NOT LISTED FOR SALE

1120 14th (- 1130) St SE Salem, OR 97302

Southeast Salem Neighborhood
5 Beds
2 Baths
1,932 Sq Ft
5,096 Sq Ft Lot

Last Sold June 01, 2022

Last sale price $435,000 $225 Per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Lap Siding
  • Fenced Yard

About This Home

As of June 2022

Two homes, Live in one rent the other, great for second income!! Main home 3 bed 1 bath has partial original hardwoods and newer laminate wood flooring in great condition rents for 1,300, 2nd Home 2 bed 1 bath with a bonus rents for 1,200 both month to month, Remodel about 2 years ago with new water heaters, re-pipe, recess lights, interior doors, new kitchen in back unit, quartz countertops in the front. Appliances included inside washer/dryer hookups, private back yard, back unit w/ access in alley.

Last Agent to Sell the Property

Luis Serrano

MORE REALTY License #980400070 Listed on: 03/04/2022

MORE REALTY

Last Buyer's Agent

VIOLETA MARTINEZ VALDEZ

REALTY OF AMERICA, LLC License #201224466

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1940

Lot Details

  • 5,096 Sq Ft Lot
  • Fenced Yard

Home Design

  • 1,932 Sq Ft Home
  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Lap Siding

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Electric Range
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 11 / 2

Community Details

Overview

  • 2 Units
  • Oak Lodge Community

Building Details

  • Insurance Expense $175
  • Operating Expense $4,824
  • Net Operating Income $25,176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,729

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Range Facility: Electric
  • Syndicated Remarks: Two homes, Live in one rent the other, great for second income!! Main home 3 bed 1 bath has partial original hardwoods and newer laminate wood flooring in great condition rents for 1,300, 2nd Home 2 bed 1 bath with a bonus rents for 1,200 both month to month, Remodel about 2 years ago with new water heaters, re-pipe, recess lights, interior doors, new kitchen in back unit, quartz countertops in the front. Appliances included inside washer/dryer hookups, private back yard, back unit w/ access in alley.
  • Cross Street: Hines St
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Negotiable Inclusions: Lising Agent
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Wood
  • Total Bathrooms: 2
  • Price Per Sq Ft: 225.16
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 224.9

Exterior Features

  • Fenced Yard: Yes
  • Foundation: Pier
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Gas, Electric, Forced Air, Wall Furnace
  • Water: City
  • Water Heater: Electric
  • Insurance: 175
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.12
  • Estimated Lot Sq Ft: 5096
  • Lot: 11
  • Price Per Acre: 3620833.33
  • Zoning: RM
  • Property Name: Oak Lodge
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 4824

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R85071
  • Tax Account Number: R85071
  • Tax Amount: 2729

Multi Family

  • Net Income: 25176
  • Gross Sched Income: 30000
  • Number Of Units: 2

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

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $435,000 +0.1% $225 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $434,500 +114.6% $225 / Sq Ft
09/28/2018 09/28/18 Sold $202,500 -5.8% $120 / Sq Ft
07/31/2018 07/31/18 For Sale $214,900 -- $127 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Luis Serrano

    Seller's Agent in 2022

    Luis Serrano

    MORE REALTY

    (503) 449-8191

    2 in this area

    65 Total Sales

    Luis Serrano
    Section Image
  • VIOLETA MARTINEZ VALDEZ

    Buyer's Agent in 2022

    VIOLETA MARTINEZ VALDEZ

    REALTY OF AMERICA, LLC

    (503) 508-1202

    2 in this area

    83 Total Sales

    VIOLETA MARTINEZ VALDEZ
    Section Image
  • Vince Baker

    Seller's Agent in 2018

    Vince Baker

    WILLAMETTE MEADOW REAL ESTATE

    (503) 507-4248

    1 in this area

    6 Total Sales

    Vince Baker
    Section Image
  • ALI RASOULI

    Buyer's Agent in 2018

    ALI RASOULI

    MORE REALTY

    (503) 987-0082

    36 Total Sales

    ALI RASOULI
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 789383

Willamette Valley MLS
Oregon Marion County Salem 97302 Southeast Salem

1120 14th (- 1130) St SE, Salem, OR

This home is located at 1120 14th (- 1130) St SE, Salem, OR 97302 since 04 March 2022. This property was built in 1940. 1120 14th (- 1130) St SE is a home located in Marion County with nearby schools including Bush Elementary School, Leslie Middle School, and South 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.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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