NOT LISTED FOR SALE

408 Lake Ave Salem, OH 44460

Estimated Value: $110,548 - $131,000

3 Beds
1 Bath
1,274 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $45,000 $35 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $695/month

71 Days on Market

Highlights

  • 0.9 Acre Lot
  • Colonial Architecture
  • Forced Air Heating System

About This Home

As of May 2018

3 bedroom plus apartment or possible master suite. Attached garage. Appliances included. Newer water softener. Almost one acre of privacy.

Last Agent to Sell the Property

Karen Bates

Keller Williams Chervenic Rlty License #2011001083 Listed on: 01/25/2018

Keller Williams Chervenic Rlty

Last Buyer's Agent

Dana Channels

Cedar One Realty License #2007004904

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1943

Lot Details

  • 0.9 Acre Lot
  • Unpaved Streets

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,274 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5001963000

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 35.32
  • Estimated Price per Sq Ft: 35.32
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1274
  • Year Built: 1943
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1943

Interior Features

  • Appliances Equipment: Freezer, Wall Oven, Range, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 1274.00
  • Sq Ft Approx Total Finished: 1274.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Num Of Cars: 1

Utilities

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

Schools

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

Lot Info

  • Additional Assessor Parcel Number 1: 501964000
  • Additional Assessor Parcel Number 2: 501965000
  • Additional Assessor Parcel Number 3: 501966000
  • Additional Assessor Parcel Number 4: 501967000
  • Lot Size Units: Acres
  • Acres: 0.9000
  • Parcel Number: 5001963000

Tax Info

  • Tax: 860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
May 23, 2018
Sold by
Zimmerman Ada R and Zimmerman Wade
Bought by
Hilliard Chad E and Hilliard Rhonda K
Seller's Agent
Karen Bates
Keller Williams Chervenic Rlty
Buyer's Agent
Dana Channels
Cedar One Realty
List Price
$74,900
Sold Price
$45,000
Premium/Discount to List
-$29,900
-39.92%
Current Estimated Value
$117,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,387
Avg. Annual Appreciation
13.81%
Original Mortgage
$36,000
Outstanding Balance
$26,351
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,036
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hilliard Chad E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilliard Chad E $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $45,000 -24.9% $35 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
02/22/2018 02/22/18 Price Changed $59,900 -20.0% $47 / Sq Ft
02/15/2018 02/15/18 For Sale $74,900 +66.4% $59 / Sq Ft
02/02/2018 02/02/18 Off Market $45,000 -- --
01/31/2018 01/31/18 For Sale $74,900 -- $59 / 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 $897 $21,530 $740 $20,790
2023 $899 $21,530 $740 $20,790
2022 $836 $21,530 $740 $20,790
2021 $718 $17,190 $700 $16,490
2020 $724 $17,190 $700 $16,490
2019 $724 $17,190 $700 $16,490
2018 $690 $15,610 $630 $14,980
2017 $690 $15,610 $630 $14,980
2016 $689 $16,240 $910 $15,330
2015 $730 $16,240 $910 $15,330
2014 $324 $16,240 $910 $15,330
Source: Public Records

Agents Affiliated with this Home

  • Karen Bates

    Seller's Agent in 2018

    Karen Bates

    Keller Williams Chervenic Rlty

    (330) 207-9252

    16 in this area

    42 Total Sales

    Karen Bates
    Section Image
  • Dana Channels

    Buyer's Agent in 2018

    Dana Channels

    Cedar One Realty

    (330) 540-5476

    3 in this area

    130 Total Sales

    Dana Channels
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3968852

MLS Now

APN: 5001966000

Ohio Columbiana County Salem 44460

408 Lake Ave, Salem, OH

This home is located at 408 Lake Ave, Salem, OH 44460 since 25 January 2018 and is currently estimated at $117,387, approximately $92 per square foot. This property was built in 1943. 408 Lake Ave is a home located in Columbiana County with nearby schools including Reilly Elementary School, Buckeye Elementary School, and Salem Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now 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.

Nearby Homes