dryer hookups, a one car garage and additional off-street parking. 2 units, upper and lower. Each with 1,100 sqft, two bedrooms, one full bath, kitchen, dining area, living room and a private enclosed rear porch. The first floor unit also has a fireplace with original built-ins. Utilities are separated for each unit. The electric has been updated to breakers, and the hot water tanks and HVAC are in good working order.

Last Agent to Sell the Property

Scott Van Horn

Howard Hanna Real Estate Svcs License #2019006153 Listed on: 11/01/2021

Howard Hanna Real Estate Svcs

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

  • $1,126

Year Built

  • Built in 1890

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,212 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • Detached Garage
  • Off-Street Parking: 1

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 054-258264-00.000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,000
  • Gross Income $5,400
  • Net Operating Income $4,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,126

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1890
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Total Gross Income: 5400.0
  • Co List Office Phone: 740-334-9777
  • MLS Status: Closed
  • Income Expenses Gross Income: 5400.0
  • Annual Expenses: 1000.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2212.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features Detached Garage2: Yes
  • Parking Features 1 Car Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • 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: 054-258264-00.000
  • Lot Size Sq Ft: 7405.2

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 4400.0
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 1126.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 12, 2022
Sold by
Richard Burger
Bought by
Sax 2 Llc
Seller's Agent
Scott Van Horn
Howard Hanna Real Estate Svcs
Buyer's Agent
Vanessa Beneze
Century 21 Premiere Properties
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$181,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,313
Avg. Annual Appreciation
11.41%

Purchase Details

Closed on
Aug 6, 2008
Sold by
Burger Marjorie J and Burger Marjorie Jane
Bought by
Burger Richard

Purchase Details

Closed on
Feb 12, 2000
Sold by
Burger Marjorie J
Bought by
Burger Richard
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
Sax 2 Llc -- First Ohio Title
Burger Richard $70,000 Attorney
Burger Richard $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Burger Richard $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $115,000 -7.9% $52 / Sq Ft
04/15/2021 04/15/21 For Sale $124,900 -- $56 / 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 $2,093 $39,210 $9,210 $30,000
2023 $1,508 $39,210 $9,210 $30,000
2022 $1,065 $25,840 $6,550 $19,290
2021 $1,101 $25,450 $6,550 $18,900
2020 $6,430 $25,450 $6,550 $18,900
2019 $4,505 $19,570 $5,040 $14,530
2018 $3,991 $0 $0 $0
2017 $2,408 $0 $0 $0
2016 $10,354 $0 $0 $0
2015 $1,108 $0 $0 $0
2014 $2,308 $0 $0 $0
2013 $1,322 $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: 221011666

Columbus and Central Ohio Regional MLS

APN: 054-258264-00.000