NOT LISTED FOR SALE

376 Hudson Ave Newark, OH 43055

Estimated Value: $812,000 - $874,000

-- Bed
-- Bath
13,401 Sq Ft
$63/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $1,350,000 $101 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $5,320/month

6 Days on Market

About This Home

As of April 2023

Beautifully updated 1 bed/1 bath units on historic Hudson Ave in Newark Open concept living with dining area off kitchen. Large bedroom and bath, with plenty of room for storage Off street parking lot with 20 parking spots. Laundry facilities on site. $725/month with 1 month security deposit.

Last Agent to Sell the Property

Leigh Merriman

Merriman and Co. Real Estate License #2020006057 Listed on: 02/03/2023

Last Buyer's Agent

Valerie Tivin

Best Corporate Real Estate License #2019002160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,774

Year Built

  • Built in 1965

Lot Details

  • 0.43

Home Design

  • 13,401 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 20 Parking Spaces
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Heating Available

Additional Features

  • Washer and Dryer Hookup
  • 0.43 Acre Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 054-270222-00.000

Community Details

Overview

  • 14 Units
  • Mid-Rise Condominium

Building Details

  • Electric Expense $936
  • Insurance Expense $5,376
  • Maintenance Expense $4,800
  • Water Sewer Expense $1,560
  • Operating Expense $28,992
  • Gross Income $124,800
  • Net Operating Income $95,808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,774

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1965
  • Tax Year: 2022
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.43
  • Total Gross Income: 124800.0
  • Professional Management Expense: 4800.0
  • Co List Office Phone: 614-747-1085
  • MLS Status: Closed
  • Subdivision Name: Historic Hudson District
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 124800.0
  • Annual Expenses: 28992.0
  • General Property Info Building Sq Ft: 13401.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 20.0
  • Parking Features Assigned2: Yes
  • Parking Features Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Electricity Available

Fee Information

  • Annual Water Sewer Expense: 1560.0

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-270222-00.000
  • Lot Size Sq Ft: 18730.8
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 14
  • Electric Expense: 936.0
  • Insurance Expense: 5376.0
  • Maintenance Expense: 4800.0
  • Net Operating Income: 95808.0
  • Annual Operating Expense: 28992.0

Tax Info

  • Tax Annual Amount: 9773.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Apr 3, 2023
Sold by
First Light Realty Llc
Bought by
376 Hudson Llc
Seller's Agent
Leigh Merriman
Merriman and Co. Real Estate
Buyer's Agent
Valerie Tivin
Best Corporate Real Estate
List Price
$1,375,000
Sold Price
$1,350,000
Premium/Discount to List
-$25,000
-1.82%
Views
112
Current Estimated Value
$843,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$507,000
Avg. Annual Appreciation
-17.29%
Original Mortgage
$945,000
Outstanding Balance
$842,072
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$928

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 18, 2019
Sold by
Crb Rentals Llc
Bought by
First Light Realty Llc
Seller's Agent
Richard Pinkerton
Pinkerton Real Estate Services
Buyer's Agent
Tae Kim
Key Realty
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.24%
Original Mortgage
$472,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 19, 2017
Sold by
Abd Properties Llc
Bought by
Crb Rentals Llc
Seller's Agent
Frank Murphy
Pinkerton Real Estate Services
Buyer's Agent
Kelly Abbott
Howard Hanna Real Estate Svcs
List Price
$490,000
Sold Price
$455,000
Premium/Discount to List
-$35,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Original Mortgage
$364,000
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2014
Sold by
Dodd Samuel T
Bought by
Abd Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
376 Hudson Llc -- None Listed On Document
376 Hudson Llc -- --
First Light Realty Llc $266,667 Chicago Title
Crb Rentals Llc $455,000 None Available
Abd Properties Llc $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 376 Hudson Llc $945,000
Previous Owner First Light Realty Llc $472,000
Previous Owner Crb Rentals Llc $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2025 03/27/25 Off Market $725 -- --
04/11/2023 04/11/23 Sold $1,350,000 -1.8% $101 / Sq Ft
02/03/2023 02/03/23 For Sale $1,375,000 0.0% $103 / Sq Ft
02/01/2023 02/01/23 Rented $725 0.0% --
12/14/2022 12/14/22 For Rent $725 0.0% --
10/18/2019 10/18/19 Sold $600,000 -4.0% $45 / Sq Ft View Prior Sale
09/08/2019 09/08/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $625,000 +37.4% $47 / Sq Ft
10/19/2017 10/19/17 Sold $455,000 -7.1% $34 / Sq Ft View Prior Sale
09/19/2017 09/19/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $490,000 -- $37 / 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 $9,992 $242,520 $31,470 $211,050
2023 $9,472 $242,520 $31,470 $211,050
2022 $9,774 $205,800 $19,670 $186,130
2021 $10,297 $205,800 $19,670 $186,130
2020 $10,486 $205,800 $19,670 $186,130
2019 $8,168 $159,250 $19,670 $139,580
2018 $8,232 $0 $0 $0
2017 $5,688 $0 $0 $0
2016 $5,809 $0 $0 $0
2015 $5,920 $0 $0 $0
2014 $5,218 $0 $0 $0
2013 $4,381 $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: 223002781

Columbus and Central Ohio Regional MLS

APN: 054-270222-00.000