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368 Derby Downs Road

368 Derby Downs Road, Newark, OH 43055
Property in Sherwood Downs
Sold Sep 03, 2020
$225,000
$195,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2050
Sold Nov 23, 2016
$157,000
$154,156 by Movement Mortgage
Mortgage Due Nov 01, 2046
368 Derby Downs Road in Newark, OH was first built in 1967 and is 57 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 368 Derby Downs Road has 1,300 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 520 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 368 Derby Downs Road sold most recently in Aug 18, 2020 for a total of $225,000. If you work out the math, that's approximately a cost of $173.08 per sqft. Before that, the property was also sold for $157,000 in Oct 17, 2016. 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 $3,478 in taxes each year. 368 Derby Downs Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $56,600. If we break it down further, the land itself was valued at $15,160. Improvements to the property, however, were assessed at a total of $41,440. 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: 1967
  • Effective Year Built: 1967
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,284
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,300
  • Gross Building Area: 2,584
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DERBY DOWNS
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 31 SHERWOOD DOWNS ADD NO 1

Ownership

  • Current Owner : TUCKER ANGEL
  • Current Owner 2: TUCKER JEFFREY R
  • Previous Owner : CAMPBELL ANDREW K
  • Owner Before Previous Owner: TUCKER RICHARD E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • School Tax School District: NEWARK CSD
  • Census Tract: 754104

Geography

  • Parcel: 058-294330-00.000
  • Lot: 31
  • Municipality: NEWARK
  • Latitude: 40.0968
  • Longitude: -82.437

    Address

  • Full Address: 368 Derby Downs Rd
  • Address - House Number: 368
  • Address - Street Name: Derby Downs
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Newark
  • Carrier Code: C029
  • 4-Digit Zip Code: 3329
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,478
  • Tax Rate Code Area: 058

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 69
  • Final Value: 273,334
  • High Value: 334,698
  • Low Value: 211,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $195,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $161,700
  • Market Land Value: $43,300
  • Market Improvement Value: $118,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,600
  • Assessed Land Value: $15,160
  • Assessed Improvements Value: $41,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11785711481
  • Current Sale Price: $225,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 202009030022863
  • Previous Sale Recording Date: Nov 23, 2016
  • Previous Sale Contract Date: Oct 17, 2016
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: Fiduciary Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Nov 23, 2016
  • Previous Mortgage Loan Amount: $154,156
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Sherwood Downs



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Frequently Asked Questions

What neighborhood is 368 Derby Downs Road located in?
The 368 Derby Downs Road is a located in the neighborhood of Sherwood Downs in Sherwood Downs, Newark.
What is the average sales price for listings in 368 Derby Downs Road?
The average sales price for units in 368 Derby Downs Road is $0 currently.

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