Great investment opportunity! Nice duplex, completely rebuilt from the foundation up in 2014. A/C in both units. Landlord pays water/sewer. Subject to existing to leases.
HomeSmart Realty GroupLicense #200707065Listed on: 07/19/2018
Last Buyer's Agent
Arlo Jean Stoll
Savi Realty, Inc.License #201218979
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,786
Year Built
Built in 2014
Lot Details
7,841
Parking
Attached Garage
Kitchen
Range
Dishwasher
Disposal
Additional Features
1-Story Property
Cul-De-Sac
Heating System Uses Gas
Community Details
2 Units
Listing and Financial Details
Rent includes sewer, water
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,786
Year Built
Built in 2014
Lot Details
0
Listing Details
Status: Sold
Property Category: Multi Family
Sq Ft Approximate Building Total: 2127
Stories: 1
Year Built: 2014
Remarks Public: Great investment opportunity! Nice duplex, completely rebuilt from the foundation up in 2014. A/C in both units. Landlord pays water/sewer. Subject to existing to leases.
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: MACLEAY ESTATES NO 1, BLOCK 1, LOT 5, ACRES 0.18
Exterior Features
Lot Size: 7,000 to 9,999 SqFt
Garage/Parking
Parking Description: Attached
Utilities
Fuel Description: Gas
Sewer: Public Sewer
Water Description: Public
Cooling Description: Central Air
Heating Description: Forced Air
Condo/Co-op/Association
Unit Features: Dishwasher, Disposal, Range, Refrigerator
Lot Info
Lot Description: Cul-de-sac
Zoning: RM
Rental Info
Rent Includes: Sewer, Water
Tax Info
Tax Amount: 2689.81
Assessor Parcel Number: R53729
Tax Year: 2017
Multi Family
Unit Type: 1, 2
Number Of Units Total: 2
Gross Rent Multiplier: 13.75
Ownership History
DateNameOwned ForOwner Type
Aug 2018 - PresentColgan Russell A and Colgan Taarma L6 Years and 10 Months
Private Individual
Purchase Details
Listed on
Jul 19, 2018
Closed on
Aug 24, 2018
Sold by
Griffith Thomas G
Bought by
Colgan Russell A and Colgan Taarma L
Seller's Agent
Trudi Schmidt
HomeSmart Realty Group
Buyer's Agent
Arlo Jean Stoll
Savi Realty, Inc.
List Price
$424,900
Sold Price
$414,650
Premium/Discount to List
-$10,250
-2.41%
Total Days on Market
5
Current Estimated Value
$485,186
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,536
Avg. Annual Appreciation
2.23%
Original Mortgage
$93,866
Interest Rate
4.5%
Mortgage Type
New Conventional
May 2016 - Aug 2018Griffith Thomas G and Thomas G Griffith Trust2 Years and 3 Months
Private Individual
Purchase Details
Closed on
May 13, 2016
Sold by
Griffith Thomas G
Bought by
Griffith Thomas G and Thomas G Griffith Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,588
Interest Rate
3.71%
Mortgage Type
New Conventional
Apr 2008 - May 2016Griffith Thomas G and Griffith Leslie S8 Years and 1 Month
Private Individual
Purchase Details
Closed on
Apr 23, 2008
Sold by
Griffith Thomas G
Bought by
Griffith Thomas G and Griffith Leslie S
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
6.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Apr 2008 - Apr 2008Griffith Thomas GLess than a month
Private Individual
Purchase Details
Closed on
Apr 22, 2008
Sold by
Griffith Thomas G and Griffith Leslie S
Bought by
Griffith Thomas G
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
6.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Nov 2003 - Apr 2008Griffith Thomas G4 Years and 5 Months
Private Individual
Purchase Details
Closed on
Nov 25, 2003
Sold by
Freres Thomas Joan Morgan and Freres Moran Julie Kay
Bought by
Griffith Thomas G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Nice duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. This is a great opportunity for someone needing dual living or for someone that wants to live in one side. Seller is a licensed real estate
Nice Duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. Great opportunity for someone that wants to live in one side. Seller is a licensed real estate broker in the State of Oregon. Buyer
Accepted Offer with Contingencies. Great income property! Conveniently located 4-plex with long term tenants. featuring updated units exterior paint, new lifetime metal roof. Property has off street parking. Basement set up for coin-op laundry on its own meter. Buyer to due their own due diligence on other possible uses. 3 units on 1 year leases 1 unit on month to month.
Accepted Offer with Contingencies. Large single level duplex with garages close to Chemeketa Community College. Close proximity to Lancaster which provides tenants easy access to transportation and shopping. Please DO NOT disturb the tenants. Showings with accepted offer to purchase. Tenants pay garbage, gas, electricity and yard care. Additional photos available upon request.
Accepted Offer with Contingencies. Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding and exterior paint. Newer roof and some windows. The 2-bedroom cottage at 645 E St has a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each
Accepted Offer with Contingencies. Large single level duplex with garages close to Chemeketa Community College. Close proximity to Lancaster which provides tenants easy access to transportation and shopping. Please DO NOT disturb the tenants. Showings with accepted offer to purchase. Tenants pay garbage, gas, electricity and yard care. Additional photos available upon request.
Solid investment opportunity! 3 bed / 1.5 bath townhouse style duplex located on a cul-de-sac, close to I-5. Property sits between Silverton Road and Portland Road which provides tenants with easy access to transportation and shopping. Please do not disturb the tenants. Showing upon accepted offer to purchase.
Accepted Offer with Contingencies. Solid investment opportunity. 3 bed / 2.5 bath townhouse style duplex located on a cul-de-sac close to I-5 exit. Property sits between Silverton and Portland Roads which provides tenants easy access to transportation and shopping. Please DO NOT disturb the tenants. Showings with accepted offer to purchase. Tenants pay garbage, gas, electricity and yard care.
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
Colgan Russell A
--
First American Title
Griffith Thomas G
--
Ticor Title
Griffith Thomas G
--
Ticor Title
Griffith Thomas G
--
None Available
Griffith Thomas G
--
Fidelity National Title Co
Griffith Thomas G
$163,000
Amerititle
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Closed
Colgan Russell A
$93,866
Previous Owner
Griffith Thomas G
$147,588
Previous Owner
Griffith Thomas G
$161,000
Previous Owner
Griffith Thomas G
$130,400
Closed
Griffith Thomas G
$32,600
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
08/24/201808/24/18
Sold
$414,650
-2.4%
$195 / Sq Ft
07/24/201807/24/18
Pending
--
--
--
07/19/201807/19/18
For Sale
$424,900
--
$200 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1085 Raffon Ct SE Unit 1087, Salem, OR 97317 since 19 July 2018 and is currently estimated at $485,186, approximately $228 per square foot. This property was built in 2014. 1085 Raffon Ct SE Unit 1087 is a home located in Marion County with nearby schools including Miller Elementary School, Houck Middle School, and North Salem High School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
