NOT LISTED FOR SALE

1197 Hood St NE Unit 1199 Salem, OR 97301

Grant Neighborhood

Estimated Value: $488,000 - $561,000

6 Beds
4 Baths
2,560 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $505,000 $197 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,263/month

25 Days on Market

About This Home

As of July 2022

Solid investment property. 2 units - 3 bdrm/1.5 bath each side, both units have w/d hookup inside, attached single car garage, and back deck. Built in 2004. Has been professionally managed and well taken care of.

Last Agent to Sell the Property

Josh Heneveld

Keller Williams Capital City License #201207026 Listed on: 06/07/2022

Keller Williams Capital City

Last Buyer's Agent

Devin Thiele

Sparrow Real Estate, LLC License #201206009

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,097

Year Built

  • Built in 2004

Lot Details

  • 6,970

Home Design

  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation
  • Wood Composite

Parking

  • Garage
  • Garage Door Opener

Additional Features

  • Dishwasher
  • Crawl Space
  • Deck
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,097

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2560
  • Year Built: 2004
  • Property Condition: Existing
  • Remarks Public: Solid investment property. 2 units - 3 bdrm/1.5 bath each side, both units have w/d hookup inside, attached single car garage, and back deck. Built in 2004. Has been professionally managed and well taken care of.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CAPITAL STREET ADDITION, BLOCK 4, LOT 13, ACRES 0
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding, Wood Composite
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage Door Opener, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Zoned
  • Security: Security Lights

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Refrigerator, Washer/Dryer Hookup

Schools

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

Lot Info

  • Zoning: RM2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 3672.00
  • Assessor Parcel Number: R68647

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.49

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 29, 2022
Sold by
Tobiasson Mark R
Bought by
Marsonette Robert C
Seller's Agent
Josh Heneveld
Keller Williams Capital City
Buyer's Agent
Devin Thiele
Sparrow Real Estate, LLC
List Price
$499,900
Sold Price
$505,000
Premium/Discount to List
$5,100
1.02%
Current Estimated Value
$533,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,689
Avg. Annual Appreciation
1.30%

Purchase Details

Listed on
Jul 29, 2013
Closed on
Feb 10, 2014
Sold by
Mckinney Randy Lynn
Bought by
Tobiasson Mark R and Tobiasson Cynthia L
Seller's Agent
Ty Hilderbrand
REALTY ONE GROUP WILLAMETTE VALLEY
Buyer's Agent
Levi Wilson
NED BAKER REAL ESTATE
List Price
$229,000
Sold Price
$170,000
Premium/Discount to List
-$59,000
-25.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%
Original Mortgage
$127,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2007
Sold by
Mckinney Scott J and Mckinney Randi L
Bought by
Mckinney Randi Lynn

Purchase Details

Closed on
Mar 10, 2005
Sold by
Mckinney Randi L
Bought by
Mckinney Scott J and Mckinney Randi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2005
Sold by
Mckinney Scott
Bought by
Mckinney Randi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
3%
Mortgage Type
Unknown
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
Marsonette Robert C $505,000 Fidelity National Title
Tobiasson Mark R $170,000 Amerititle
Mckinney Randi Lynn -- None Available
Mckinney Scott J -- --
Mckinney Randi L -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tobiasson Mark R $127,500
Previous Owner Mckinney Randi L $147,500
Previous Owner Mckinney Scott J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $505,000 +1.0% $197 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $499,900 0.0% $195 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/25/2022 06/25/22 Price Changed $499,900 -5.5% $195 / Sq Ft
06/13/2022 06/13/22 For Sale $529,000 0.0% $207 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $529,000 +211.2% $207 / Sq Ft
02/11/2014 02/11/14 Sold $170,000 -25.8% $66 / Sq Ft
12/28/2013 12/28/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $229,000 -- $89 / 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 $4,097 $208,670 -- --
2023 $3,976 $202,600 $0 $0
2022 $3,749 $196,700 $0 $0
2021 $3,642 $190,980 $0 $0
2020 $3,645 $185,420 $0 $0
2019 $3,412 $180,020 $0 $0
2018 $3,472 $0 $0 $0
2017 $3,134 $0 $0 $0
2016 $2,985 $0 $0 $0
2015 $3,007 $0 $0 $0
2014 $2,911 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Heneveld

    Seller's Agent in 2022

    Josh Heneveld

    Keller Williams Capital City

    (503) 602-7479

    2 in this area

    24 Total Sales

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  • Devin Thiele

    Buyer's Agent in 2022

    Devin Thiele

    Sparrow Real Estate, LLC

    (503) 609-0339

    2 in this area

    63 Total Sales

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  • Ty Hilderbrand

    Seller's Agent in 2014

    Ty Hilderbrand

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 881-2313

    84 Total Sales

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  • BRENDA GLODT

    Seller Co-Listing Agent in 2014

    BRENDA GLODT

    REALTY ONE GROUP WILLAMETTE VALLEY

    31 Total Sales

    Section Image
  • Levi Wilson

    Buyer's Agent in 2014

    Levi Wilson

    NED BAKER REAL ESTATE

    (503) 881-5286

    171 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22270868

Regional Multiple Listing Service (RMLS)

APN: 568647

Oregon Marion County Salem 97301 Grant

1197 Hood St NE Unit 1199, Salem, OR

This home is located at 1197 Hood St NE Unit 1199, Salem, OR 97301 since 07 June 2022 and is currently estimated at $525,148, approximately $205 per square foot. This property was built in 2004. 1197 Hood St NE Unit 1199 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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