See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

554 Garfield Ave, Newark, OH, 43055

1beds
1baths
624sqft
$159,000
$255price/sqft
$1,235/moest. monthly cost
$49,400/yrincome needed

About This Home

Absolutely charming and transformed from top to bottom, this delightful bungalow offers a warm, inviting feel with thoughtful updates throughout. Featuring 1 bedroom plus a versatile office/laundry room that could easily serve as a 2nd bedroom, this home offers flexibility to fit your lifestyle. Inside, you'll find an open and functional kitchen featuring stainless steel appliances and white cabinetry paired with charming exposed shelving that adds just the right touch of character. The updated bathroom complements the space with clean, modern finishes, while all-new flooring flows seamlessly from room to room. Fresh paint, new blinds, and updated lighting create a cohesive, move-in-ready feel. The home also features new double-pane windows, providing improved insulation, energy efficiency, and year-round comfort. Outside, the setting is just as impressive--the oversized lot spans two parcels, offering exceptional space, flexibility, and potential that's hard to find. Whether you're looking to enjoy it as-is or explore future possibilities, this property delivers both charm and opportunity.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

4/10
Carson Elementary SchoolGrades K-50.7 mi
5/10
Heritage Middle SchoolGrades 6-80.2 mi
3/10
Newark High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1958

Materials

  • Foundation: Block

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Window features: Insulated Windows
  • Flooring: Wood
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 624
  • Total interior livable area: 624 sqft

Property

Details

  • Parcel number: 05418931200.000
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Patio

Lot

  • Lot size: 0.31 Acres

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
    HailRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Ice Storm
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 $803$9,636
Home Insurance *$84$1,008
Property Taxes $155$1,860
Electricity $193$2,320
Total$1,235$14,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,342/yr
40% on housing$37,050/yr
45% on housing$32,933/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

$255This listing

vs Other Active Listings

Avg $/sqft

ZIP 43055$220
Licking County$259

vs Homes Sold Last Month

Median $/sqft

ZIP 43055$173
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
2026-08-17Contingent$145,000
2026-08-10Price change$145,000
2026-06-22Listed for sale$159,000
2026-05-07Listing removed$159,000
2026-04-20Listed for sale$159,000
2026-03-24Listing removed$172,000
2026-03-24Listed for sale$172,000
2026-03-10Contingent$172,000
2026-03-01Price change$172,000
2026-01-16Listing removed$1,299
2026-01-09Listed for sale$179,900
2025-12-15Price change$1,299
2025-12-05Listed for rent$1,415
2025-11-25Listing removed$197,000
2025-10-21Listed for sale$197,000
2025-10-02Contingent$197,000
2025-09-11Price change$197,000
2025-08-14Listing removed$1,485
2025-07-31Price change$1,485
2025-07-22Listed for rent$1,325
2024-09-27Listed for sale$79,999
2024-09-24Sold$80,900
2024-09-05Contingent$79,999
2024-09-03Listed for sale$79,999

For Sale by Agent

AgentPaula Koontz Gilmour
BrokerageKW Classic Properties Realty

Similar Homes