$399,500
SOLD OCT 24, 2024

1015 Raffon Ct SE Unit 1017 Salem, OR 97317

2 Beds
2 Baths
1,369 Sq Ft
8,000 Sq Ft Lot

Recently Sold

$292 Per Sq Ft

108 Days on Market

Highlights

  • Living Room with Fireplace
  • Fenced Yard
  • Handicap Accessible
  • Territorial View
  • Cul-De-Sac
  • Tile Flooring

About This Home

As of October 2024

Invest in this fully occupied one story duplex on a large corner lot in Salem. Featuring an open living concept, 1 bedroom, 1 bath, a single car garage and a private fully fenced backyard on each side. Upgrades in the last two years include: new fence, brand new furnace on one side, a new hot water heater on one side, and some newer appliances. Tenants responsible for all utilities other than water/sewer. Start the process of adding this to your portfolio by calling now. Do not disturb tenants.

Last Agent to Sell the Property

Alison Clowser

OREGON FIRST License #201239747 Listed on: 07/08/2024

OREGON FIRST

Last Buyer's Agent

Natalie Rybakov

HOMESMART REALTY GROUP License #200610196

HOMESMART REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,629

Year Built

  • Built in 1976

Lot Details

  • 8,000 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,369 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Territorial Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Handicap Accessible

Schools

  • Mary Eyre Elementary School
  • Houck Middle School
  • North Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenant personal property
  • Tax Block 1

Community Details

Overview

  • 2 Units
  • Macleay Estates #1 Subdivision

Building Details

  • Water Sewer Expense $1,908

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,629

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Possible
  • Handicap Amenities: Yes (Refer To Remarks)
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Invest in this fully occupied one story duplex on a large corner lot in Salem. Featuring an open living concept, 1 bedroom, 1 bath, a single car garage and a private fully fenced backyard on each side. Upgrades in the last two years include: new fence, brand new furnace on one side, a new hot water heater on one side, and some newer appliances. Tenants responsible for all utilities other than water/sewer. Start the process of adding this to your portfolio by calling now. Do not disturb tenants.
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenant personal property
  • Fireplace: Living Room, Stove, Wood
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup, W/D Included
  • Price Per Sq Ft: 291.82
  • Price Per Sq Ft: 291.82

Exterior Features

  • Exterior Color: Beige
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Gas, Wood, Central Ac, Stove, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Sewer: City
  • Water/Sewer: 1908

Schools

  • Elementary School: Mary Eyre
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 8000
  • Flood Plain: Unknown
  • Lot Type: Cul-De-Sac
  • Price Per Acre: 2219444.44
  • Property Use Type: Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: R53725
  • Tax Amount: 2629

Multi Family

  • Unit Types: Flat
  • Number Of Units: 2

MLS Schools

  • HighSchool: North Salem
  • Middle School: Houck
  • Elementary School: Mary Eyre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Oct 23, 2024
Sold by
Wallace Justin W and Wallace Amy M
Bought by
Kuvaldin Vlad
Seller's Agent
Alison Clowser
OREGON FIRST
Buyer's Agent
Natalie Rybakov
HOMESMART REALTY GROUP
List Price
$399,500
Sold Price
$399,500
Views
49
Current Estimated Value
$395,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,724
Avg. Annual Appreciation
0.17%
Original Mortgage
$392,263
Outstanding Balance
$388,810
Interest Rate
6.2%
Mortgage Type
FHA
Estimated Equity
$11,235

Purchase Details

Listed on
Sep 2, 2014
Closed on
Nov 19, 2014
Sold by
Wallace Justin W
Bought by
Wallace Justin W and Wallace Amy M
Buyer's Agent
Peter Braunworth
COHO REALTY
List Price
$139,500
Sold Price
$139,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$111,600
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2014
Closed on
Nov 6, 2014
Sold by
Ochsner Paul E
Bought by
Wallace Justin W
Buyer's Agent
Peter Braunworth
COHO REALTY
List Price
$139,500
Sold Price
$139,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
4.17%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $399,500 Ticor Title
Interfamily Deed Transfer -- Accommodation
Warranty Deed $139,500 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,263 FHA
Previous Owner $111,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $399,500 0.0% $292 / Sq Ft
07/08/2024 07/08/24 For Sale $399,500 +186.4% $292 / Sq Ft
11/07/2014 11/07/14 Sold $139,500 0.0% $102 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $139,500 -- $102 / 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 $2,777 $158,730 -- --
2023 $2,629 $154,110 $0 $0
2022 $2,482 $149,630 $0 $0
2021 $2,460 $145,280 $0 $0
2020 $2,316 $141,050 $0 $0
2019 $2,333 $136,950 $0 $0
2018 $2,391 $0 $0 $0
2017 $1,928 $0 $0 $0
2016 $1,852 $0 $0 $0
2015 $1,834 $0 $0 $0
2014 $1,712 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 819220

Willamette Valley MLS

APN: 553725