NOT LISTED FOR SALE

1173 15th St SE Salem, OR 97302

Southeast Salem Neighborhood

Estimated Value: $271,000 - $315,000

2 Beds
1 Bath
749 Sq Ft
$390/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $240,000 $320 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,682/month

7 Days on Market

Highlights

  • Mud Room
  • Covered Deck
  • High Speed Internet
  • First Floor Utility Room
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of March 2021

Cozy cottage in Salem! Nicely updated kitchen with butcher block counter tops, soft close cabinets and drawers, stainless steel appliances, and a gas range. Roof, exterior and interior paint, vinyl floor all new within the last twoyears. New on demand, gas hot water heater installed in the last year. Within walking distance to Bush Park, the hospital and downtown. Perfect for an investment property or first time home! Additional photos coming soon.

Last Agent to Sell the Property

Jake Zach

HYBRID REAL ESTATE License #201218141 Listed on: 01/25/2021

HYBRID REAL ESTATE

Last Buyer's Agent

Savannah Waters

PARAMOUNT REAL ESTATE SERVICES License #201210064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,289

Year Built

  • Built in 1924

Lot Details

  • 5,880 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 749 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • First Floor Utility Room
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Covered Deck
  • Flood Zone Lot

Listing and Financial Details

  • Legal Lot and Block 5 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,289

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Cozy cottage in Salem! Nicely updated kitchen with butcher block counter tops, soft close cabinets and drawers, stainless steel appliances, and a gas range. Roof, exterior and interior paint, vinyl floor all new within the last two years. New on demand, gas hot water heater installed in the last year. Within walking distance to Bush Park, the hospital and downtown. Perfect for an investment property or first time home! Additional photos coming soon.
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Negotiable Inclusions: Refrigerator, Gas range, dishwasher, w/d
  • Flooring: Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 320.43
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 306.94

Exterior Features

  • Patio: Covered Deck
  • Exterior Color: Grey
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Wood

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Electric
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5880
  • Flood Plain: Yes
  • Lot: 5
  • Lot Type: Dimension Above
  • Price Per Acre: 1768461.54
  • Zoning: Res
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Account Number: R850656
  • Tax Amount: 1289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Mar 22, 2021
Sold by
Meyerhofer Seth Shane and Meyerhofer Marie Meili
Bought by
Plummer Ian H
Seller's Agent
Jake Zach
HYBRID REAL ESTATE
Buyer's Agent
Savannah Waters
PARAMOUNT REAL ESTATE SERVICES
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Current Estimated Value
$291,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,773
Avg. Annual Appreciation
4.40%
Original Mortgage
$228,000
Outstanding Balance
$205,312
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$86,461

Purchase Details

Closed on
Feb 5, 2020
Sold by
Jjsd Investments Llc
Bought by
Meyerhofer Seth Shane and Meyerhofer Maria Mei Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
3.74%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 14, 2018
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Jjsd Investments Llc
Seller's Agent
John Kennedy
WINDERMERE MID VALLEY
Buyer's Agent
JORGE SALMERON
EXP REALTY/ALBANY BRANCH
List Price
$114,900
Sold Price
$122,500
Premium/Discount to List
$7,600
6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%
Original Mortgage
$128,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2018
Sold by
Myers Jason
Bought by
Wilmington Savings Fund Society and Christiana Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2017
Sold by
Beebe William A
Bought by
Wilmongton Savigs Fund Society Fsb and Christina Trust

Purchase Details

Closed on
Apr 28, 2008
Sold by
Beebe William A
Bought by
Beebe William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
5.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 29, 2001
Sold by
Campbell Michael G and Campbell Mandy E
Bought by
Mel Free Enterprises Joint Venture
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
Plummer Ian H $240,000 Fidelity National Title
Meyerhofer Seth Shane $205,000 First American
Jjsd Investments Llc $122,500 Amerititle
Wilmington Savings Fund Society $92,000 None Available
Wilmongton Savigs Fund Society Fsb -- None Available
Beebe William A -- Lawyers Title Ins
Mel Free Enterprises Joint Venture -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plummer Ian H $228,000
Previous Owner Meyerhofer Seth Shane $201,286
Previous Owner Jjsd Investments Llc $128,000
Previous Owner Beebe William A $101,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $240,000 +4.4% $320 / Sq Ft
01/25/2021 01/25/21 For Sale $229,900 +87.7% $307 / Sq Ft
05/18/2018 05/18/18 Sold $122,500 +6.6% $164 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $114,900 -- $153 / 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 $1,623 $82,650 -- --
2023 $1,575 $80,250 $0 $0
2022 $1,485 $77,920 $0 $0
2021 $1,443 $75,660 $0 $0
2020 $1,288 $65,520 $0 $0
2019 $1,206 $63,620 $0 $0
2018 $1,227 $0 $0 $0
2017 $1,108 $0 $0 $0
2016 $1,055 $0 $0 $0
2015 $1,063 $0 $0 $0
2014 $1,029 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake Zach

    Seller's Agent in 2021

    Jake Zach

    HYBRID REAL ESTATE

    (541) 216-0695

    1 in this area

    23 Total Sales

    Jake Zach
    Section Image
  • Savannah Waters

    Buyer's Agent in 2021

    Savannah Waters

    PARAMOUNT REAL ESTATE SERVICES

    (503) 551-6699

    1 in this area

    79 Total Sales

    Savannah Waters
    Section Image

  • J

    Seller's Agent in 2018

    John Kennedy

    WINDERMERE MID VALLEY

  • R

    Seller Co-Listing Agent in 2018

    Rae Wilde

    WINDERMERE MID VALLEY

    Section Image

  • J

    Buyer's Agent in 2018

    JORGE SALMERON

    EXP REALTY/ALBANY BRANCH

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 773073

Willamette Valley MLS

APN: 585065

Oregon Marion County Salem 97302 Southeast Salem

1173 15th St SE, Salem, OR

This home is located at 1173 15th St SE, Salem, OR 97302 since 25 January 2021 and is currently estimated at $291,773, approximately $389 per square foot. This property was built in 1924. 1173 15th St SE 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

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