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424 Park Avenue

424 Park Avenue, Newark, OH 43055
Property in Newark
Sold Aug 09, 2019
$40,000
$38,800 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2049
Sold Nov 01, 2016
$65,000
424 Park Avenue in Newark, OH was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1940. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 424 Park Avenue has 1,718 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 490 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. The roof of the home is made of slate. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 424 Park Avenue was last sold in Aug 7, 2019 for $40,000. According to our calculations, that's $23.28 per sqft. Prior to that sales transaction, the property was sold for $65,000 in Oct 21, 2016. Current property owners are expected to pay $1,596 in taxes per year. The property on 424 Park Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $28,490. To break that down further, the land itself was valued at $6,510. While improvements to the property were assessed at a total of $21,980. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,062
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,718
  • Gross Building Area: 1,718
  • Building Area: 1,718
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOOVER ST/SHIELDS ST/EAST OF HUDSON
  • Land Acres: 0.16
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: LOT 2688 TENNY DICKINSON EVERETT & KIBLER'S ADD

Ownership

  • Current Owner : SPEARS JACOB ROBERT
  • Previous Owner : FREED CATHY J
  • Owner Before Previous Owner: CLOUD TECHNOLOGY SYSTEMS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • School Tax School District: NEWARK CSD
  • School Tax District Code 2: NEWARK
  • Census Tract: 751900

Geography

  • Parcel: 054-280968-00.000
  • Lot: 2688
  • Municipality: NEWARK
  • Latitude: 40.0708
  • Longitude: -82.4048

    Address

  • Full Address: 424 Park Ave
  • Address - House Number: 424
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Newark
  • Carrier Code: C024
  • 4-Digit Zip Code: 5826
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,596
  • Tax Rate Code Area: 054

    Appraisal Valuation

  • Standard Deviation: 0.2169
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 70
  • Final Value: 120,611
  • High Value: 146,776
  • Low Value: 94,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $38,800
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 09, 2019
  • First Open Lien Mortgage Loan Amount: $38,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $81,400
  • Market Land Value: $18,600
  • Market Improvement Value: $62,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,490
  • Assessed Land Value: $6,510
  • Assessed Improvements Value: $21,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 07, 2019
  • Current Sale Recording Date: Aug 09, 2019
  • Current Sale Transaction ID: 11634236925
  • Current Sale Price: $40,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201908090016343
  • Previous Sale Recording Date: Nov 01, 2016
  • Previous Sale Contract Date: Oct 21, 2016
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 09, 2019
  • First Mortgage Loan Amount: $38,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Newark



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Frequently Asked Questions

What neighborhood is 424 Park Avenue located in?
The 424 Park Avenue is a located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 424 Park Avenue?
The average sales price for units in 424 Park Avenue is $0 currently.

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