NOT LISTED FOR SALE

1131 2nd St NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $668,000 - $732,000

9 Beds
4.5 Baths
3,950 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 03, 2019

Last sale price $445,400 $113 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,374/month

4 Days on Market

Highlights

  • Deck
  • Zoned Heating
  • Dining Area
  • Territorial View
  • Landscaped
  • Partially Fenced Property

About This Home

As of January 2019

Great West Salem investment property. Duplex plus single house. Each unit has 3 bedrooms, 1.5 baths, single car garage. Convenient location near Edgewater Dr. All are 2 story units. Very livable.

Last Agent to Sell the Property

Eileen Slezak

REALTY ONE GROUP WILLAMETTE VALLEY License #981100058 Listed on: 11/01/2018

REALTY ONE GROUP WILLAMETTE VALLEY

Last Buyer's Agent

Eileen Slezak

REALTY ONE GROUP WILLAMETTE VALLEY License #981100058 Listed on: 11/01/2018

REALTY ONE GROUP WILLAMETTE VALLEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,130

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Triplex
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 3,950 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4.5 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Zoned Heating
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: All tenants' personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,130

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Range Facility: Electric
  • Syndicated Remarks: Great West Salem investment property. Duplex plus single house. Each unit has 3 bedrooms, 1.5 baths, single car garage. Convenient location near Edgewater Dr. All are 2 story units. Very livable.
  • Cross Street: McNary/Edgewater
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: All tenants' personal property.
  • Negotiable Inclusions: Range, refrigerator.
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 4.5
  • Total Bedrooms: 9
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 112.76
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 113.92

Exterior Features

  • Patio: Deck
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Electric, Zonal
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Harritt
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.17
  • Price Per Acre: 2647058.82
  • Zoning: ESMU
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 259244
  • Tax Amount: 6130

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jan 22, 2019
Sold by
Zhang Dan
Bought by
Evergreen Affordable Housing Llc
Seller's Agent
Eileen Slezak
REALTY ONE GROUP WILLAMETTE VALLEY
Buyer's Agent
Eileen Slezak
REALTY ONE GROUP WILLAMETTE VALLEY
List Price
$450,000
Sold Price
$445,400
Premium/Discount to List
-$4,600
-1.02%
Current Estimated Value
$710,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,886
Avg. Annual Appreciation
7.18%
Original Mortgage
$334,050
Outstanding Balance
$296,018
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$414,268

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jan 2, 2019
Sold by
Boersma George L and Dejager Kevin
Bought by
Zhang Dan
Seller's Agent
Eileen Slezak
REALTY ONE GROUP WILLAMETTE VALLEY
Buyer's Agent
Eileen Slezak
REALTY ONE GROUP WILLAMETTE VALLEY
List Price
$450,000
Sold Price
$445,400
Premium/Discount to List
-$4,600
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,050
Outstanding Balance
$296,018
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$414,268

Purchase Details

Closed on
Apr 3, 2015
Sold by
Ulm Sharn R and Ulm Lori L
Bought by
Boersma George L and Dejager Kevin
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Evergreen Affordable Housing Llc -- None Available
Zhang Dan $445,400 Fidelity National Title
Boersma George L -- Fidelity National Title
Boersma George L $315,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Dan $334,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2019 01/03/19 Sold $445,400 -1.0% $113 / Sq Ft
11/01/2018 11/01/18 For Sale $450,000 -- $114 / 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
2025 $7,290 $398,430 $75,290 $323,140
2024 $7,290 $386,830 $73,100 $313,730
2023 $7,078 $375,570 $70,970 $304,600
2022 $6,852 $364,640 $68,900 $295,740
2021 $6,656 $354,020 $66,900 $287,120
2020 $6,459 $343,710 $64,950 $278,760
2019 $6,233 $333,700 $63,060 $270,640
2018 $6,130 $323,990 $61,220 $262,770
2017 $5,524 $314,560 $59,430 $255,130
2016 $5,392 $305,400 $57,700 $247,700
2015 -- $296,510 $56,020 $240,490
Source: Public Records

Agents Affiliated with this Home

  • Eileen Slezak

    Seller's Agent in 2019

    Eileen Slezak

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 510-9539

    15 in this area

    39 Total Sales

    Eileen Slezak
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Map

Source: Willamette Valley MLS

MLS Number: 741188

Willamette Valley MLS

APN: 259244

Oregon Polk County Salem 97304 West Salem

1131 2nd St NW, Salem, OR

This home is located at 1131 2nd St NW, Salem, OR 97304 since 01 November 2018 and is currently estimated at $710,286, approximately $179 per square foot. This property was built in 2005. 1131 2nd St NW is a home located in Polk County with nearby schools including Harritt Elementary School, Walker Middle School, and West 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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