NOT LISTED FOR SALE

1120 17th St SE Unit 1130 Salem, OR 97302

Southeast Salem Neighborhood

Estimated Value: $372,000 - $435,000

4 Beds
2 Baths
1,675 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $315,000 $188 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,410/month

1 Day on Market

Highlights

  • Views
  • Level Lot
  • 1-Story Property

About This Home

As of April 2021

Great investment potential. 1120 unit is vacant & ready to rent w/many recent updates. New interior paint, carpet & laminate floors thru out. Living room has tons natural light. Kitchen/dining combo with inside utility room. Long term tenants in 1130 unit. Fenced yard & covered carport for both units. DO NOT DISTURB TENANTS AT 1130 UNIT MAKE OFFERS SUBJECT TO INTERIOR INSPECTION. Please abide by CDC sanitary guidelines. Agents, if possible please use hand sanitizer before entering the property.

Last Agent to Sell the Property

Troy Morris

Excel Real Estate License #900600312 Listed on: 03/08/2021

Last Buyer's Agent

Rob Young

Legacy Realty Group License #871100150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1958

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Dishwasher

Parking

  • Carport
  • Open Parking

Additional Features

  • 1-Story Property
  • Level Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,832

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1675
  • Stories: 1
  • Year Built: 1958
  • Property Condition: Approximately
  • Remarks Public: Great investment potential. 1120 unit is vacant & ready to rent w/many recent updates. New interior paint, carpet & laminate floors thru out. Living room has tons natural light. Kitchen/dining combo with inside utility room. Long term tenants in 1130 unit. Fenced yard & covered carport for both units. DO NOT DISTURB TENANTS AT 1130 UNIT MAKE OFFERS SUBJECT TO INTERIOR INSPECTION. Please abide by CDC sanitary guidelines. Agents, if possible please use hand sanitizer before entering the property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LES LYN OAKS, BLOCK 2, LOT FR 1 & 2, ACRES 0.138
  • Basement: None
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: City, Territorial
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport, Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security: None

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RM2

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2444.41
  • Assessor Parcel Number: R81206
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Chase Debbie J
Bought by
Chase Debbie J and Hermens Damen Alan
Current Estimated Value
$397,128

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 14, 2021
Sold by
Thomas Twila R
Bought by
Chase Debbie J
Seller's Agent
Troy Morris
Excel Real Estate
Buyer's Agent
Rob Young
Legacy Realty Group
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$236,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Trt Investments Llc
Bought by
Thomas Twila R
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
Chase Debbie J -- Accommodation/Courtesy Recordi
Chase Debbie J $315,000 First American
Thomas Twila R -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chase Debbie J $236,250
Previous Owner Thomas Twila R $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $315,000 0.0% $188 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $315,000 -- $188 / 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 $2,832 $144,250 -- --
2023 $2,749 $140,050 $0 $0
2022 $2,592 $135,980 $0 $0
2021 $2,518 $132,020 $0 $0
2020 $2,520 $128,180 $0 $0
2019 $2,359 $124,450 $0 $0
2018 $2,400 $0 $0 $0
2017 $2,167 $0 $0 $0
2016 $2,064 $0 $0 $0
2015 $2,079 $0 $0 $0
2014 $2,007 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21216576

Regional Multiple Listing Service (RMLS)

APN: 581206