NOT LISTED FOR SALE

Estimated Value: $858,000 - $893,000

5 Beds
3 Baths
2,181 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $667,100 $306 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,388/month

7 Days on Market

About This Home

As of May 2021

Here is a GREAT investment opportunity in a convenient South Salem location! This property offers three units - which include 2 One-bedroom units on the first floor and the third unit occupies the entire second floor with three bedrooms. Features include mostly new windows, updated baths, hardwood floors on the first level, 8 yr old Roof, 5 yr old water heaters with 15 yr warranty, Full basement, Separate entrances and utilities (except water/sewer) for all units - all electric. Low maintenance vinyl exterior, driveway recently paved and long-term tenants in place! This is a Super chance to get into the market with help from rental income - showings are limited, so call today to schedule!!

Last Agent to Sell the Property

Pam McKee

Keller Williams Realty Evolution Listed on: 03/23/2021

Keller Williams Realty Evolution

Last Buyer's Agent

Pam McKee

Keller Williams Realty Evolution Listed on: 03/23/2021

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,732

Year Built

  • Built in 1965

Lot Details

  • 4,792

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Electric Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,732

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 2606
  • Year Built Description: Actual
  • List Price Per Sq Ft: 274.64
  • Comp Based On: Net Sale Price
  • Year Built: 1965
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Total Flrs: 4
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C95098
  • Main So: C95098
  • Estimated Sq Ft: 2181.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 130
  • Electric Features: Circuit Breakers
  • Hot Water: Electric
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping

Lot Info

  • Assessments: 470400.00
  • Acre: 0.11
  • Lot Size: 4901.00
  • Page: 176
  • Zoning: r2
  • Lot Description: Fenced/Enclosed

Green Features

  • Energy Features: Insulated Windows, Varies per Unit

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 3044
  • Total Rms: 11
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6491.52
  • Assessor Parcel Number: 2134550
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Hanna David A and Hanna Laurie
Bought by
David A Hanna Lt
Current Estimated Value
$866,477

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 14, 2021
Sold by
Allen Sam and Flynn James D
Bought by
Hanna David A and Hanna Laurie L
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Pam McKee
Keller Williams Realty Evolution
List Price
$599,000
Sold Price
$667,100
Premium/Discount to List
$68,100
11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$500,250
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1994
Sold by
Glidden Roland W and Oconnell Patrick
Bought by
Flynn James D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
David A Hanna Lt -- None Available
Hanna David A $667,100 None Available
Flynn James D $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanna David A $500,250
Previous Owner Flynn James D $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $667,100 +11.4% $306 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $599,000 -- $275 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $7,732 $681,800 $170,600 $511,200
2024 $7,423 $638,800 $161,600 $477,200
2023 $7,290 $582,700 $149,600 $433,100
2022 $7,007 $528,800 $140,600 $388,200
2021 $6,492 $470,400 $140,600 $329,800
2020 $5,948 $411,600 $121,500 $290,100
2019 $5,909 $391,300 $115,500 $275,800
2018 $5,498 $357,500 $110,100 $247,400
2017 $5,121 $322,900 $89,800 $233,100
2016 $4,985 $318,100 $85,000 $233,100
2015 $4,920 $299,800 $76,600 $223,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72802462

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000030