NOT LISTED FOR SALE

103 E Broadway Salem, NY 12865

Estimated Value: $210,000 - $344,000

5 Beds
3 Baths
2,412 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $23,500 $10 Per Sq Ft

Est. 977% increase in value since last sale

Current estimated payment $1,695/month

40 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Baseboard Heating
  • Wood Flooring
  • No HOA
  • Wood Siding

About This Home

As of May 2018

AUCTION PROPERTY!! Perfect income producer or in-law setup in the Historic Village of Salem. Large 2 family home with great yard. Unit #1: 4 bedroom, 1.5 bath. Unit #2: 1 bedroom, 1 bath. Great for owner occupied with an income-producing unit to help offset your mortgage! Easy walk to village shops. Don't miss out! HUD Home. Sold "AS IS" by elec. bid only. Prop avail 03-10-18. Auction ends 03-13-18. FHA Case #371-375663. Uninsured. Eligible for FHA 203K. Financing terms: Cash, FHA or conventional.

Last Agent to Sell the Property

John Belanger

Royalview Realty Inc License #31BE0811352 Listed on: 03/02/2018

Last Buyer's Agent

Anette Bramer

Royalview Realty Inc License #10401285350

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 0.67

Home Design

  • Duplex
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2,412 Sq Ft Home
  • 1 Fireplace
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Linoleum

Schools

  • Salem Elementary School
  • Salem High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Drilled Well
  • Septic Tank

Additional Features

  • Deck
  • 0.67 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • 1 Story

Listing and Financial Details

  • Legal Lot and Block 9 / 3

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Single Residence
  • Year Built: 1938
  • Directions: STATE ROUTE 22 TO EAST BROADWAY. WATCH FOR SIGN.
  • Above Grade Finished Sq Ft: 2412.0
  • Financial Details Full Market Assessment: 78947
  • Lot Size Acres: 0.67
  • Lot Size: 150 x 196 x x
  • New Construction: No
  • Number Of Separate Electric Meters: 2
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Linoleum
  • Basement: Partial
  • Fireplaces: 1
  • Living Area: 2412.0
  • Fireplace: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck
  • Waterfront Features: None
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:None19: Yes
  • Patio And Porch Features:Deck: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Hot Water
  • Water Source: Drilled Well
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Lot Info

  • Lot Size Sq Ft: 29185.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3800.0
  • Tax Block: 3
  • Tax Lot: 9

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Salem
  • HighSchool: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 8, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Tripp Jeferey D
Seller's Agent
John Belanger
Royalview Realty Inc
Buyer's Agent
Anette Bramer
Royalview Realty Inc
List Price
$34,776
Sold Price
$23,500
Premium/Discount to List
-$11,276
-32.42%
Current Estimated Value
$253,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,574
Avg. Annual Appreciation
36.49%

Purchase Details

Closed on
Oct 10, 2017
Sold by
Jp Morgan Chase Bank Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jun 29, 2016
Sold by
Sec Of Hud
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Oct 8, 2015
Sold by
Jpmorgan Chase Bank Na
Bought by
Sec Of Hud

Purchase Details

Closed on
Feb 11, 2015
Sold by
Ryan Esq. Referee Erika Seller
Bought by
Jpmorgan Chase Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tripp Jeferey D $23,500 --
Tripp Jeferey D $23,500 --
Tripp Jeferey D $23,500 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Jpmorgan Chase Bank Na -- --
Jpmorgan Chase Bank Na -- --
Sec Of Hud -- Stiene & Associates Pc
Sec Of Hud -- Stiene & Associates Pc
Jpmorgan Chase Bank Na $60,000 Stiene & Associates Pc
Jpmorgan Chase Bank Na $60,000 Stiene & Associates Pc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2018 05/16/18 Sold $23,500 -32.4% $10 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $34,776 -- $14 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,451 $163,000 $26,300 $136,700
2023 $4,381 $163,000 $26,300 $136,700
2022 $3,340 $163,000 $26,300 $136,700
2021 $2,429 $45,000 $8,200 $36,800
2020 $2,631 $45,000 $8,200 $36,800
2019 $3,731 $45,000 $8,200 $36,800
2018 $3,731 $45,000 $8,200 $36,800
2017 $2,299 $45,000 $8,200 $36,800
2016 $2,523 $45,000 $8,200 $36,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 180536

Global MLS

APN: 534800-209-005-0003-009-000-0000