NOT LISTED FOR SALE

488 Welcome Rd Newark, OH 43055

Estimated Value: $382,134 - $487,000

3 Beds
3 Baths
3,040 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $310,000 $102 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,615/month

35 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Great Room
  • Wood Burning Stove
  • Wood Flooring
  • No HOA

About This Home

As of February 2020

Pride of ownership throughout this OUTSTANDING ranch w/ so much appeal! This home features an open floor plan highlighted by HW floors & a vaulted GR w/ a gas fp. 3 main level BRs, incl a lovely Owner's Ste & private remodeled Bath. Long list of updates w/i the last 3 years incl: new black SS Kitchen appls, new laminate flooring, composite Deck, XL Shed, water softener, reverse osmosis, whole house generator, fresh paint, new furnace, AC, updated Baths, landscape & more! Beautifully finished LL ('17) adds so much quality living space w/ a Rec/Family Room w/ a pellet stove, insulated walls, exceptional tongue & groove ceiling & attractive laminate flooring. New full Bath in the LL ('18) and Den ('18) with ship-lap & a charming decorative fp. Nothing left to do but move in & enjoy!

Last Agent to Sell the Property

Hugh Price

Howard HannaRealEstateServices License #2002023153 Listed on: 01/08/2020

Last Buyer's Agent

Edward Hutchison

Best Homes Real Estate Ltd. License #2012002214

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 2005

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3,040 Sq Ft Home
  • Wood Burning Stove
  • Decorative Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 054-283476-00.040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,795

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 2005
  • Tax Year: 2018
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.21
  • Co List Office Phone: 740-587-7319
  • MLS Status: Closed
  • Subdivision Name: TIMCYN WOODS
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Realist
  • Reso Fireplace Features: Wood Burning Stove, Decorative, Gas Log
  • Reso Interior Features: Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator
  • Unit Levels: One
  • New Construction: No
  • Reso Window Features: Insulated All
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Flooring Laminate-Artificial: Yes
  • Interior Amenities Microwave: Yes
  • Rooms Rec RmBsmt: Yes
  • Foundation:Block: Yes
  • Exterior Vinyl Siding: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Exterior:Stone: Yes
  • Interior Amenities Electric Dryer Hookup: Yes
  • Interior Amenities Electric Range: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Rooms 1st Flr Laundry: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Other Structures Storage Shed: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Downstairs 1 Full Bathrooms: 1
  • Entry Level Full Bathrooms: 2
  • Basement: Full
  • Entry Level Dining Room: 1
  • Entry Level Eating Space: 1
  • Downstairs 1 Family Room: 1
  • Entry Level Great Room: 1
  • Recreation Room (Downstairs 1): 1
  • Utility Space (Entry Level): 1
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Wood, Laminate, Carpet
  • Main Level Bedrooms: 3
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Decorative: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Deck
  • Patio and Porch Features Patio: Yes
  • Patio and Porch Features Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached Garage
  • Parking Features 2 Car Garage: Yes
  • Parking Features Attached Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-283476-00.040
  • Lot Size Sq Ft: 9147.6

Tax Info

  • Tax Annual Amount: 2795.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 14, 2020
Sold by
Baker Mark R and Baker Devita I
Bought by
Britton Michael S and Britton Tammy S
Seller's Agent
Hugh Price
Howard HannaRealEstateServices
Buyer's Agent
Edward Hutchison
Best Homes Real Estate Ltd.
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Current Estimated Value
$436,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,284
Avg. Annual Appreciation
6.21%
Original Mortgage
$248,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 13, 2016
Sold by
Smith Thomas M
Bought by
Baker Mark R and Baker Devita I
Seller's Agent
Patrick Guanciale
Coldwell Banker Realty
Buyer's Agent
Hugh Price
Howard HannaRealEstateServices
List Price
$226,900
Sold Price
$222,500
Premium/Discount to List
-$4,400
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$222,500
Interest Rate
3.54%
Mortgage Type
VA

Purchase Details

Closed on
Dec 1, 2008
Sold by
Beverley David P and Beverley Tomma R
Bought by
Smith Thomas M and Smith Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,520
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2005
Sold by
Lc Development Of Licking County Ltd
Bought by
Beverley David P and Beverley Tomma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Britton Michael S $310,000 First Ohio Title Insurance
Baker Mark R $222,500 First Ohio Title Insurance
Smith Thomas M $181,900 Prosperity
Beverley David P $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Britton Michael S $248,000
Closed Baker Mark R $222,500
Closed Smith Thomas M $145,520
Closed Beverley David P $138,000
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 $310,000 -- --
02/14/2020 02/14/20 Sold $310,000 +3.4% $102 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $299,900 0.0% $99 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $299,900 +34.8% $99 / Sq Ft
07/19/2016 07/19/16 Sold $222,500 -1.9% $121 / Sq Ft View Prior Sale
06/19/2016 06/19/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $226,900 -- $123 / 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 $3,698 $103,470 $16,770 $86,700
2023 $3,692 $103,470 $16,770 $86,700
2022 $3,242 $80,920 $13,160 $67,760
2021 $3,400 $80,920 $13,160 $67,760
2020 $3,477 $80,920 $13,160 $67,760
2019 $2,793 $62,580 $11,970 $50,610
2018 $2,795 $0 $0 $0
2017 $2,767 $0 $0 $0
2016 $2,797 $0 $0 $0
2015 $2,858 $0 $0 $0
2014 $3,662 $0 $0 $0
2013 $2,702 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hugh Price

    Seller's Agent in 2020

    Hugh Price

    Howard HannaRealEstateServices

    (740) 404-2399

    201 in this area

    511 Total Sales

    Hugh Price
    Section Image

  • E

    Buyer's Agent in 2020

    Edward Hutchison

    Best Homes Real Estate Ltd.

    (740) 364-8351

    16 in this area

    23 Total Sales

    Edward Hutchison
    Section Image

  • P

    Seller's Agent in 2016

    Patrick Guanciale

    Coldwell Banker Realty

    (740) 258-3283

    68 in this area

    115 Total Sales

    Patrick Guanciale
    Section Image
  • Andrew Guanciale

    Seller Co-Listing Agent in 2016

    Andrew Guanciale

    Coldwell Banker Realty

    (740) 403-6444

    297 in this area

    559 Total Sales

    Andrew Guanciale
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220000638

Columbus and Central Ohio Regional MLS

APN: 054-283476-00.040

Ohio Licking County Newark 43055

488 Welcome Rd, Newark, OH

This home is located at 488 Welcome Rd, Newark, OH 43055 since 08 January 2020 and is currently estimated at $436,284, approximately $143 per square foot. This property was built in 2005. 488 Welcome Rd is a home located in Licking County with nearby schools including Hillview Elementary School, Heritage Middle School, and Newark 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.

Nearby Homes