NOT LISTED FOR SALE

694 Garfield Ave Newark, OH 43055

Estimated Value: $416,000 - $634,364

-- Bed
-- Bath
4,752 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $225,000 $47 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,178/month

30 Days on Market

About This Home

As of June 2012

ALL 4 UNITS HAVE 3 BEDROOM 1 1/2 BATH. TAX ABATEMENT AREA!! 679.00 yearly taxes!!! 4 ATTACHED STORAGE ROOMS. NO SIGN IN FRONT OF APARTMENT BUILDING.

Last Agent to Sell the Property

Kim Thomson

Century 21 Frank Frye License #335541 Listed on: 02/07/2012

Century 21 Frank Frye

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $678

Year Built

  • Built in 2007

Lot Details

  • 0.33

Home Design

  • 4,752 Sq Ft Home
  • Mixed Use
  • Frame Construction

Parking

  • 8 Parking Spaces
  • Assigned Parking

Additional Features

  • 0.33 Acre Lot
  • Heating Available

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 05419080001001

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,341
  • Water Sewer Expense $2,700
  • Operating Expense $5,632
  • Gross Income $29,000
  • Net Operating Income $23,768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$678

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 2007
  • Tax Year: 2010
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.33
  • Total Gross Income: 29000.0
  • Co List Office Phone: 740-345-4001
  • MLS Status: Closed
  • Income Expenses Gross Income: 29000.0
  • Annual Expenses: 5632.0
  • General Property Info Building Sq Ft: 4752.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity 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

  • Total Parking Spaces: 8.0
  • Parking Features Assigned2: Yes

Utilities

  • Utilities: Water Available, Sewer Available, Electricity Available

Fee Information

  • Annual Water Sewer Expense: 2700.0

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 05419080001001
  • Lot Size Sq Ft: 14374.8

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1341.0
  • Net Operating Income: 23768.0
  • Annual Operating Expense: 5632.0

Tax Info

  • Tax Annual Amount: 678.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2024
Sold by
Nye Bryan D and Nye Brian D
Bought by
Alpha Alliance Ii Llc
Current Estimated Value
$529,841

Purchase Details

Listed on
Feb 7, 2012
Closed on
Jun 25, 2012
Sold by
Tpc Management Llc
Bought by
Nye Bryan D and Morgan Albet David
Seller's Agent
Kim Thomson
Century 21 Frank Frye
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$285,000
Sold Price
$225,000
Premium/Discount to List
-$60,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$163,125
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2009
Sold by
Spencer Homes Llc
Bought by
Tpc Management Llc
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 Buyer Sale Price Title Company
Alpha Alliance Ii Llc -- None Listed On Document
Nye Bryan D $225,000 None Available
Tpc Management Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nye Bryan D $163,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2012 06/27/12 Sold $225,000 -21.1% $47 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $285,000 -- $60 / 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 $4,423 $107,240 $6,930 $100,310
2023 $5,713 $107,240 $6,930 $100,310
2022 $298 $80,510 $5,780 $74,730
2021 $313 $80,510 $5,780 $74,730
2020 $318 $80,510 $5,780 $74,730
2019 $320 $80,510 $5,780 $74,730
2018 $322 $0 $0 $0
2017 $307 $0 $0 $0
2016 $650 $0 $0 $0
2015 $332 $0 $0 $0
2014 $326 $0 $0 $0
2013 $331 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kim Thomson

    Century 21 Frank Frye

    Section Image

  • N

    Buyer's Agent in 2012

    NON MEMBER

    NON MEMBER OFFICE

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212004096

Columbus and Central Ohio Regional MLS

APN: 054-190800-01.001

Ohio Licking County Newark 43055

694 Garfield Ave, Newark, OH

This home is located at 694 Garfield Ave, Newark, OH 43055 since 07 February 2012 and is currently estimated at $529,841, approximately $111 per square foot. This property was built in 2007. 694 Garfield Ave is a home located in Licking County with nearby schools including Carson Elementary School, Heritage Middle School, and Newark 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.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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