NOT LISTED FOR SALE

722 Colby Way Newark, OH 43055

Estimated Value: $534,000 - $570,000

3 Beds
2 Baths
2,100 Sq Ft
$262/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $485,000 $231 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,572/month

36 Days on Market

Highlights

  • Deck
  • Great Room
  • 4 Car Garage
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Heated Garage

About This Home

As of January 2023

Seller will pay $5,000 toward buyers closing costs at list price. Beautiful ranch home located in Hainsview Estates in the Licking Valley School district. This newly built, spacious home offers three large bedrooms, two baths, large kitchen, living and dining areas and an office. Beautiful kitchen offers granite countertops, huge island, soft close cabinetry and tiled backsplash. Large, tiled shower in the master bath and huge walk-in closet. LVP and tile flooring throughout. Additional 24 x 32 garage/workshop that has been insulated, drywalled and is heated. Solid core doors, black stainless-steel appliances, partially fenced back yard (privacy fence), brand new concrete driveway, side mount garage door openers, front storm door.

Last Agent to Sell the Property

Scott Marvin

Team Results Realty License #2018003245 Listed on: 11/20/2022

Last Buyer's Agent

Marie McCray

Red 1 Realty License #2011002075

Red 1 Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 2021

Lot Details

  • 0.84

Parking

  • 4 Car Garage
  • Heated Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Insulated Windows
  • Great Room
  • Family Room
  • Laundry on main level
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Water Source
  • Well

Additional Features

  • Deck
  • 0.84 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 023-160302-00.107

Home Details

Home Type

Single Family

Est. Annual Taxes

$918

Year Built

Built in 2021

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 2021
  • Tax Year: 2021
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.84
  • Co List Office Phone: 614-382-2124
  • MLS Status: Closed
  • Subdivision Name: HAINSVIEW ESTATES
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Auditor
  • Reso Interior Features: Dishwasher, Electric Range, Microwave, Refrigerator
  • Unit Levels: One
  • New Construction: No
  • Reso Window Features: Insulated All
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Amenities Microwave: Yes
  • Water Source Private Water Source: Yes
  • Foundation:Poured: Yes
  • Exterior Vinyl Siding: Yes
  • Rooms Family RmNon Bsmt: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities Electric Range: 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: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 2
  • Basement: Full
  • Entry Level Dining Room: 1
  • Entry Level Eating Space: 1
  • Entry Level Family Room: 1
  • Entry Level Great Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Entry Level): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Other Rooms:Dining Room: Yes
  • 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: No
  • Garage Spaces: 4.0
  • Parking Features: Garage Door Opener, Heated Garage
  • Parking Features 4 Car Garage: Yes
  • Parking Features Heated: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well, Private
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel Number: 023-160302-00.107
  • Lot Size Sq Ft: 36590.4

Tax Info

  • Tax Annual Amount: 918.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2022
Closed on
Jan 3, 2023
Sold by
Burkhart Edward K and Burkhart Barbara T
Bought by
Brown Joseph R and Brown Misty J
Seller's Agent
Scott Marvin
Team Results Realty
Buyer's Agent
Marie McCray
Red 1 Realty
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
15
Current Estimated Value
$517,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,691
Avg. Annual Appreciation
4.71%
Original Mortgage
$485,500
Outstanding Balance
$437,012
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$109,452

Purchase Details

Closed on
Feb 7, 2022
Sold by
Jonathan Green
Bought by
Burkhart Edward K and Burkhart Barbara T

Purchase Details

Closed on
Nov 10, 2020
Sold by
Hainsview Estates Ltd
Bought by
Green Jonathan
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Joseph R -- --
Burkhart Edward K -- None Listed On Document
Green Jonathan $252,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Joseph R $485,500
Previous Owner Burkhart Edward K $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $485,000 -2.3% $231 / Sq Ft
10/31/2022 10/31/22 Price Changed $496,500 -0.5% $236 / Sq Ft
10/16/2022 10/16/22 For Sale $499,000 -- $238 / 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 $8,554 $147,040 $26,530 $120,510
2023 $5,482 $147,040 $26,530 $120,510
2022 $3,127 $73,360 $20,440 $52,920
2021 $713 $16,380 $16,380 $0
2020 $145 $3,330 $3,330 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Marvin

    Seller's Agent in 2023

    Scott Marvin

    Team Results Realty

    (614) 581-9497

    831 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Marie McCray

    Red 1 Realty

    (740) 973-0807

    47 Total Sales

    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222038745

Columbus and Central Ohio Regional MLS

APN: 023-160302-00.107

Ohio Licking County Newark 43055

722 Colby Way, Newark, OH

This home is located at 722 Colby Way, Newark, OH 43055 since 20 November 2022 and is currently estimated at $550,534, approximately $262 per square foot. This property was built in 2021. 722 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.

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.

Nearby Homes