40989 Greer Rd · Lower Salem, OH 45745

$79,900

2 bd · 2.0 ba · 2,016 sqft · SingleFamily public records · 252 Days on market

Built 1998 2.00 ac lot $40/sqft · 60% below area ↓ 53% since listing

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.9/10.0
• ARV discount +7.5/15.0
• Appreciation +7.4/10.0
• Schools +3.8/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

Key facts

• Private acres
• Extra storage
• Eat in kitchen

Tags

• WOODED SETTING
• PRIVATE ACRES
• FLOOR TO CEILING FIREPLACE
• EAT IN KITCHEN
• CERAMIC TILE FLOORS
• EXTRA STORAGE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $299 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#604 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools B+; Watch: crime D+, health & safety D, amenities F.
• Switzerland Of Ohio Local (rural): math 39% / reading 51% proficiency, ranked #503 of 656 in OH (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 8 active listings in the ZIP; 19 units permitted in Noble County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($552 loan paydown + $4k appreciation (4.8% local appreciation)).
• Noble County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.8% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 252 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 5y ago; this cycle's ask has dropped $65k (45%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $70,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 252 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.49% ✓
• Cap rate: 11.61%
• Cash-on-cash: 18.99%
• DSCR: 1.84
• GRM: 5.6

CMA / ARV

• ARV (median comp): $201,485
• List price: $79,900
• Delta: -60.34%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

4.75% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.3%
• Equity multiple: 2.63×
• Total profit: $36,373
• Equity at exit: $44,080

10-year hold

• IRR: 25.5%
• Equity multiple: 5.21×
• Total profit: $94,218
• Equity at exit: $75,104

Cash invested: $22,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 45745

• Home prices YoY: 2.4%
• Active inventory: 8
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,187 medium
• Mortgage (P&I): −$419
• Tax from tax record: −$131 /mo · $1,573/yr
• Insurance: −$33
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$249
• Net cashflow: $299

Break-even live

Break-even rent $809

Max offer price $79,900

Occupancy floor 70%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Listing history 34 events

1. 2026-06-18
   days on market $79,900 Active 252 DOM
2. 2026-06-17
   days on market $79,900 Active 251 DOM
3. 2026-06-16
   days on market $79,900 Active 250 DOM
4. 2026-06-15
   days on market $79,900 Active 249 DOM
5. 2026-06-13
   days on market $79,900 Active 247 DOM
6. 2026-06-12
   days on market $79,900 Active 246 DOM
7. 2026-06-09
   days on market $79,900 Active 243 DOM
8. 2026-06-08
   days on market $79,900 Active 242 DOM
9. 2026-06-08
   days on market $79,900 Active 241 DOM
10. 2026-06-04
    days on market $79,900 Active 237 DOM
11. 2026-06-02
    days on market $79,900 Active 236 DOM
12. 2026-06-01
    days on market $79,900 Active 235 DOM
13. 2026-05-31
    days on market $79,900 Active 234 DOM
14. 2026-05-20
    price $79,900 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

15. 2026-04-08
    price $99,900 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

16. 2026-03-04
    price $115,900 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

17. 2026-03-02
    status Active 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

18. 2026-02-27
    status Active 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

19. 2026-02-27
    historical 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

20. 2026-02-06
    historical Contingent 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

21. 2025-12-05
    price $128,250 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

22. 2025-12-04
    price $128,500 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

23. 2025-10-31
    price $135,000 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

24. 2025-10-06
    listed $145,000 Active 970-char remark

    Show marketing remark (970 chars)

    Tucked away in a peaceful wooded setting, this two-story home sits on 2 private acres and offers endless potential for someone ready to make it their own. Inside, you’ll find warm natural wood accents, hardwood flooring, and a stunning floor-to-ceiling fireplace that extends through both levels—creating a true centerpiece for the home. The main level features an eat-in kitchen with ceramic tile floors, a laundry room with extra storage, a full bath, and a versatile office or possible third bedroom. Oversized windows flood the home with natural light and showcase the serene, wooded surroundings. Upstairs, you’ll find two bedrooms, another full bathroom, and a cozy loft overlooking the main living area. Step outside to enjoy the expansive wrap-around deck—perfect for relaxing or entertaining while surrounded by nature. With its private setting and abundant character, this home is ready for your personal touch to bring it back to life.

