848 Salem Ave
Elyria, OH 44035
4 bd 2 ba 1,493 sqft Built 1962 Lot 6,534 sqft single_family
Most recent sale
$173,000
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 16, 2022 | Sold | $173,000 | Public Record |
| Sep 15, 2022 | Sold | $173,000 | MLS #4400259 |
| Aug 12, 2022 | Listed | $169,900 | MLS #4400259 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $51,380 | $8,350 | $59,730 | $2,812 |
| 2023 | $36,964 | $9,202 | $46,166 | $2,515 |
| 2022 | $36,964 | $9,202 | $46,166 | $2,031 |
| 2021 | $36,964 | $9,202 | $46,166 | $2,036 |
| 2020 | $29,834 | $7,427 | $37,261 | $1,745 |
| 2019 | $29,834 | $7,427 | $37,261 | $1,734 |
| 2018 | $29,834 | $7,427 | $37,261 | $1,737 |
| 2017 | $27,937 | $7,137 | $35,074 | $1,673 |
| 2016 | $27,937 | $7,137 | $35,074 | $1,651 |
| 2015 | $27,937 | $7,137 | $35,074 | $1,547 |
| 2014 | $28,420 | $7,259 | $35,679 | $1,563 |
| 2013 | $27,734 | $7,259 | $34,993 | $1,509 |
| 2012 | $27,734 | $7,259 | $34,993 | $1,474 |
| 2011 | $27,895 | $8,155 | $36,050 | $1,433 |
| 2010 | $27,895 | $8,155 | $36,050 | $1,428 |
| 2009 | $27,895 | $8,155 | $36,050 | $1,285 |
| 2008 | $30,000 | $8,790 | $38,790 | $1,308 |
| 2007 | $30,000 | $8,790 | $38,790 | $1,681 |
Property facts
Year built
1962
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,493 sqft
Lot size
6,534 sqft
ZIP code
44035
City
Elyria
Street
Salem Ave
Coordinates
41.40002, -82.07396
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,038
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 848 Salem Ave last sell?
848 Salem Ave most recently sold on Sep 16, 2022 for $173,000.
What is the current tax assessment for 848 Salem Ave?
The most recent total assessment for 848 Salem Ave (year 2025) is $59,730 with $2,812 in property tax.
How does 848 Salem Ave's assessment compare to its last sale price?
The current assessment is 65.5% below the last sale price of $173,000.
When was 848 Salem Ave built?
848 Salem Ave was built in 1962.
How does 848 Salem Ave compare to others on Salem Ave?
We track 8 other properties on Salem Ave. Browse the list under "Other properties on Salem Ave" to compare beds, baths, and sale history.
What are the property facts for 848 Salem Ave?
848 Salem Ave is a 4 bed, 2 bath, 1,493 sqft, 6,534 sqft lot single_family.
Is 848 Salem Ave a flip candidate?
No — 848 Salem Ave does not appear in our flips dataset.
Is 848 Salem Ave a tax-appeal candidate?
No — 848 Salem Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.2%
2026 Q3
$207.7K
2026 Q4
$208.3K
ZIP 44035 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Salem Ave