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574 Essex Downs Road

574 Essex Downs Road, Newark, OH 43055
Property in Wherwood Downs
Sold Apr 19, 2016
$116,500
$114,389 by Mb Financial Bank Na
Mortgage Due May 01, 2046
Sold Jan 20, 2005
$101,900
$76,900 by Village Mortgage Corp
Mortgage Due Jan 01, 2035
Local assessors in Newark, OH have categorized 574 Essex Downs Road as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 16,988 square feet. The linear feet between the front and back of the lot was measured at 2,250 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 are also 2 partial bathrooms. 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 574 Essex Downs Road has a total of 1,388 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 880 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 masonry 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 574 Essex Downs Road was last sold in Apr 15, 2016 for $116,500. According to our calculations, that's $83.93 per sqft. Prior to that sales transaction, the property was sold for $101,900 in Jan 4, 2005. Current property owners are expected to pay $2,423 in taxes per year. The property on 574 Essex Downs Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $43,260. To break that down further, the land itself was valued at $11,480. While improvements to the property were assessed at a total of $31,780. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 880
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,388
  • Gross Building Area: 1,828
  • Building Area: 1,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,388
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DERBY DOWNS
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 11101 SHERWOOD DOWNS ADD NO 2 REPLAT

Ownership

  • Current Owner : BOJARZIN BLAKE D
  • Previous Owner : GOINS KRISTEL L
  • Previous Owner 2: GOINS ROBERT D
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

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: 054-290844-49.000
  • Lot: 11101
  • Municipality: NEWARK
  • Latitude: 40.0983
  • Longitude: -82.4441

    Address

  • Full Address: 574 Essex Downs Rd
  • Address - House Number: 574
  • Address - Street Name: Essex Downs
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Newark
  • Carrier Code: C029
  • 4-Digit Zip Code: 3373
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,423
  • Tax Rate Code Area: 054

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 69
  • Final Value: 217,712
  • High Value: 265,442
  • Low Value: 169,982

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,389
  • First Open Lien Mortgage Lender: MB FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Apr 19, 2016
  • First Open Lien Mortgage Loan Amount: $114,389
  • 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: May 01, 2046

    Market Valuation

  • Market Total Value: $123,600
  • Market Land Value: $32,800
  • Market Improvement Value: $90,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,260
  • Assessed Land Value: $11,480
  • Assessed Improvements Value: $31,780

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2016
  • Current Sale Recording Date: Apr 19, 2016
  • Current Sale Transaction ID: 1524955680
  • Current Sale Price: $116,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201604190007538
  • Previous Sale Recording Date: Jan 20, 2005
  • Previous Sale Contract Date: Jan 04, 2005
  • Previous Sale Amount: $101,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MB FINANCIAL BANK NA
  • First Mortgage Transaction Date: Apr 19, 2016
  • First Mortgage Loan Amount: $114,389
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: VILLAGE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 20, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $76,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Wherwood Downs



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Frequently Asked Questions

What neighborhood is 574 Essex Downs Road located in?
The 574 Essex Downs Road is a located in the neighborhood of Wherwood Downs in Wherwood Downs, Newark.
What is the average sales price for listings in 574 Essex Downs Road?
The average sales price for units in 574 Essex Downs Road is $0 currently.

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