NOT LISTED FOR SALE

40 Spring Dr NE Newark, OH 43055

Madison Neighborhood

Estimated Value: $182,000 - $256,000

3 Beds
1 Bath
936 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $92,500 $99 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,417/month

90 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

Great Starter or retirement home. 3 Bedroom and 1 Bath with full basement. 1 Car carport ranch home on Large lot. Close to Licking Valley High School.

Last Agent to Sell the Property

Donna Pickenpaugh

Pickenpaugh & Ellington Realty License #406140 Listed on: 04/06/2017

Last Buyer's Agent

Bobbie Buxton

Coldwell Banker Realty License #2010000378

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,279

Year Built

  • Built in 1971

Lot Details

  • 0.51 Acre Lot

Parking

  • 1 Carport Space

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • Insulated Windows
  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 048-163344-00.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,279

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1971
  • Tax Year: 2016
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.51
  • Co List Office Phone: 740-366-5533
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Reso Interior Features: Dishwasher, Electric Range
  • Unit Levels: One
  • New Construction: No
  • Reso Window Features: Insulated All
  • Basement Basement YN2: Yes
  • Rooms LL Laundry: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Laminate-Artificial: Yes
  • Foundation:Block: Yes
  • Exterior Vinyl Siding: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities Electric Range: Yes
  • Exterior Amenities Waste TrSys: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Water Source Well: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 1
  • Basement: Full
  • Entry Level Dining Room: 1
  • Entry Level Eating Space: 1
  • Entry Level Living Room: 1
  • Utility Space (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Main Level Bedrooms: 3
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Exterior Features: Waste Tr/Sys
  • Foundation Details: Block

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LICKING VALLEY LSD 4506 LIC CO.

Lot Info

  • Parcel Number: 048-163344-00.000
  • Lot Size Sq Ft: 22215.6

Tax Info

  • Tax Annual Amount: 1279.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jul 21, 2017
Sold by
Lehman James E and Lehman Ruth A
Bought by
May Kenneth J and May Heather C R
Seller's Agent
Donna Pickenpaugh
Pickenpaugh & Ellington Realty
Buyer's Agent
Bobbie Buxton
Coldwell Banker Realty
List Price
$109,900
Sold Price
$92,500
Premium/Discount to List
-$17,400
-15.83%
Current Estimated Value
$216,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,249
Avg. Annual Appreciation
10.67%
Original Mortgage
$90,824
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2001
Sold by
Keeran Benjamin R
Bought by
Lehman James E and Lehman Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.37%
Mortgage Type
New Conventional
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
May Kenneth J $92,500 None Available
Lehman James E $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Kenneth J $89,500
Closed May Kenneth J $90,824
Previous Owner Lehman James E $75,000
Previous Owner Lehman James E $142,000
Previous Owner Lehman James E $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Off Market $92,500 -- --
07/24/2017 07/24/17 Sold $92,500 -15.8% $99 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $109,900 -- $117 / 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 $2,938 $50,270 $14,110 $36,160
2023 $1,867 $50,270 $14,110 $36,160
2022 $1,302 $31,400 $7,770 $23,630
2021 $1,331 $31,400 $7,770 $23,630
2020 $1,331 $31,400 $7,770 $23,630
2019 $1,087 $26,320 $7,070 $19,250
2018 $1,099 $0 $0 $0
2017 $1,207 $0 $0 $0
2016 $1,279 $0 $0 $0
2015 $1,285 $0 $0 $0
2014 $1,740 $0 $0 $0
2013 $1,282 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Donna Pickenpaugh

    Pickenpaugh & Ellington Realty

    (740) 366-5533

    2 in this area

    60 Total Sales

    Donna Pickenpaugh
    Section Image

  • B

    Buyer's Agent in 2017

    Bobbie Buxton

    Coldwell Banker Realty

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217008211

Columbus and Central Ohio Regional MLS

APN: 048-163344-00.000

Ohio Licking County Newark 43055 Madison

40 Spring Dr NE, Newark, OH

This home is located at 40 Spring Dr NE, Newark, OH 43055 since 06 April 2017 and is currently estimated at $216,749, approximately $231 per square foot. This property was built in 1971. 40 Spring Dr NE is a home located in Licking County with nearby schools including Licking Valley Elementary School, Licking Valley Middle School, and Licking Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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