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885 Prospect Street

885 Prospect Street, Salem, OH 44460
House in Perry
Sold Mar 13, 2020
$73,000
$71,677 by Success Mortgage Partners Inc
Mortgage Due Apr 01, 2050
Sold Jun 14, 2017
$67,000
$53,600 by West Penn Financial Service Ce
Mortgage Due Jul 01, 2047
885 Prospect Street in Salem, OH was first built in 1925 and is 99 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 885 Prospect Street has 1,232 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 616 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 940. In total, the area measurement of the land is 4,230 square feet.

Learn more about the property and building on this page. There is a open porch. 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 garage underground or in the basement. There is one available parking space. 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 central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Mar 12, 2020 for $73,000. That's $59.25 per sqft. Prior to that sales transaction, the property was also sold in Jun 13, 2017 for $67,000. 885 Prospect Street was last assessed in 2022. The total value of the property was assessed at $26,600. Specifically, the land the property is located on was valued at $2,170. While improvements on the property were assessed at a total of $24,430. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $968. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 616
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,230
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HENRY COOKS SECOND ADDITION
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NW PT 18 H COOK 2 45

Ownership

  • Current Owner : NEISHLEB ROBIN A
  • Previous Owner : ROBERTS SCOTT A
  • Previous Owner 2: ROBERTS MARY J
  • Owner Before Previous Owner: MASTERS VICKIE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem City School District
  • School Tax School District: SALEM CSD
  • Census Tract: 950700

Geography

  • District: 51
  • Parcel: 51-01979-000
  • Municipality: PERRY TWP
  • Latitude: 40.8961
  • Longitude: -80.8687

    Address

  • Full Address: 885 Prospect St
  • Address - House Number: 885
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: OH
  • City Name: Salem
  • Carrier Code: C013
  • 4-Digit Zip Code: 2624
  • Zip Code: 44460

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $968

    Appraisal Valuation

  • Standard Deviation: 0.1303
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 73
  • Final Value: 32,578
  • High Value: 36,825
  • Low Value: 28,330

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,677
  • First Open Lien Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Open Lien Mortgage Recording Date: Mar 13, 2020
  • First Open Lien Mortgage Loan Amount: $71,677
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $76,000
  • Market Land Value: $6,200
  • Market Improvement Value: $69,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,600
  • Assessed Land Value: $2,170
  • Assessed Improvements Value: $24,430

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 2020
  • Current Sale Recording Date: Mar 13, 2020
  • Current Sale Transaction ID: 11766839288
  • Current Sale Price: $73,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000002693
  • Previous Sale Recording Date: Jun 14, 2017
  • Previous Sale Contract Date: Jun 13, 2017
  • Previous Sale Amount: $67,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Mortgage Transaction Date: Mar 13, 2020
  • First Mortgage Loan Amount: $71,677
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WEST PENN FINANCIAL SERVICE CE
  • Previous Mortgage Transaction Date: Jun 14, 2017
  • Previous Mortgage Loan Amount: $53,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Salem



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Frequently Asked Questions

What neighborhood is 885 Prospect Street located in?
The 885 Prospect Street is a house located in the neighborhood of Perry in Salem, Salem.
What is the average sales price for listings in 885 Prospect Street?
The average sales price for units in 885 Prospect Street is $0 currently.

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