NOT LISTED FOR SALE

610 E 4th St Salem, OH 44460

Estimated Value: $88,000 - $94,000

4 Beds
2 Baths
1,986 Sq Ft
$45/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $51,700 $26 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $550/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • South Facing Home

About This Home

As of August 2020

Salem Duplex Online Sale - Ending: Tuesday July 28th 2020 @ 6:00 PM - Duplex Investment Property - Good 2 story duplex income producing property in Salem, OH. Both units have two bedrooms and one bath with large, eat in kitchens and living rooms. The bottom unit has access to the basement. All utilities are separate and the tenants pay for all utilities including trash pick-up. The current rent is $600 for the bottom and $475 for the top. Both units are currently rented. The flooring in the bathrooms have been replaced recently, the roof is 5 to 6 years old, the furnace in the top unit is less than 5 years, the other furnace is just over 10 years old. All the windows are vinyl replacements. This will make someone a great investment. Both units have natural gas forced air heat and no central air.
Real Estate Terms: There will be a 10% buyer’s premium added to the final sales price to constitute a contract price. The buyer will be required to sign all contracts and put a non-refundable down payment of 10% of the contract price within 48 hours of the close of the sale. This will be online only and all buyers can follow the link. This is with reserve and the final sales price will be subject to seller confirmation.

Last Agent to Sell the Property

Wade Baer

Baer Auctioneers Realty LLC License #2008001924 Listed on: 06/25/2020

Last Buyer's Agent

Wade Baer

Baer Auctioneers Realty LLC License #2008001924 Listed on: 06/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $858

Year Built

  • Built in 1890

Lot Details

  • 3,023 Sq Ft Lot
  • South Facing Home

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Waterworths Community

Listing and Financial Details

  • Assessor Parcel Number 5101994000

Home Details

Home Type

Single Family

Est. Annual Taxes

$858

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial, Conventional
  • House Faces: South
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1890
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Total Bedrooms: 4
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Basement Detail: Full

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Waterworths

Schools

  • School District: Salem CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0694
  • Parcel Number: 5101994000

Tax Info

  • Tax: 858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 26, 2020
Sold by
Northeastern Properties Ohio Inc
Bought by
Msmn Ltd
Seller's Agent
Wade Baer
Baer Auctioneers Realty LLC
Buyer's Agent
Wade Baer
Baer Auctioneers Realty LLC
List Price
$50,000
Sold Price
$51,700
Premium/Discount to List
$1,700
3.4%
Current Estimated Value
$89,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,286
Avg. Annual Appreciation
10.96%
Original Mortgage
$41,360
Outstanding Balance
$36,704
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$53,282

Purchase Details

Closed on
Jan 24, 2003
Sold by
Arcuri Neal A and Arcuri Cynthia
Bought by
Northeastern Properties Ohio Inc

Purchase Details

Closed on
Jul 31, 1996
Sold by
Jenson John M
Bought by
Arcuri Neal A and Arcuri Gregory A

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
8.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1991
Sold by
Jenson Jon Mark
Bought by
Jensen Nathan and Jon Mark
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Msmn Ltd $51,700 Heritage Union Title Co Ltd
Northeastern Properties Ohio Inc -- --
Arcuri Neal A $50,000 --
Jensen Nathan $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Msmn Ltd $41,360
Previous Owner Arcuri Neal A $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $51,700 +3.4% $26 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $50,000 -- $25 / 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 $946 $23,520 $2,380 $21,140
2023 $1,134 $23,520 $2,380 $21,140
2022 $1,065 $23,520 $2,380 $21,140
2021 $851 $21,320 $3,120 $18,200
2020 $858 $21,320 $3,120 $18,200
2019 $858 $21,320 $3,120 $18,200
2018 $817 $19,400 $2,840 $16,560
2017 $816 $19,400 $2,840 $16,560
2016 $829 $19,530 $3,150 $16,380
2015 $829 $19,530 $3,150 $16,380
2014 $816 $19,530 $3,150 $16,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4200237

MLS Now

APN: 5101994000