NOT LISTED FOR SALE

1185 18th St SE Unit 1195 Salem, OR 97302

Southeast Salem Neighborhood

Estimated Value: $355,058 - $435,000

4 Beds
2 Baths
1,675 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $386,000 $230 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,381/month

12 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of May 2022

Investment opportunity! Lots of potential with this duplex. Each side is 838 sq ft and has 2 bedroom an 1 bath. Live in one side and rent out the other. Cute brick exterior, charming wood floors, a carport with storage, and a nice-size yard. Convenient washer/dryer hookups in each unit. Located on a corner lot. Property is being sold "as-is"

Last Agent to Sell the Property

Dewey Whitton

The Salem Real Estate Group License #890200088 Listed on: 03/31/2022

Last Buyer's Agent

Orianna Wood

Realty One Group Prestige License #201227850

Realty One Group Prestige

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1958

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,832

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1675
  • Stories: 1
  • Year Built: 1958
  • Property Condition: Existing
  • Remarks Public: Investment opportunity! Lots of potential with this duplex. Each side is 838 sq ft and has 2 bedroom an 1 bath. Live in one side and rent out the other. Cute brick exterior, charming wood floors, a carport with storage, and a nice-size yard. Convenient washer/dryer hookups in each unit. Located on a corner lot. Property is being sold "as-is"
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LES LYN OAKS, BLOCK 2, LOT FR 8, ACRES 0.14

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Washer/Dryer Hookup

Schools

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

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: RM

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2596.00
  • Assessor Parcel Number: R81214
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 27.92

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2007
Sold by
Peth Debra
Bought by
Levias Elisa
Total Days on Market
12
Current Estimated Value
$394,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Outstanding Balance
$58,260
Interest Rate
6.29%
Mortgage Type
Negative Amortization
Estimated Equity
$337,297

Purchase Details

Closed on
Aug 28, 2003
Sold by
Miller Denny
Bought by
Peth Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2002
Sold by
Koenig Mary J
Bought by
Koenig Gerald J
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
Levias Elisa $145,000 Fidelity Natl Title Co Of Or
Peth Debra $115,900 Multiple
Koenig Gerald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levias Elisa $94,250
Previous Owner Peth Debra $92,700
Closed Peth Debra $23,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $386,000 +15.2% $230 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $335,000 -- $200 / 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 $2,832 $144,250 -- --
2023 $2,749 $140,050 $0 $0
2022 $2,592 $135,980 $0 $0
2021 $2,518 $132,020 $0 $0
2020 $2,520 $128,180 $0 $0
2019 $2,431 $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 $1,999 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dewey Whitton

    Seller's Agent in 2022

    Dewey Whitton

    The Salem Real Estate Group

    (503) 949-3623

    6 in this area

    394 Total Sales

    Dewey Whitton
    Section Image
  • Orianna Wood

    Buyer's Agent in 2022

    Orianna Wood

    Realty One Group Prestige

    (541) 797-4389

    1 in this area

    18 Total Sales

    Orianna Wood
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22341138

Regional Multiple Listing Service (RMLS)

APN: 581214

Oregon Marion County Salem 97302 Southeast Salem

1185 18th St SE Unit 1195, Salem, OR

This home is located at 1185 18th St SE Unit 1195, Salem, OR 97302 since 31 March 2022 and is currently estimated at $394,515, approximately $235 per square foot. This property was built in 1958. 1185 18th St SE Unit 1195 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes