NOT LISTED FOR SALE

180 S Madison Ave Salem, OH 44460

Estimated Value: $100,117 - $172,000

4 Beds
2 Baths
1,700 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $90,000 $53 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $758/month

70 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • 1-Story Property
  • 5-minute walk to Centennial Park
  • Baseboard Heating

About This Home

As of June 2019

Ranch duplex in Salem. Easy one floor living. Each unit has two bedrooms. Close to all of your favorite shopping destinations. The attached 2 car garage (one for each unit) makes unloading your groceries or other finds easy peasy. P.S. Don't forget, with FHA and 3.5% down, you can live in one unit and have the rent from the other help pay your mortgage.

Last Agent to Sell the Property

Kate Oesch

Keller Williams Chervenic Rlty License #2002000562 Listed on: 04/01/2019

Keller Williams Chervenic Rlty

Last Buyer's Agent

Kate Oesch

Keller Williams Chervenic Rlty License #2002000562 Listed on: 04/01/2019

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 1972

Lot Details

  • 0.4 Acre Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 2 Buildings
  • 2 Units
  • Park Place Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, heating, sewer, water
  • The owner pays for trash collection
  • Assessor Parcel Number 5105482000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,460

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 52.94
  • Estimated Price per Sq Ft: 52.94
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1700
  • Year Built: 1972
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1700.00
  • Sq Ft Approx Total Finished: 1700.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric, Water Available
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Park Place

Fee Information

  • Op Expenses: 2854.00

Schools

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

Lot Info

  • Additional Assessor Parcel Number 1: 5105483000
  • Lot Size Units: Acres
  • Acres: 0.3960
  • Parcel Number: 5105482000

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Cable/Electric Link, Electric, Heating, Sewer, Water

Multi Family

  • Unit Count: 2
  • Gross Income: 11700.00
  • Net Income: 8846.00
  • Num Of Buildings: 2
  • Number of Units: 2

Tax Info

  • Tax: 1460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jun 12, 2019
Sold by
Bezon Janet and Schnorrenberg Marjorie
Bought by
Tier 1 Group Llc
Seller's Agent
Kate Oesch
Keller Williams Chervenic Rlty
Buyer's Agent
Kate Oesch
Keller Williams Chervenic Rlty
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%
Current Estimated Value
$125,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,779
Avg. Annual Appreciation
5.42%
Original Mortgage
$72,000
Outstanding Balance
$63,306
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,473

Purchase Details

Closed on
Apr 20, 2017
Sold by
Bezon Robert G and Bezon Janet
Bought by
Bezon Janet and Schnorrenberg Marjorie
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
Tier 1 Group Llc $90,000 Heritage Union Title
Bezon Janet -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tier 1 Group Llc $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $90,000 -9.9% $53 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $99,900 0.0% $59 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $99,900 0.0% $59 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $99,900 -- $59 / 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 $1,093 $27,170 $4,660 $22,510
2023 $1,096 $27,170 $4,660 $22,510
2022 $1,016 $27,170 $4,660 $22,510
2021 $1,340 $33,570 $4,620 $28,950
2020 $1,351 $33,570 $4,620 $28,950
2019 $1,350 $33,570 $4,620 $28,950
2018 $1,285 $30,520 $4,200 $26,320
2017 $1,284 $30,520 $4,200 $26,320
2016 $1,297 $30,560 $3,680 $26,880
2015 $1,297 $30,560 $3,680 $26,880
2014 $1,276 $30,560 $3,680 $26,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4082374

MLS Now

APN: 5105482000