NOT LISTED FOR SALE

Estimated Value: $140,080 - $190,000

3 Beds
1 Bath
2,247 Sq Ft
$77/Sq Ft Est. Value

Last Sold May 18, 2015

Last sale price $31,500 $14 Per Sq Ft

Est. 452% increase in value since last sale

Current estimated payment $1,349/month

40 Days on Market

Highlights

  • Victorian Architecture
  • Living Room
  • Heating System Uses Oil
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of May 2015

Excellent opportunity to own a home with a rental unit and a tenant paying $600/month. What a great way to own a home for very little money out of pocket each month! Also included is a $5000.00 incentive from Stand up for Salem for an owner occupant to go towards closing costs. Additionally, if you go to settlement by April 30, 2015 there is $3000.00 incentive from Stand up for Salem for a facade improvement. The house is in good condition and is vacant on one side, ready to move in. Tenant requires 24 hour notice but the main side is easily shown. At this fantastic list price the seller is not willing to do repairs but will consider all offers. The property is in excellent move in condition!

Last Agent to Sell the Property

Sue Ann Leighty

Keller Williams Hometown License #674751 Listed on: 02/11/2015

Keller Williams Hometown

Last Buyer's Agent

Peter Paul McEvoy

BHHS Fox & Roach-Mullica Hill South

BHHS Fox & Roach-Mullica Hill South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 40x150

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 2,247 Sq Ft Home
  • Property has 2 Levels
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00027
  • Assessor Parcel Number 13-00077-00027

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Excellent opportunity to own a home with a rental unit and a tenant paying $600/month. What a great way to own a home for very little money out of pocket each month! Also included is a $5000.00 incentive from Stand up for Salem for an owner occupant to go towards closing costs. Additionally, if you go to settlement by April 30, 2015 there is $3000.00 incentive from Stand up for Salem for a facade improvement. The house is in good condition and is vacant on one side, ready to move in. Tenant requires 24 hour notice but the main side is easily shown. At this fantastic list price the seller is not willing to do repairs but will consider all offers. The property is in excellent move in condition!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 2247
  • Living Area Sq Ft: 2247
  • Net Sq Ft: 2247.00
  • Price Per Sq Ft: 17.80
  • Above Grade Finished Sq Ft: 2247
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SALEM CITY SCHOOLS
  • School District Key: 300200396391

Lot Info

  • Improvement Assessed Value: 110400.00
  • Land Assessed Value: 19700.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 40X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5004.00
  • Assessor Parcel Number: 13-00077-00027
  • Tax Lot: 00027
  • Tax Year: 2014
  • Close Date: 05/18/2015

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2014
Sold by
Cline Properties Llc
Bought by
Salem Stand Up For
Current Estimated Value
$173,770

Purchase Details

Closed on
Apr 23, 2005
Sold by
Cline Edward M and Cline Stephanie E
Bought by
Cline Properties Llc

Purchase Details

Closed on
Nov 19, 2004
Sold by
Bloemer Allen R and Bloemer Karen M
Bought by
Cline Edward M and Cline Stephanie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Salem Stand Up For -- Salem Oak Title Agency Inc
Cline Properties Llc -- --
Cline Edward M $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caione Ralph $40,000
Previous Owner Cline Edward M $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2015 05/18/15 Sold $31,500 -21.3% $14 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $40,000 0.0% $18 / Sq Ft
09/12/2012 09/12/12 Rented $825 -13.2% --
08/23/2012 08/23/12 Under Contract -- -- --
06/06/2012 06/06/12 For Rent $950 -- --
Source: Bright 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
2024 $4,913 $62,500 $9,500 $53,000
2023 $4,913 $62,500 $9,500 $53,000
2022 $4,698 $62,500 $9,500 $53,000
2021 $4,536 $62,500 $9,500 $53,000
2020 $4,445 $62,500 $9,500 $53,000
2019 $4,418 $62,500 $9,500 $53,000
2018 $4,321 $62,500 $9,500 $53,000
2017 $4,269 $62,500 $9,500 $53,000
2016 $5,095 $130,100 $19,700 $110,400
2015 $5,030 $130,100 $19,700 $110,400
2014 $5,004 $130,100 $19,700 $110,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001798209

Bright MLS

APN: 13-00077-0000-00027