NOT LISTED FOR SALE

252 W Locust St Newark, OH 43055

Estimated Value: $159,000 - $188,000

3 Beds
3 Baths
2,420 Sq Ft
$71/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $123,844 $51 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,185/month

14 Days on Market

About This Home

As of March 2021

Very spacious and move in condition. High ceilings, newer carpet. All kitchen appliances remain. Unit A has tenant. Pays $600 a month rent. Unit B and C vacant. Owner pays all utilities but the electric does have separate meters. 2 decorative fireplaces. Washer and dryer belong to tenant. Barn/garage shared with tenants.
BACK ON THE MARKET! BUYER COULD NOT FUND!

Last Agent to Sell the Property

Maxine Becker

Coldwell Banker Realty License #333125 Listed on: 01/30/2021

Coldwell Banker Realty

Last Buyer's Agent

Christopher Davisson

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1880

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 2,420 Sq Ft Home
  • Fireplace
  • Basement

Parking

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Available

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 054-255930-00.000

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $9,999
  • Gross Income $1,800
  • Net Operating Income $9,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,190

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1880
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.21
  • Total Gross Income: 1800.0
  • Co List Office Phone: 740-366-3318
  • MLS Status: Closed
  • Income Expenses Gross Income: 1800.0
  • Annual Expenses: 9999.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2420.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • 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

Exterior Features

  • Construction:Frame: Yes

Utilities

  • Cooling Y N: Yes
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-255930-00.000
  • Lot Size Sq Ft: 9147.6
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 9999.0
  • Annual Operating Expense: 9999.0

Tax Info

  • Tax Annual Amount: 1190.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Vee Property Management Llc
Bought by
Mid Management Llc
Total Days on Market
14
Current Estimated Value
$171,131

Purchase Details

Closed on
Jul 8, 2022
Sold by
Edward Volinsky John and Edward Laura A
Bought by
Vee Property Management Llc

Purchase Details

Listed on
Jan 30, 2021
Closed on
Feb 26, 2021
Sold by
Burger Marjorie J and Burger Marjorie Jane
Bought by
Volinsky John E and Volinsky Laura A
Seller's Agent
Maxine Becker
Coldwell Banker Realty
Buyer's Agent
Christopher Davisson
Coldwell Banker Realty
List Price
$125,444
Sold Price
$123,844
Premium/Discount to List
-$1,600
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$106,250
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Mid Management Llc $1,767,766 None Listed On Document
Vee Property Management Llc -- None Listed On Document
Volinsky John E $123,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Volinsky John E $106,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $123,844 -1.3% $51 / Sq Ft
01/29/2021 01/29/21 For Sale $125,444 0.0% $52 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $125,444 -- $52 / 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 $2,685 $50,300 $10,920 $39,380
2023 $1,842 $50,300 $10,920 $39,380
2022 $1,369 $33,680 $7,740 $25,940
2021 $1,449 $33,680 $7,740 $25,940
2020 $1,488 $33,680 $7,740 $25,940
2019 $1,190 $25,900 $5,950 $19,950
2018 $1,190 $0 $0 $0
2017 $1,140 $0 $0 $0
2016 $831 $0 $0 $0
2015 $849 $0 $0 $0
2014 $1,058 $0 $0 $0
2013 $896 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maxine Becker

    Seller's Agent in 2021

    Maxine Becker

    Coldwell Banker Realty

    (740) 404-0745

    26 in this area

    51 Total Sales

    Maxine Becker
    Section Image

  • C

    Buyer's Agent in 2021

    Christopher Davisson

    Coldwell Banker Realty

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220033203

Columbus and Central Ohio Regional MLS

APN: 054-255930-00.000

Ohio Licking County Newark 43055

252 W Locust St, Newark, OH

This home is located at 252 W Locust St, Newark, OH 43055 since 30 January 2021 and is currently estimated at $171,131, approximately $70 per square foot. This property was built in 1880. 252 W Locust St is a home located in Licking County with nearby schools including Mcguffey Elementary School, Wilson Middle School, and Newark High School.

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