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495 Garfield Avenue

495 Garfield Avenue, Newark, OH 43055
Property in Newark
Sold Mar 18, 2024
$210,000
$193,200 by United Wholesale Mortgage Llc
Mortgage Due Apr 01, 2054
Sold Oct 17, 2023
Transfer
$127,187 by New American Funding
Mortgage Due Oct 01, 2053
Local assessors in Newark, OH have categorized 495 Garfield Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 450 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 495 Garfield Avenue has a total of 1,358 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 495 Garfield Avenue sold most recently in Mar 12, 2024 for a total of $210,000. If you work out the math, that's approximately a cost of $154.64 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 $1,629 in taxes each year. 495 Garfield Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $29,090. If we break it down further, the land itself was valued at $5,430. Improvements to the property, however, were assessed at a total of $23,660. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1940
  • Effective Year Built: 1940
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 928
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,358
  • Gross Building Area: 2,286
  • Building Area: 1,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,358
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLINWOOD/HEISEY
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 3880 HEISEY

Ownership

  • Current Owner : RITTER AMY L
  • Previous Owner : CRAMER JACOB
  • Previous Owner 2: CRAMER DESTINY
  • Owner Before Previous Owner: CRAMER JACOB CHARLES
  • Owner Before Previous Owner 2: CRAMER DESTINY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

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: 054-199338-00.000
  • Lot: 3880
  • Municipality: NEWARK
  • Latitude: 40.067
  • Longitude: -82.3796

    Address

  • Full Address: 495 Garfield Ave
  • Address - House Number: 495
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Newark
  • Carrier Code: C004
  • 4-Digit Zip Code: 6845
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,629
  • Tax Rate Code Area: 054

    Appraisal Valuation

  • Standard Deviation: 0.1467
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 82
  • Final Value: 212,472
  • High Value: 243,663
  • Low Value: 181,282

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $193,200
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 18, 2024
  • First Open Lien Mortgage Loan Amount: $193,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $83,100
  • Market Land Value: $15,500
  • Market Improvement Value: $67,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,090
  • Assessed Land Value: $5,430
  • Assessed Improvements Value: $23,660

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 2024
  • Current Sale Recording Date: Mar 18, 2024
  • Current Sale Transaction ID: 11922582335
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4368
  • Previous Sale Recording Date: Oct 17, 2023
  • Previous Sale Contract Date: Sep 25, 2023
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 18, 2024
  • First Mortgage Loan Amount: $193,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: Oct 17, 2023
  • Previous Mortgage Loan Amount: $127,187
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2053

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Frequently Asked Questions

What neighborhood is 495 Garfield Avenue located in?
The 495 Garfield Avenue is a located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 495 Garfield Avenue?
The average sales price for units in 495 Garfield Avenue is $0 currently.

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