$688,500

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)
CoolingCentral Air
Size2,712 sqft
BasementYes
Lot size3.16 Acres
Year builtNew Const., 2024
ParkingDetached Garage, Opener
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

IDX 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: 3/13/2025, 9:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a garage and a front lawn

$688,500

701 Colby Way

$8,176

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 17, 2021
Home Sold
$184,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,207. Typical income of Newark, OH residents is between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.

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?

  • HuntingHunting
  • Monster TrucksMonster Trucks
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic 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.

In February 2025 more than 14 listings in Newark, OH were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 15 were sold below. The inventory of homes for sale in Newark, OH between January and February 2025 increased by 6.6%. While the average time on the market in February 2025 was 30 days, the median list price was $243,285.

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

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