$79,750
SOLD JAN 23, 2025

385 S Lincoln Ave Salem, OH 44460

3 Beds
2.5 Baths
1,680 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

20 Days on Market

About This Home

As of January 2025

Two Investment Properties. Six units Total. Salem, OH, Columbiana Co. All Public Utilities. Auction #1: Fully Rented, Two-Story Three-Unit with Garage. Auction #2: Up/Down Duplex and Single-Family Two-Story on the same parcel. Both Will Be Sold from the Auction #1 Location. Live On-Site Auction with Online Bidding Available. ABSOLUTE AUCTION. All sells to the highest bidder on location. ONLINE BIDDING BEGINS MONDAY, DECEMBER 2, 2024 – 12:00 PM and AUCTION LIVE ON-SITE BIDDING WILL BEGIN MONDAY, DECEMBER 9, 2024, 12:00 PM. Auction #1. 672 N. Lincoln Ave., 3,100 sq. ft, 3 units, one unit on each level, two units having a kitchen, living area, full bath, one two bedroom and one three bedrooms. The basement has laundry, separate electric meters, and two gas meters. The first and second levels have separate FA gas heat, 3rd level efficiency, and an all-electric separate meter. Vinyl siding, shingle roof, three-car garage, alley at the side to access garage. Taxes $892.37 per half. All units have separate outside entrances. Auction #2. 385 S. Lincoln Ave., 1,600 sq. ft. up/down duplex, each unit with kitchen, living area, full bath, one with two bedrooms, one with one-bedroom, upper unit has electric heat, main level has FA gas heat, two electric meters. Vinyl exterior and slate roof. (393 single family two-story home behind the main house) with a separate meter from the main house, kitchen, living room, bath, and three bedrooms. FA gas heat. Currently vacant, needs updating. Units Will Only Be Open on Auction Day Starting At 11:00 AM.

Last Agent to Sell the Property

Rusty Kiko

Kiko Brokerage Email: rustykiko@kikocompany.com 330-495-0923 License #254890 Listed on: 11/19/2024

Co-Listed By

Rudy Kiko

Kiko Brokerage Email: rustykiko@kikocompany.com 330-495-0923 License #2004010630

Last Buyer's Agent

Rusty Kiko

Kiko Brokerage Email: rustykiko@kikocompany.com 330-495-0923 License #254890 Listed on: 11/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1900

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 7,501 Sq Ft Lot
  • Basement

Community Details

  • Tolerton & Kidds Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 51-05707.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,446

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: rustykiko@kikocompany.com 330-495-0923
  • Co List Office Mls Id: C11415
  • Co List Office Phone: 330-453-9187
  • ResoSpecialListingConditions: Auction
  • Subdivision Name: Tolerton & Kidds Add
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Acres: 0.1722
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 51-05707.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1446.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Jan 15, 2025
Sold by
385 Lincoln Avenue South-Salem Llc
Bought by
Custom Comfort Systems Llc
Seller's Agent
Rusty Kiko
Kiko
Buyer's Agent
Rusty Kiko
Kiko
List Price
$79,750
Sold Price
$79,750
Views
6
Current Estimated Value
$85,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,991
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Sep 24, 2021
Sold by
S & G Property Management Llc
Bought by
385 Lincoln Avenue South Salem Llc

Purchase Details

Closed on
Mar 1, 2004
Sold by
Horstman James L and Horstman Beverly J
Bought by
S & G Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $79,800 None Listed On Document
Warranty Deed $79,800 None Listed On Document
Warranty Deed $70,000 None Available
Warranty Deed $90,000 Union Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $52,500 Future Advance Clause Open End Mortgage
Previous Owner $20,000 Credit Line Revolving
Previous Owner $72,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $79,750 0.0% $47 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $79,750 -- $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 $1,407 $34,970 $3,850 $31,120
2023 $1,411 $34,970 $3,850 $31,120
2022 $1,308 $34,970 $3,850 $31,120
2021 $1,242 $31,120 $4,620 $26,500
2020 $1,252 $31,120 $4,620 $26,500
2019 $1,252 $31,120 $4,620 $26,500
2018 $1,190 $28,280 $4,200 $24,080
2017 $1,190 $28,280 $4,200 $24,080
2016 $950 $26,360 $5,110 $21,250
2015 $950 $26,360 $5,110 $21,250
2014 $935 $26,360 $5,110 $21,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5086052

MLS Now

APN: 5105707000