NOT LISTED FOR SALE

1205 Baxter Rd SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $458,000 - $503,252

4 Beds
3 Baths
2,192 Sq Ft
$217/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2022

Last sale price $400,000 $182 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,898 / mo

51 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Living Room with Fireplace
  • Landscaped
  • High Speed Internet

About This Home

As of August 2022

Great investment opportunity on this South Salem duplex. 2/1.5 units with laminate floors, forced air gas heat, central AC, newer siding, gutters w/ leaf guard and oversized 1 car garages. Neither unit is currently rented. Owner is occupying both units. Market rent is $1800. Write offers subject to interior inspection.

Last Agent to Sell the Property

Chris Forrette

HOMESMART REALTY GROUP License #990400134 Listed on: 05/24/2022

HOMESMART REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,549

Year Built

  • Built in 1977

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 2,192 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,549

Year Built

Built in 1977

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Range Facility: Built-In, Range Included
  • Syndicated Remarks: Great investment opportunity on this South Salem duplex. 2/1.5 units with laminate floors, forced air gas heat, central AC, newer siding, gutters w/ leaf guard and oversized 1 car garages. Neither unit is currently rented. Owner is occupying both units. Market rent is $1800. Write offers subject to interior inspection.
  • Cross Street: Baxter Ct
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: 2 Refrigerators
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap

Utilities

  • Heating: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6970
  • Lot: 19
  • Lot Type: Irregular
  • Zoning: RM
  • Property Use Type: Investment
  • Geo Subdivision: OR

Multi Family

  • Unit Types: Town Home
  • Number Of Units: 2

Tax Info

  • Tax Amount: 3549

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 13, 2022
Sold by
Bought by
Seller's Agent
Chris Forrette
HOMESMART REALTY GROUP
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%
Current Estimated Value
$475,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,813
Avg. Annual Appreciation
4.61%
Original Mortgage
$392,755
Outstanding Balance
$368,842
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$106,971

Purchase Details

Closed on
Feb 8, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 First American Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $392,755
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/16/2022 08/16/22 Sold $400,000 -11.1% $182 / Sq Ft
07/05/2022 07/05/22 Price Changed $449,900 -3.2% $205 / Sq Ft
06/23/2022 06/23/22 Price Changed $464,900 -2.1% $212 / Sq Ft
05/24/2022 05/24/22 For Sale $475,000 -- $217 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,113 $215,780 -- --
2024 $4,113 $209,500 -- --
2023 $3,992 $203,400 $0 $0
2022 $3,764 $197,480 $0 $0
2021 $3,656 $191,730 $0 $0
2020 $3,660 $186,150 $0 $0
2019 $3,425 $180,730 $0 $0
2018 $3,486 $0 $0 $0
2017 $3,146 $0 $0 $0
2016 $2,997 $0 $0 $0
2015 $3,019 $0 $0 $0
2014 $2,922 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Forrette

    Seller's Agent in 2022

    Chris Forrette

    HOMESMART REALTY GROUP

    (503) 409-3542

    19 in this area

    345 Total Sales

    Chris Forrette
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Map

Source: Willamette Valley MLS

MLS Number: 792961

Willamette Valley MLS

APN: 566268

Oregon Marion County Salem 97306 South Gateway

1205 Baxter Rd SE, Salem, OR

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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