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572 Greenwood Loop

572 Greenwood Loop, Newark, OH 43055
Property in Park Trails
Sold Oct 28, 2021
$420,000
$330,000 by The Community Bank
Mortgage Due Nov 01, 2051
Sold Nov 03, 2017
$340,900
$316,319 by American Mortgage Service Co
Mortgage Due Nov 01, 2047
572 Greenwood Loop in Newark, OH was first built in 2017 and is 7 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 572 Greenwood Loop has 3,097 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 800 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 10,890 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 660 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 average. The exterior walls of the home are made of masonry. 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, 572 Greenwood Loop sold most recently in Oct 4, 2021 for a total of $420,000. If you work out the math, that's approximately a cost of $135.62 per sqft. Before that, the property was also sold for $340,900 in Oct 31, 2017. 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 $12,550 in taxes each year. 572 Greenwood Loop was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $119,840. If we break it down further, the land itself was valued at $18,900. Improvements to the property, however, were assessed at a total of $100,940. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 2017
  • Effective Year Built: 2017
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,360
  • Garage Type: Attached
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,097
  • Gross Building Area: 4,457
  • Building Area: 3,097
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,097
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK TRAILS
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 13166 PARK TRAILS SEC 5 (0.248 AC)

Ownership

  • Current Owner : MOON RYAN M
  • Current Owner 2: MOON EMILY K
  • Previous Owner : RUDDER WILLIAM
  • Previous Owner 2: RUDDER AMIE
  • Owner Before Previous Owner: WESTPORT HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Granville Exempted Village School District
  • School Tax School District: GRANVILLE EVSD
  • School Tax District Code 2: NEWARK
  • Census Tract: 753302

Geography

  • Parcel: 056-042264-00.338
  • Lot: 13166
  • Municipality: NEWARK
  • Latitude: 40.0539
  • Longitude: -82.4957

    Address

  • Full Address: 572 Greenwood Loop
  • Address - House Number: 572
  • Address - Street Name: Greenwood
  • Address - Suffix Type: Loop
  • State: OH
  • City Name: Newark
  • Carrier Code: R015
  • 4-Digit Zip Code: 7060
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,550
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 69
  • Final Value: 500,915
  • High Value: 612,392
  • Low Value: 389,438

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $330,000
  • First Open Lien Mortgage Lender: THE COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Loan Amount: $330,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $342,400
  • Market Land Value: $54,000
  • Market Improvement Value: $288,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,840
  • Assessed Land Value: $18,900
  • Assessed Improvements Value: $100,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11861653338
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202110280032979
  • Previous Sale Recording Date: Nov 03, 2017
  • Previous Sale Contract Date: Oct 31, 2017
  • Previous Sale Amount: $340,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE COMMUNITY BANK
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE SERVICE CO
  • Previous Mortgage Transaction Date: Nov 03, 2017
  • Previous Mortgage Loan Amount: $316,319
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Park Trails



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Frequently Asked Questions

What neighborhood is 572 Greenwood Loop located in?
The 572 Greenwood Loop is a located in the neighborhood of Park Trails in Park Trails, Newark.
What is the average sales price for listings in 572 Greenwood Loop?
The average sales price for units in 572 Greenwood Loop is $0 currently.

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