NOT LISTED FOR SALE

4 N Park Place Newark, OH 43055

1 Bed
-- Bath
950 Sq Ft
1,960 Sq Ft Lot

About This Home

A Unique Opportunity to live in one of the most significant and beautiful buildings in Historic Downtown Newark! You will be just footsteps away from the best shopping and dining Newark has to offer. This entire building has recently been remodeled and you will be among the first people to live in this historic building in decades! There is a shared laundry facility on the 3rd floor. We do have a security camera system throughout the building as well.

There is an incredible amount of natural light throughout the apartments at 4 N Park Place. You will find a shared coin operated laundry facility on the 3rd floor. Trash removal is also included at these apartments. These apartments and appliances are all BRAND NEW! Water and trash removal are included. Tenant pays their own electric, gas, and internet/tv.

Qualification Standards:
- Minimum 600 Credit Score
- Minimum 3x Income to Rent Ratio
- NO Evictions Within Last 5 Years
- Absolutely NO Smoking Inside the Premises
- Tenant Must Carry Renters Insurance
- Must Submit an online application for consideration

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2017
Sold by
Phishco Ltd
Bought by
Twothirtyseven Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,275
Outstanding Balance
$73,425
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 28, 1997
Sold by
Voldness Jerome R
Bought by
Shai Joseph P and Shai Holly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 1996
Sold by
Voldness Co
Bought by
Voldness Jerome R and Voldness Ann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.13%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Twothirtyseven Llc $437,500 None Available
Shai Joseph P $120,000 --
Voldness Jerome R $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Twothirtyseven Llc $86,360
Closed Twothirtyseven Llc $75,000
Open Twothirtyseven Llc $240,275
Previous Owner Shai Joseph P $96,000
Previous Owner Voldness Jerome R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 Off Market $1,095 -- --
01/17/2025 01/17/25 Off Market $1,095 -- --
02/13/2024 02/13/24 Price Changed $1,095 -8.4% $1 / Sq Ft
11/19/2023 11/19/23 Price Changed $1,195 -14.3% $1 / Sq Ft
11/14/2023 11/14/23 For Rent $1,395 0.0% --
07/12/2023 07/12/23 For Rent $1,395 0.0% --
06/19/2023 06/19/23 For Rent $1,395 0.0% --
04/26/2023 04/26/23 Price Changed $1,395 -3.8% $1 / Sq Ft
04/06/2023 04/06/23 Price Changed $1,450 +32.4% $2 / Sq Ft
04/05/2023 04/05/23 For Rent $1,095 -- --

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 $7,975 $149,420 $14,350 $135,070
2023 $6,606 $149,420 $14,350 $135,070
2022 $5,314 $102,200 $6,930 $95,270
2021 $4,194 $79,100 $6,930 $72,170
2020 $4,266 $79,100 $6,930 $72,170
2019 $3,378 $61,250 $6,930 $54,320
2018 $2,951 $0 $0 $0
2017 $2,813 $0 $0 $0
2016 $2,657 $0 $0 $0
2015 $1,439 $0 $0 $0
2014 $1,651 $0 $0 $0
2013 $1,385 $0 $0 $0
Source: Public Records

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