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274 Obannon Avenue

274 Obannon Avenue, Newark, OH 43055
Property in Madison
Sold Jan 06, 2022
$165,000
$122,000 by Equity Resources Inc
Mortgage Due Jan 01, 2052
274 Obannon Avenue has been categorized by the local assessors in Newark, OH as a residential type of property. The building on the property was first built in 1979 and is 45 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 274 Obannon Avenue has 1,092 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 24,829 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 520 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 274 Obannon Avenue sold most recently in Dec 21, 2021 for a total of $165,000. If you work out the math, that's approximately a cost of $151.10 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,956 in taxes each year. 274 Obannon Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $44,210. If we break it down further, the land itself was valued at $6,650. Improvements to the property, however, were assessed at a total of $37,560. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,092
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 1,092
  • Gross Building Area: 2,184
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: 0.573 AC LOT 2 SOUTH DIV R11 T2 Q2

Ownership

  • Current Owner : FOX JORDAN
  • Previous Owner : MYERS AARON
  • Previous Owner 2: ESTATE OF PAUL C MYERS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Parcel: 049-166680-00.000
  • Lot: 2
  • Municipality: MADISON
  • Latitude: 40.0678
  • Longitude: -82.3689

    Address

  • Full Address: 274 Obannon Ave
  • Address - House Number: 274
  • Address - Street Name: Obannon
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Newark
  • Carrier Code: C019
  • 4-Digit Zip Code: 6771
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,956
  • Tax Rate Code Area: 049

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 68
  • Final Value: 204,602
  • High Value: 251,701
  • Low Value: 157,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,000
  • First Open Lien Mortgage Lender: EQUITY RESOURCES INC
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Loan Amount: $122,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $126,300
  • Market Land Value: $19,000
  • Market Improvement Value: $107,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,210
  • Assessed Land Value: $6,650
  • Assessed Improvements Value: $37,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Transaction ID: 11876873184
  • Current Sale Price: $165,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 202201060000483

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY RESOURCES INC
  • First Mortgage Transaction Date: Jan 06, 2022
  • First Mortgage Loan Amount: $122,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Licking



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 274 Obannon Avenue located in?
The 274 Obannon Avenue is a located in the neighborhood of Madison in Licking, Newark.
What is the average sales price for listings in 274 Obannon Avenue?
The average sales price for units in 274 Obannon Avenue is $0 currently.

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