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207 Gay Street

207 Gay Street, Newark, OH 43055
Multifamily in Newark
Sold Apr 29, 2021
$105,000
$84,000 by First Fsla Of Newark
Mortgage Due May 01, 2036
Sold Mar 04, 2008
$96,500
$71,500 by Ohio Heritage Bank Newark
Mortgage
Local assessors in Newark, OH have categorized 207 Gay Street as a residential type of property. The home was built in 1906 and is 118 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 5,663 square feet. The linear feet between the front and back of the lot was measured at 1,460 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 207 Gay Street has a total of 920 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 207 Gay Street was last sold in Apr 1, 2021 for $105,000. According to our calculations, that's $114.13 per sqft. Prior to that sales transaction, the property was sold for $96,500 in Feb 29, 2008. Current property owners are expected to pay $2,221 in taxes per year. The property on 207 Gay Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $39,660. To break that down further, the land itself was valued at $5,430. While improvements to the property were assessed at a total of $34,230. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Vinyl Siding

Parking

Off Street Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1975
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 308
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 400
  • Total Building Area: 920
  • Gross Building Area: 1,228
  • Building Area: 920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAM M JONES HEIRS ADDITION
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 5138 WILLIAM M JONES HEIRS' 1ST ADD

Ownership

  • Current Owner : SALAURYN BUSINESS INVESTMENTS LLC
  • Previous Owner : AZRE TWO LLC
  • Owner Before Previous Owner: RIDENBAUGH CINDA
  • Owner Before Previous Owner 2: BOREN CINDA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • School Tax School District: NEWARK CSD
  • School Tax District Code 2: NEWARK
  • Census Tract: 752200

Geography

  • Parcel: 054-196206-00.000
  • Lot: 5138
  • Municipality: NEWARK
  • Latitude: 40.0646
  • Longitude: -82.3875

    Address

  • Full Address: 207 Gay St
  • Address - House Number: 207
  • Address - Street Name: Gay
  • Address - Suffix Type: St
  • State: OH
  • City Name: Newark
  • Carrier Code: C004
  • 4-Digit Zip Code: 6323
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,221
  • Tax Rate Code Area: 054

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 68
  • Final Value: 149,037
  • High Value: 172,507
  • Low Value: 125,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: FIRST FSLA OF NEWARK
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Loan Amount: $84,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $113,300
  • Market Land Value: $15,500
  • Market Improvement Value: $97,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,660
  • Assessed Land Value: $5,430
  • Assessed Improvements Value: $34,230

    Sales

  • Current Sale Contract Date: Apr 01, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Transaction ID: 11833342739
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202104290012734
  • Previous Sale Recording Date: Mar 04, 2008
  • Previous Sale Contract Date: Feb 29, 2008
  • Previous Sale Amount: $96,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FSLA OF NEWARK
  • First Mortgage Transaction Date: Apr 29, 2021
  • First Mortgage Loan Amount: $84,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: May 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: OHIO HERITAGE BANK NEWARK
  • Previous Mortgage Transaction Date: Mar 04, 2008
  • Previous Mortgage Loan Amount: $71,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Newark



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Frequently Asked Questions

What neighborhood is 207 Gay Street located in?
The 207 Gay Street is a multifamily located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 207 Gay Street?
The average sales price for units in 207 Gay Street is $0 currently.

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