NOT LISTED FOR SALE

1055 Cross St (-1075) & 1070 Lefelle St (-1080) SE Salem, OR 97302

South Central Neighborhood
5 Beds
5 Baths
3,240 Sq Ft
0.32 Acres

Last Sold October 19, 2012

Last sale price $365,000 $113 Per Sq Ft

42 Days on Market

Highlights

  • 0.32 Acre Lot
  • Wood Flooring
  • High Speed Internet
  • Territorial View
  • Landscaped
  • Dining Area

About This Home

As of October 2012

This home is located at 1055 Cross St (-1075) & 1070 Lefelle St (-1080) SE, Salem, OR 97302 since 08 August 2012. This property was built in 1947. 1055 Cross St (-1075) & 1070 Lefelle St (-1080) SE is a home located in Marion County with nearby schools including Bush Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Lowell Dean

WINDERMERE PACIFIC WEST PROP License #200409340 Listed on: 08/08/2012

Last Buyer's Agent

Lee Eckroth

TOWN & COUNTRY REALTY License #200109072

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1947

Lot Details

  • 0.32 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,240 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenant personal property
  • Legal Lot and Block 1 / 20

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $1,600
  • Maintenance Expense $5,000
  • Operating Expense $7,200
  • Net Operating Income $23,554

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,146

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Great Bush Park location. Recent rental upgrading, plus newly paved Bush Park sidewalks & parking. Drive-by only. Do not disturb tenants. Possible showing of one unit and other units after acceptable offer. These 5 homes are on one lot. Any division will be after sale, and up to new owner. Reportedly, these homes were moved here in the middle 1940's have foundations, and rented almost immediately when available.
  • Cross Street: 1070 Lefelle st (-1080)
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Tenant personal property
  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 112.65
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 115.74

Exterior Features

  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Electric, Wall Furnace
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Insurance: 1600
  • Sewer: City

Condo/Co-op/Association

  • Maintenance: 5000

Schools

  • Elementary School: Bush
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.32
  • Estimated Lot Sq Ft: 14016
  • Flood Plain: Unknown
  • Lot: 1
  • Lot Type: Irregular
  • Price Per Acre: 1171875
  • Zoning: RM2
  • Property Use Type: Investment

Rental Info

  • Total Expenses: 7200

Multi Family

  • Additional Land Available: 40500
  • Net Income: 23554
  • Gross Sched Income: 40500
  • Number Of Units: 5

Tax Info

  • Tax Account Number: R86242
  • Tax Amount: 3146

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $365,000 -2.7% $113 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $375,000 -- $116 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 655729

Willamette Valley MLS