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730 Sherman Avenue

730 Sherman Avenue, Newark, OH 43055
Property in Newark
Sold Jun 17, 2020
$50,000
$94,400 by The Vinton County National Ban
Mortgage Due Jun 04, 2040
Sold Apr 23, 2004
$59,900
$53,910 by The Park National Bank
Mortgage Due May 01, 2019
730 Sherman Avenue has been categorized by the local assessors in Newark, OH as a residential type of property. The building on the property was first built in 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 1955. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 730 Sherman Avenue has 1,056 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 480 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it 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, 730 Sherman Avenue sold most recently in Apr 6, 2020 for a total of $50,000. If you work out the math, that's approximately a cost of $47.35 per sqft. Before that, the property was also sold for $59,900 in Apr 21, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $945 in taxes each year. 730 Sherman Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $16,880. If we break it down further, the land itself was valued at $2,560. Improvements to the property, however, were assessed at a total of $14,320. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1930
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,742
  • Lot Size Depth Feet: 480
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.04
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: 0.04 AC LOT 1 NORTH DIV R11 T2 Q2

Ownership

  • Current Owner : SW OH HOLDINGS 3 LLC
  • Previous Owner : AMERICAN PROPERTY MANAGEMENT LLC
  • Owner Before Previous Owner: WHITESIDE JOHN R
  • Owner Before Previous Owner 2: WHITESIDE JUNE A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • School Tax School District: NEWARK CSD
  • School Tax District Code 2: NEWARK
  • Census Tract: 752500

Geography

  • Parcel: 054-198012-00.000
  • Lot: 1
  • Municipality: NEWARK
  • Latitude: 40.062
  • Longitude: -82.3725

    Address

  • Full Address: 730 Sherman Ave
  • Address - House Number: 730
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Newark
  • Carrier Code: C019
  • 4-Digit Zip Code: 6948
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $945
  • Tax Rate Code Area: 054

    Appraisal Valuation

  • Standard Deviation: 0.2169
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 70
  • Final Value: 88,795
  • High Value: 108,058
  • Low Value: 69,532

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $94,400
  • First Open Lien Mortgage Lender: THE VINTON COUNTY NATIONAL BAN
  • First Open Lien Mortgage Recording Date: Jun 17, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $94,400
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 04, 2040

    Market Valuation

  • Market Total Value: $48,200
  • Market Land Value: $7,300
  • Market Improvement Value: $40,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,880
  • Assessed Land Value: $2,560
  • Assessed Improvements Value: $14,320

    Sales

  • Current Sale Contract Date: Apr 06, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Transaction ID: 11768787466
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202006170014470
  • Previous Sale Recording Date: Apr 23, 2004
  • Previous Sale Contract Date: Apr 21, 2004
  • Previous Sale Amount: $59,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE VINTON COUNTY NATIONAL BAN
  • First Mortgage Transaction Date: Jun 17, 2020
  • First Mortgage Loan Amount: $94,400
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jun 04, 2040

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: THE PARK NATIONAL BANK
  • Previous Mortgage Transaction Date: Apr 23, 2004
  • Previous Mortgage Loan Amount: $53,910
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2019

About Newark



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Frequently Asked Questions

What neighborhood is 730 Sherman Avenue located in?
The 730 Sherman Avenue is a located in the neighborhood of Newark in Newark, Newark.
What is the average sales price for listings in 730 Sherman Avenue?
The average sales price for units in 730 Sherman Avenue is $0 currently.

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