NOT LISTED FOR SALE

5840 Lake Dr Newark, OH 43076

Estimated Value: $510,000 - $587,000

4 Beds
2 Baths
2,776 Sq Ft
$198/Sq Ft Est. Value

About This Home

This home is located at 5840 Lake Dr, Newark, OH 43076 and is currently estimated at $550,018, approximately $198 per square foot. 5840 Lake Dr is a home located in Licking County with nearby schools including Jackson Intermediate School, Lakewood Middle School, and Lakewood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2019
Sold by
Covert Nicholas A and Covert Holly
Bought by
Barford Matthew C and Barford Jodi
Current Estimated Value
$550,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2012
Sold by
Davis Scott J and Davis Sandra L
Bought by
Covert Nicholas and Covert Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Schmitt Angela M
Bought by
Davis Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 2002
Sold by
Countrytyme Grove City
Bought by
Scmitt Angela M
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.

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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.

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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.

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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.

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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 Buyer Sale Price Title Company
Barford Matthew C $336,000 Mepchase Title
Covert Nicholas $205,000 None Available
Davis Scott J $165,500 Ambassador Title
Scmitt Angela M $29,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barford Matthew C $269,000
Closed Barford Matthew C $43,000
Closed Barford Matthew C $268,800
Previous Owner Covert Nicholas $194,750
Previous Owner Davis Scott J $183,800
Previous Owner Davis Scott J $156,500
Previous Owner Fraka Properties Llc $175,000
Previous Owner Davis Scott J $20,339
Previous Owner Davis Scott J $142,000
Previous Owner Schmitt Angela M $11,000
Closed Scmitt Angela M --
Source: Public Records

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 $9,472 $142,490 $25,270 $117,220
2023 $5,384 $142,490 $25,270 $117,220
2022 $4,938 $112,640 $15,930 $96,710
2021 $5,091 $112,640 $15,930 $96,710
2020 $5,100 $112,640 $15,930 $96,710
2019 $4,197 $87,020 $13,270 $73,750
2018 $4,242 $0 $0 $0
2017 $4,080 $0 $0 $0
2016 $4,174 $0 $0 $0
2015 $3,920 $0 $0 $0
2014 $6,045 $0 $0 $0
2013 $3,870 $0 $0 $0
Source: Public Records

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