NOT LISTED FOR SALE

87 Fairfield Ave Newark, OH 43055

Estimated Value: $173,000 - $198,000

2 Beds
2 Baths
1,480 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $135,000 $91 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,161/month

50 Days on Market

About This Home

As of November 2021

Amazing turnkey opportunity for investors, this duplex was just completely remodeled on the interior to include new appliances, doors and flooring! Live in one side, rent out the other!! Great established neighborhood, north Newark location, handy to Rt. 16.

Includes ample off street parking at front of apartments and large grassy rear yard.

Last Agent to Sell the Property

Jill Levere

RE/MAX ONE License #2014005288 Listed on: 10/05/2021

RE/MAX ONE

Last Buyer's Agent

Andrew Guanciale

Coldwell Banker Realty License #2002021183

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 1,480 Sq Ft Home
  • Duplex

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 054-264654-00.000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,800
  • Gross Income $16,680
  • Net Operating Income $14,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,471

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1960
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.15
  • Total Gross Income: 16680.0
  • Co List Office Phone: 614-729-7555
  • MLS Status: Closed
  • Subdivision Name: lot 6262 pt Jefferson Place 3rd ADD
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 16680.0
  • Annual Expenses: 1800.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1480.0
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-264654-00.000
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 14880.0
  • Annual Operating Expense: 1800.0

Tax Info

  • Tax Annual Amount: 1471.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 17, 2021
Sold by
West Church Street Holdings Llc
Bought by
Cremeans Henry J and Cremeans Stella M
Seller's Agent
Jill Levere
RE/MAX ONE
Buyer's Agent
Andrew Guanciale
Coldwell Banker Realty
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%
Current Estimated Value
$189,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,827
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Jun 12, 2018
Sold by
Walters Cynthia A and Keinath John D
Bought by
West Church Street Holdings Llc

Purchase Details

Closed on
Dec 3, 2004
Sold by
Keinath Renee A
Bought by
Keinath James M
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
Cremeans Henry J $135,000 Ambassador Title
West Church Street Holdings Llc $65,000 Northwest Title Family
Keinath James M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $135,000 -3.5% $91 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/23/2021 10/23/21 Price Changed $139,900 -6.7% $95 / Sq Ft
09/14/2021 09/14/21 Price Changed $149,900 -6.3% $101 / Sq Ft
09/08/2021 09/08/21 For Sale $159,900 -- $108 / 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 $1,860 $51,630 $10,850 $40,780
2023 $1,857 $51,350 $10,570 $40,780
2022 $1,444 $35,500 $9,140 $26,360
2021 $1,438 $33,290 $9,140 $24,150
2020 $1,471 $33,290 $9,140 $24,150
2019 $1,211 $26,360 $7,040 $19,320
2018 $1,211 $0 $0 $0
2017 $1,110 $0 $0 $0
2016 $1,037 $0 $0 $0
2015 $1,060 $0 $0 $0
2014 $1,321 $0 $0 $0
2013 $1,163 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jill Levere

    RE/MAX

    (740) 587-3561

    12 in this area

    17 Total Sales

    Jill Levere
    Section Image
  • Andrew Guanciale

    Buyer's Agent in 2021

    Andrew Guanciale

    Coldwell Banker Realty

    (740) 403-6444

    294 in this area

    549 Total Sales

    Andrew Guanciale
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221035417

Columbus and Central Ohio Regional MLS

APN: 054-264654-00.000

Ohio Licking County Newark 43055

87 Fairfield Ave, Newark, OH

This home is located at 87 Fairfield Ave, Newark, OH 43055 since 05 October 2021 and is currently estimated at $189,827, approximately $128 per square foot. This property was built in 1960. 87 Fairfield Ave is a home located in Licking County with nearby schools including John Clem Elementary School, Liberty 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.

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Information is deemed reliable but not guaranteed.

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