NOT LISTED FOR SALE

406 Franklin Ave Salem, OH 44460

Estimated Value: $80,000 - $102,000

4 Beds
2 Baths
1,944 Sq Ft
$45/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $33,600 $17 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $508/month

12 Days on Market

About This Home

As of April 2017

Let's Make Money! Duplex bringing owner $10,800 annually. Close to downtown shopping. 2 bedrooms each, appliances, laundry hookups for each apartment in the divided basement.

Last Agent to Sell the Property

Bruce Herron

Deleted Agent License #221828 Listed on: 02/15/2017

Last Buyer's Agent

Bruce Herron

Deleted Agent License #221828 Listed on: 02/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $523

Year Built

  • Built in 1930

Lot Details

  • South Facing Home
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 5103464000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$523

Year Built

Built in 1930

Lot Details

2,962 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: South
  • Price Per Square Foot: 25.93
  • Estimated Price per Sq Ft: 25.93
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1296
  • Year Built: 1930
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1296.00
  • Sq Ft Approx Below Grade Finished: 648.00
  • Sq Ft Approx Total Finished: 1944.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Schools

  • School District: Salem CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5103464000

Rental Info

  • Tenant Pays: Electric, Gas

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
Turncliff Scott J
Bought by
Leonessa Properties Llc
Current Estimated Value
$88,166

Purchase Details

Closed on
Jan 14, 2020
Sold by
Turncliff Melissa R and Turncliff Scott J
Bought by
Turncliff Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 31, 2017
Sold by
Herron Rodney and Papale Antonio F
Bought by
Turncliff Scott J and Turncliff Melissa R
Seller's Agent
Bruce Herron
Deleted Agent
Buyer's Agent
Bruce Herron
Deleted Agent
List Price
$36,500
Sold Price
$33,600
Premium/Discount to List
-$2,900
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$25,200
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Leonessa Properties Llc -- None Available
Leonessa Properties Llc -- None Listed On Document
Turncliff Scott J -- None Available
Turncliff Scott J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turncliff Scott J $25,500
Previous Owner Turncliff Scott J $25,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $33,600 -7.9% $17 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $36,500 -- $19 / Sq Ft
Source: MLS Now

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 $644 $16,000 $2,030 $13,970
2023 $645 $16,000 $2,030 $13,970
2022 $784 $16,000 $2,030 $13,970
2021 $536 $13,800 $2,000 $11,800
2020 $555 $13,800 $2,000 $11,800
2019 $278 $13,800 $2,000 $11,800
2018 $527 $12,530 $1,820 $10,710
2017 $527 $12,530 $1,820 $10,710
2016 $563 $13,270 $1,890 $11,380
2015 $563 $13,270 $1,890 $11,380
2014 $554 $13,270 $1,890 $11,380
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bruce Herron

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 3877542

MLS Now

APN: 5103464000

Ohio Columbiana County Salem 44460

406 Franklin Ave, Salem, OH

Not Listed for Sale

MultiFamily

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