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483 Sherwood Downs Road

483 Sherwood Downs Road, Newark, OH 43055
Property in Sherwood Downs
Sold Oct 27, 2011
Transfer
$111,403 by The Park National Bank
Mortgage Due Nov 01, 2041
Sold Aug 22, 1996
$103,000
$95,500 by Broadview Mtg Co
Mortgage Due Aug 22, 2026
483 Sherwood Downs Road 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 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 8 rooms. 5 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, 483 Sherwood Downs Road has 1,456 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,260 ft and across the front of the lot is 840 ft. The area measurement of the land has been determined as 10,890 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 572 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 masonry. 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. Before that, the property was also sold for $103,000 in Aug 22, 1996. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,056 in taxes each year. 483 Sherwood Downs Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $54,570. If we break it down further, the land itself was valued at $9,280. Improvements to the property, however, were assessed at a total of $45,290. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1978
  • Effective Year Built: 1980
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,456
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,456
  • Gross Building Area: 2,912
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DERBY DOWNS
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 10509 SHERWOOD DOWNS 4

Ownership

  • Current Owner : FORD KARL F
  • Current Owner 2: FORD SUSAN L
  • Previous Owner : FORD SUSAN L
  • Previous Owner 2: MORRISON SUSAN L
  • Owner Before Previous Owner: PICKENS JACK L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Newark City School District
  • School Tax School District: NEWARK CSD
  • School Tax District Code 2: NEWARK
  • Census Tract: 754104

Geography

  • Parcel: 054-286314-54.000
  • Lot: 10509
  • Municipality: NEWARK
  • Latitude: 40.0939
  • Longitude: -82.4373

    Address

  • Full Address: 483 Sherwood Downs Rd S
  • Address - House Number: 483
  • Street Segment Direction: S
  • Address - Street Name: Sherwood Downs
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Newark
  • Carrier Code: C029
  • 4-Digit Zip Code: 3223
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,056
  • Tax Rate Code Area: 054

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 69
  • Final Value: 262,984
  • High Value: 321,448
  • Low Value: 204,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,403
  • First Open Lien Mortgage Lender: THE PARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2011
  • First Open Lien Mortgage Loan Amount: $111,403
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $155,900
  • Market Land Value: $26,500
  • Market Improvement Value: $129,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,570
  • Assessed Land Value: $9,280
  • Assessed Improvements Value: $45,290

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2011
  • Current Sale Recording Date: Oct 27, 2011
  • Current Sale Transaction ID: 1133354559
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 201110270020460
  • Previous Sale Recording Date: Aug 22, 1996
  • Previous Sale Contract Date: Aug 22, 1996
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE PARK NATIONAL BANK
  • First Mortgage Transaction Date: Oct 27, 2011
  • First Mortgage Loan Amount: $111,403
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: BROADVIEW MTG CO
  • Previous Mortgage Transaction Date: Aug 22, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $95,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 22, 2026

About Sherwood Downs



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Frequently Asked Questions

What neighborhood is 483 Sherwood Downs Road located in?
The 483 Sherwood Downs Road is a located in the neighborhood of Sherwood Downs in Sherwood Downs, Newark.
What is the average sales price for listings in 483 Sherwood Downs Road?
The average sales price for units in 483 Sherwood Downs Road is $0 currently.

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