NOT LISTED FOR SALE

306 Jennings Ave Unit 312 Salem, OH 44460

Estimated Value: $89,775 - $115,000

5 Beds
3 Baths
2,352 Sq Ft
$44/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $80,000 $34 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $683/month

62 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Facilities
  • 5-minute walk to Waterworth Memorial Park
  • Forced Air Heating System

About This Home

As of October 2023

Calling all investors! Huge opportunity to own a triplex in Salem. At a list price of $110,000, that's only $36,667 per door. Don't let this one pass you by!

Last Agent to Sell the Property

Kate Oesch

Keller Williams Chervenic Rlty License #2002000562 Listed on: 07/13/2023

Keller Williams Chervenic Rlty

Last Buyer's Agent

Gina Hamilton

Tanner Real Estate Co. License #2015005744

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,899

Year Built

  • Built in 1915

Lot Details

  • 6,708 Sq Ft Lot
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Slate Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, sewer, trash collection, water
  • Assessor Parcel Number 5101259000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,899

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 34.01
  • Estimated Price per Sq Ft: 34.01
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2352
  • Year Built: 1915
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (330) 967-4300 boardmanoffice@chervenicrealty.com
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Walk-Out
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2352.00
  • Sq Ft Approx Total Finished: 2352.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Slate

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1540
  • Parcel Number: 5101259000

Rental Info

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

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1899

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 25, 2023
Sold by
Douglas Trudy and Mull Tracy
Bought by
Hursell Joshua Aaron
Seller's Agent
Kate Oesch
Keller Williams Chervenic Rlty
Buyer's Agent
Gina Hamilton
Tanner Real Estate Co.
List Price
$110,000
Sold Price
$80,000
Premium/Discount to List
-$30,000
-27.27%
Views
287
Current Estimated Value
$102,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,944
Avg. Annual Appreciation
13.23%
Original Mortgage
$60,000
Outstanding Balance
$59,121
Interest Rate
8.88%
Mortgage Type
New Conventional
Estimated Equity
$43,823

Purchase Details

Closed on
Dec 10, 2003
Sold by
Estate Of David K Isaacs
Bought by
Douglas Trudy and Krebs Tracy

Purchase Details

Closed on
Jan 28, 1992
Bought by
Isaacs David
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
Hursell Joshua Aaron $80,000 None Listed On Document
Hursell Joshua Aaron $80,000 None Listed On Document
Douglas Trudy -- --
Isaacs David $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hursell Joshua Aaron $60,000
Closed Hursell Joshua Aaron $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold $80,000 -11.1% $34 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $90,000 -5.3% $38 / Sq Ft
08/02/2023 08/02/23 Price Changed $95,000 -13.6% $40 / Sq Ft
07/13/2023 07/13/23 For Sale $110,000 -- $47 / 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 $1,646 $40,920 $2,870 $38,050
2023 $1,929 $40,920 $2,870 $38,050
2022 $1,809 $40,920 $2,870 $38,050
2021 $1,580 $32,620 $4,130 $28,490
2020 $1,591 $32,620 $4,130 $28,490
2019 $1,590 $32,620 $4,130 $28,490
2018 $1,526 $29,650 $3,750 $25,900
2017 $1,525 $29,650 $3,750 $25,900
2016 $1,462 $27,900 $3,150 $24,750
2015 $1,462 $27,900 $3,150 $24,750
2014 $1,304 $27,900 $3,150 $24,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4469738

MLS Now

APN: 5101259000