NOT LISTED FOR SALE

605 N Main St Salem, MO 65560

Estimated Value: $111,000 - $161,000

-- Bed
-- Bath
-- Sq Ft
10,411 Sq Ft Lot

Last Sold October 16, 2020

Current estimated payment $774/month

139 Days on Market

About This Home

As of October 2020

Investment property with 3 units: Small 1 bed 1 bath efficiency home with electric heat and gas appliances, Large 2 bed 1 bath two story apartments with spacious family rooms and sun room, Smaller 1 bed 1 bath apartment. All located on spacious lot that has room for additional building site. Location and condition has allowed for this multi-unit property to have an excellent occupancy rate over the last several years and has proven to be a money maker for the owner. The price alone is worth the look!

Last Agent to Sell the Property

Michael Elwood

Elwood Real Estate LLC License #2014039424 Listed on: 05/27/2020

Last Buyer's Agent

Michael Homeyer

VIP Properties License #2018030681

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $636

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 45x140x129.5x80x84.5x60

Parking

  • Off-Street Parking

Home Design

  • Triplex

Schools

  • Salem Upper Elem. Elementary School
  • Salem Jr. High Middle School
  • Salem Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for no utilities
  • Assessor Parcel Number 08-6.0-13-1-20-002.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$636

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Salem
  • Age: 91
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage Unknown: Yes

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Salem R-80
  • Elementary School: Salem Upper Elem.
  • Middle School: Salem Jr. High
  • High School: Salem Sr. High
  • Elementary School: Salem Upper Elem.
  • Junior High School: Salem Jr. High
  • School District: Salem R-80
  • Senior High School: Salem Sr. High

Lot Info

  • Lot Dimensions: 45x140x129.5x80x84.5x60

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: No Utilities

Multi Family

  • Gross Operating Income: 14400.00
  • Total Expenses: 3800.00
  • Type Of Units: 3-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 623
  • Assessor Parcel Number: 08-6.0-13-1-20-002.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2013
Bought by
Jlj Rental Llc
Current Estimated Value
$135,578
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
Jlj Rental Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold -- -- --
08/18/2020 08/18/20 Price Changed $67,000 -4.1% --
08/04/2020 08/04/20 For Sale $69,900 0.0% --
08/02/2020 08/02/20 Off Market -- -- --
05/27/2020 05/27/20 For Sale $69,900 -- --
Source: MARIS MLS

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 $636 $12,160 $0 $0
2023 $634 $12,160 $0 $0
2022 $634 $12,150 $0 $0
2021 $634 $12,150 $0 $0
2020 $633 $12,150 $0 $0
2019 $627 $12,150 $0 $0
2018 $619 $12,060 $0 $0
2017 $623 $12,060 $0 $0
2016 $623 $12,060 $0 $0
2015 -- $12,060 $0 $0
2014 -- $12,060 $0 $0
2013 -- $12,060 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20035014

MARIS MLS

APN: 086013120002000