NOT LISTED FOR SALE

989 W State St Salem, OH 44460

Estimated Value: $78,000 - $118,000

4 Beds
3 Baths
2,292 Sq Ft
$40/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2020

Last sale price $60,000 $26 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $574 / mo

4 Days on Market

About This Home

As of November 2020

Incredible investment opportunity! Live in one and rent the others or with a little TLC, rent them all! The upstairs apartment offers 2 beds, 1 bath, a kitchen, dining room, and living room. The two lower units offer 1 bed, 1 bath, kitchen, and living room. All appliances stay. In the heart of the quaint city of Salem, this is a prime location living or renting!

Last Agent to Sell the Property

Meghan Ritchie

Keller Williams Chervenic Rlty License #2013004520 Listed on: 10/06/2020

Keller Williams Chervenic Rlty

Co-Listed By

Holly Ritchie

Keller Williams Chervenic Rlty License #2001021919

Last Buyer's Agent

Karen Strong

Howard Hanna License #2018000127

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1920

Lot Details

  • 10,742 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,292 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, gas, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 5101753000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$966

Year Built

Built in 1920

Lot Details

10,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 26.18
  • Estimated Price per Sq Ft: 26.18
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2292
  • Year Built: 1920
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 2292.00
  • Sq Ft Approx Total Finished: 2292.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Schools

  • School District: Salem CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2466
  • Parcel Number: 5101753000

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Gas, Trash Collection

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3

Tax Info

  • Tax: 966

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
Oct 6, 2020
Closed on
Nov 3, 2020
Sold by
Bought by
Seller's Agent
Meghan Ritchie
Keller Williams Chervenic Rlty
Buyer's Agent
Karen Strong
Howard Hanna
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$92,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,076
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Dec 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
12.37%
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

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
$60,000 Heritage Union Title Co Ltd
$53,500 Suburban Title Agency Inc
$38,500 --
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
Previous Owner $42,800
Previous Owner $33,750
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
11/05/2020 11/05/20 Sold $60,000 -7.7% $26 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $65,000 -- $28 / 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 $961 $25,340 $7,070 $18,270
2024 $849 $21,110 $5,880 $15,230
2023 $852 $21,110 $5,880 $15,230
2022 $790 $21,110 $5,880 $15,230
2021 $785 $19,670 $5,880 $13,790
2020 $966 $19,670 $5,880 $13,790
2019 $966 $19,670 $5,880 $13,790
2018 $928 $17,890 $5,360 $12,530
2017 $742 $17,890 $5,360 $12,530
2016 $867 $16,320 $6,270 $10,050
2015 $867 $16,320 $6,270 $10,050
2014 $670 $16,320 $6,270 $10,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4230065

MLS Now

APN: 5101753000

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