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722 Colby Way

Newark, OH 43055

3 bd 2 ba 2,100 sqft Built 2021 Lot 36,590 sqft single_family
Most recent sale
$484,500
Jan 10, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 10, 2023 Sold $484,500 Public Record
Jan 5, 2023 Listing removed ColumbusCORMLS
Jan 3, 2023 Sold $485,000 ColumbusCORMLS
Oct 31, 2022 Price changed $496,500 ColumbusCORMLS
Oct 16, 2022 Listed $499,000 ColumbusCORMLS
Nov 19, 2020 Sold $252,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,505 $26,530 $147,035 $5,175
2023 $120,505 $26,530 $147,035 $5,481
2022 $52,920 $20,440 $73,360 $3,126
2021 $16,380 $16,380 $712
2020 $3,325 $3,325 $145

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,100 sqft
Lot size
36,590 sqft
ZIP code
43055
City
Newark
Street
Colby Way
Coordinates
40.08878, -82.27673

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,150
Gross rental yield
7.80%
Implied cap rate
5.07%
Trend-extrapolated value

Frequently asked questions

When did 722 Colby Way last sell?
722 Colby Way most recently sold on Jan 10, 2023 for $484,500.
What is the current tax assessment for 722 Colby Way?
The most recent total assessment for 722 Colby Way (year 2025) is $147,035 with $5,175 in property tax.
How does 722 Colby Way's assessment compare to its last sale price?
The current assessment is 69.7% below the last sale price of $484,500.
When was 722 Colby Way built?
722 Colby Way was built in 2021.
How does 722 Colby Way compare to others on Colby Way?
We track 8 other properties on Colby Way. Browse the list under "Other properties on Colby Way" to compare beds, baths, and sale history.
What are the property facts for 722 Colby Way?
722 Colby Way is a 3 bed, 2 bath, 2,100 sqft, 36,590 sqft lot single_family.
Is 722 Colby Way a flip candidate?
No — 722 Colby Way does not appear in our flips dataset.
Is 722 Colby Way a tax-appeal candidate?
No — 722 Colby Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.4%
2026 Q3
$272K
2026 Q4
$271.1K
ZIP 43055 — Median Price History + Forecast

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