583 Derby Downs Rd is a one-story Newark home with four bedrooms, two bathrooms and 1,500 square feet of living space. The galley kitchen includes a range, refrigerator and dishwasher, with sliding doors opening to the rear yard. A broad front window brings light into the living room. The primary bedroom has an attached bathroom with a shower and stacked laundry appliances. Three other bedrooms share the hall bathroom with a tub-shower combination. A separate room beside the attached garage has exterior access, and the basement is unfinished. Outside, the rear lawn surrounds a large tree. Included 100-Day Home Warranty with buyer activation
Northwest Newark, located between Ohio State University at Newark and the Newark Earthworks, is a residential and civic Newark neighborhood with leafy streets and a campus-edge energy. The neighborhood’s character concentrates around the North 21st Street and West Main Street corridor, where small storefronts, service counters, and everyday errands set a steady rhythm. Mid-century ranches and tidy brick colonials mix with older frame homes on generous lots. The OSU Newark campus and the adjacent Newark Campus of COTC bring lecture halls, libraries, and green quads into the streetscape. Nearby, the Newark Earthworks and Great Circle offer a rare landscape landmark for walks and quiet resets. Parks and school grounds add open space that shapes an outdoors-forward routine.
Provided by Walk Score and Local Logic
Market insights
583 Derby Downs Rd · $298,000
DAYS ON MARKET
3 days
The average home goes pending in 56 days.
SALE-TO-LIST
98.9%
Most homes are selling 1% below list price.
LIST PRICE
$298,000
Median sale price in this area is $318,959. (7% higher than this home)
PRICE DROP
0 price drops
24% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Basement present
Living area approximately 1392
Bedrooms
Four main-level bedrooms
Bathrooms
Two full bathrooms
Flooring
Laminate
Carpet
Ceramic/porcelain
Heating & cooling
Central air conditioning
Exterior features
Lot approximately 0.33 acre
Subdivision: Sherwood Downs #2
Home design
Single-family residence
One-story
Built in 1980
No shared/common walls
Parking
Attached 2-car garage
Construction
Block foundation
Utilities
Public water
Public sewer
Other
Listing handled by Opendoor Brokerage LLC
Electricity and solar
View estimated energy costs and solar savings for this home
Spacious four bedroom ranch home with two full bathrooms. Updates throughout this home from new kitchen cabinets and newer furnace and a/c and more. Large master suite with sitting area, opens out to the multilevel deck and beautiful yard. Lots of storage, laundry can be on first floor or downstairs. Great open space in basement. Built with two car garage though currently has office space added, owner willing to restore to the original garage size by removing this office.
CBRMLS #215029672
Dec 30, 2015
Listing Removed
—
Oct 17, 2015
Price Changed
$139,900
$101/sq ft
Sep 16, 2015
Listing Removed
—
Aug 14, 2015
Listed
$150,000
$108/sq ft
CBRMLS #214016928
May 7, 2014
Sold
$131,500
$94/sq ft
Apr 7, 2014
Listing Removed
—
Apr 1, 2014
Listed
$134,900
$97/sq ft
CBRMLS #2841150
Feb 10, 2009
Listing Removed
—
Oct 1, 2008
Listed
$124,900
$90/sq ft
CBRMLS #2832492
Oct 1, 2008
Listing Removed
—
Jul 28, 2008
Listed
$124,900
$90/sq ft
CBRMLS #2411257
Apr 23, 2004
Sold
$114,400
$82/sq ft
Apr 1, 2004
Listing Removed
—
Mar 27, 2004
Listed
$117,900
$85/sq ft
CBRMLS #2220038
Dec 10, 2002
Listing Removed
—
Jun 9, 2002
Listed
$119,900
$86/sq ft
Public Records
Mar 11, 1994
Sold
$67,900
$49/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,481 (−5.6%)
$22,470 + $50,995
$73,465
2024
$2,627 (+0.2%)
$22,470 + $50,995
$73,465
2023
$2,622 (+26.6%)
$22,470 + $50,995
$73,465
2022
$2,070 (−4.6%)
$11,690 + $39,935
$51,625
2021
$2,171 (−2.2%)
$11,690 + $39,935
$51,625
2020
$2,221 (+17.5%)
$11,690 + $39,935
$51,625
2019
$1,889
$8,995 + $33,285
$42,280
2018
$1,890 (+4.4%)
$8,995 + $33,285
$42,280
2017
$1,811 (+3.8%)
$8,995 + $33,285
$42,280
2016
$1,744 (+93.1%)
$13,475 + $24,885
$38,360
2014
$903
$13,475 + $24,885
$38,360
Public record
Beds
4
Baths
2
Stories
1
Lot width
80 ft.
Lot depth
179 ft.
Lot size
0.33 Acres
Year renovated
1980
Finished Sq. Ft.
1,392
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,392
Year built
1980
Style
Single Family Residential
County
Licking County
APN
054-291150-00.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Newark, OH • 43055
Average low and high temperatures (°F)
31°
16°
40°
24°
59°
37°
67°
46°
69°
51°
82°
63°
85°
67°
81°
60°
80°
54°
65°
45°
53°
37°
41°
27°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in Newark. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.1 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 583 Derby Downs Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $265,000 and $320,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $265K to $320K.