25. 2022-01-25
    status Pending 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

26. 2022-01-21
    soldstatus $120,000 Closed 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

27. 2021-11-25
    historical Contingent 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

28. 2021-11-17
    status Active 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

29. 2021-11-16
    historical 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

30. 2021-10-17
    price $129,000 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

31. 2021-09-22
    price $145,000 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

32. 2021-08-31
    status Active 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

33. 2021-08-31
    price $149,900 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

34. 2021-08-16
    listed $169,900 Active 966-char remark

    Show marketing remark (966 chars)

    NEW PRICE!!! ACT NOW!! Peaceful serenity! This home offers two bedrooms with easy possibility of three bedrooms, two full bathrooms, privately nestled on 2 acres. As you pull up, you will notice a massive wrap around deck, perfect for enjoying those peaceful evenings or entertaining family & friends. As you walk into the main entrance, you will notice a grand staircase, a colossal fireplace that extends all the way up to the 2nd level. The main level also features a large eat in kitchen with ceramic tile flooring, a large laundry room with plenty of extra storage, and a full bathroom! Upstairs, you will see a large master suite that includes another grand fireplace, a walk-in closet, a large bathroom with a jacuzzi tub, and an extra room for office space or an extra bedroom. You'll love the open floor plan with high ceilings, large windows for natural light, and original hardwood floors. Owners are willing to entertain FHA, USDA, & VA LOANS.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $1,573 · $131/mo
• Projected year-2 tax: $1,573 · $131/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,239
• − Mortgage interest: −$4,476
• − Property taxes: −$1,573
• − Insurance: −$1,066
• − Repairs & maintenance: −$1,139
• − Management: −$1,139
• − Depreciation: −$2,324
• Taxable income: $2,522
• Est. tax owed @ 24.0%: −$605
• After-tax cash flow: $2,977/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Switzerland Of Ohio Local
• NCES district ID: 3904865
• Math proficiency: 39% ▼ -13.00%
• Reading proficiency: 51% ▼ -3.00%
• Median HH income: $40,358
• Composite: 37.67/100
• National rank: #4367
• State rank: #503 of 656 in OH

Livability — Lower Salem

• Score: 67/100
• State rank: #604
• US rank: #10370

Category grades

Amenities F Commute F Cost of living A+ Crime D+ Employment B Housing A+ Health & safety D User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Noble · 16,074 people
• Population (ZIP): 945
• Household income: $47,808
• Rent vs Own: 29.2% rent · 70.8% own

Population outlook (Noble County) Hauer SSP2

• Today (2025): 13,837 people
• By 2030: 13,584 · -1.8%
• By 2040: 12,674 · -8.4%
• By 2050: 11,551 · -16.5%
• By 2075: 8,951 · -35.3%
• By 2100: 6,807 · -50.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Black 6% Hispanic / Latino 1%
• Common ancestry: Iranian 5% Slovak 4% Subsaharan African 4%
• Foreign-born: 4%

Political lean MEDSL · Noble

• 2024 margin: Solid R (+64.6) · D 17.4% · R 82.0%
• 2008→2024 swing: -48.8pp toward R · 2008: -15.8pp · 2024: -64.6pp
• All cycles: 2024: R+64.6 2020: R+62.5 2016: R+55.1 2012: R+24.6 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.75%
• Current HPI: 206.5622
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

-53.0% since first listed

21 events — show timeline

• 2026-05-20 Price Changed $79,900 MLSNOW
• 2026-04-08 Price Changed $99,900 MLSNOW
• 2026-03-04 Price Changed $115,900 MLSNOW
• 2026-03-02 Relisted — MLSNOW
• 2026-02-27 Relisted — MLSNOW
• 2026-02-27 Listing Removed — MLSNOW
• 2026-02-06 Contingent — MLSNOW
• 2025-12-05 Price Changed $128,250 MLSNOW
• 2025-12-04 Price Changed $128,500 MLSNOW
• 2025-10-31 Price Changed $135,000 MLSNOW
• 2025-10-06 Listed $145,000 MLSNOW
• 2022-01-25 Pending — MLSNOW
• 2022-01-21 Sold (MLS) $120,000 MLSNOW
• 2021-11-25 Contingent — MLSNOW
• 2021-11-17 Relisted — MLSNOW
• 2021-11-16 Listing Removed — MLSNOW
• 2021-10-17 Price Changed $129,000 MLSNOW
• 2021-09-22 Price Changed $145,000 MLSNOW
• 2021-08-31 Relisted — MLSNOW
• 2021-08-31 Price Changed $149,900 MLSNOW
• 2021-08-16 Listed $169,900 MLSNOW

Property tax history

+1.0%/yr

Latest (2025): $1,573 · -0.1% YoY. Source: county tax records.