NOT LISTED FOR SALE

55 N 7th St Newark, OH 43055

Estimated Value: $177,893

4 Beds
2 Baths
2,364 Sq Ft
$75/Sq Ft Est. Value

Last Sold February 13, 2025

Last sale price $170,000 $72 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,068/month

81 Days on Market

Highlights

  • Detached Garage
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

Step into a piece of history with this character-filled duplex, just minutes from the vibrant and ever-evolving heart of Downtown Newark. Whether you're looking for an owner-occupant opportunity or a savvy investment property, the possibilities are endless. The flexible layout allows for multiple uses, including rental income or a spacious single-family home conversion. This is an incredible opportunity to invest in the future of Newark. Vacant and easy to show!

Last Agent to Sell the Property

Sandy Raines

The Raines Group, Inc. License #432150 Listed on: 11/22/2024

Co-Listed By

Jennifer Bilchak

The Raines Group, Inc. License #2017000495

Last Buyer's Agent

Aaron Parks

Century 21 Frank Frye License #2004018171

Century 21 Frank Frye

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 1876

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,364 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • Detached Garage
  • 1 Carport Space

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 054-249420-00.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,410

Year Built

Built in 1876

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1876
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: c1158
  • Co List Office Phone: 614-924-9000
  • Co List Office Phone: 614-924-9000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 76.14
  • Remarks Misc Hot Sheet Comments: price
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2364.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Carports: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Garage/Parking

  • Parking Features Detached Garage2: Yes
  • Parking Features 1 Car Garage2: Yes
  • General Property Info Carport Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-249420-00.000
  • Lot Size Sq Ft: 6969.6
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1410.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Feb 12, 2025
Sold by
Frush Jamie L and Frush Carol R
Bought by
Neibert Riley
Seller's Agent
Sandy Raines
The Raines Group, Inc.
Buyer's Agent
Aaron Parks
Century 21 Frank Frye
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Views
53
Current Estimated Value
$177,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,893
Avg. Annual Appreciation
3.24%
Original Mortgage
$8,500
Outstanding Balance
$8,458
Interest Rate
7.04%
Estimated Equity
$167,729

Purchase Details

Closed on
Mar 6, 2002
Sold by
Shapiro Harvey
Bought by
Chrisman Keith and Chrisman Marylin
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
Neibert Riley $170,000 Chicago Title
Chrisman Keith $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neibert Riley $8,500
Open Neibert Riley $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $170,000 -5.6% $72 / Sq Ft
12/24/2024 12/24/24 Price Changed $180,000 -2.7% $76 / Sq Ft
11/22/2024 11/22/24 For Sale $185,000 -- $78 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $1,416 $38,570 $9,030 $29,540
2023 $1,413 $38,570 $9,030 $29,540
2022 $997 $24,160 $6,410 $17,750
2021 $1,045 $24,160 $6,410 $17,750
2020 $1,069 $24,160 $6,410 $17,750
2019 $856 $18,590 $4,940 $13,650
2018 $856 $0 $0 $0
2017 $820 $0 $0 $0
2016 $1,016 $0 $0 $0
2015 $1,038 $0 $0 $0
2014 $1,294 $0 $0 $0
2013 $1,094 $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: 224040980

Columbus and Central Ohio Regional MLS

APN: 054-249420-00.000

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