NOT LISTED FOR SALE

1165 Mariel (1167) Place S Salem, OR 97306

Sunnyslope Neighborhood

Estimated Value: $560,000 - $713,000

6 Beds
5 Baths
2,576 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $615,000 $239 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,027/month

21 Days on Market

Highlights

  • Territorial View
  • Forced Air Heating and Cooling System
  • Lap Siding
  • 2 Car Attached Garage

About This Home

As of August 2023

Investor Alert! Perfect opportunity to own high end duplex in great South Salem neighborhood. 2017 built with 3 beds/ 2.5 baths 1288 sq. ft. and single car garage on each side. Finishes include quartz countertops, custom cabinets, LVP flooring, kitchen appliances included, washer and dryer hookups, AC, w/ fenced yards/patios. Private streets with custom lighting, oak trees and rain gardens.

Last Agent to Sell the Property

Brian Bemis

RE/MAX Integrity License #200603608 Listed on: 02/16/2023

Last Buyer's Agent

Mandy Davis

Diamond Realty Group Inc. License #201225877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,624

Year Built

  • Built in 2017

Lot Details

  • 4,356

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Schools

  • Liberty Elementary School
  • Crossler Middle School
  • Sprague High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection
  • Assessor Parcel Number 354856

Community Details

Building Details

  • Operating Expense $11,796
  • Gross Income $40,560
  • Net Operating Income $28,791

Additional Features

  • 2 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,624

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2017
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: Yes
  • Lot Features: Commons
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Liberty
  • High School: Sprague
  • Middle Or Junior School: Crossler

Lot Info

  • Zoning: RM1
  • Parcel #: 354856

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6623.97

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.41
  • Annual Gross Income: 40560.0
  • Property Net Operating Income: 28791.0
  • Annual Operating Expense: 11796.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Jul 31, 2023
Sold by
Dodge David
Bought by
Davis Toby
Seller's Agent
Brian Bemis
RE/MAX Integrity
Buyer's Agent
Mandy Davis
Diamond Realty Group Inc.
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Views
143
Current Estimated Value
$654,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,389
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
May 17, 2021
Sold by
Dostal Sylvia
Bought by
Dodge David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2020
Sold by
29 Oaks Llc
Bought by
Dostal Sylvia

Purchase Details

Closed on
Apr 29, 2020
Sold by
Martin Daniel and Martin Toni
Bought by
29 Oaks Llc

Purchase Details

Closed on
Feb 18, 2020
Sold by
29 Oaks Llc
Bought by
Martin Daniel and Martin Toni

Purchase Details

Closed on
Oct 31, 2018
Sold by
Martin Scott C and Martin Heather L
Bought by
29 Oaks Llc

Purchase Details

Closed on
Jul 24, 2018
Sold by
29 Oaks Llc
Bought by
Martin Scott C and Martin Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.6%
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 Buyer Sale Price Title Company
Davis Toby $615,000 First American Title
Dodge David $528,000 Fidelity Natl Ttl Co Of Or
Dodge David $528,000 Fidelity National Title
Dostal Sylvia $490,000 Fidelity National Title
29 Oaks Llc -- Fidelity Natl Ttl Co Of Or
Martin Daniel -- None Available
29 Oaks Llc -- Fidelity National Title
Martin Scott C -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dodge David $396,000
Previous Owner Martin Scott C $356,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2023 08/09/23 Sold $615,000 -1.6% $239 / Sq Ft
07/06/2023 07/06/23 For Sale $625,000 0.0% $243 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/07/2023 03/07/23 Price Changed $625,000 -1.6% $243 / Sq Ft
02/16/2023 02/16/23 For Sale $635,000 -- $247 / 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 $7,022 $357,620 -- --
2023 $6,815 $347,210 $0 $0
2022 $6,425 $337,100 $0 $0
2021 $6,242 $327,290 $0 $0
2020 $6,247 $317,760 $0 $0
2019 $5,847 $308,510 $0 $0
2018 $2,751 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Bemis

    Seller's Agent in 2023

    Brian Bemis

    RE/MAX

    (503) 559-9410

    10 in this area

    157 Total Sales

    Brian Bemis
    Section Image
  • Mandy Davis

    Buyer's Agent in 2023

    Mandy Davis

    Diamond Realty Group Inc.

    (503) 932-4846

    1 in this area

    11 Total Sales

    Mandy Davis
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23235623

Regional Multiple Listing Service (RMLS)

APN: 354856

Oregon Marion County Salem 97306 Sunnyslope

1165 Mariel (1167) Place S, Salem, OR

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