NOT LISTED FOR SALE

940 Salem Ave Elyria, OH 44035

Estimated Value: $148,000 - $184,000

3 Beds
1 Bath
1,036 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 03, 2018

Last sale price $94,000 $91 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,023/month

103 Days on Market

Highlights

  • City View
  • 1 Car Attached Garage
  • South Facing Home
  • Deck
  • Heating System Uses Steam
  • 1-Story Property

About This Home

As of April 2018

North side ranch ready for occupancy. Recent improvements include laminate flooriing in living room, kitchen, hallway, bath and one bedroom. New roof, hot water tank, front entry door, some interior doors and new caarpeting too. New cupboards in the kithen along with granite countertops, new sink and faucet and recessed lighting and ceiling fan. Kitchen overlooks the back yard and deck. This is a large, pie shaped lot with plenty of room for gardening or games. Bathroom has shower stall, and new sink, vanity, faucet and lighting. Full basement is partially finished with recreation room and another room that could be a 4th bedroom. Exterior is vinyl sided and home has vinyl replacement windows too. Agent is related to seller.

Last Agent to Sell the Property

Jackie Meinke

Deleted Agent License #2011002988 Listed on: 11/10/2017

Last Buyer's Agent

Jennifer Herron-Underwood

Howard Hanna License #448923

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,839

Year Built

  • Built in 1969

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 36x195
  • South Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • City Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • Fairwood Community

Listing and Financial Details

  • Assessor Parcel Number 06-25-028-105-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,839

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 90.73
  • Estimated Price per Sq Ft: 90.73
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1036
  • Year Built: 1969
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1969

Interior Features

  • Appliances Equipment: Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 1036.00
  • Sq Ft Approx Total Finished: 1036.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Fairwood

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 36x195
  • Lot Size Units: Acres
  • Acres: 0.2600
  • Parcel Number: 06-25-028-105-026

Tax Info

  • Tax: 1839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Apr 2, 2018
Sold by
Remo Gerald P
Bought by
Ristau Kevin and Ristau Elizabeth A
Seller's Agent
Jackie Meinke
Deleted Agent
Buyer's Agent
Jennifer Herron-Underwood
Howard Hanna
List Price
$99,900
Sold Price
$94,000
Premium/Discount to List
-$5,900
-5.91%
Current Estimated Value
$165,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,100
Avg. Annual Appreciation
7.47%
Original Mortgage
$92,297
Outstanding Balance
$79,020
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$86,080

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 9, 2017
Sold by
Smith Virgina Gaye
Bought by
Remo Gerald P
Seller's Agent
Ken Keiffer
Northern Ohio Realty
Buyer's Agent
Jackie Meinke
Deleted Agent
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ristau Kevin $94,000 --
Remo Gerald P $55,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ristau Kevin $92,297
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2018 04/03/18 Sold $94,000 -3.0% $91 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/04/2018 01/04/18 Price Changed $96,900 -3.0% $94 / Sq Ft
11/10/2017 11/10/17 For Sale $99,900 +81.6% $96 / Sq Ft
08/14/2017 08/14/17 Sold $55,000 -8.2% $53 / Sq Ft View Prior Sale
07/24/2017 07/24/17 For Sale $59,900 +8.9% $58 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
05/05/2017 05/05/17 Off Market $55,000 -- --
05/04/2017 05/04/17 For Sale $59,900 -- $58 / Sq Ft
Source: MLS Now

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 $1,972 $41,664 $10,598 $31,066
2023 $1,951 $35,805 $12,835 $22,971
2022 $1,944 $35,805 $12,835 $22,971
2021 $1,949 $35,805 $12,835 $22,971
2020 $1,768 $28,900 $10,360 $18,540
2019 $1,757 $28,900 $10,360 $18,540
2018 $1,804 $28,900 $10,360 $18,540
2017 $1,862 $28,590 $10,010 $18,580
2016 $1,839 $28,590 $10,010 $18,580
2015 $1,680 $28,590 $10,010 $18,580
2014 $1,180 $29,080 $10,180 $18,900
2013 $1,169 $29,080 $10,180 $18,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3955869

MLS Now

APN: 06-25-028-105-026