NOT LISTED FOR SALE

1267 Cleveland St Unit 1269 Salem, OH 44460

Estimated Value: $91,000 - $147,000

4 Beds
3 Baths
1,770 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $82,000 $46 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $727/month

21 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2024

Welcome to 1267 Cleveland St, where investment meets opportunity! This versatile triplex is a prime addition to any portfolio, brimming with potential and ready for your creative touch. Whether you're a seasoned investor or looking to break into the rental market, this property offers endless possibilities.

The first unit, located on the ground floor, is a spacious 2 bed, 1 bath apartment, currently rented to Section 8 tenants for $670/month including all utilities. The fully equipped kitchen and comfortable living spaces make it an attractive rental option.

Upstairs, you'll find the second unit, a cozy 1 bed, 1 bath apartment rented for $540/month plus electric. Both units feature a full kitchen with all necessary appliances, each housing long-term tenants who would love to stay!

The third unit is currently vacant and waiting for your vision to bring it back to life. With some renovation, this space can become a lucrative addition to the property, increasing overall rental income and value.

Located near the heart of Salem, OH, 1267 Cleveland St offers convenience and charm. Just minutes away from local shops, restaurants, and amenities, this property is perfectly positioned to attract tenants and maximize returns. Don't miss out on this unique investment opportunity! Schedule a showing today and start envisioning the potential of 1267 Cleveland St!

Last Agent to Sell the Property

Lindsey Rose

Real of Ohio Brokerage Email: lindsey@rosegroupohio.com 330-591-0823 License #2017001928 Listed on: 06/07/2024

Real of Ohio

Co-Listed By

Donald Davis

Real of Ohio Brokerage Email: lindsey@rosegroupohio.com 330-591-0823 License #2022003750

Last Buyer's Agent

Cindy Lautzenheiser

Howard Hanna License #449022

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 1946

Lot Details

  • 4,090 Sq Ft Lot

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,770 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Probate Listing
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 5108013000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,114

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1946
  • Attribution Contact: lindsey@rosegroupohio.com 330-591-0823
  • Co List Office Mls Id: 20599
  • Co List Office Phone: 330-807-1303
  • ResoSpecialListingConditions: Probate Listing
  • Above Grade Finished Sq Ft: 1770.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Exterior Features: Storage
  • Roof: Asphalt, Fiberglass
  • Fencing: None
  • Acres: 0.0939
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • LaundryFeatures: Inside, In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5108013000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks

Tax Info

  • Tax Annual Amount: 1114.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 15, 2024
Sold by
Hirshfield Barry J and Lane Melissa
Bought by
Colian Gary M
Seller's Agent
Lindsey Rose
Real of Ohio
Buyer's Agent
Cindy Lautzenheiser
Howard Hanna
List Price
$90,000
Sold Price
$82,000
Premium/Discount to List
-$8,000
-8.89%
Views
51
Current Estimated Value
$119,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,632
Avg. Annual Appreciation
35.61%
Original Mortgage
$81,000
Outstanding Balance
$80,033
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$39,599

Purchase Details

Closed on
Feb 6, 2023
Bought by
Barry J Hirshfield
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
Colian Gary M $82,000 Heritage Union Title
Barry J Hirshfield -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colian Gary M $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $82,000 -8.9% $46 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $90,000 -- $51 / 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 $1,111 $27,620 $3,080 $24,540
2023 $1,114 $27,620 $3,080 $24,540
2022 $1,033 $27,620 $3,080 $24,540
2021 $984 $24,650 $3,750 $20,900
2020 $992 $24,650 $3,750 $20,900
2019 $992 $24,650 $3,750 $20,900
2018 $943 $22,410 $3,400 $19,010
2017 $943 $22,410 $3,400 $19,010
2016 $935 $20,860 $3,710 $17,150
2015 $1,163 $20,860 $3,710 $17,150
2014 $915 $20,860 $3,710 $17,150
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Rose

    Seller's Agent in 2024

    Lindsey Rose

    Real of Ohio

    (330) 591-0823

    193 Total Sales

    Lindsey Rose
    Section Image
  • Donald Davis

    Seller Co-Listing Agent in 2024

    Donald Davis

    Real of Ohio

    (330) 647-4911

    40 Total Sales

    Donald Davis
    Section Image
  • Cindy Lautzenheiser

    Buyer's Agent in 2024

    Cindy Lautzenheiser

    Howard Hanna

    (330) 565-3712

    365 Total Sales

    Cindy Lautzenheiser
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5044253

MLS Now

APN: 5108013000

Ohio Columbiana County Salem 44460

1267 Cleveland St Unit 1269, Salem, OH

This home is located at 1267 Cleveland St Unit 1269, Salem, OH 44460 since 07 June 2024 and is currently estimated at $119,632, approximately $67 per square foot. This property was built in 1946. 1267 Cleveland St Unit 1269 is a home located in Columbiana County with nearby schools including Reilly Elementary School, Buckeye Elementary School, and Salem Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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