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4882 Cotterman Rd, Newark, OH, 43056

5beds
4baths
3,534sqft
$850,000
$241price/sqft
$5,832/moest. monthly cost
$233,280/yrincome needed

About This Home

Your country getaway awaits! This beautifully customized 5 Bedroom, 3.5 Bath home sits on 17.5 acres just south of Newark. Everything you need for the whole family is here, including a shooting range, RC car track, pond, fenced garden, and plenty of cut trails. The interior features an open floor plan on the main level with a vaulted ceiling, fireplace, and spacious kitchen. There's also a large primary suite with a custom tiled shower and modern soaking tub. More beds and baths can be found on the lower and upper levels plus a family room and separate bar space for entertaining. The exterior includes a new deck out back and and new vinyl siding. There's lots of room for your toys in the the 8-car garage.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

5/10
5/10
Lakewood Middle SchoolGrades 6-85.6 mi
6/10
Lakewood High SchoolGrades 9-125.6 mi

Construction

Condition

  • Year built: 1997

Materials

  • Foundation: Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Gas Water Heater,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Window features: Insulated Windows
  • Flooring: Laminate,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,534
  • Total interior livable area: 3,534 sqft

Property

Details

  • Parcel number: 01603782400.004
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Deck
  • Fencing: Invisible

Lot

  • Lot size: 17.50 Acres
  • Features: Wooded

Parking

  • Total spaces: 8
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,298$51,576
Home Insurance *$327$3,924
Property Taxes $828$9,936
Electricity $379$4,548
Total$5,832$69,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,954/yr
40% on housing$174,960/yr
45% on housing$155,520/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.5%
13.5%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 43056$336
Licking County$258

vs Homes Sold Last Month

Median $/sqft

ZIP 43056$175
Licking County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$850,000
2018-09-04Sold$374,000

For Sale by Agent

AgentKelly A Parker
BrokerageHoward Hanna Real Estate Svcs

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