NOT LISTED FOR SALE

10754 Rainbow Hwy West Salem, OH 44287

Estimated Value: $167,000 - $180,000

3 Beds
1 Bath
1,320 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $55,000 $42 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $1,052/month

75 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of July 2019

MOTIVATED seller just took a huge price reduction to $60,000. CASH ONLY !!! A West Salem listing with almost 1/2 an acre of flat land and a large,heated,detached garage that will put a big smile on someones face.This home awaits a hopeful owner who is looking for the right property to put some work into. 1300 sq. ft. home with three bedrooms, first floor full bath and a second floor, ready to be finished, bathroom First and second floor laundry hook-ups. Replacements include roof, furnace, water pump, water filtration system,gutters and spouts .The family room is being used as a 4th bedroom.

Last Agent to Sell the Property

Gloria Braun

Keller Williams Legacy Group Realty License #2002016319 Listed on: 03/30/2019

Keller Williams Legacy Group Realty

Last Buyer's Agent

Donna Aber

Deleted Agent License #450320

Deleted Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1870

Lot Details

  • 0.5 Acre Lot
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 22-00642-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,128

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 41.67
  • Estimated Price per Sq Ft: 41.67
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 1320
  • Year Built: 1870
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Partial
  • Sq Ft Approx Above Grade Finished: 1320.00
  • Sq Ft Approx Total Finished: 1320.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Schools

  • School District: Northwestern LSD
  • School District: Northwestern LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.4990
  • Parcel Number: 22-00642-000

Tax Info

  • Tax: 1128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2019
Closed on
Jul 11, 2019
Sold by
Babbs Donna J
Bought by
Red Rose Properties Llc
Seller's Agent
Gloria Braun
Keller Williams Legacy Group Realty
Buyer's Agent
Donna Aber
Deleted Agent
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$173,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,333
Avg. Annual Appreciation
20.20%
Original Mortgage
$41,250
Outstanding Balance
$36,139
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$137,194

Purchase Details

Closed on
Sep 12, 2016
Sold by
Babbs Bruce A
Bought by
Bruce A Babbs and Donna J Babbs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.44%

Purchase Details

Listed on
Dec 9, 2014
Closed on
May 18, 2015
Sold by
Fannie Mae
Bought by
Babbs Bruce A
Seller's Agent
Michelle McEwen
Deleted Agent
Buyer's Agent
Diane Harper
RE/MAX Showcase
List Price
$45,500
Sold Price
$34,500
Premium/Discount to List
-$11,000
-24.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%

Purchase Details

Closed on
Dec 1, 2014
Sold by
Campbell Peter B
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 26, 2002
Sold by
American General Finance
Bought by
Campbell Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
6.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Red Rose Properties Llc $55,000 Service First Title Agcy Ltd
Bruce A Babbs -- --
Babbs Bruce A -- Ohio Title Corp
Fannie Mae $47,745 Attorney
Campbell Peter B $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Rose Properties Llc $41,250
Previous Owner Bruce A Babbs --
Previous Owner Campbell Peter B $49,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2019 07/11/19 Sold $55,000 -8.3% $42 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $60,000 0.0% $45 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
05/26/2019 05/26/19 Price Changed $60,000 0.0% $45 / Sq Ft
05/26/2019 05/26/19 For Sale $60,000 +9.1% $45 / Sq Ft
04/16/2019 04/16/19 Off Market $55,000 -- --
03/30/2019 03/30/19 For Sale $89,900 +160.6% $68 / Sq Ft
06/01/2015 06/01/15 Sold $34,500 -24.2% $26 / Sq Ft View Prior Sale
05/15/2015 05/15/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $45,500 -- $34 / Sq Ft
Source: MLS Now

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 $1,546 $38,520 $8,870 $29,650
2023 $1,546 $38,520 $8,870 $29,650
2022 $1,422 $32,100 $7,390 $24,710
2021 $1,355 $31,380 $7,390 $23,990
2020 $1,370 $31,380 $7,390 $23,990
2019 $1,093 $23,900 $6,410 $17,490
2018 $1,074 $23,900 $6,410 $17,490
2017 $1,066 $23,900 $6,410 $17,490
2016 $1,008 $22,970 $6,160 $16,810
2015 $1,032 $22,970 $6,160 $16,810
2014 $970 $22,970 $6,160 $16,810
2013 $1,029 $23,500 $6,400 $17,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4081988

MLS Now

APN: 22-00642-000