#225025480, Daniel Richard Elwell, Listing office: Howard Hanna Real Estate Svcs
Property details
About 703 Colby Way
This custom home by Schlabach Builders combines exceptional craftsmanship with the convenience of single-level living. Built in 2021 this home is situated on a large corner lot in the highly desirable Hainsview Estates, and is just minutes from Licking Valley Schools. 15ft cathedral ceilings invite you into the open concept living space perfect for hosting large gatherings, yet intimate enough for a quiet night in. The kitchen anchors this space with a large center island, and features poplar cabinets, quartz countertops and stainless steel appliances. LVP flooring is carried seamlessly throughout the main living spaces. The primary suite is privately situated away from the other bedrooms, and features a walk-in closet. The large primary bathroom has a dual vanity, tiled shower surround, and is adjacent to the first floor laundry room. The additional two bedrooms share a generous hall bath, and a separate study located off of the entryway is the perfect space for a home office. A mudroom with custom built-in shelving leads to the oversized two-car garage, while a 12'x16' shed offers an abundance of additional storage space. The backyard is a secluded retreat fully surrounded by a privacy fence, and features a large concrete patio, hot tub and a paver fire pit area. Extensive landscaping accentuates the home, and large side yard. Come experience this beautiful home, and the welcoming neighborhood of Hainsview Estates.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,746 sqft
Lot size0.8 Acres
Year built2021
ParkingGarage Door Opener, Attached Garage
MLS #225028676
Attached garage2 spaces
Summary
- Full Bathrooms: 2
- Basement: No
- Flooring Type: Laminate, Carpet, Ceramic/Porcelain
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Garage Door Opener, Attached Garage
- Exterior: Hot Tub
- Architectural Style: Ranch
- Heating: Forced Air
- Cooling: Central Air
- List Price: $549,900
- Price/SqFt: $314
- Annual Tax Amount: $4,289
- Tax Year: 2023
- Directions: From Licking Valley Rd take Hainsview Dr to Colby Way.
- Year Built: 2021
- Living Area: 1,746 SqFt
- Lot Size: 0.8 Acres
- MLS Number: 225028676
- Office Name: Key Realty
- Office Phone: (614) 300-0771
- Listing Agent: Joshua Wymer
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: 8/1/2025, 5:10:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 10, 2020 | Home Sold | $47,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $115,120 | $4,289 |
| 2022 | $113,120 | $6,852 |
| 2021 | $16,770 | $725 |
| 2020 | $3,330 | $205 |
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
5.7 mi
•549 E Main St
5
Ben Franklin Elementary School
Public District PK-5
6.8 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. Residents of Newark, OH typically earn between $35k-100k each year. The majority of families are married, no kids. Residents of this area typically 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
Similar homes for sale
Frequently asked questions
Living in Newark, OH
Newark's transportation infrastructure includes a variety of options for residents. Public transit services are available, with bus routes connecting key areas of the city. The community's road network facilitates easy access to nearby cities and towns, and there are plans to enhance transportation efficiency and accessibility. The city is also increasingly bike-friendly, with dedicated lanes and trails that encourage cycling as a mode of transport.
Residents of Newark have access to a solid educational system, with multiple public schools serving the area, as well as private institutions that cater to a range of educational needs. The city is served by a network of healthcare facilities, including a well-regarded hospital that provides emergency services and specialized care. Newark's public library system is a valuable resource for the community, and the city offers a diverse array of retail and dining options that reflect the local culture.
Newark is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its historical landmarks, including the famous Newark Earthworks, and its vibrant downtown area that hosts a variety of local events and festivals throughout the year. These gatherings not only entertain but also foster a strong sense of community among residents.
The housing landscape in Newark, Ohio, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes often feature traditional and colonial designs, reflecting the city's rich history. The market also includes a selection of apartments and townhouses, providing options for various lifestyles and family sizes. The area has seen a steady growth in homeownership, with a significant portion of residents owning their homes.
About 703 Colby Way
The listing price of 703 Colby Way property is $549,900.
The property 703 Colby Way is a house located in Newark, Ohio, 43055.
Active Listing: 703 Colby Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 703 Colby Way are: Licking Valley Elementary School (GreatSchools Rating 5/10), Carson Elementary School (GreatSchools Rating 5/10), Ben Franklin Elementary School (GreatSchools Rating 5/10), Licking Valley Middle School (GreatSchools Rating 6/10), Heritage Middle School (GreatSchools Rating 4/10), Wilson Middle School (GreatSchools Rating 3/10), Licking Valley High School (GreatSchools Rating 6/10), Newark Digital Academy (GreatSchools Rating 2/10), Newark High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $4,289 (source: MLS/based on county public records data).
The last sale was on September 10, 2020 for $47,500 (source: MLS/tax record).
The property at 703 Colby Way has 3 bedrooms and 2 bathrooms.
The property 703 Colby Way is 1,746 SqFt (source: MLS/tax record).
The year of construction for 703 Colby Way is 2021.
This home is located at 703 Colby Way in Newark, OH and zip code 43055. This 1,746 square foot home, which was built in 2021, sits on a 0.80 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $549,900.
Over 18 listings were sold over their listed price in July 2025 in Newark, OH. In the same period over 30 listings were sold below the listed price and 11 listings were sold for the listed price. The number of homes for sale in Newark, OH increased by 10% between June and July 2025. Listings spent 20 days on the market in July 2025, and had a median list price of $245,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.