NOT LISTED FOR SALE

235 W Main St Newark, OH 43055

Estimated Value: $106,069 - $332,000

2 Beds
1 Bath
1,500 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $150,000 $100 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,135/month

15 Days on Market

About This Home

As of April 2023

Updated 4-Unit property located just steps away from Downtown Newark. 4- 1 bedroom units currently month to month for $750/each. Approved to accept Metro Housing Vouchers. Tenant Occupied, Please do not disturb tenants. Curb Offers only! Can be packaged with 229 Main St and 239 Main St.

Last Agent to Sell the Property

Justin Schone

RE/MAX ONE License #2006005465 Listed on: 03/13/2023

RE/MAX ONE

Last Buyer's Agent

Leigh Merriman

Merriman and Co. Real Estate License #2020006057

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $573

Year Built

  • Built in 1900

Lot Details

  • 5,663

Home Design

  • 1,500 Sq Ft Home
  • Mixed Use

Parking

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

Additional Features

  • 5,663 Sq Ft Lot
  • Gas Available

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 054-208878-00.000

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $7,200
  • Gross Income $28,000
  • Net Operating Income $20,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$573

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 28000.0
  • Co List Office Phone: 614-729-7555
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 99.93
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 28000.0
  • Annual Expenses: 7200.0
  • General Property Info Building Sq Ft: 1500.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features Shared Driveway2: Yes
  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-208878-00.000
  • Lot Size Sq Ft: 5662.8

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 20800.0
  • Annual Operating Expense: 7200.0

Tax Info

  • Tax Annual Amount: 573.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2020
Sold by
Benner Travis
Bought by
Needles Deborah Dee
Current Estimated Value
$207,767

Purchase Details

Closed on
Nov 22, 2006
Sold by
First Fsla Of Newark
Bought by
Benner Travis

Purchase Details

Closed on
Oct 13, 2006
Sold by
Valdez Juan J
Bought by
First Fsla Of Newark

Purchase Details

Closed on
Mar 11, 2005
Sold by
Jp Morgan Chase Bank
Bought by
Valdez Juan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2004
Sold by
Arnott Lewis E and Arnott Brenda K
Bought by
Jp Morgan Chase Bank
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Needles Deborah Dee -- Capital City Title Agcy Llc
Benner Travis $11,000 Lawyers
First Fsla Of Newark $13,334 First Fe
Valdez Juan J $17,500 --
Jp Morgan Chase Bank $40,000 U S Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valdez Juan J $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold $150,000 +0.1% $100 / Sq Ft
03/11/2023 03/11/23 For Sale $149,900 -- $100 / 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 $707 $19,290 $6,550 $12,740
2023 $706 $19,290 $6,550 $12,740
2022 $573 $13,970 $3,430 $10,540
2021 $601 $13,970 $3,430 $10,540
2020 $621 $13,970 $3,430 $10,540
2019 $539 $11,660 $2,870 $8,790
2018 $539 $0 $0 $0
2017 $517 $0 $0 $0
2016 $508 $0 $0 $0
2015 $519 $0 $0 $0
2014 $646 $0 $0 $0
2013 $496 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223006454

Columbus and Central Ohio Regional MLS

APN: 054-208878-00.000