K
Seller's Agent in 2019
Kyle Hall
Century 21 Frank Frye
(740) 504-5837
35 in this area
59 Total Sales
264 W Locust St Newark, OH 43055
Estimated Value: $175,000 - $287,000
--
Bed
--
Bath
3,456
Sq Ft
$71/Sq Ft
Est. Value
About This Home
As of July 2019MULTI-FAMILY-CHECK OUT THIS INCOME PRODUCING PROPERTY! 4 unit buildings each on a separate lot being sold together with neighboring property, 272 W. Locust St. for a total list price of $281,600...Sidewalk in middle connects the buildings. So both need to sell together for one combined purchase. Both combined parcels contain a total of .39 acres. Each building contains 4, 2 bedroom units. Each have one bath * a small closet with washer & dryer hook-ups. Each building is 1728 sq. ft. 2 units need repairs before tenants can move in. There is potential to raise rents. There are some long term tenants here. Highest rent currently charged is $600/unit. If updates are made, rent could be increased.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,791
Year Built
- Built in 1970
Lot Details
- 9,148
Home Design
- 3,456 Sq Ft Home
- Brick Exterior Construction
- Frame Construction
Parking
- On-Street Parking
- Off-Street Parking: 1
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Washer and Dryer Hookup
- 9,148 Sq Ft Lot
Community Details
- 4 Units
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 054-246810-00.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2019
Closed on
Jul 18, 2019
Sold by
Tolo Enterprises Llc
Bought by
Asset 1 Investments Llc
Seller's Agent
Kyle Hall
Century 21 Frank Frye
Buyer's Agent
Kyle Hall
Century 21 Frank Frye
List Price
$281,600
Sold Price
$281,600
Total Days on Market
1
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
-$37,600
Avg. Annual Appreciation
0.08%
Original Mortgage
$465,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 15, 2014
Sold by
Boyce Donald R
Bought by
Tolo Enterprises Llc
Purchase Details
Closed on
Aug 28, 2012
Sold by
Boyce Donald F and Boyce Darlene S
Bought by
Boyce Donald F and Donald F Boyce Living Trust
Purchase Details
Closed on
Feb 6, 1997
Sold by
Briner Robert H
Bought by
Boyce Donald F and Boyce Darlene S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.73%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Asset 1 Investments Llc | $415,600 | Ambassador Title | |
| Tolo Enterprises Llc | $846,000 | None Available | |
| Boyce Donald F | -- | None Available | |
| Boyce Donald F | $100,250 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Asset 1 Investments Llc | $347,200 | |
| Closed | Asset 1 Investments Llc | $465,000 | |
| Previous Owner | Tolo Enterprises Llc | $1,372,924 | |
| Previous Owner | Tolo Enterprises Llc | $1,272,457 | |
| Previous Owner | Tolo Enterprises Llc | $1,022,800 | |
| Previous Owner | Boyce Donald F | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2019 07/18/19 | Sold | $281,600 | 0.0% | $81 / Sq Ft |
| 06/12/2019 06/12/19 | Pending | -- | -- | -- |
| 06/11/2019 06/11/19 | For Sale | $281,600 | -- | $81 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History Compared to Growth
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 | $4,188 | $78,470 | $15,400 | $63,070 |
| 2023 | $3,228 | $78,470 | $15,400 | $63,070 |
| 2022 | $2,347 | $49,290 | $11,030 | $38,260 |
| 2021 | $2,472 | $49,290 | $11,030 | $38,260 |
| 2020 | $2,518 | $49,290 | $11,030 | $38,260 |
| 2019 | $2,769 | $53,910 | $11,030 | $42,880 |
| 2018 | $2,791 | $0 | $0 | $0 |
| 2017 | $2,648 | $0 | $0 | $0 |
| 2016 | $2,964 | $0 | $0 | $0 |
| 2015 | $3,035 | $0 | $0 | $0 |
| 2014 | $3,099 | $0 | $0 | $0 |
| 2013 | $2,600 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Hall
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 219020931
APN: 054-246810-00.000
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