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242 Derby Downs Rd, Newark, OH, 43055

$282,400

Home List Price

$3,354*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,716 SqFt
$165/SqFt
House

Location

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242 Derby Downs Rd, Newark$282,400

Buyer Closing Credits

$3,354*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1968
CoolingCentral Air
BasementYes
FireplaceOne
MLS #224039407
Lot Size0.52 Acres
StatusAccepting Backup Offers
(Contingent)

About 242 Derby Downs Rd

Charming split-level home on a quiet, inviting neighborhood street. This well-maintained property features a spacious layout and a modern kitchen with stainless steel, Bluetooth-capable appliances for added convenience. Enjoy outdoor living on the screened-in back porch, or relax knowing the whole-house generator is ready to keep everything running smoothly. The heated garage includes built-in cabinets for extra storage. Washer/dryer hookups are available in the basement or the lower-level bathroom. An underground fence is installed for your pets' safety. Conveniently located close to shopping, dining, and more. Don't miss out on this move-in-ready home!

Property Details

Property Features

Property Information:

  • Architectural Style: Split - 3 Level
  • Year Built: 1968
  • Living Area: 1,716 SqFt

Listing Office:

  • Office Name: Howard Hanna Real Estate Services
  • Office Phone: (740) 522-7946
  • Listing Agent: Kendra Swick

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Fireplace: One

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Well

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: Located in between Sherwood Downs W and Sherwood Downs E

Price Information

Listing Price Info

Price Summary:

  • List Price: $282,400
  • Price Per SqFt: $165/SqFt

Tax Information:

  • Annual Amount: $2,341
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, OH.

Med. Sold Price

$228.6K

Med. Price/SqFt

$161

Avg. Days On Market

68

# of Sold Homes

8

242 Derby Downs Rd vs Newark

2 DAYS ON ROCKET

-66 Days

$282,400

+$53.8K More

$165/SqFt

+$4 More

KEY TAKEAWAY

This property is $53.8K more than the Median Sold Price and $4/SqFt more than other homes in Newark, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Columbus and Central Ohio Regional MLS
  • MLS Number: #224039407

Listing Office:

  • Office Name: Howard Hanna Real Estate Services
  • Office Phone: (740) 522-7946
  • Listing Agent: Kendra Swick

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:51:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,341$58,910
2019$1,924$48,090
2018$1,915$48,090
2017$1,841$48,090

History based on county public records data.

Payment Calculator

$1,477

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-184154
5
/10
  • Legend Elementary School

  • 1075 Evans Blvd

  • 1.32 miles

  • Public District Grades PK-5

school-card-donut-184155
6
/10
  • Hillview Elementary School

  • 1927 Horns Hill Rd

  • 1.41 miles

  • Public District Grades PK-5

school-card-donut-184156
5
/10
  • John Clem Elementary School

  • 475 Jefferson Rd

  • 1.77 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,198. Residents of Newark, OH typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Newark, OH

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Newark, OH?

The housing landscape in Newark, Ohio, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes often feature traditional and colonial designs, reflecting the city's rich history. The market also includes a selection of apartments and townhouses, providing options for various lifestyles and family sizes. The area has seen a steady growth in homeownership, with a significant portion of residents owning their homes.

Is Newark, OH a good place to live?

Newark is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its historical landmarks, including the famous Newark Earthworks, and its vibrant downtown area that hosts a variety of local events and festivals throughout the year. These gatherings not only entertain but also foster a strong sense of community among residents.

Are things conveniently located in Newark, OH?

Residents of Newark have access to a solid educational system, with multiple public schools serving the area, as well as private institutions that cater to a range of educational needs. The city is served by a network of healthcare facilities, including a well-regarded hospital that provides emergency services and specialized care. Newark's public library system is a valuable resource for the community, and the city offers a diverse array of retail and dining options that reflect the local culture.

What does the transportation in Newark, OH look like?

Newark's transportation infrastructure includes a variety of options for residents. Public transit services are available, with bus routes connecting key areas of the city. The community's road network facilitates easy access to nearby cities and towns, and there are plans to enhance transportation efficiency and accessibility. The city is also increasingly bike-friendly, with dedicated lanes and trails that encourage cycling as a mode of transport.

Frequently Asked Questions About 242 Derby Downs Rd

What is the listing price of this property?

The listing price of 242 Derby Downs Rd property is $282,400.

What type of property is this?

The property 242 Derby Downs Rd is a house located in Newark, Ohio, 43055.

Is this property for sale now?

Accepting Backup Offers: 242 Derby Downs Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,341 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 242 Derby Downs Rd has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 242 Derby Downs Rd is 1,716 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 Derby Downs Rd is 1968.

Rocket Homes›Ohio›Licking County›Newark›43055›242 Derby Downs Rd

This home is located at 242 Derby Downs Rd in Newark, OH and zip code 43055. This 1,716 square foot home, which was built in 1968, sits on a 0.52 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $282,400.

In November 2024 more than 2 listings in Newark, OH were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below. The inventory of homes for sale in Newark, OH between October 2024 and November 2024 decreased by 9.7%. Listings spent 68 days on the market in November 2024, and had a median list price of $228,600 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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