new - 2 days on rocket

701 Colby Way, Newark, OH, 43055

$688,500

Home List Price

$8,176*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
2,712 SqFt
$254/SqFt
House

Location

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701 Colby Way, Newark$688,500

Buyer Closing Credits

$8,176*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Garage, Opener
Garage4 spaces
Year BuiltNew Const., 2024
CoolingCentral Air
BasementYes
MLS #224042060
Lot Size2.53 Acres
StatusActive

About 701 Colby Way

Beautiful custom new-build house on almost 3 acres in The Village of Hanover, walking distance to Licking Valley Schools. Don't miss it! The main floor has a fantastic kitchen with soft-close, all wood cabinetry, a huge island that easily seats 5, spacious vaulted great room, dining room, laundry & TWO master suites. 2 more bedrooms along with a total of 4.5 bathrooms give homeowners so much space to spread out. This home has an oversized 4 car garage and ~2700ft.² poured wall basement plumbed for a future bath. Quality custom finishes are found throughout the home; a stunning HUGE custom tile master shower, black matte faucets & fixtures, Andersen double hung windows, quartz countertops, walk-in pantry, crown molding &concrete covered front and back porches. Don't miss this amazing home!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 2024
  • Living Area: 2,712 SqFt

Listing Office:

  • Office Name: RE/MAX 360
  • Office Phone: (740) 928-3600
  • Listing Agent: Elizabeth S Miron

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Ceramic/Porcelain, Vinyl

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Patio, Well

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached Garage, Opener

Lot Features

Lot Information:

  • Lot Size: 2.53 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hainesview Dr to Colby Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $688,500
  • Price Per SqFt: $254/SqFt

Tax Information:

  • Annual Amount: $145
  • 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

$228.6K

Med. Price/SqFt

$161

Avg. Days On Market

68

# of Sold Homes

8

701 Colby Way vs Newark

2 DAYS ON ROCKET

-66 Days

$688,500

+$459.9K More

$254/SqFt

+$93 More

KEY TAKEAWAY

This property is $459.9K more than the Median Sold Price and $93/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: #224042060

Listing Office:

  • Office Name: RE/MAX 360
  • Office Phone: (740) 928-3600
  • Listing Agent: Elizabeth S Miron

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

Listing History

Aug 17, 2021Home Sold
$184,000

Tax History

YEARPROP. TAXASSESSMENT
2020$145$3,330

History based on county public records data.

Payment Calculator

$3,504

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,131

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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-184580
5
/10

  • Licking Valley Elementary School

  • 1510 Licking Valley Rd

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-184581
5
/10

  • Carson Elementary School

  • 549 E Main St

  • 5.61 miles

  • Public District Grades KG-5

school-card-donut-184582
5
/10

  • Ben Franklin Elementary School

  • 533 Beacon Rd

  • 6.74 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 $61,207. The most common annual income of people living in Newark, OH is between $35k-100k. Most families are married, with kids. 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 are the common housing types 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 are the advantages of living 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.

Are essential services in Newark, OH convenient?

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.

How do Newark, OH residents get around?

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 701 Colby Way

What is the listing price of this property?

The listing price of 701 Colby Way property is $688,500.

What type of property is this?

The property 701 Colby Way is a house located in Newark, Ohio, 43055.

Is this property for sale now?

Active Listing: 701 Colby Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $145 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 17, 2021 for $184,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 701 Colby Way has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 701 Colby Way is 2,712 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 Colby Way is 2024.

Rocket Homes›Ohio›Licking County›Newark›43055›701 Colby Way

This home is located at 701 Colby Way in Newark, OH and zip code 43055. This 2,712 square foot home, which was built in 2024, sits on a 2.53 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $688,500.

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 number of listings in Newark, OH decreased by 9.7% between October 2024 and November 2024. In November 2024, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $228,600.

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

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