new - 2 days on rocket

45 S 5th St, Newark, OH, 43055

$449,900

Home List Price

$5,343*

Closing Credit

0 Baths
2,870 SqFt
$157/SqFt
Condo

Location

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45 S 5th St, Newark$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1920
HeatingForced Air
CoolingCentral Air, Window Unit(s)
MLS #224024323
Lot Size0.11 Acres
StatusActive

About 45 S 5th St

Perfect opportunity to own an investment property in the beautiful downtown Newark. Located in the Special Improvement District (SID). 2 Story, 2,870 sf, well maintained 5 Unit Apartment Building features 4 Studio Units on 1st floor and 1 Bed/1Bath Unit on 2nd floor. All units offer washer/dryer hookups, off street/on street parking spaces. (4) Units currently rent for $800/ mo and (1) Unit $760 /mo. 2nd Flr Unit has long term tenant. New roof within 5 yrs, exterior paint, new windows upstairs, some replacements downstairs, (2) 1st Flr Units currently being updated. Storage shed on site. Easy access to SR 16/40/79/161 and I70/270/71.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 2,870 SqFt

Listing Office:

  • Office Name: Century 21 Frank Frye
  • Office Phone: (740) 345-4001
  • Listing Agent: Cynthia Layton

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $157/SqFt
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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

$228.6K

Med. Price/SqFt

$161

Avg. Days On Market

68

# of Sold Homes

8

45 S 5th St vs Newark

2 DAYS ON ROCKET

-66 Days

$449,900

+$221.3K More

$157/SqFt

-$4 Less

KEY TAKEAWAY

This property is $221.3K more than the Median Sold Price and $4/SqFt less 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: #224024323

Listing Office:

  • Office Name: Century 21 Frank Frye
  • Office Phone: (740) 345-4001
  • Listing Agent: Cynthia Layton

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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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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-165970
5
/10

  • Ben Franklin Elementary School

  • 533 Beacon Rd

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-165971
5
/10

  • Carson Elementary School

  • 549 E Main St

  • 1.36 miles

  • Public District Grades KG-5

school-card-donut-165972
5
/10

  • McGuffey Elementary School

  • 130 Green Wave Dr

  • 1.43 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,856. The most common annual income of people living in Newark, OH is less than $35k. Typical family type is single, no kids. The most common level of education of people living 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.

Types of housing 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.

What is it like to live in Newark, OH?

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.

Is it easy to get around Newark, OH without a car?

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.

Transportation in Newark, OH.

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 45 S 5th St

What is the listing price of this property?

The listing price of 45 S 5th St property is $449,900.

What type of property is this?

The property 45 S 5th St is a condo located in Newark, Ohio, 43055.

Is this property for sale now?

Active Listing: 45 S 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 45 S 5th St is 2,870 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 45 S 5th St is 1920.

Rocket Homes›Ohio›Licking County›Newark›43055›45 S 5th St

This home is located at 45 S 5th St in Newark, OH and zip code 43055. This 2,870 square foot home, which was built in 1920, sits on a 0.11 acre lot. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $449,900.

Newark, OH housing market in November 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. Between October 2024 and November 2024, Newark, OH real estate market has seen decrease in the number of listings 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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