NOT LISTED FOR SALE

1158 16th St SE Unit 1168 Salem, OR 97302

Southeast Salem Neighborhood

Estimated Value: $387,000 - $438,000

4 Beds
2 Baths
1,675 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $279,900 $167 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,382/month

About This Home

As of January 2020

Updated SE Salem duplex centrally located with great access to Willamette University & I-5. Both units are 2 bed, 1 bath with laundry rooms, new kitchens & bathrooms. Improvements include tile backsplash in kitchens, counter tops, SS appliances, flooring, interior & exterior paint, tile showers, bathtubs, plumbing fixtures & a newer roof. Attached carport with 1 car capacity for each unit along with storage closet. Great investment opportunity!

Last Agent to Sell the Property

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 11/01/2019

Last Buyer's Agent

Patrick Mulhern Team

SMI REAL ESTATE License #201216883

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1958

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 100x65

Home Design

  • 1,675 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Dishwasher
  • Washer and Dryer Hookup

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 4 / 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,431

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Syndicated Remarks: Updated SE Salem duplex centrally located with great access to Willamette University & I-5. Both units are 2 bed, 1 bath with laundry rooms, new kitchens & bathrooms. Improvements include tile backsplash in kitchens, counter tops, SS appliances, flooring, interior & exterior paint, tile showers, bathtubs, plumbing fixtures & a newer roof. Attached carport with 1 car capacity for each unit along with storage closet. Great investment opportunity!
  • Cross Street: Hines St. SE
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 167.1
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 167.1

Exterior Features

  • Siding: Brick

Utilities

  • Heating: Electric, Baseboard
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.15
  • Estimated Lot Dimensions: 100x65
  • Estimated Lot Sq Ft: 6500
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 1866000
  • Zoning: RM2
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R81199
  • Tax Account Number: R81199
  • Tax Amount: 2431

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 18, 2019
Sold by
Champery Rental Reo Llc
Bought by
Snodgrass John
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
Patrick Mulhern Team
SMI REAL ESTATE
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$404,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,705
Avg. Annual Appreciation
6.55%
Original Mortgage
$251,100
Outstanding Balance
$225,651
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$176,121

Purchase Details

Closed on
Jul 17, 2019
Sold by
Hollyvale Rental Holdings Llc
Bought by
Champery Rental Reo Llc

Purchase Details

Closed on
Mar 15, 2019
Sold by
Mission Rentals
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Feb 4, 2018
Sold by
Betty Kronbuegel Llc
Bought by
Rentals Mission

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,700
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2017
Sold by
Kronbuegel Betty
Bought by
Betty Kronbuegel Llc

Purchase Details

Closed on
Jul 22, 2015
Sold by
Paperboy Properties Llc
Bought by
Kronbuegel Betty

Purchase Details

Closed on
Feb 23, 2009
Sold by
Young Elmer J and Young Darlene M
Bought by
Young Elmer J and Young Darlene M

Purchase Details

Closed on
Apr 7, 1989
Sold by
Vanorman William T and Vanorman Betty Jo
Bought by
Young Elmer J and Young Darlene M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Snodgrass John $279,900 Fidelity Natl Ttl Co Of Or
Champery Rental Reo Llc -- None Available
Hollyvale Rental Holdings Llc $144,000 None Available
Rentals Mission $112,000 Amerititle
Betty Kronbuegel Llc -- None Available
Kronbuegel Betty -- Amerititle
Young Elmer J -- None Available
Young Elmer J $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snodgrass John $251,100
Previous Owner Rentals Mission $111,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $279,900 0.0% $167 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $279,900 0.0% $167 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $279,900 +160.4% $167 / Sq Ft
02/27/2015 02/27/15 Sold $107,500 -2.2% $64 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $109,900 -- $66 / 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 $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 $2,444 $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 $2,002 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gladys Blum

    Seller's Agent in 2020

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    3 in this area

    736 Total Sales

    Gladys Blum
    Section Image
  • Patrick Mulhern Team

    Buyer's Agent in 2020

    Patrick Mulhern Team

    SMI REAL ESTATE

    (503) 871-6254

    25 Total Sales

    Patrick Mulhern Team
    Section Image
  • Sandi Hunsaker

    Seller's Agent in 2015

    Sandi Hunsaker

    BHHS Oregon- Professionals

    (503) 881-5226

    201 Total Sales

    Sandi Hunsaker
    Section Image

  • B

    Buyer's Agent in 2015

    Brenda Alfono

    VALLEY REAL ESTATE SERVICES, LLC.

    (503) 910-4988

    3 in this area

    8 Total Sales

    Brenda Alfono
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 756925

Willamette Valley MLS

APN: 581199

Oregon Marion County Salem 97302 Southeast Salem

1158 16th St SE Unit 1168, Salem, OR

This home is located at 1158 16th St SE Unit 1168, Salem, OR 97302 since 01 November 2019 and is currently estimated at $404,605, approximately $241 per square foot. This property was built in 1958. 1158 16th St SE Unit 1168 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

Nearby Homes