NOT LISTED FOR SALE

870 E 5th St Salem, OH 44460

Salem Area

Estimated Value: $222,000 - $243,872

3 Beds
2 Baths
1,170 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2025

Last sale price $225,000 $192 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,276 / mo

108 Days on Market

Highlights

  • New Construction
  • 1.5 Car Direct Access Garage
  • 1-Story Property
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

*15 YEAR PROPERTY TAX ABATEMENT - ONE YEAR BUILDER WARRANTY* Welcome to your newly built, 3 bedroom/2 bath ranch, scheduled to be completed by Christmas! This home comes with a multitude of savings, as it is part of Salem's property tax abatement for 15 years! Current property taxes are only $14/month!! Where can you find a new home with taxes that low? The convenience of first floor living gives you everything new and on one level. A cemented driveway will take you to an attached and HEATED garage. Plenty of room for your car and additional shelving for storage. Moving inside, you will enjoy an eat-in kitchen with stainless steel appliances and a walk-in pantry. The kitchen features warm, natural cabinets offset by bright granite countertops while all coordinating with 'wood look' ceramic tile floors. Cozy neutral paint and warm carpet can be found in the living room with lots of natural light from the large picture window, and all accompanied by an inviting open layout. The spacious primary bedroom has its own full bath and is conveniently located across from the laundry area. Two additional bedrooms and another full bath are also included in this wonderfully designed floorplan. Experience having everything new without breaking the bank. Purchase with confidence knowing it will qualify for your type of financing with a one-year builder warranty for piece of mind!

Last Agent to Sell the Property

Holly Ritchie

Keller Williams Chervenic Rlty Brokerage Email: hollyritchie@kw.com 330-360-5323 License #2001021919 Listed on: 11/02/2024

Keller Williams Chervenic Rlty

Last Buyer's Agent

Holly Ritchie

Keller Williams Chervenic Rlty Brokerage Email: hollyritchie@kw.com 330-360-5323 License #2001021919 Listed on: 11/02/2024

Keller Williams Chervenic Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $169

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,239 Sq Ft Lot

Parking

  • 1.5 Car Direct Access Garage

Home Design

  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5101422000

Home Details

Home Type

Single Family

Est. Annual Taxes

$169

Year Built

Built in 2024 | New Construction

Lot Details

9,239 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 2024
  • Attribution Contact: hollyritchie@kw.com 330-360-5323
  • Above Grade Finished Sq Ft: 1170.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Reso Property Condition: New Construction
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.2121
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Concrete, Direct Access, Electricity

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5101422000
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 169.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2024
Closed on
Feb 27, 2025
Sold by
Bought by
Seller's Agent
Holly Ritchie
Keller Williams Chervenic Rlty
Buyer's Agent
Holly Ritchie
Keller Williams Chervenic Rlty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Views
193
Current Estimated Value
$228,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,718
Avg. Annual Appreciation
1.17%
Original Mortgage
$130,000
Interest Rate
0.0691%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 20, 2024
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 None Listed On Document
$7,500 Heritage Union Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $130,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $225,000 -2.1% $192 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
12/04/2024 12/04/24 Price Changed $229,900 -4.2% $196 / Sq Ft
11/02/2024 11/02/24 Price Changed $239,900 -4.0% $205 / Sq Ft
11/02/2024 11/02/24 For Sale $249,900 -- $214 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $242 $69,620 $6,370 $63,250
2024 $161 $3,990 $3,990 $0
2023 $161 $3,990 $3,990 $0
2022 $149 $3,990 $3,990 $0
2021 $193 $4,830 $4,830 $0
2020 $194 $4,830 $4,830 $0
2019 $194 $4,830 $4,830 $0
2018 $184 $4,380 $4,380 $0
2017 $184 $4,380 $4,380 $0
2016 $299 $7,040 $7,040 $0
2015 $299 $7,040 $7,040 $0
2014 $340 $7,040 $7,040 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5082252

MLS Now

APN: 5101422000

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