NOT LISTED FOR SALE

518 W 8th St Salem, OH 44460

Estimated Value: $303,000 - $356,000

6 Beds
4 Baths
3,161 Sq Ft
$107/Sq Ft Est. Value

Last Sold January 16, 2012

Last sale price $140,000 $44 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,112/month

364 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Window Unit Cooling System
  • 3 Fireplaces
  • Porch
  • Patio

About This Home

As of January 2012

Aggressively priced $20,000 below appraised value. Sprawling home w/multi levels of living space. Main level features Foyer, lg Formal LR, Formal DR, huge kitchen w/dinette, center island & pantry plus a nice Sunroom. 2nd level features Master BR w/Master Bath, BR 2, BR 3 & full bath. 3rd level has Mother-in-law suite w/BR, LR & full bath. 4th level has 2 nice sized Tandem BR's or Bonus rooms. Lower level has Den/Office or Misc room, Laundry room & Utility room. Motivated Seller!

Last Agent to Sell the Property

Bobbi Seguin

Berkshire Hathaway HomeServices Stouffer Realty License #200000197 Listed on: 12/01/2010

Berkshire Hathaway HomeServices Stouffer Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 1966

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 175 x 150
  • Privacy Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5102838000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,696

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1966
  • ResoPoolFeatures: In Ground
  • Reso Accessibility Features: None
  • Architectural Style: Other, Split Level
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two, Multi/Split
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 3
  • Basement: Full, Sump Pump
  • Basement: Yes
  • Appliances: Dishwasher, Disposal
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Privacy
  • Acres: 0.603
  • Home Warranty: No
  • Construction Type: Brick, Stone, Vinyl Siding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Drain, Electricity, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5102838000
  • Lot Dimensions: 175 x 150
  • Lot Size Sq Ft: 26267.0
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2010
Closed on
Jan 11, 2012
Sold by
Bowman Bruce James and Bowman Jane B
Bought by
Butcher Fred L
Seller's Agent
Bobbi Seguin
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%
Current Estimated Value
$338,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,120
Avg. Annual Appreciation
5.61%
Original Mortgage
$136,451
Outstanding Balance
$97,054
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$198,005

Purchase Details

Closed on
Jan 11, 1993
Bought by
Bowman Bruce James
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
Butcher Fred L $140,000 Attorney
Bowman Bruce James $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butcher Fred L $136,451
Previous Owner Bowman Bruce James $27,900
Previous Owner Bowman Bruce James $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2012 01/16/12 Sold $140,000 -15.2% $44 / Sq Ft
11/30/2011 11/30/11 Pending -- -- --
12/01/2010 12/01/10 For Sale $165,000 -- $52 / 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 $3,402 $86,630 $9,170 $77,460
2023 $3,411 $86,630 $9,170 $77,460
2022 $3,156 $86,630 $9,170 $77,460
2021 $2,851 $73,330 $12,390 $60,940
2020 $2,875 $73,330 $12,390 $60,940
2019 $2,874 $73,330 $12,390 $60,940
2018 $2,735 $66,680 $11,270 $55,410
2017 $2,733 $66,680 $11,270 $55,410
2016 $2,710 $63,980 $13,300 $50,680
2015 $2,644 $63,980 $13,300 $50,680
2014 $2,600 $63,980 $13,300 $50,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3187490

MLS Now

APN: 5102838000