553 W Main St Unit 555 Newark, OH 43055
Estimated Value: $136,000 - $193,000
3
Beds
2
Baths
2,236
Sq Ft
$72/Sq Ft
Est. Value
About This Home
As of May 2022Come check out this great cash-flowing duplex in Newark! The One-Bedroom unit is vacant and ready for someone looking to house-hack or you can rent it with ease. The Two-Bedroom Unit will be vacant on 6/1. This property pulls in great rents at a gross of $1,425 a month; 1-bed rents at $650, and 2-bed rents at $775. Newer window A/C units will stay with the property.
Last Agent to Sell the Property
Home Central Realty License #2017002089 Listed on: 05/06/2022
Co-Listed By
David Fosco
Home Central Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,062
Year Built
- Built in 1900
Lot Details
- 5,663 Sq Ft Lot
Home Design
- 2,236 Sq Ft Home
- Duplex
- Frame Construction
Parking
- On-Street Parking
- Off-Street Parking: 1
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- The owner pays for sewer, water
- Assessor Parcel Number 054-227640-00.000
Community Details
Overview
- 2 Units
Building Details
- Water Sewer Expense $60
- Gross Income $1,425
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 17, 2024
Sold by
Sheriff Of Licking County
Bought by
Card Real-Estate Investments Llc
Total Days on Market
2
Current Estimated Value
Purchase Details
Listed on
May 6, 2022
Closed on
May 13, 2022
Sold by
Kinnear Christopher W
Bought by
Brooke Sousa Capital Llc
Seller's Agent
Andrea Philipsen
Home Central Realty
Buyer's Agent
Doug Murphy
EXP Realty, LLC
List Price
$110,000
Sold Price
$122,500
Premium/Discount to List
$12,500
11.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Purchase Details
Listed on
Aug 31, 2017
Closed on
Nov 20, 2017
Sold by
Grubb Lance and Grubb Molly
Bought by
Kinnear Christopher W
Seller's Agent
Lisa McKivergin
RE/MAX Premier Choice
Buyer's Agent
Charmin Patterson
Howard Hanna Real Estate Services
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%
Original Mortgage
$52,500
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 7, 2015
Closed on
Feb 9, 2016
Sold by
Moss Brook Properties Llc
Bought by
Grubb Lance and Grubb Molly
Seller's Agent
Holly Pahoundis
Coldwell Banker Realty
Buyer's Agent
Billie Allen
Coldwell Banker Realty
List Price
$56,000
Sold Price
$19,000
Premium/Discount to List
-$37,000
-66.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.36%
Purchase Details
Closed on
Jun 9, 2003
Sold by
Riley William M
Bought by
Moss Brook Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Newark, OH
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Card Real-Estate Investments Llc | $130,400 | None Listed On Document | |
| Card Real-Estate Investments Llc | $130,400 | None Listed On Document | |
| Brooke Sousa Capital Llc | -- | Schwartz Matthew A | |
| Kinnear Christopher W | $70,000 | Central Ohio Elite Title Llc | |
| Grubb Lance | $19,000 | None Available | |
| Moss Brook Properties Llc | $53,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brooke Sousa Capital Llc | $225,000 | |
| Previous Owner | Brooke Sousa Capital Llc | $136,500 | |
| Previous Owner | Kinnear Christopher W | $52,500 | |
| Previous Owner | Moss Brook Properties Llc | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $122,500 | +11.4% | $55 / Sq Ft |
| 05/08/2022 05/08/22 | Pending | -- | -- | -- |
| 05/06/2022 05/06/22 | For Sale | $110,000 | -10.2% | $49 / Sq Ft |
| 05/01/2022 05/01/22 | Off Market | $122,500 | -- | -- |
| 12/01/2017 12/01/17 | Sold | $70,000 | -12.4% | $31 / Sq Ft |
| 11/01/2017 11/01/17 | Pending | -- | -- | -- |
| 08/23/2017 08/23/17 | For Sale | $79,900 | +320.5% | $36 / Sq Ft |
| 02/12/2016 02/12/16 | Sold | $19,000 | -66.1% | $8 / Sq Ft |
| 01/13/2016 01/13/16 | Pending | -- | -- | -- |
| 04/06/2015 04/06/15 | For Sale | $56,000 | -- | $25 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History Compared to Growth
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 | $2,275 | $42,630 | $6,860 | $35,770 |
| 2023 | $1,562 | $42,630 | $6,860 | $35,770 |
| 2022 | $2,020 | $26,500 | $6,480 | $20,020 |
| 2021 | $1,060 | $24,510 | $6,480 | $18,030 |
| 2020 | $1,084 | $24,510 | $6,480 | $18,030 |
| 2019 | $937 | $20,370 | $4,970 | $15,400 |
| 2018 | $937 | $0 | $0 | $0 |
| 2017 | $1,155 | $0 | $0 | $0 |
| 2016 | $975 | $0 | $0 | $0 |
| 2015 | $498 | $0 | $0 | $0 |
| 2014 | $621 | $0 | $0 | $0 |
| 2013 | $6,111 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Philipsen
Seller's Agent in 2022
Andrea Philipsen
Home Central Realty
(614) 264-3846
7 in this area
112 Total Sales
-
Seller Co-Listing Agent in 2022
David Fosco
Home Central Realty
(740) 877-9632
-
Doug Murphy
Buyer's Agent in 2022
Doug Murphy
EXP Realty, LLC
(614) 738-8396
7 in this area
30 Total Sales
-
L
Seller's Agent in 2017
Lisa McKivergin
RE/MAX
-
C
Seller Co-Listing Agent in 2017
Carol Marr
RE/MAX
-
Charmin Patterson
Buyer's Agent in 2017
Charmin Patterson
Howard Hanna Real Estate Services
(740) 403-1944
60 in this area
165 Total Sales
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 222014290
APN: 054-227640-00.000
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