NOT LISTED FOR SALE

492 Ohio Ave Salem, OH 44460

Estimated Value: $17,000 - $141,000

0.21 Acre
$352,023 Price per Acre
9,322 Sq Ft Lot

Last Sold March 08, 2024

Last sale price $12,500 $9 Per Sq Ft

Est. 503% increase in value since last sale

Current estimated payment $408/month

6 Days on Market

About This Lot

As of March 2024

Priced to sell! Vacant lot (50'x187') at the corner of Oak St. and Ohio Avenue. Take advantage of the 15 year tax abatement for new construction. It is zoned RA multifamily or single family. Public utilities. Property has been maintained and is ready for you to build a new dwelling. Come take a look!

Last Agent to Sell the Property

Susan Kilmer

Towne & Suburban Realty, Inc. Brokerage Email: 330-332-0323 tsrealty@neo.rr.com License #369634 Listed on: 02/13/2024

Last Buyer's Agent

Susan Kilmer

Towne & Suburban Realty, Inc. Brokerage Email: 330-332-0323 tsrealty@neo.rr.com License #369634 Listed on: 02/13/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $130

Lot Details

  • 9,322 Sq Ft Lot
  • Corner Lot

Location

  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 51-01916.000

Property Details

Property Type

Land

Est. Annual Taxes

$130

Lot Details

9,322 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Attribution Contact: 330-332-0323 tsrealty@neo.rr.com
  • ResoLotFeatures: < 1/2 Acre, Corner Lot, City Lot
  • Road Frontage Type: City Street
  • Tax Year: 2023
  • Property Sub Type Additional: Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Acres: 0.214

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 51-01916.000
  • Lot Dimensions: 187
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax Annual Amount: 130.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 8, 2024
Sold by
Taylor Suzanne and Taylor John F
Bought by
Gomez Paulino Otero
Seller's Agent
Susan Kilmer
Towne & Suburban Realty, Inc.
Buyer's Agent
Susan Kilmer
Towne & Suburban Realty, Inc.
List Price
$15,000
Sold Price
$12,500
Premium/Discount to List
-$2,500
-16.67%
Views
28
Current Estimated Value
$75,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,833
Avg. Annual Appreciation
141.21%

Purchase Details

Closed on
Oct 5, 2022
Bought by
John F Taylor

Purchase Details

Closed on
Sep 26, 2022
Sold by
Taylor John F
Bought by
Taylor Suzanne and Modrak Brandi J

Purchase Details

Closed on
Jul 15, 2004
Sold by
Metzgar Robert A
Bought by
Barton Julia Renee
Source: Public Records
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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
Gomez Paulino Otero -- Heritage Union Title
Gomez Paulino Otero -- Heritage Union Title
John F Taylor -- --
Taylor Suzanne $17,766 --
Taylor Suzanne $17,766 None Listed On Document
Barton Julia Renee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $12,500 -16.7% $9 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $15,000 -- $11 / 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
2025 $146 $3,850 $3,850 $0
2024 $130 $3,220 $3,220 $0
2023 $130 $3,220 $3,220 $0
2022 $120 $3,220 $3,220 $0
2021 $7,634 $5,460 $5,460 $0
2020 $1,672 $14,670 $5,460 $9,210
2019 $1,455 $14,670 $5,460 $9,210
2018 $999 $13,340 $4,970 $8,370
2017 $561 $13,340 $4,970 $8,370
2016 $584 $12,810 $5,740 $7,070
2015 $529 $12,810 $5,740 $7,070
2014 $546 $12,810 $5,740 $7,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5016036

MLS Now

APN: 5101916000

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