NOT LISTED FOR SALE

282 Mount Vernon Rd Newark, OH 43055

Estimated Value: $102,000 - $135,000

4 Beds
2 Baths
1,684 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $37,850 $22 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $710/month

37 Days on Market

About This Home

As of October 2017

INVESTMENT OPPORTUNITY!!! Downtown Newark is the place to be! This is a great time to buy a property in this area. Two units - one upstairs and one down. Both two bedroom, one bath. Both units have been updated with new kitchen cabinets, counters, and wood floors. Upstairs rented to two college students... $350 (month-to-month) and $300 (new one-year lease). Downstairs unit rent is $600, one-year lease. Total monthly rent is $1,250. Separate water, electric, and gas meters for each unit (owner pays water and trash). Updated wiring in kitchens and baths of both units. Kitchen appliances stay. Washer/dryer hookups in each unit.

Last Agent to Sell the Property

Lisa McKivergin

RE/MAX Premier Choice Listed on: 10/24/2017

Co-Listed By

Carol Marr

RE/MAX Premier Choice

Last Buyer's Agent

Lisa McKivergin

RE/MAX Town Center License #358997

RE/MAX Town Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,684 Sq Ft Home
  • Duplex

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 054-277722-00.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$822

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2016
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: 09322
  • Co List Office Phone: 740-366-1900
  • Co List Office Phone: 740-366-1900
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 23.75
  • Remarks Misc Hot Sheet Comments: new
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1684.0
  • General Property Info # of Buildings: 1.0
  • 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 On Street2: Yes

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-277722-00.000
  • Lot Size Sq Ft: 3484.8
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 822.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Oct 17, 2017
Sold by
Bazley & Bazley Properties Llc
Bought by
Bazley Faith A
Seller's Agent
Lisa McKivergin
RE/MAX Premier Choice
Buyer's Agent
Lisa McKivergin
RE/MAX Town Center
List Price
$40,000
Sold Price
$37,850
Premium/Discount to List
-$2,150
-5.38%
Current Estimated Value
$120,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,249
Avg. Annual Appreciation
14.98%

Purchase Details

Listed on
May 20, 2014
Closed on
Dec 22, 2014
Sold by
Hughes J Ryan and Hughes Rachael A
Bought by
Bazley & Bazley Properties Llc
Seller's Agent
Richard Barnes
Pickenpaugh & Ellington Realty
Buyer's Agent
Carol Marr
Coldwell Banker Realty
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%

Purchase Details

Closed on
Oct 9, 2007
Sold by
Barnes Richard L
Bought by
Hughes J Ryan and Hughes Rachael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2002
Sold by
Shrf Jeff Sycks Pr
Bought by
Wells Fargo Bank Minnesota

Purchase Details

Closed on
Sep 10, 1998
Sold by
Montgomery Virginia S
Bought by
Sycks Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,200
Interest Rate
7.06%
Mortgage Type
New Conventional
Source: Public Records
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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
Bazley Faith A $37,900 None Available
Bazley & Bazley Properties Llc $37,500 None Available
Hughes J Ryan $49,000 Lawyers Tit
Wells Fargo Bank Minnesota $55,000 --
Sycks Jeff $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes J Ryan $44,100
Previous Owner Sycks Jeff $27,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2017 10/17/17 Sold $37,850 -5.4% $22 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $40,000 +60.0% $24 / Sq Ft
12/22/2014 12/22/14 Sold $25,000 -37.3% $15 / Sq Ft View Prior Sale
11/22/2014 11/22/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $39,900 -- $24 / 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 $1,057 $28,780 $6,410 $22,370
2023 $1,055 $28,780 $6,410 $22,370
2022 $794 $19,220 $3,290 $15,930
2021 $833 $19,220 $3,290 $15,930
2020 $852 $19,220 $3,290 $15,930
2019 $691 $14,980 $2,730 $12,250
2018 $691 $0 $0 $0
2017 $662 $0 $0 $0
2016 $822 $0 $0 $0
2015 $840 $0 $0 $0
2014 $1,047 $0 $0 $0
2013 $841 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lisa McKivergin

    RE/MAX

  • C

    Seller Co-Listing Agent in 2017

    Carol Marr

    RE/MAX

  • R

    Seller's Agent in 2014

    Richard Barnes

    Pickenpaugh & Ellington Realty

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217029898

Columbus and Central Ohio Regional MLS

APN: 054-277722-00.000

Ohio Licking County Newark 43055

282 Mount Vernon Rd, Newark, OH

Not Listed for Sale

MultiFamily

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