NOT LISTED FOR SALE

820 Idlewilde Ave Newark, OH 43055

Estimated Value: $350,000 - $780,018

-- Bed
-- Bath
5,440 Sq Ft
$111/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $297,000 $55 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,683/month

622 Days on Market

About This Home

As of December 2015

2 Building Apartment Complex in West Newark near Heath. 5 Units are 1 bedroom, 4 Units are 2 bedroom, all have 1 bath. All units have range and refrigerator. Near everything and easy to rent out. Owner pays water and trash services. Major renovations were done in 2013 on 2 units,which increased expenses and decreased revenue. In 2014 rent income was $45,549.00, expenses were $13,791.98, net income for year $31,757.02. All units have been updated and are in good shape. All are rented. GREAT INCOME POTENTIAL

Last Agent to Sell the Property

Jared Eshelman

Carol Goff & Assoc. Listed on: 03/26/2014

Last Buyer's Agent

Jared Eshelman

Carol Goff & Assoc. Listed on: 03/26/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,867

Year Built

  • Built in 1971

Lot Details

  • 0.43 Acre Lot

Parking

  • Common or Shared Parking

Home Design

  • 5,440 Sq Ft Home
  • Mixed Use

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 054-217308-00.000

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $1,137
  • Insurance Expense $2,592
  • Maintenance Expense $1,495
  • Operating Expense $13,792
  • Gross Income $45,549
  • Net Operating Income $31,757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,867

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1971
  • Tax Year: 2012
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.43
  • Total Gross Income: 45549.0
  • Co List Office Phone: 740-454-6777
  • MLS Status: Closed
  • Income Expenses Gross Income: 45549.0
  • Annual Expenses: 13791.98
  • General Property Info Building Sq Ft: 5440.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Common
  • Parking Features Common: Yes

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-217308-00.000
  • Lot Size Sq Ft: 18730.8
  • Additional Parcels: No
  • Zoning Description: residential

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 1136.77
  • Insurance Expense: 2592.32
  • Maintenance Expense: 1495.0
  • Net Operating Income: 31757.02
  • Annual Operating Expense: 13791.98

Tax Info

  • Tax Annual Amount: 4867.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2014
Closed on
Dec 23, 2015
Sold by
Redman Investments Llc
Bought by
Terry Family Llc
Seller's Agent
Jared Eshelman
Carol Goff & Assoc.
Buyer's Agent
Jared Eshelman
Carol Goff & Assoc.
List Price
$337,900
Sold Price
$297,000
Premium/Discount to List
-$40,900
-12.1%
Current Estimated Value
$606,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,255
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Aug 7, 2008
Sold by
Redman Jeffrey D and Redman Roxanne
Bought by
Redman Investments Llc

Purchase Details

Closed on
Mar 11, 2004
Sold by
Idlewilde Garden Apartments Llc
Bought by
Redman Jeff and Redman Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,103
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2002
Sold by
Ellington Donald L
Bought by
Idlewilde Garden Apts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2001
Sold by
Goodwin Paul W
Bought by
Ellington Donald L and Ellington Tracy Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,837
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 1998
Sold by
F D M A Ptns I & F D M A
Bought by
Goodwin Paul W and Goodwin Betty M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.5%
Mortgage Type
Commercial
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
Terry Family Llc $445,500 Ambassador Title Mailbox
Redman Investments Llc -- Attorney
Redman Jeff $275,000 Professional Closing Title
Idlewilde Garden Apts Llc $225,000 --
Ellington Donald L $405,000 --
Goodwin Paul W $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redman Jeff $230,103
Previous Owner Idlewilde Garden Apts Llc $184,000
Previous Owner Ellington Donald L $341,837
Previous Owner Goodwin Paul W $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $297,000 -12.1% $55 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
03/25/2014 03/25/14 For Sale $337,900 -- $62 / 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 $5,625 $136,400 $29,790 $106,610
2023 $3,284 $136,400 $29,790 $106,610
2022 $4,658 $97,690 $25,200 $72,490
2021 $4,907 $97,690 $25,200 $72,490
2020 $4,996 $97,690 $25,200 $72,490
2019 $5,026 $97,690 $25,200 $72,490
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jared Eshelman

    Carol Goff & Assoc.

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214015964

Columbus and Central Ohio Regional MLS

APN: 054-217308-00.000

Ohio Licking County Newark 43055

820 Idlewilde Ave, Newark, OH

This home is located at 820 Idlewilde Ave, Newark, OH 43055 since 26 March 2014 and is currently estimated at $606,255, approximately $111 per square foot. This property was built in 1971. 820 Idlewilde Ave is a home located in Licking County with nearby schools including Cherry Valley Elementary School, Wilson 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.

Nearby Homes