NOT LISTED FOR SALE

836 E 3rd St Salem, OH 44460

Estimated Value: $105,000 - $131,000

4 Beds
3 Baths
2,900 Sq Ft
$40/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $97,500 $34 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $705/month

121 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating System
  • South Facing Home
  • Window Unit Cooling System

About This Home

As of September 2024

Great turn-key income opportunity from this tri-plex unit with 3 car garage for tenant use.(garage doors and roof need repaired).
This home has newer roof, windows, downspouts, and exterior paint. New flooring in 2nd unit, 1st floor kitchen, and community hallways; installed 2024. First floor unit has 2 bedrooms, large kitchen, living room, with decorative fireplace and a sitting room and 1 bath. Second floor unit 2 has 1 bedroom, large kitchen, living room, 1 bathroom. Unit 3 has efficiency kitchen, LR w/ decorative fireplace, 1 Bedroom, and 1 bathroom. Copper baseboard registers were replaced, updated PEX and pvc pipes, cast iron stack replaced with pvc, and new clean out installed. Currently the rents are $625, $600, and $550. The owner pays utilities. Fully rented, and easy to rent

Last Agent to Sell the Property

Lindy Hutton

Berkshire Hathaway HomeServices Stouffer Realty Brokerage Email: lindyhutton@stoufferrealty.com 330-831-6611 License #2021001344 Listed on: 05/19/2024

Berkshire Hathaway HomeServices Stouffer Realty

Last Buyer's Agent

Kimberly Lewis

Home Equity Realty Group License #2017004453

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1890

Lot Details

  • 6,861 Sq Ft Lot
  • South Facing Home

Parking

  • 3 Car Detached Garage
  • Driveway
  • Unpaved Parking

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Hawley Add Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 5101993000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,244

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1890
  • Attribution Contact: lindyhutton@stoufferrealty.com 330-831-6611
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Hawley Add
  • Above Grade Finished Sq Ft: 2900.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1575
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: South

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Detached, Garage, Unpaved

Utilities

  • LaundryFeatures: None
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5101993000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities
  • Tenant Pays: None

Tax Info

  • Tax Annual Amount: 1244.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2024
Closed on
Aug 30, 2024
Sold by
Nicholson Tyler and Nicholson Susan A
Bought by
Jero Candelero Investment Llc
Seller's Agent
Lindy Hutton
Berkshire Hathaway HomeServices Stouffer Realty
Buyer's Agent
Kimberly Lewis
Home Equity Realty Group
List Price
$109,000
Sold Price
$97,500
Premium/Discount to List
-$11,500
-10.55%
Views
40
Current Estimated Value
$115,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,774
Avg. Annual Appreciation
13.86%
Original Mortgage
$68,250
Outstanding Balance
$67,483
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$47,791

Purchase Details

Closed on
Dec 31, 2002
Sold by
Jenkins Steven
Bought by
Fox Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,320
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2002
Sold by
Jenkins Steven
Bought by
Fox Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,320
Interest Rate
7.9%
Mortgage Type
New Conventional
Source: Public Records
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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
Jero Candelero Investment Llc $97,500 None Listed On Document
Fox Christopher $84,800 --
Fox Christopher $84,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jero Candelero Investment Llc $68,250
Previous Owner Fox Christopher $76,320
Previous Owner Fox Christopher $76,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 Sold $97,500 0.0% $34 / Sq Ft
08/31/2024 08/31/24 Off Market $97,500 -- --
06/10/2024 06/10/24 Price Changed $99,900 -8.3% $34 / Sq Ft
05/20/2024 05/20/24 For Sale $109,000 -- $38 / 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 $1,241 $30,840 $3,820 $27,020
2023 $1,244 $30,840 $3,820 $27,020
2022 $1,153 $30,840 $3,820 $27,020
2021 $1,144 $28,670 $4,480 $24,190
2020 $1,154 $28,670 $4,480 $24,190
2019 $1,153 $28,670 $4,480 $24,190
2018 $1,096 $26,040 $4,060 $21,980
2017 $1,095 $26,040 $4,060 $21,980
2016 $1,087 $27,310 $4,520 $22,790
2015 $1,159 $27,310 $4,520 $22,790
2014 $1,140 $27,310 $4,520 $22,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5039573

MLS Now

APN: 5101993000