NOT LISTED FOR SALE

702 Colby Way Newark, OH 43055

Estimated Value: $474,776 - $568,000

3 Beds
2 Baths
1,703 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $369,000 $217 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,102/month

Highlights

  • New Construction
  • Ranch Style House
  • Great Room
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of June 2021

This home is located at 702 Colby Way, Newark, OH 43055 since 16 June 2021 and is currently estimated at $517,194, approximately $303 per square foot. This property was built in 2021. 702 Colby Way is a home located in Licking County with nearby schools including Licking Valley Elementary School, Licking Valley Middle School, and Licking Valley High School.

Last Agent to Sell the Property

Elizabeth Miron

RE/MAX 360 License #2015001105 Listed on: 06/16/2021

RE/MAX 360

Last Buyer's Agent

Judith Green

RE/MAX 360 License #2001000564

RE/MAX 360

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.8

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,703 Sq Ft Home
  • Insulated Windows
  • Great Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Electric Water Heater

Additional Features

  • Deck
  • 0.8 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 023-160302-00.097

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 2021
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.8
  • Co List Office Phone: 740-928-3600
  • MLS Status: Closed
  • Subdivision Name: Hainesview
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: None
  • Reso Interior Features: Electric Water Heater
  • Unit Levels: One
  • New Construction: Yes
  • Reso Window Features: Insulated All
  • ResoBuildingAreaSource: None
  • Remarks Misc Hot Sheet Comments: new
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Foundation:Poured: Yes
  • Interior Flooring CeramicPorcelain: Yes
  • Exterior Vinyl Siding: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Electric Water Heater: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Rooms 1st Flr Laundry: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Water Source Well: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 2
  • Basement: Full
  • Entry Level Eating Space: 1
  • Entry Level Great Room: 1
  • Entry Level Living Room: 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood, Carpet, Ceramic/Porcelain
  • Main Level Bedrooms: 3
  • General Property Info Baths FH: 2.0
  • Basement Description:Full: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Poured
  • Patio And Porch Features: Deck
  • Patio and Porch Features Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached Garage, Detached Garage, Side Load
  • Parking Features 2 Car Garage: Yes
  • Parking Features Attached Garage: Yes
  • Parking Features Detached Garage: Yes
  • Parking Features Side Load: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Well
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LICKING VALLEY LSD 4506 LIC CO.

Lot Info

  • Parcel Number: 023-160302-00.097
  • Lot Size Sq Ft: 34848.0
  • Additional Parcels: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jun 15, 2021
Sold by
Green Jonathan
Bought by
Shaffer Gregory A and Shaffer Ashley L
Seller's Agent
Elizabeth Miron
RE/MAX 360
Buyer's Agent
Judith Green
RE/MAX 360
List Price
$369,000
Sold Price
$369,000
Current Estimated Value
$517,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,194
Avg. Annual Appreciation
7.76%
Original Mortgage
$295,200
Outstanding Balance
$267,267
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$249,927

Purchase Details

Closed on
Nov 10, 2020
Sold by
Hainsview Estates Ltd
Bought by
Green Jonathan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shaffer Gregory A $369,000 Chicago Title
Green Jonathan $252,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffer Gregory A $295,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Off Market $369,000 -- --
06/16/2021 06/16/21 Sold $369,000 0.0% $217 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $369,000 -- $217 / 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 $4,603 $125,620 $23,940 $101,680
2023 $4,687 $125,620 $23,940 $101,680
2022 $4,917 $117,640 $18,410 $99,230
2021 $641 $14,740 $14,740 $0
2020 $145 $3,330 $3,330 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Miron

    Seller's Agent in 2021

    Elizabeth Miron

    RE/MAX

    (740) 644-4706

    82 Total Sales

    Elizabeth Miron
    Section Image
  • Judith Green

    Buyer's Agent in 2021

    Judith Green

    RE/MAX

    (740) 973-3027

    141 Total Sales

    Judith Green
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221021361

Columbus and Central Ohio Regional MLS

APN: 023-160302-00.097

Ohio Licking County Newark 43055

702 Colby Way, Newark, OH

Not Listed for Sale

Detached

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