3 days on Rocket
$7,232 Closing Credit¹
#225011690, Morgan Wills Baehr, Listing Office: Merriman and Co. Real Estate
$688,500 List price
701 Colby Way Newark, OH 43055
$8,176
Closing credit¹
4 beds
4 full, 1 partial
2,712 sqft
3.2 acres
$254 / sqft
House
Property details
About 701 Colby Way
Don't miss this 3.16 acre, custom new-build home in The Village of Hanover, walking distance to Licking Valley Schools. The open concept greatroom area has soaring 12' vaulted ceilings, an entertainers kitchen with soft-close, all wood cabinetry, huge island a lovely dining room space. 2 Owners Suites plus 2 more spacious bedrooms and 4.5 bathrooms give homeowners so much space to spread out. This home has an oversized 4 car garage and ~2700ft.² poured wall basement plumbed for a future bath. Quality finishes are found throughout the home; a stunning HUGE tile master shower, black matte faucets & fixtures, Andersen double hung windows, Owens Corning roof, quartz countertops, walk-in pantry, crown molding &concrete covered front and back porches. Don't miss this amazing home with NO HOA!
Highlights
Home typeSingle Family Residence
StatusAccepting Backup Offers
(Contingent Escape)
(Contingent Escape)
CoolingCentral Air
Size2,712 sqft
BasementYes
Lot size3.16 Acres
Year builtNew Const., 2024
ParkingGarage Door Opener, Detached Garage
MLS #224042060
Garage4 spaces
Summary
- MLS Number: 224042060
- MLS Name: Columbus and Central Ohio Regional MLS
- Office Name: RE/MAX 360
- Office Phone: (740) 928-3600
- Listing Agent: Elizabeth S Miron
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 © 2025 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: 4/15/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$688,500
701 Colby Way
$8,176
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 17, 2021 | Home Sold | $184,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $31,190 | $1,248 |
| 2022 | $19,600 | $883 |
| 2021 | $19,600 | $858 |
| 2020 | $3,330 | $145 |
History based on county public records data.
Nearby schools
5
Licking Valley Elementary School
Public District KG-5
0.9 mi
•1510 Licking Valley Rd
5
Carson Elementary School
Public District KG-5
5.6 mi
•549 E Main St
5
Ben Franklin Elementary School
Public District PK-5
6.7 mi
•533 Beacon Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,207. Most Newark, OH residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
24%
<35k
56%
35k-100k
18%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
23%
Single, No Kids
9%
Single, with Kids
34%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
11%
12-17 yrs old
16%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Newark, OH
About 701 Colby Way
This home is located at 701 Colby Way in Newark, OH and zip code 43055. This 2,712 square foot home, which was built in 2024, sits on a 3.16 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $688,500.
Over 18 listings were sold over their listed price in March 2025 in Newark, OH. In the same period over 23 listings were sold below the listed price and 10 listings were sold for the listed price. The inventory of homes for sale in Newark, OH between February and March 2025 increased by 23.8%. The median list price of listings available in March 2025 was $243,552, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.