NOT LISTED FOR SALE

Estimated Value: $45,000 - $89,000

2 Beds
1 Bath
920 Sq Ft
$66/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $8,000 $9 Per Sq Ft

Est. 657% increase in value since last sale

Current estimated payment $398/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Family Room
  • No HOA
  • En-Suite Primary Bedroom
  • Asbestos

About This Home

As of February 2015

Are you looking to buy an investment property? It will be hard to find a deal better than this. This property comes tenant occupied with long time tenants. This property is essentiall turn key, and the taxes are exceptionally low. Scoop this one up today, while you still can.

Last Agent to Sell the Property

Andrew Ware

Real Broker, LLC Listed on: 01/05/2015

Real Broker, LLC

Last Buyer's Agent

Andrew Ware

Real Broker, LLC Listed on: 01/05/2015

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 1,820 Sq Ft Lot
  • Lot Dimensions are 20x91
  • Property is in good condition

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 920 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Wall to Wall Carpet
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Schools

  • John Fenwick Elementary School
  • Salem High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00031
  • Assessor Parcel Number 13-00016-00031

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: Are you looking to buy an investment property? It will be hard to find a deal better than this. This property comes tenant occupied with long time tenants. This property is essentiall turn key, and the taxes are exceptionally low. Scoop this one up today, while you still can.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 920
  • Living Area Sq Ft: 920
  • Net Sq Ft: 920.00
  • Price Per Sq Ft: 10.87
  • Above Grade Finished Sq Ft: 920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SALEM CITY SCHOOLS
  • Elementary School: JOHN FENWICK SCHOOL
  • High School: SALEM
  • School District Key: 300200396391
  • Elementary School: JOHN FENWICK SCHOOL
  • High School: SALEM

Lot Info

  • Improvement Assessed Value: 28300.00
  • Land Assessed Value: 13700.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20X91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1820.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21905868
  • Tax Annual Amount: 1615.00
  • Assessor Parcel Number: 13-00016-00031
  • Tax Lot: 00031
  • Tax Year: 2014
  • Close Date: 02/27/2015

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Davis Courtney Elizabeth
Bought by
Wgem Management Llc
Current Estimated Value
$60,538

Purchase Details

Closed on
Jul 28, 2016
Sold by
Davis Thomas J
Bought by
Davis Courtney Elizabeth

Purchase Details

Listed on
Jan 5, 2015
Closed on
Feb 27, 2015
Sold by
Bobbitt Billy Lee
Bought by
Davis Thomas J
Seller's Agent
Andrew Ware
Real Broker, LLC
Buyer's Agent
Andrew Ware
Real Broker, LLC
List Price
$15,000
Sold Price
$8,000
Premium/Discount to List
-$7,000
-46.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.49%

Purchase Details

Closed on
Jun 25, 2010
Sold by
Lippincott Joseph G and Lippincott Mary W
Bought by
Bobbitt Billy Lee

Purchase Details

Closed on
Jun 20, 2010
Sold by
Lippincott Willaim Frank
Bought by
Bobbitt Billy Lee

Purchase Details

Closed on
May 8, 1998
Sold by
Lippincott Mary
Bought by
Lippincott Mary W
Source: Public Records

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Range of Values:

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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
Wgem Management Llc $50,000 None Listed On Document
Wgem Management Llc $50,000 None Listed On Document
Davis Courtney Elizabeth -- National Title
Davis Thomas J $8,000 Commonwealth Land Title
Bobbitt Billy Lee $27,000 --
Bobbitt Billy Lee -- --
Lippincott Mary W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $8,000 -20.0% $9 / Sq Ft
02/03/2015 02/03/15 Price Changed $10,000 -33.3% $11 / Sq Ft
01/05/2015 01/05/15 For Sale $15,000 -- $16 / Sq Ft
Source: Bright 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 $1,918 $24,400 $6,400 $18,000
2023 $1,918 $24,400 $6,400 $18,000
2022 $1,834 $24,400 $6,400 $18,000
2021 $1,771 $24,400 $6,400 $18,000
2020 $1,735 $24,400 $6,400 $18,000
2019 $1,725 $24,400 $6,400 $18,000
2018 $1,687 $24,400 $6,400 $18,000
2017 $1,667 $24,400 $6,400 $18,000
2016 $1,645 $42,000 $13,700 $28,300
2015 $1,374 $42,000 $13,700 $28,300
2014 $1,365 $42,000 $13,700 $28,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002514894

Bright MLS

APN: 13-00016-0000-00031