NOT LISTED FOR SALE

438 Central Ave Newark, OH 43055

Estimated Value: $139,542 - $167,000

4 Beds
2 Baths
1,700 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $150,000 $88 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $899/month

35 Days on Market

About This Home

As of November 2023

Welcome to this beautiful duplex house hack opportunity! This property boasts a total of 4 beds and 2 baths. 2 oversized bedrooms, 1 bathroom in the upper unit, and 2 Bed 1 Bath with laundry in the lower unit. Spacious kitchen that has been updated in the past year. This property is ideally located minutes from downtown Newark, OSU Newark Campus. Located closely to highway. EZ2C!

Last Agent to Sell the Property

Don Payne

Vision Realty, Inc. License #0000285166 Listed on: 09/27/2023

Last Buyer's Agent

Marty Anders

Red 1 Realty License #428330

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 1,700 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 054-268638-00.000

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,000
  • Net Operating Income $80

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$784

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 24000.0
  • Co List Office Phone: 614-267-2223
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 91.18
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 24000.0
  • General Property Info Building Sq Ft: 1700.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-268638-00.000
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 80.0

Tax Info

  • Tax Annual Amount: 784.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 6, 2023
Sold by
Brooke Sousa Capital Llc
Bought by
Lee Daclaud
Seller's Agent
Don Payne
Vision Realty, Inc.
Buyer's Agent
Marty Anders
Red 1 Realty
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Views
37
Current Estimated Value
$156,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,886
Avg. Annual Appreciation
2.14%
Original Mortgage
$127,500
Outstanding Balance
$125,331
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$31,555

Purchase Details

Closed on
Oct 21, 2022
Sold by
Beery James and Beery Ronna Gayle
Bought by
Brooke Sousa Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.02%
Mortgage Type
Construction
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
Lee Daclaud $150,000 None Listed On Document
Brooke Sousa Capital Llc $53,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Daclaud $127,500
Previous Owner Brooke Sousa Capital Llc $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $150,000 -3.2% $88 / Sq Ft
10/11/2023 10/11/23 Price Changed $155,000 -3.1% $91 / Sq Ft
09/06/2023 09/06/23 For Sale $159,900 -- $94 / 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 $1,041 $28,780 $11,100 $17,680
2023 $1,055 $28,780 $11,100 $17,680
2022 $784 $18,980 $6,270 $12,710
2021 $823 $18,980 $6,270 $12,710
2020 $841 $18,980 $6,270 $12,710
2019 $691 $14,990 $5,220 $9,770
2018 $691 $0 $0 $0
2017 $641 $0 $0 $0
2016 $607 $0 $0 $0
2015 $620 $0 $0 $0
2014 $773 $0 $0 $0
2013 $624 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Payne

    Seller's Agent in 2023

    Don Payne

    Vision Realty, Inc.

    (614) 323-4348

    10 in this area

    413 Total Sales

    Don Payne
    Section Image
  • Marty Anders

    Buyer's Agent in 2023

    Marty Anders

    Red 1 Realty

    (614) 419-1518

    1 in this area

    28 Total Sales

    Marty Anders
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223029048

Columbus and Central Ohio Regional MLS

APN: 054-268638-00.000

Ohio Licking County Newark 43055

438 Central Ave, Newark, OH

Not Listed for Sale

MultiFamily

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