$70,000
SOLD DEC 1, 2017

553 W Main St Unit 555 Newark, OH 43055

-- Bed
-- Bath
2,236 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

12% Below List Price

57 Days on Market

About This Home

As of May 2022

Fully rented duplex!!! One bedroom rented for $575/month (includes $25 pet fee). Large two bedroom rented for $750/month. Tenants pay gas and electric. Owner pays water. Schedule a showing, make an offer, and start collecting rent checks. Great money maker!

Last Agent to Sell the Property

Lisa McKivergin

RE/MAX Premier Choice Listed on: 08/31/2017

Co-Listed By

Carol Marr

RE/MAX Premier Choice

Last Buyer's Agent

Charmin Patterson

Howard Hanna Real Estate Services License #370772

Howard Hanna Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1900

Parking

  • Off-Street Parking: 1

Home Design

  • 2,236 Sq Ft Home
  • Duplex
  • Frame Construction

Laundry

  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 054-227640-00.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$975

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2016
  • Property Sub-Type: Duplex
  • Co List Office Mls Id: 09322
  • Co List Office Phone: 740-366-1900
  • Co List Office Phone: 740-366-1900
  • MLS Status: Closed
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2236.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: 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:Frame: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-227640-00.000
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 975.22

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
Current Estimated Value
$162,451

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
7.91%
Original Mortgage
$136,500
Interest Rate
4.67%
Mortgage Type
New Conventional

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
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $130,400 None Listed On Document
Sheriffs Deed $130,400 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $70,000 Central Ohio Elite Title Llc
Deed $19,000 None Available
Sheriffs Deed $53,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $136,500 New Conventional
Previous Owner $52,500 New Conventional
Previous Owner $60,000 Purchase Money Mortgage
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

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 $2,195 $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

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217031425

Columbus and Central Ohio Regional MLS

APN: 054-227640-00.000