NOT LISTED FOR SALE

224 E Main St Salem, KY 42078

Estimated Value: $127,000 - $154,961

4 Beds
2 Baths
1,551 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $127,500 $82 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $828/month

35 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Central Air

About This Home

As of August 2022

This is a very charming home in the heart of Salem. The home has been "retro-remodeled" with checkered kitchen floors, kitchen cabinets, and custom woodwork. A must see!! The basement offers a great space that could be easily finished out. Lots of potential!! This 1.25 acre lot offers plenty of room for a garden and outdoor activities. Come see for yourself!!!

Last Agent to Sell the Property

Jeri Hunt

Tradewater Appraisal & Realty License #240212 Listed on: 06/04/2022

Last Buyer's Agent

Kayla Jarrett

Real Broker LLC License #248327

Real Broker LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 1.25 Acre Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof

Interior Spaces

  • Fireplace
  • Vinyl Clad Windows
  • Partially Finished Basement
  • Laundry in Basement
  • Stove

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Estimated Age: 76-100
  • Estimated Year Built: 1941
  • Estimated Sq Ft: 1501-1750
  • Unfinished Basement Sq Ft: 920
  • Deed Book Page: 222/710
  • Fireplace Wood Stove: Fireplace
  • Laundry Location: Basement
  • Location2: In City Limits
  • Main Level Sq Ft: 1551
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Floor Covering: Vinyl/Linoleum, Wood
  • Appliances: Stove
  • Total Bathrooms: 2
  • Basement: Partially Finished
  • Estimated Total Sq Ft: 1551
  • Doors and Windows: Vinyl Frame
  • Full Bathrooms: 2
  • Number Of Bedrooms: 4
  • Basement 2: Yes

Exterior Features

  • Construction: Frame
  • Exterior Finish: Brick/Siding
  • Roof: Metal

Utilities

  • Electric Company: Kentucky Utility
  • Cooling: Central Air
  • Gas Company: Propane
  • Heating: Heat Pump
  • Sewer: Public/Municipality
  • Water: Public/Municipality
  • Water Heater: Electric

Lot Info

  • Estimated Number of Acres: 1.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Aug 11, 2022
Sold by
Ojeda Todd L and Ojeda Beth A
Bought by
Lynch Rance
Seller's Agent
Jeri Hunt
Tradewater Appraisal & Realty
Buyer's Agent
Kayla Jarrett
Real Broker LLC
List Price
$139,000
Sold Price
$127,500
Premium/Discount to List
-$11,500
-8.27%
Current Estimated Value
$141,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,740
Avg. Annual Appreciation
3.06%
Original Mortgage
$125,190
Outstanding Balance
$119,237
Interest Rate
5.22%
Mortgage Type
Construction
Estimated Equity
$22,003

Purchase Details

Closed on
May 26, 2006
Bought by
Ojeda Todd Lyman and Beth Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lynch Rance $127,500 Attorney Only
Ojeda Todd Lyman $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Rance $125,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2022 08/11/22 Sold $127,500 -8.3% $82 / Sq Ft
06/04/2022 06/04/22 For Sale $139,000 -- $90 / Sq Ft
Source: Western Kentucky Regional 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
2025 $1,095 $127,500 $0 $0
2024 $1,090 $127,500 $0 $0
2023 $1,109 $127,500 $0 $0
2022 $502 $59,000 $0 $0
2021 $504 $59,000 $0 $0
2020 $477 $56,000 $0 $0
2019 $475 $56,000 $0 $0
2018 $481 $56,000 $0 $0
2017 $473 $56,000 $0 $0
2016 $458 $54,000 $0 $0
2009 -- $54,000 $5,000 $49,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeri Hunt

    Tradewater Appraisal & Realty

    Section Image

  • K

    Buyer's Agent in 2022

    Kayla Jarrett

    Real Broker LLC

    (270) 704-5091

    19 Total Sales

    Kayla Jarrett
    Section Image
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Map

Source: Western Kentucky Regional MLS

MLS Number: 117694

Western Kentucky Regional MLS

APN: 083-01-03-007.00

Kentucky Livingston County Salem 42078

224 E Main St, Salem, KY

Not Listed for Sale

Detached

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Western Kentucky Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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