NOT LISTED FOR SALE

5260 Salem Unity Rd Salem, OH 44460

Estimated Value: $178,000 - $208,000

6 Beds
4.5 Baths
2,968 Sq Ft
$64/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $185,000 $62 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,298/month

157 Days on Market

About This Home

As of February 2024

Fantastic investment opportunity! Well Maintained Tri-Plex in Green Township/ Leetonia Schools! Sitting pretty on 2.46 acres, this multi-family property includes a detached 3-car garage and 3 versatile units. Unit 1 hosts 1 bedroom and 1 bathroom. Unit 2 offers 2 bedrooms and 1 full bath. Unit 3 is very spacious and offers 3 Bedrooms and 2 Bathrooms. All units are currently rented, ensuring immediate income. The furnace, roof, and hot water tank have all been replaced within approximately the last 10 years. Current Rental rates are as follows: Unit 1 - $475, Unit 2 - $625, Unit 3 - $750. Don't miss out on this incredible opportunity for a lucrative investment.

Last Listed By

Wendy Perez

EXP Realty, LLC. Brokerage Email: thewendyperezteam@gmail.com (330) 503-2484 License #2015000050 Listed on: 06/26/2023

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,005

Year Built

  • Built in 1930

Lot Details

  • 2.46 Acre Lot

Parking

  • 3 Car Garage
  • Assigned Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,968 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

  • Partial Basement
  • Sump Pump

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 10-064-0-015.00-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,005

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1930
  • Attribution Contact: thewendyperezteam@gmail.com (330) 503-2484
  • Above Grade Finished Sq Ft: 2968.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Sump Pump
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 2.455
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Assigned, Paved

Utilities

  • LaundryFeatures: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Leetonia EVSD - 1506

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 10-064-0-015.00-0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2005.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Dec 28, 2023
Sold by
Chauhan Varun and Chauhan Mingma
Bought by
Vanpelt Daniel Stuart and Vanpelt Lisa Dawn
Seller's Agent
Wendy Perez
EXP Realty, LLC.
Buyer's Agent
Wendy Perez
EXP Realty, LLC.
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Total Days on Market
157
Views
363
Current Estimated Value
$191,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,209
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Aug 29, 2017
Sold by
Cioffi Jennifer and Moreno Catherine
Bought by
Chauhan Varum and Sherpa Mingma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2016
Sold by
Estate Of Domonic A Cioffi
Bought by
Cioffi Jennifer and Moreno Catherine

Purchase Details

Closed on
Sep 26, 2007
Sold by
Nationstar Mortgage Llc
Bought by
Cioffi Dominic A and Cioffi Kathleen

Purchase Details

Closed on
Jul 18, 2007
Sold by
Corfee Stephen D and Corfee Arlene S
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Aug 31, 1998
Sold by
Armentrout Barbara L and Montgomery Barbara
Bought by
Corfee Stephen D and Corfee Arlene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,625
Interest Rate
7.03%

Purchase Details

Closed on
May 19, 1994
Bought by
Mennonite Fdtn Inc Etal

Range of Values:

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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
Vanpelt Daniel Stuart $185,000 None Listed On Document
Chauhan Varum $65,000 None Available
Cioffi Jennifer -- Attorney
Cioffi Dominic A $39,900 Prism Title & Closing Servic
Nationstar Mortgage Llc $70,000 None Available
Corfee Stephen D $91,500 --
Mennonite Fdtn Inc Etal -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chauhan Varum $43,750
Previous Owner Corfee Stephen D $68,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $185,000 -7.0% $62 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $199,000 0.0% $67 / Sq Ft
11/29/2023 11/29/23 For Sale $199,000 +7.6% $67 / Sq Ft
09/07/2023 09/07/23 Off Market $185,000 -- --
07/11/2023 07/11/23 Price Changed $229,000 -4.2% $77 / Sq Ft
06/26/2023 06/26/23 For Sale $239,000 0.0% $81 / Sq Ft
01/08/2019 01/08/19 Rented $550 0.0% --
01/07/2019 01/07/19 Under Contract -- -- --
12/28/2018 12/28/18 Price Changed $550 +15.8% --
12/06/2018 12/06/18 Price Changed $475 -9.5% --
11/28/2018 11/28/18 For Rent $525 -- --
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 $2,855 $64,000 $12,670 $51,330
2023 $2,926 $64,000 $12,670 $51,330
2022 $2,005 $41,350 $11,120 $30,230
2021 $1,945 $41,350 $11,120 $30,230
2020 $1,990 $41,350 $11,120 $30,230
2019 $1,726 $35,110 $11,120 $23,990
2018 $1,882 $35,110 $11,120 $23,990
2017 $1,979 $35,110 $11,120 $23,990
2016 $2,080 $38,770 $12,190 $26,580
2015 $2,010 $38,770 $12,190 $26,580
2014 $2,037 $38,770 $12,190 $26,580
2013 $2,021 $38,770 $12,190 $26,580
Source: Public Records

Agents Affiliated with this Home

  • Wendy Perez

    Seller's Agent in 2024

    Wendy Perez

    EXP Realty, LLC.

    (330) 503-2484

    262 Total Sales

    Wendy Perez
    Section Image

  • D

    Seller's Agent in 2019

    Dan Geisler

    Geisler Realty, LLC

    (330) 953-2115

    41 Total Sales

    Dan Geisler
    Section Image

  • M

    Buyer's Agent in 2019

    Michael Rubosky

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 4469255

MLS Now

APN: 10-064-0-015.00-0

Ohio Mahoning County Salem 44431

5260 Salem Unity Rd, Salem, OH

Homes for Sale in Salem, OH

This home is located at 5260 Salem Unity Rd, Salem, OH 44460 since 26 June 2023 and is currently estimated at $191,209, approximately $64 per square foot. This property was built in 1930. 5260 Salem Unity Rd is a home located in Mahoning County with nearby schools including Leetonia Elementary School, Leetonia Elementary K-6, and Leetonia Jr./Sr. 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.

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