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586 Mt Vernon Road

586 Mt Vernon Road, Newark, OH 43055
Property in Newark
Sold Feb 19, 2009
$32,000
$67,000 by The Park National Bank
Mortgage Due Aug 01, 2045
Sold Aug 21, 2008
$50,000
Hud
Buyer
Seller
586 Mt Vernon Road in Newark, OH was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1960. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 586 Mt Vernon Road has 2,004 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 400 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 4,792 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 324 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 no 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. 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, 586 Mt Vernon Road was last sold in Feb 4, 2009 for $32,000. According to our calculations, that's $15.97 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Jan 25, 2008. Current property owners are expected to pay $2,015 in taxes per year. The property on 586 Mt Vernon Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $35,980. To break that down further, the land itself was valued at $5,670. While improvements to the property were assessed at a total of $30,310. 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. 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.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.

Building Features

Exterior

Vinyl Siding
Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 844
  • Garage Type: Detached
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,004
  • Gross Building Area: 2,848
  • Building Area: 2,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,004
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KIBLER PLACE ADDITION
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 5285 KIBLER PLACE ADDITION

Ownership

  • Current Owner : HUGHES RICHARD L
  • Previous Owner : SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Owner Before Previous Owner: FRANCE FRANK
  • 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: 751900

Geography

  • Parcel: 054-275838-00.000
  • Lot: 5285
  • Municipality: NEWARK
  • Latitude: 40.0731
  • Longitude: -82.4127

    Address

  • Full Address: 586 Mount Vernon Rd
  • Address - House Number: 586
  • Address - Street Name: Mount Vernon
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Newark
  • Carrier Code: C054
  • 4-Digit Zip Code: 4614
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,015
  • Tax Rate Code Area: 054

    Appraisal Valuation

  • Standard Deviation: 0.2552
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 63
  • Final Value: 192,344
  • High Value: 241,432
  • Low Value: 143,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,000
  • First Open Lien Mortgage Lender: THE PARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 14, 2015
  • First Open Lien Mortgage Loan Amount: $67,000
  • 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: Aug 01, 2045

    Market Valuation

  • Market Total Value: $102,800
  • Market Land Value: $16,200
  • Market Improvement Value: $86,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,980
  • Assessed Land Value: $5,670
  • Assessed Improvements Value: $30,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2009
  • Current Sale Recording Date: Feb 19, 2009
  • Current Sale Transaction ID: 1133359659
  • Current Sale Price: $32,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200902190003240
  • Previous Sale Recording Date: Aug 21, 2008
  • Previous Sale Contract Date: Jan 25, 2008
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Sheriff's Deed

About Newark



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Frequently Asked Questions

What neighborhood is 586 Mt Vernon Road located in?
The 586 Mt Vernon Road is a located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 586 Mt Vernon Road?
The average sales price for units in 586 Mt Vernon Road is $0 currently.

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