NOT LISTED FOR SALE

1015 Park Ave NE Unit 1025 Salem, OR 97301

Northeast Salem Neighborhood

Estimated Value: $412,093 - $485,000

4 Beds
2 Baths
1,930 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 24, 2014

Last sale price $173,500 $90 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,695/month

77 Days on Market

About This Home

As of February 2014

This home is located at 1015 Park Ave NE Unit 1025, Salem, OR 97301 since 04 October 2013 and is currently estimated at $432,523, approximately $224 per square foot. This property was built in 1973. 1015 Park Ave NE Unit 1025 is a home located in Marion County with nearby schools including Hoover Elementary School, Parrish Middle School, and North Salem High School.

Last Listed By

Aaron Rian

THE BROKERAGE HOUSE License #200711174 Listed on: 10/04/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1973

Lot Details

  • 9,148

Home Design

  • 1,930 Sq Ft Home
  • Duplex
  • Composition Roof
  • Wood Siding
  • T111 Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Range
  • 9,148 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,212

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Range Included
  • Syndicated Remarks: Updated and well-maintained duplex located close to shopping, freeway, and restaurants! Seller reports over a 95% occupancy rate! Tenants currently in both units.
  • Cross Street: D St to Park
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Price Per Sq Ft: 89.9
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 98.39

Exterior Features

  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111

Utilities

  • Heating: Baseboard
  • Water: City
  • Sewer: City

Schools

  • Elementary School: Hoover
  • Middle School: Parrish
  • High School: South Albany

Lot Info

  • Acres: 0.21
  • Estimated Lot Sq Ft: 9148
  • Price Per Acre: 904285.71
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R27120
  • Tax Amount: 2212

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Feb 14, 2014
Sold by
Bergen Jean M and Stoker Jean M
Bought by
Cam Lavrenty and Molodyh Natasha
Seller's Agent
Aaron Rian
THE BROKERAGE HOUSE
List Price
$189,900
Sold Price
$173,500
Premium/Discount to List
-$16,400
-8.64%
Total Days on Market
77
Current Estimated Value
$432,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,023
Avg. Annual Appreciation
8.42%
Original Mortgage
$130,125
Outstanding Balance
$100,255
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$332,268

Purchase Details

Closed on
Jan 20, 2006
Sold by
Schumacher Chris M
Bought by
Stoker Jean M

Purchase Details

Closed on
Aug 28, 2003
Sold by
Stoker Jean Marie
Bought by
Stoker Jean Marie and Schumacher Chris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,750
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Miller Richard and Miller David L
Bought by
Stoker Jean Marie
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cam Lavrenty $173,500 Fidelity National Title Or
Stoker Jean M $100,000 Fatco
Stoker Jean Marie -- First American
Stoker Jean Marie -- First American
Stoker Jean Marie $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cam Lavrenty $130,125
Previous Owner Stoker Jean Marie $127,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $173,500 -8.6% $90 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $189,900 -- $98 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,326 $169,410 -- --
2023 $3,228 $164,480 $0 $0
2022 $3,044 $159,690 $0 $0
2021 $2,957 $155,040 $0 $0
2020 $2,871 $150,530 $0 $0
2019 $2,770 $146,150 $0 $0
2018 $2,819 $0 $0 $0
2017 $2,544 $0 $0 $0
2016 $2,423 $0 $0 $0
2015 $2,442 $0 $0 $0
2014 $2,332 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 671150

Willamette Valley MLS

APN: 527120