3 months on rocket

249 W Church St, Newark, OH, 43055

$186,888

Home List Price

$2,219*

Closing Credit

0 Baths
Multi

Location

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249 W Church St, Newark$186,888

Buyer Closing Credits

$2,219*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Parking2 Off Street, On Street
Year Built1925
HeatingForced Air, Natural Gas
MLS #224028028
Lot Size0.15 Acres
StatusActive

About 249 W Church St

Here is an excellent investment opportunity with a cap rate approaching 10% generating right at $1940 per month for both units with a cap rate approaching 10%. Both units have long-term tenants. The downstairs unit is 2 bedrooms, 1 bath, with soaring ceilings and plenty of windows for beautiful natural light. Upstairs unit is 1 bedroom, 1 bath, a large family room and quaint kitchen! This is a great investment property for anyone looking to get into rentals or to add to your portfolio! Curb offers only with walk-thru within 48 hours of contract, call your agent today!

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: Sell For One Percent
  • Listing Agent: Jaime Barlow

Exterior Features

Parking Information:

  • Parking: 2 Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $186,888

Tax Information:

  • Annual Amount: $639
  • Tax Year: 2020
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Housing Market Comparison

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

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Newark, OH

City

Med. Sold Price

$226.2K

Med. Price/SqFt

$160

Avg. Days On Market

62

# of Sold Homes

5

249 W Church St vs Newark

102 DAYS ON ROCKET

+40 Days

$186,888

-$39.3K Less

KEY TAKEAWAY

This property is $39.3K less than the Median Sold Price in Newark, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224028028

Listing Office:

  • Office Name: Sell For One Percent
  • Listing Agent: Jaime Barlow

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: 11/21/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2020Home Sold
$41,500

Tax History

YEARPROP. TAXASSESSMENT
2020$639$14,390
2019$790$17,150
2018$790$17,150
2017$757$17,150

History based on county public records data.

Payment Calculator

$1,000

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$627

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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-195001
5
/10

  • McGuffey Elementary School

  • 130 Green Wave Dr

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-195002
5
/10

  • John Clem Elementary School

  • 475 Jefferson Rd

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-195003
5
/10

  • Ben Franklin Elementary School

  • 533 Beacon Rd

  • 1.27 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,075. Most Newark, OH residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

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.

Rocket Homes›Ohio›Licking County›Newark›43055›249 W Church St

This home is located at 249 W Church St in Newark, OH and zip code 43055. This home, which was built in 1925, sits on a 0.15 acre lot. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $186,888.

Newark, OH housing market in October 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. Between September 2024 and October 2024, Newark, OH real estate market has seen decrease in the number of listings by 25.6%. The median list price of listings available in October 2024 was $226,200, while the average time on the real estate market was 62 days.

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

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