NOT LISTED FOR SALE

713 E State St Salem, OH 44460

0.17 Acre
-- Price per Acre
7,579 Sq Ft Lot

Last Sold October 21, 2021

Last sale price $450,000

270 Days on Market

About This Lot

As of October 2021

Probably the most desirable corner lot(s) in the City of Salem. The owner has cleared this site and it is only limited by your imagination. Fast food, bank, offices, etc. Unbelievable opportunity in one of the area's hottest cities. Recent new additions to Salem include: Chipotle, Dunkin Donuts, Dairy Queen, large Circle K and many more to come.

Last Agent to Sell the Property

Harry Hofmeister

Hofmeister Realty License #238242 Listed on: 11/16/2020

Last Buyer's Agent

Harry Hofmeister

Hofmeister Realty License #238242 Listed on: 11/16/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,372

Lot Details

  • Lot Dimensions are 150 x 177
  • Corner Lot

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 51-07839.000

Property Details

Property Type

Land

Est. Annual Taxes

$1,372

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Commercial
  • Access: City Street
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 150

Utilities

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

Schools

  • School District: Salem Csd

Lot Info

  • Lot Dimensions: 150 X 177
  • Improvements: Curb Cuts, Electric, Gas, Paved Streets, Sidewalks, Storm Drains, Street Lights
  • Additional Assessor Parcel Number 1: 51-05238.000
  • Additional Assessor Parcel Number 2: 51-00930.000
  • Additional Assessor Parcel Number 3: 51-03739.000
  • Additional Assessor Parcel Number 4: 51-0795.000
  • Irregular Lot Yn: Yes
  • Lot Description: City Lot, Corner
  • Lot Size Units: Acres
  • Divisible Yn: Yes
  • Topography: Cleared
  • Parcel Number: 51-07839.000

Multi Family

  • Number Of Lots: 6

Tax Info

  • Tax: 1372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Oct 29, 2021
Sold by
Armadillo Development Llc
Bought by
City Of Salem
Seller's Agent
Harry Hofmeister
Hofmeister Realty
Buyer's Agent
Harry Hofmeister
Hofmeister Realty
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%

Purchase Details

Closed on
Mar 12, 2020
Sold by
Salem Area Chamber Of Commerce Fndn
Bought by
Armadillo Development Llc

Purchase Details

Closed on
Dec 28, 2018
Bought by
Salem Area Chamber Of
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
City Of Salem $450,000 Timios Inc
Armadillo Development Llc $140,000 Heritage Union Title Co Ltd
Salem Area Chamber Of -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $450,000 -10.0% --
08/13/2021 08/13/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $500,000 +11.1% --
05/16/2021 05/16/21 Off Market $450,000 -- --
04/16/2021 04/16/21 For Sale $500,000 0.0% --
03/26/2021 03/26/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $500,000 -- --
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 -- $22,370 $22,370 $0
2023 $0 $22,370 $22,370 $0
2022 $0 $22,370 $22,370 $0
2021 $977 $20,340 $20,340 $0
2020 $3,870 $79,950 $20,340 $59,610
2019 $3,865 $79,950 $20,340 $59,610
2018 $3,915 $79,950 $20,340 $59,610
2017 $3,889 $79,950 $20,340 $59,610
2016 $3,858 $73,820 $15,790 $58,030
2015 $3,614 $73,820 $15,790 $58,030
2014 $3,527 $73,820 $15,790 $58,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4240001

MLS Now

APN: 5107839000