NOT LISTED FOR SALE

546 Franklin Ave Salem, OH 44460

Estimated Value: $115,000 - $125,000

4 Beds
3 Baths
2,296 Sq Ft
$52/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $110,000 $48 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $741/month

36 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Woodwork
  • High Ceiling
  • Eat-In Kitchen
  • Recessed Lighting

About This Home

As of April 2024

EASILY MADE INTO SINGLE FAMILY RESIDENCE TOO! This well maintained three unit is ready to take new tenants! Immense 2BR first floor unit with eat-in kitchen, 2 big bedrooms and a massive living room with bay windows. Decorative fireplaces too! Mudroom leads to peaceful deck. Second 1BR unit is spotless and walks up from front foyer, with newer carpet, fresh paint and cute kitchen. Third efficiency unit is a walk up from rear and has a complete kitchen as well as living/bedroom space. Two car detached garage has separate entries and partition for even more possible income. Additional space above garage can also be rented out. Pretty and level parcel. Second attached parcel is half of the private alleyway that has been recently paved and has off-street parking for 4 more cars. Updated boiler too.

Last Agent to Sell the Property

Jeff Lunderstadt

EXP Realty, LLC. Brokerage Email: jeff@jefflunderstadt.com 412-973-3121 License #2022005673 Listed on: 01/26/2024

EXP Realty, LLC.

Last Buyer's Agent

Krister Salinas

Russell Real Estate Services License #2022004906

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 1880

Lot Details

  • 10,498 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Back Yard
  • 5108401000

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Additional Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Clap Board Siding

Interior Spaces

  • 2,296 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Location

  • City Lot

Utilities

  • No Cooling
  • Hot Water Heating System

Community Details

  • Zadok Streets 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5102077000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$943

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1880
  • Attribution Contact: jeff@jefflunderstadt.com 412-973-3121
  • ResoLotFeatures: Back Yard, Corner Lot, City Lot, Flat, Level
  • ResoSpecialListingConditions: Estate
  • Subdivision Name: Zadok Streets 3rd Add
  • Above Grade Finished Sq Ft: 2296.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Crown Molding, Entrance Foyer, Eat-in Kitchen, High Ceilings, Recessed Lighting, Natural Woodwork
  • Unit Levels: Two
  • Tax Year: 2022
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Common Basement, Full, Interior Entry, Unfinished, Walk-Up Access
  • Basement: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.241
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Clapboard

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Detached, Garage, Garage Faces Rear

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5102077000
  • Additional Parcels Description: 5108401000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 943.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Apr 9, 2024
Sold by
Atkinson James E and Mann Jill Ann
Bought by
Beltran Hector J Marin
Seller's Agent
Jeff Lunderstadt
EXP Realty, LLC.
Buyer's Agent
Krister Salinas
Russell Real Estate Services
List Price
$104,950
Sold Price
$110,000
Premium/Discount to List
$5,050
4.81%
Views
78
Current Estimated Value
$120,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,235
Avg. Annual Appreciation
2.05%
Original Mortgage
$108,007
Outstanding Balance
$106,882
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$6,200

Purchase Details

Closed on
Dec 2, 2021
Sold by
Atkinson Donald E
Bought by
Atkinson James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
2.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2016
Bought by
Donald E Atkinson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.45%
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
Beltran Hector J Marin $110,000 First American Title
Atkinson James E $75,000 Heritage Union Title Co Ltd
Donald E Atkinson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beltran Hector J Marin $108,007
Previous Owner Atkinson James E $40,000
Previous Owner Donald E Atkinson --
Previous Owner Atkinson Donald E $39,000
Previous Owner Atkinson Donald E $54,605
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $110,000 +4.8% $48 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $104,950 -- $46 / 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 $1,042 $25,900 $6,230 $19,670
2023 $1,045 $25,900 $6,230 $19,670
2022 $943 $25,900 $6,230 $19,670
2021 $305 $24,120 $6,160 $17,960
2020 $615 $24,120 $6,160 $17,960
2019 $615 $24,120 $6,160 $17,960
2018 $552 $21,910 $5,600 $16,310
2017 $551 $21,910 $5,600 $16,310
2016 $647 $24,080 $5,670 $18,410
2015 $647 $24,080 $5,670 $18,410
2014 $637 $24,080 $5,670 $18,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5013212

MLS Now

APN: 5102077000