$40,210
SOLD MAY 21, 2012
2 Beds
1 Bath
893 Sq Ft
5,500 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

35% Below List Price

76 Days on Market

Highlights

  • First Floor Utility Room
  • Tile Flooring
  • 1-Story Property
  • Fenced Yard
  • Zoned Cooling
  • Landscaped

About This Home

As of November 2021

This home is located at 1125 16th St SE Unit 7, Salem, OR 97302 and is currently priced at $40,210, approximately $45 per square foot. This property was built in 1910. 1125 16th St SE Unit 7 is a home located in Marion County with nearby schools including Bush Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

John Kennedy

WINDERMERE MID VALLEY License #890600006 Listed on: 02/08/2012

Co-Listed By

RAE WILDE

WINDERMERE MID VALLEY License #980800001

Last Buyer's Agent

Greg Gysin

GYSIN REALTY GROUP LLC License #861200070

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 55x100
  • Fenced Yard
  • Landscaped
  • Property is zoned RM

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 893 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Gas Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Zoned Cooling
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 2

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Perfect for investment. Great opportunity to add to your portfolio. This home features extensive use of tile flooring for easy maintenance, nicely maintained bathroom. Parking access from alley or park on street. CASH TRANSACTIONS ONLY.
  • Cross Street: Hines
  • Year Built: 1910
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 9.10x10.4, On Level: 1/Main
  • Bedroom 2: Dimensions: 9.10x10, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 9x13, On Level: 1/Main
  • Living Room: Dimensions: 12x13, On Level: 1/Main
  • Kitchen: Dimensions: 8x13, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 45.03
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 35.83

Exterior Features

  • Exterior Color: grey
  • Fenced Yard: Yes
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Electric, Zonal
  • High Speed Comm Access: Unknown
  • Water: Connected, City
  • Water Heater: Gas

Condo/Co-op/Association

  • Homeowners Assn: Association With No Fee

Schools

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

Lot Info

  • Acres: 0.13
  • Estimated Lot Dimensions: 55x100
  • Estimated Lot Sq Ft: 5500
  • Flood Plain: Unknown
  • Lot: 3
  • Lot Type: Dimension Above
  • Price Per Acre: 246153.85
  • Zoning: RM
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2011-12
  • Tax Account Number: R85075
  • Tax Amount: 1054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Nov 2, 2021
Sold by
Anderson Kristen A
Bought by
Carmichael Jackie and Carmichael King Lisa
Seller's Agent
SEAN NIKAS
BUSY BEES TEAM
Buyer's Agent
Daniel Chin
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%
Current Estimated Value
$303,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,248
Avg. Annual Appreciation
1.91%
Original Mortgage
$265,109
Outstanding Balance
$245,127
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$44,799

Purchase Details

Closed on
Feb 28, 2020
Sold by
Rln Property Llc
Bought by
Ewcomer Russell Alan and Russell Alan Newcomer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,317
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 10, 2012
Closed on
Feb 14, 2013
Sold by
Blaylock Tom
Bought by
Anderson Kristen N
Seller's Agent
Greg & Judy Gysin
PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM
Buyer's Agent
KATHERINE MERCER
HOMESMART REALTY GROUP
List Price
$87,500
Sold Price
$79,000
Premium/Discount to List
-$8,500
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$74,623
Interest Rate
3.29%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 8, 2012
Closed on
May 11, 2012
Sold by
The Bank Of New York Mellon
Bought by
Blaylock Tom
Seller's Agent
John Kennedy
WINDERMERE MID VALLEY
Buyer's Agent
Greg Gysin
GYSIN REALTY GROUP LLC
List Price
$61,900
Sold Price
$40,210
Premium/Discount to List
-$21,690
-35.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
149.08%

Purchase Details

Closed on
Dec 19, 2011
Sold by
Ramirez Gustavo
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 6, 2005
Sold by
Gallardo Martha
Bought by
Ramirez Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.35%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $270,000 Ticor Title
Warranty Deed -- None Available
Warranty Deed $76,000 Fidelity Natl Title Co Of Or
Special Warranty Deed $40,210 Fidelity Natl Title Co Of Or
Trustee Deed $58,500 None Available
Warranty Deed $100,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,109 FHA
Previous Owner $151,317 FHA
Previous Owner $152,625 FHA
Previous Owner $74,623 FHA
Previous Owner $80,000 New Conventional
Closed $20,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $270,000 -6.6% $198 / Sq Ft
09/24/2021 09/24/21 For Sale $289,000 +265.8% $212 / Sq Ft
02/15/2013 02/15/13 Sold $79,000 -9.7% $72 / Sq Ft
01/01/2013 01/01/13 Pending -- -- --
08/10/2012 08/10/12 For Sale $87,500 +117.6% $80 / Sq Ft
05/21/2012 05/21/12 Sold $40,210 -35.0% $45 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $61,900 -- $69 / Sq Ft
Source: Willamette Valley MLS

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 $1,622 $82,630 -- --
2023 $1,575 $80,230 $0 $0
2022 $1,485 $77,900 $0 $0
2021 $1,443 $75,640 $0 $0
2020 $1,444 $73,440 $0 $0
2019 $1,393 $71,310 $0 $0
2018 $1,375 $0 $0 $0
2017 $1,242 $0 $0 $0
2016 $1,183 $0 $0 $0
2015 $1,192 $0 $0 $0
2014 $1,153 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 649101

Willamette Valley MLS

APN: 585075