NOT LISTED FOR SALE

1074 46th Place SE Unit 1078 Salem, OR 97317

Estimated Value: $623,000 - $838,000

8 Beds
6 Baths
3,689 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $400,000 $108 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,470/month

2 Days on Market

Highlights

  • Corner Lot
  • Attached Garage
  • Lap Siding

About This Home

As of December 2019

Fully rented triplex. 2 3/1.5 units & 1 2/1.5 unit all with 1 car garages. New roof in 2018. Great rental history!

Last Agent to Sell the Property

Chris Forrette

Coldwell Banker Mountain West License #990400134 Listed on: 11/30/2019

Coldwell Banker Mountain West

Last Buyer's Agent

Chris Forrette

Coldwell Banker Mountain West License #990400134 Listed on: 11/30/2019

Coldwell Banker Mountain West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,369

Year Built

  • Built in 1977

Lot Details

  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Lap Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,369

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3689
  • Stories: 2
  • Year Built: 1977
  • Remarks Public: Fully rented triplex. 2 3/1.5 units & 1 2/1.5 unit all with 1 car garages. New roof in 2018. Great rental history!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MACLEAY ESTATES NO 2, BLOCK 2, LOT 1 & FR 2, ACRES 0.26
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding, T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator

Schools

  • Elementary School: Miller
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Lot Description: Corner Lot
  • Zoning: RM

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4579.39
  • Assessor Parcel Number: R53744
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.44

MLS Schools

  • Elementary School: Miller
  • High School: North Salem
  • Middle School: Houck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Youmans Adrienne
Bought by
Alger Stephen R
Current Estimated Value
$738,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Outstanding Balance
$465,766
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
$232,573

Purchase Details

Listed on
Nov 30, 2019
Closed on
Dec 13, 2019
Sold by
Santino Michael B and Santino Maria Ann
Bought by
Youmans Thomas R
Seller's Agent
Chris Forrette
Coldwell Banker Mountain West
Buyer's Agent
Chris Forrette
Coldwell Banker Mountain West
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Mar 6, 2018
Sold by
Santino Michael B and Santino Marla Ann
Bought by
Mnm Property Investment Llc

Purchase Details

Closed on
May 31, 2005
Sold by
Aldrich Gerald R
Bought by
Santino Marla Ann and Santino Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,200
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 22, 2003
Sold by
Aldrich Pamela R
Bought by
Aldrich Gerald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.81%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Alger Stephen R $725,000 Fidelity National Title
Youmans Thomas R -- Amerititle
Mnm Property Investment Llc -- None Available
Santino Marla Ann $270,300 Fidelity Natl Title Co Of Or
Aldrich Gerald R -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alger Stephen R $710,000
Previous Owner Santino Marla Ann $216,200
Previous Owner Aldrich Gerald R $161,000
Closed Santino Marla Ann $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $400,000 -2.4% $108 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/30/2019 11/30/19 For Sale $409,900 -- $111 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,369 $319,520 -- --
2023 $5,086 $310,220 $0 $0
2022 $4,799 $301,190 $0 $0
2021 $4,754 $292,420 $0 $0
2020 $4,466 $283,910 $0 $0
2019 $4,502 $275,650 $0 $0
2018 $4,579 $0 $0 $0
2017 $3,770 $0 $0 $0
2016 $3,582 $0 $0 $0
2015 $3,559 $0 $0 $0
2014 $3,297 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Forrette

    Seller's Agent in 2019

    Chris Forrette

    Coldwell Banker Mountain West

    (503) 409-3542

    4 in this area

    376 Total Sales

    Chris Forrette
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19263898

Regional Multiple Listing Service (RMLS)

APN: 553744

Oregon Marion County Salem 97317

1074 46th Place SE Unit 1078, Salem, OR

This home is located at 1074 46th Place SE Unit 1078, Salem, OR 97317 since 30 November 2019 and is currently estimated at $738,361, approximately $200 per square foot. This property was built in 1977. 1074 46th Place SE Unit 1078 is a home located in Marion County with nearby schools including Miller Elementary School, Houck Middle School, and North Salem High School.

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