NOT LISTED FOR SALE

1108 E 3rd St Unit 1106 Salem, OH 44460

Estimated Value: $77,145 - $138,000

3 Beds
2 Baths
2,042 Sq Ft
$50/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $65,000 $32 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $654/month

251 Days on Market

About This Home

As of April 2022

Great rental history for this Up/Down Duplex. Upstairs currently rents $525.00, Downstairs currently rents for $650.00. Upstairs unit features 1 BD, LR, Kitchen & full bath. Downstairs unit has Kitchen, DR with 2 built-in china cabinets, large 1st floor laundry, full bath, LR & 2 BDs. 2 car detached garage, front porch, back covered patio, 1 furnace, Both units are month-to-month. 2007 new windows, gutters, furnace & 2 HWT. 2008 new electric panel, blown-in insulation walls & attic. 2014 new concrete sidewalks. Gross Income $13,575 Operating Expenses $4,178 Net Operating $9397. Motivated Seller!

Last Agent to Sell the Property

Bobbi Seguin

Berkshire Hathaway HomeServices Stouffer Realty License #200000197 Listed on: 07/08/2021

Berkshire Hathaway HomeServices Stouffer Realty

Last Buyer's Agent

Kelly Warren

Kelly Warren and Associates RE Solutions License #2018003552

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,042 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Fawcett Community

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for electric, gas, sewer, trash collection, water
  • Assessor Parcel Number 5100841000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,120

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 31.83
  • Estimated Price per Sq Ft: 31.83
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2042
  • Year Built: 1920
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Partial
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2042.00
  • Sq Ft Approx Total Finished: 2042.00

Exterior Features

  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Fawcett

Fee Information

  • Op Expenses: 4178.00

Schools

  • School District: Salem CSD
  • School District: Salem CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 5100841000

Rental Info

  • Owner Pays: Electric, Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Unit Count: 2
  • Gross Income: 13575.00
  • Net Income: 9397.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Apr 14, 2022
Sold by
Chilton Keith D and Chilton Brenda
Bought by
Canger Catherine
Seller's Agent
Bobbi Seguin
Berkshire Hathaway HomeServices Stouffer Realty
Buyer's Agent
Kelly Warren
Kelly Warren and Associates RE Solutions
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$102,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,536
Avg. Annual Appreciation
13.91%
Original Mortgage
$55,250
Outstanding Balance
$52,289
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$50,247
Source: Public Records

Range of Values:

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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
Canger Catherine $65,000 Heritage Union Title
Canger Catherine $65,000 Heritage Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canger Catherine $55,250
Closed Canger Catherine $55,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $65,000 -7.0% $32 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $69,900 0.0% $34 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
11/01/2021 11/01/21 Price Changed $69,900 -12.5% $34 / Sq Ft
07/08/2021 07/08/21 For Sale $79,900 -- $39 / 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 $1,320 $33,120 $3,820 $29,300
2023 $1,324 $33,120 $3,820 $29,300
2022 $1,424 $33,120 $3,820 $29,300
2021 $1,111 $27,830 $4,480 $23,350
2020 $1,120 $27,830 $4,480 $23,350
2019 $1,120 $27,830 $4,480 $23,350
2018 $1,064 $25,270 $4,060 $21,210
2017 $1,063 $25,270 $4,060 $21,210
2016 $1,022 $24,090 $4,520 $19,570
2015 $1,022 $24,090 $4,520 $19,570
2014 $1,006 $24,090 $4,520 $19,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4296360

MLS Now

APN: 5100841000