NOT LISTED FOR SALE

1183 Church St NE Unit 1185 Salem, OR 97301

Grant Neighborhood

Estimated Value: $380,346 - $466,000

4 Beds
3 Baths
1,726 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $353,900 $205 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,447/month

212 Days on Market

About This Home

As of November 2020

Fully occupied Triplex in downtown Salem with great rental history! Built in 1900 with great curb appeal, just two blocks from Grant Elementary and a short distanceto both Willamette University & Salem Hospital. Very centrally located just a short walk to downtown,Riverfront Park & West Salem foot bridge. Quick commute to I-5 and West Salem. Slightly under market rents and ability to add value with on-site laundry improvements. Owner pays w/s/g & yard maintenance.Write offers subject to view.

Last Agent to Sell the Property

Gabe Johansen

SMI Commercial Real Estate LLC License #201202003 Listed on: 04/08/2020

SMI Commercial Real Estate LLC

Last Buyer's Agent

Nicole Shuba

Manor Realty License #200508130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1900

Lot Details

  • 6,534

Additional Features

  • 2-Story Property
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,101

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1726
  • Stories: 2
  • Year Built: 1900
  • Remarks Public: Fully occupied Triplex in downtown Salem with great rental history! Built in 1900 with great curb appeal, just two blocks from Grant Elementary and a short distanceto both Willamette University & Salem Hospital. Very centrally located just a short walk to downtown,Riverfront Park & West Salem foot bridge. Quick commute to I-5 and West Salem. Slightly under market rents and ability to add value with on-site laundry improvements. Owner pays w/s/g & yard maintenance.Write offers subject to view.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: NORTH SALEM ADD SALEM FR LOTS 1 & 2 BLK 4

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Zoning: RS
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 1749.61
  • Assessor Parcel Number: R84301
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Grant
  • High School: North Salem
  • Middle School: Parrish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2008
Sold by
Land On Location Llc
Bought by
Damewood Family Lp
Current Estimated Value
$414,989

Purchase Details

Closed on
Sep 7, 2006
Sold by
Brown Lorne A
Bought by
Land On Location Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2005
Sold by
Newton Tamara L
Bought by
Kaya Andrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.02%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Damewood Family Lp $212,000 None Available
Land On Location Llc -- First American
Brown Lorne A $222,000 First American
Kaya Andrey $80,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Lorne A $200,000
Previous Owner Kaya Andrey $168,000
Previous Owner Kaya Andrey $21,000
Previous Owner Kaya Andre $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $353,900 0.0% $205 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
09/18/2020 09/18/20 Off Market $353,900 -- --
06/03/2020 06/03/20 Price Changed $360,000 -4.0% $209 / Sq Ft
04/08/2020 04/08/20 For Sale $374,900 -- $217 / 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 $2,101 $106,990 -- --
2023 $2,039 $103,880 $0 $0
2022 $1,982 $100,860 $0 $0
2021 $1,925 $97,930 $0 $0
2020 $1,869 $95,080 $0 $0
2019 $1,750 $92,320 $0 $0
2018 $1,781 $0 $0 $0
2017 $1,607 $0 $0 $0
2016 $1,531 $0 $0 $0
2015 $1,542 $0 $0 $0
2014 $1,493 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gabe Johansen

    Seller's Agent in 2020

    Gabe Johansen

    SMI Commercial Real Estate LLC

    (503) 851-0048

    2 in this area

    90 Total Sales

    Section Image
  • Nicole Shuba

    Buyer's Agent in 2020

    Nicole Shuba

    Manor Realty

    (503) 949-6616

    2 in this area

    188 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20058116

Regional Multiple Listing Service (RMLS)

APN: 584301

Oregon Marion County Salem 97301 Grant

1183 Church St NE Unit 1185, Salem, OR

This home is located at 1183 Church St NE Unit 1185, Salem, OR 97301 since 08 April 2020 and is currently estimated at $427,587, approximately $247 per square foot. This property was built in 1900. 1183 Church St NE Unit 1185 is a home located in Marion County with nearby schools including Grant Community School, Parrish Middle School, and North Salem High School.

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