NOT LISTED FOR SALE

531 Franklin Ave Salem, OH 44460

Estimated Value: $15,000 - $157,000

0.18 Acre
$436,415 Price per Acre
7,802 Sq Ft Lot

Last Sold May 22, 2017

Last sale price $7,900 $7 Per Sq Ft

Est. 889% increase in value since last sale

Current estimated payment $427/month

8 Days on Market

About This Lot

As of May 2017

Rare lot for sale in Salem city limits. House burned down several years ago. All city utilities are available. Reasonable asking price.

Last Agent to Sell the Property

Kathy Hendricks

Berkshire Hathaway HomeServices Stouffer Realty License #299132 Listed on: 05/01/2017

Berkshire Hathaway HomeServices Stouffer Realty

Last Buyer's Agent

Cindy Lautzenheiser

Howard Hanna License #449022

Howard Hanna

Property Details

Property Type

  • Land

Year Built

  • 1930

Lot Details

  • 7,802 Sq Ft Lot
  • Lot Dimensions are 52x150
  • Unpaved Streets

Community Details

  • Appraiser Add Community

Listing and Financial Details

  • Assessor Parcel Number 5105355000

Property Details

Property Type

Land

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Access: City Street
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1930

Exterior Features

  • Frontage Feet: 52

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Water/Sewer: Public Water, Public Sewer
  • Utilities Available: Cable, Electric, Gas, Phone Lines, Sewer, Water

Condo/Co-op/Association

  • Subdivision Complex: Appraiser Add

Schools

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

Lot Info

  • Lot Dimensions: 52x150
  • Lot Size Units: Acres
  • Acres: 0.1791
  • Topography: Level
  • Parcel Number: 5105355000

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
May 23, 2017
Sold by
Schreiber Jeffrey and Schreiber Leslie G
Bought by
Eichler Gary
Seller's Agent
Kathy Hendricks
Berkshire Hathaway HomeServices Stouffer Realty
Buyer's Agent
Cindy Lautzenheiser
Howard Hanna
List Price
$9,900
Sold Price
$7,900
Premium/Discount to List
-$2,000
-20.2%
Total Days on Market
8
Current Estimated Value
$78,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,262
Avg. Annual Appreciation
29.57%

Purchase Details

Closed on
Dec 15, 2005
Sold by
Schreiber Jeffrey and Schreiber Leslie G
Bought by
Bister Samuel and Bister Krista L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 2, 2004
Sold by
Highfield Michael A and Highfield Rosalind
Bought by
Schreiber Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,150
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 1993
Bought by
Highfield Michael A
Source: Public Records

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
Eichler Gary $11,000 Heritage Union Title
Bister Samuel $82,500 Suburban Title Agency Inc
Schreiber Jeffrey R $29,900 Suburban Title
Highfield Michael A $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bister Samuel $82,500
Previous Owner Schreiber Jeffery R $56,800
Previous Owner Schreiber Jeffrey R $46,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $7,900 -20.2% $7 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $9,900 -- $8 / 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 $154 $3,820 $3,640 $180
2023 $154 $3,820 $3,640 $180
2022 $143 $3,820 $3,640 $180
2021 $193 $4,830 $4,830 $0
2020 $194 $4,830 $4,830 $0
2019 $194 $4,830 $4,830 $0
2018 $184 $4,380 $4,380 $0
2017 $184 $4,380 $4,380 $0
2016 $304 $14,670 $4,410 $10,260
2015 $622 $14,670 $4,410 $10,260
2014 $613 $14,670 $4,410 $10,260
Source: Public Records

Agents Affiliated with this Home

  • Kathy Hendricks

    Seller's Agent in 2017

    Kathy Hendricks

    BHHS Northwood

    (330) 853-7194

    87 Total Sales

    Kathy Hendricks
    Section Image
  • Cindy Lautzenheiser

    Buyer's Agent in 2017

    Cindy Lautzenheiser

    Howard Hanna

    (330) 702-8400

    381 Total Sales

    Cindy Lautzenheiser
    Section Image
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Map

Source: MLS Now

MLS Number: 3900123

MLS Now

APN: 5105355000

Ohio Columbiana County Salem 44460

531 Franklin Ave, Salem, OH

This home is located at 531 Franklin Ave, Salem, OH 44460 since 01 May 2017 and is currently estimated at $78,162, approximately $65 per square foot. This property was built in 1930. 531 Franklin 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.

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