1972 Cherry Valley Rd, Newark, OH, 43055

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

1972 Cherry Valley Rd, Newark$369,900

Buyer Closing Credits

$4,393^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Parking2 Off Street, 5 Car Garage +, Attached Garage, Detached Garage

Attached Garage6 spaces

Year Built1915

HeatingForced Air, Natural Gas

CoolingCentral Air

BasementYes

MLS #224007712

Lot Size0.96 Acres

StatusAccepting Backup Offers
(Contingent)

About 1972 Cherry Valley Rd

Many options with this great property! This home has a lot of living space with room for a home office. Attached oversized garage and also a 48 x 40 pole barn for all the toys you can fit inside. Zoned Business! Live there and run a business or rent the home and business space out for income. Use the pole barn or rent it out for RV/boat storage or for business use. Great location for an auto/truck repair business. Much potential with this property.

View More

Property Details

Property Features

Property Information:

• Architectural Style: 1 Story
• Year Built: 1915
• Living Area: 2,788 SqFt

Listing Office:

• Office Name: Century 21 Frank Frye
• Listing Agent: Bryan Long

Interior Features

Interior Information:

• Appliances: Washer/Dryer Connection, Electric Range, Gas Water Heater
• Basement: Yes
• Flooring Type: Carpet, Laminate-Artificial, Vinyl
• Interior: Electric Dryer Hookup, Electric Range, Gas Water Heater

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Exterior: Vinyl Siding, Additional Building, Deck, Fenced Yard

Parking Information:

• Garage Space: 6 spaces
• Attached Garage: Yes
• Parking: 2 Off Street, 5 Car Garage +, Attached Garage, Detached Garage

Lot Features

Lot Information:

• Lot Size: 0.96 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Natural Gas
• Cooling: Central Air

School Info

Assigned Schools Information:

• Newark High School, Public District Grades 9-12
• Wilson Middle School, Public District Grades 6-8
• Cherry Valley Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

• List Price: $369,900
• Price Per SqFt: $133/SqFt

Tax Information:

• Annual Amount: $1,519
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Newark, OH.

Newark, OH

City

Med. Sold Price

$222.4K

Med. Price/SqFt

$154

Avg. Days On Market

22

# of Sold Homes

63

1972 Cherry Valley Rd vs Newark

48 DAYS ON ROCKET

+26 Days

$369,900

+$147.4K More

$133/SqFt

-$22 Less

KEY TAKEAWAY

This property is $147.4K more than the Median Sold Price and $22/SqFt less than other homes in Newark, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #224007712

Listing Office:

• Office Name: Century 21 Frank Frye
• Listing Agent: Bryan Long

The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 3:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,519	$43,340
2019	$1,108	$33,320
2018	$1,109	$33,320
2017	$1,063	$33,320

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,914

Per Month

Principal & Interest

$1,847

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Ohio›Licking County›Newark›43055›1972 Cherry Valley Rd

This home is located at 1972 Cherry Valley Rd in Newark, OH and zip code 43055. This 2,788 square foot home, which was built in 1915, sits on a 0.96 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $369,900.

Over 24 listings were sold over their listed price in April 2024 in Newark, OH. In the same period over 23 listings were sold below the listed price and 16 listings were sold for the listed price. The number of homes for sale in Newark, OH increased by 6.4% between March 2024 and April 2024. The median list price of listings available in April 2024 was $222,416, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.