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622 Franklin Ave

Salem, OH 44460

3 bd 2 ba 2,449 sqft Built 1876 Lot 27,000 sqft single_family
Most recent sale
$212,000
Apr 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Price changed $229,900 MLS #4406392
Sep 6, 2022 Listed $239,900 MLS #4406392
Apr 16, 2021 Sold $212,000 MLS #4251225
Feb 3, 2021 Listed $215,000 MLS #4251225

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $65,100 $7,000 $72,100 $2,667
2024 $65,100 $7,000 $72,100 $2,358
2023 $54,250 $5,850 $60,100 $2,364
2022 $54,250 $5,850 $60,100 $2,187
2021 $45,010 $5,880 $50,890 $1,976
2020 $45,010 $5,600 $50,610 $1,982
2019 $45,010 $5,600 $50,610 $1,982
2018 $40,920 $5,080 $46,000 $1,885
2017 $40,920 $5,080 $46,000 $1,884
2016 $40,920 $5,080 $46,000 $1,868
2015 $39,030 $4,480 $43,510 $1,796
2014 $39,030 $4,480 $43,510 $1,768
2013 $39,030 $4,480 $43,510 $1,766
2012 $40,220 $4,620 $44,840 $1,798
2011 $40,220 $4,620 $44,840 $1,796
2010 $40,220 $4,620 $44,840 $1,793
2009 $40,500 $3,990 $44,490 $1,717
2008 $40,500 $3,990 $44,490 $1,715
2007 $40,500 $3,990 $44,490 $1,715

Property facts

Year built
1876
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,449 sqft
Lot size
27,000 sqft
ZIP code
44460
City
Salem
Street
Franklin Ave
Coordinates
40.89735, -80.84936

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,272
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 622 Franklin Ave last sell?
622 Franklin Ave most recently sold on Apr 16, 2021 for $212,000.
What is the current tax assessment for 622 Franklin Ave?
The most recent total assessment for 622 Franklin Ave (year 2025) is $72,100 with $2,667 in property tax.
How does 622 Franklin Ave's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $212,000.
When was 622 Franklin Ave built?
622 Franklin Ave was built in 1876.
How does 622 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 622 Franklin Ave?
622 Franklin Ave is a 3 bed, 2 bath, 2,449 sqft, 27,000 sqft lot single_family.
Is 622 Franklin Ave a flip candidate?
No — 622 Franklin Ave does not appear in our flips dataset.
Is 622 Franklin Ave a tax-appeal candidate?
No — 622 Franklin Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.0%
Implied 1-yr
+24.1%
2026 Q3
$279.8K
2026 Q4
$291.9K
ZIP 44460 — Median Price History + Forecast

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