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583 Ridgefield Road

583 Ridgefield Road, Newark, OH 43055
Property in Edgewood Park
Sold Dec 24, 2018
$94,000
$94,000 by First Federal Bank Of The Midw
Mortgage Due Apr 01, 2044
Sold Mar 27, 2018
$68,000
583 Ridgefield Road in Newark, OH was first built in 1961 and is 63 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 583 Ridgefield Road has 925 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 550 ft and the linear feet between the front and back of the lot is 1,110. In total, the area measurement of the land is 6,098 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 detached garage. The garage is 308 sqft. There is one available parking space. 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 alum/vinyl siding. 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. 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, 583 Ridgefield Road sold most recently in Dec 19, 2018 for a total of $94,000. If you work out the math, that's approximately a cost of $101.62 per sqft. Before that, the property was also sold for $68,000 in Mar 26, 2018. 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 $1,898 in taxes each year. 583 Ridgefield Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $33,890. If we break it down further, the land itself was valued at $7,950. Improvements to the property, however, were assessed at a total of $25,940. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1961
  • Effective Year Built: 1961
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 550
  • Total Building Area: 925
  • Gross Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDGEWOOD PARK
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 8927 EDGEWOOD PARK REVISED

Ownership

  • Current Owner : FLINN RACHEL L
  • Previous Owner : HABITAT FOR HUMANITY MIDOHIO
  • Owner Before Previous Owner: TOUVELL MELISSA A
  • 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: 750700

Geography

  • Parcel: 054-232692-00.000
  • Lot: 8927
  • Municipality: NEWARK
  • Latitude: 40.0425
  • Longitude: -82.4222

    Address

  • Full Address: 583 Ridgefield Rd
  • Address - House Number: 583
  • Address - Street Name: Ridgefield
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Newark
  • Carrier Code: C036
  • 4-Digit Zip Code: 3707
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,898
  • Tax Rate Code Area: 054

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 68
  • Final Value: 124,672
  • High Value: 144,305
  • Low Value: 105,038

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $94,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • First Open Lien Mortgage Recording Date: Dec 24, 2018
  • First Open Lien Mortgage Loan Amount: $94,000
  • First Open Lien Mortgage Term: 303
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2044

    Market Valuation

  • Market Total Value: $96,800
  • Market Land Value: $22,700
  • Market Improvement Value: $74,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,890
  • Assessed Land Value: $7,950
  • Assessed Improvements Value: $25,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 19, 2018
  • Current Sale Recording Date: Dec 24, 2018
  • Current Sale Transaction ID: 11546889221
  • Current Sale Price: $94,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201812240027135
  • Previous Sale Recording Date: Mar 27, 2018
  • Previous Sale Contract Date: Mar 26, 2018
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Fiduciary Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • First Mortgage Transaction Date: Dec 24, 2018
  • First Mortgage Loan Amount: $94,000
  • First Mortgage Terms: 303
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2044

About Edgewood Park



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Frequently Asked Questions

What neighborhood is 583 Ridgefield Road located in?
The 583 Ridgefield Road is a located in the neighborhood of Edgewood Park in Edgewood Park, Newark.
What is the average sales price for listings in 583 Ridgefield Road?
The average sales price for units in 583 Ridgefield Road is $0 currently.

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