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1318 East State Street

1318 East State Street, Salem, OH 44460
Property in Perry
Sold Mar 16, 2020
$145,000
$113,000 by The Farmers National Bank Of C
Mortgage Due Mar 13, 2030
Sold Jul 21, 1993
$39,500
1318 East State Street in Salem, OH was first built in 1886 and is 138 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1318 East State Street has 3,503 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,143 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 960 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 19,201 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of slate. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. The garage is 520 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1318 East State Street sold most recently in Feb 6, 2020 for a total of $145,000. If you work out the math, that's approximately a cost of $62.55 per sqft. Before that, the property was also sold for $39,500 in Jul 21, 1993. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,961 in taxes each year. The initial year of tax delinquency occurred in 2021. 1318 East State Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $47,360. If we break it down further, the land itself was valued at $10,780. Improvements to the property, however, were assessed at a total of $36,580. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1886
  • Effective Year Built: 1886
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Quadplex
  • Exterior Walls Type: Wood
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,143
  • Garage Type: Detached
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,201
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 960
  • Total Building Area: 2,318
  • Gross Building Area: 2,318
  • Building Area: 2,318
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,503
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TOLERTON & ENGLANDS ADDITION
  • Land Acres: 0.441
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • County Land Use Code: Intangable personal property
  • Legal Description 1: LOT #1 TLRTN & ENG 96'X200' (1318 E STATE ST)

Ownership

  • Current Owner : HALVERSTADT PROPERTIES LLC
  • Previous Owner : RICE PAUL K
  • Previous Owner 2: RICE MARY ANN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Salem City School District
  • School Tax School District: SALEM CSD
  • Census Tract: 950600

Geography

  • District: 51
  • Parcel: 51-04860-000
  • Municipality: PERRY TWP
  • Latitude: 40.9013
  • Longitude: -80.8423

    Address

  • Full Address: 1318 E State St
  • Address - House Number: 1318
  • Street Direction: E
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: OH
  • City Name: Salem
  • Carrier Code: C002
  • 4-Digit Zip Code: 2356
  • Zip Code: 44460

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,961
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 74
  • Final Value: 155,707
  • High Value: 175,695
  • Low Value: 135,718

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,000
  • First Open Lien Mortgage Lender: THE FARMERS NATIONAL BANK OF C
  • First Open Lien Mortgage Recording Date: Mar 16, 2020
  • First Open Lien Mortgage Loan Amount: $113,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 13, 2030

    Market Valuation

  • Market Total Value: $135,300
  • Market Land Value: $30,800
  • Market Improvement Value: $104,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,360
  • Assessed Land Value: $10,780
  • Assessed Improvements Value: $36,580

    Sales

  • Current Sale Contract Date: Feb 06, 2020
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Transaction ID: 11766999405
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000002771
  • Previous Sale Recording Date: Jul 21, 1993
  • Previous Sale Contract Date: Jul 21, 1993
  • Previous Sale Amount: $39,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FARMERS NATIONAL BANK OF C
  • First Mortgage Transaction Date: Mar 16, 2020
  • First Mortgage Loan Amount: $113,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Mar 13, 2030

About Salem



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Frequently Asked Questions

What neighborhood is 1318 East State Street located in?
The 1318 East State Street is a located in the neighborhood of Perry in Salem, Salem.
What is the average sales price for listings in 1318 East State Street?
The average sales price for units in 1318 East State Street is $0 currently.

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