NOT LISTED FOR SALE

503 Central Ave Newark, TX 76071

Estimated Value: $210,000 - $243,000

3 Beds
1 Bath
1,584 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 31, 2023

Current estimated payment $1,350/month

26 Days on Market

Highlights

  • Covered Patio or Porch
  • Bay Window
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of August 2023

If you're wanting to Start Investing in Real Estate, HERE's YOUR SIGN!! OR?! Looking for a Starter home? This is a Great 1st Time Home Owner property for that young family! 3 bedrooms and 1 bathroom. All completely remodeled over the last few years. Conveniently located in quiet Newark, 1 block from the Park & Fire Station, 3 blocks from the Post Office. Easy 2.8 mile drive to Kenneth Copeland Ministries, EMIC & KCBC- This location is a great fit for the hundreds of KCBC students looking for rental property each year. A wonderful Investment opportunity for the savvy investor. There is a severe shortage of rental properties available this close to KCBC and this property & location fit the bill!
The Future Belongs to Those Who Take Action! Don't wait or it'll be too late!

Last Agent to Sell the Property

Greg Melvin

Helen Painter Group, REALTORS Brokerage Phone: 817-923-7321 License #0716024 Listed on: 04/26/2023

Last Buyer's Agent

Marci Gisler

Monument Realty License #0786905

Monument Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,333

Year Built

  • Built in 1985

Lot Details

  • 9,583 Sq Ft Lot
  • Chain Link Fence
  • Few Trees

Parking

  • 1 Carport Space

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Bay Window
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Sevenhills Elementary School
  • Chisholmtr Middle School
  • Northwest High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Caint Brush Surv A 93 Subdivision

Listing and Financial Details

  • Assessor Parcel Number A0093908600
  • Tax Block 50
  • $3,659 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,333

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 817-923-7321
  • Special Features: None
  • Year Built: 1985

Interior Features

  • Square Footage: 1584.00
  • Windows: Bay Window(s)
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Other
  • Appliances: Other
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 5

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Vinyl Siding
  • Exterior Features: Covered Patio/Porch, Storage
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Carport Spaces: 1
  • Total Covered Spaces: 1
  • Parking Features: Covered
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Northwest ISD
  • Elementary School: Sevenhills
  • Middle School: Chisholmtr
  • High School: Northwest
  • School District: Northwest ISD
  • Elementary School: Sevenhills

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2200
  • Parcel Number: A0093908600
  • Lot Size Acres: 0.2200
  • Lot Size Sq Ft: 9583.2000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1985

Tax Info

  • Unexempt Taxes: 3659
  • TaxBlock: 50

MLS Schools

  • Middle School Name: Chisholmtr
  • Elementary School Name: Sevenhills
  • High School Name: Northwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Mar 21, 2019
Sold by
Barreras Maria M
Bought by
Zahner Gloria F
Seller's Agent
Kay Rollins
Superior Real Estate Group
Buyer's Agent
Greg Melvin
Helen Painter Group, REALTORS
List Price
$79,900
Current Estimated Value
$227,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.08%
Original Mortgage
$50,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 14, 2018
Sold by
Callaway Pat and Callaway Edgar Padgett
Bought by
Barreras Maria M
Seller's Agent
Beverlee Eddy
Slate Real Estate
Buyer's Agent
Beverlee Eddy
Slate Real Estate
List Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.68%

Purchase Details

Closed on
Jan 23, 2014
Sold by
Leonard Brent Wayne and Moschella Sharon Denise
Bought by
Callaway Pat

Purchase Details

Closed on
Jan 1, 1901
Bought by
Callaway Pat
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
Zahner Gloria F -- Fidelity National Title Azle
Barreras Maria M -- Fidelity National Title
Callaway Pat -- Mcknight Title
Callaway Pat -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shadix Stetson Anthony $160,050
Closed Zahner Gloria F $77,503
Closed Zahner Gloria F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold -- -- --
07/22/2023 07/22/23 Price Changed $179,000 -5.8% $113 / Sq Ft
05/24/2023 05/24/23 For Sale $190,000 0.0% $120 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $190,000 +137.8% $120 / Sq Ft
03/25/2019 03/25/19 Sold -- -- --
03/06/2019 03/06/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $79,900 +22.9% $50 / Sq Ft
06/14/2018 06/14/18 Sold -- -- --
05/13/2018 05/13/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $65,000 -- $41 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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
2025 $1,333 $201,927 $42,274 $159,653
2024 $1,333 $201,927 $42,274 $159,653
2023 $3,825 $215,072 $45,903 $169,169
2022 $3,659 $166,573 $18,700 $147,873
2021 $3,091 $129,010 $12,100 $116,910
2020 $1,500 $62,490 $12,100 $50,390
2019 $1,315 $53,000 $7,140 $45,860
2018 $2,096 $53,000 $7,140 $45,860
2017 $1,945 $77,990 $7,350 $70,640
2016 $1,731 $72,950 $7,350 $65,600
2015 -- $69,400 $7,350 $62,050
2014 -- $64,140 $5,340 $58,800
Source: Public Records

Agents Affiliated with this Home

  • Greg Melvin

    Seller's Agent in 2023

    Greg Melvin

    Helen Painter Group, REALTORS

    (402) 216-5984

    13 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Marci Gisler

    Monument Realty

    Section Image

  • K

    Seller's Agent in 2019

    Kay Rollins

    Superior Real Estate Group

    Section Image

  • B

    Seller's Agent in 2018

    Beverlee Eddy

    Slate Real Estate

    (817) 614-1096

    20 Total Sales

    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20312844

North Texas Real Estate Information Systems (NTREIS)

APN: A0093908600

Texas Wise County Newark 76071

503 Central Ave, Newark, TX

This home is located at 503 Central Ave, Newark, TX 76071 since 26 April 2023 and is currently estimated at $227,402, approximately $143 per square foot. This property was built in 1985. 503 Central Ave is a home located in Wise County with nearby schools including Seven Hills Elementary School, Chisholm Trail Middle School, and Northwest 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.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

Nearby Homes