Spacious single level duplex, each side is 3 bedrooms, 2 baths and 1159 +/- square feet! Well managed and good condition! Oversized single garage with extra driveway parking. Inside laundry rooms with washer/dryer hook-ups. Patio and fenced back yard, and the back yards have no rear neighbors, so the view is a nice field. These are nice units with good rental history. They would also be great for owner occupied! Owner pays water/sewer/garbage. Invest in your future today!
Last Listed By
Ray Beaty
PARAMOUNT REAL ESTATE SERVICESLicense #970500048Listed on: 08/04/2014
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,035
Year Built
Built in 1992
Lot Details
8,314 Sq Ft Lot
Partially Fenced Property
Landscaped
Home Design
Duplex
Composition Roof
Lap Siding
Interior Spaces
2,318 Sq Ft Home
Dining Area
Territorial Views
Washer and Dryer Hookup
Kitchen
Electric Range
Dishwasher
Flooring
Carpet
Laminate
Vinyl
Bedrooms and Bathrooms
6 Bedrooms
4 Bathrooms
Outdoor Features
Patio
Utilities
Zoned Heating
Electric Water Heater
High Speed Internet
Listing and Financial Details
Exclusions: Tenants personal property
Community Details
Overview
2 Units
Building Details
Trash Expense $60
Water Sewer Expense $90
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,035
Year Built
Built in 1992
Lot Details
0
Listing Details
Class: Multi Family
Type: Duplex
Range Facility: Electric, Range Included
Syndicated Remarks: Spacious single level duplex, each side is 3 bedrooms, 2 baths and 1159 +/- square feet! Well managed and good condition! Oversized single garage with extra driveway parking. Inside laundry rooms with washer/dryer hook-ups. Patio and fenced back yard, and the back yards have no rear neighbors, so the view is a nice field. These are nice units with good rental history. They would also be great for owner occupied! Owner pays water/sewer/garbage. Invest in your future today!
Cross Street: Macleay
Year Built: 1992
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Dishwasher: Yes
Exclusions: Tenants personal property
Negotiable Inclusions: 2 each of Fridge, Range, Dishwasher
Refrigerator: Refrigerator Included
Flooring: Carpet, Laminate, Vinyl
Total Bathrooms: 4
Total Bedrooms: 6
Dining Room: Area (Combination)
Laundry: W/D Hookup
Price Per Sq Ft: 94.91
Source Of Sq Ft: County
Price Per Sq Ft: 99.22
Exterior Features
Patio: Patio
Exterior Color: Grey
Fenced Yard: Partial
Landscape: Yes
Roof: Composition
Siding: Fiber Cement
Siding Style: Lap
View: Territorial
Utilities
Heating: Electric, Zonal
High Speed Comm Access: Available
Water: Private/Community/Dist
Water Heater: Electric
Garbage: 60
Sewer: City
Water/Sewer: 90
Schools
Elementary School: Marion Miller
Middle School: Houck
High School: North Salem
Lot Info
Acres: 0.2
Estimated Lot Sq Ft: 8314
Price Per Acre: 1150000
Zoning: RM
Geo Subdivision: OR
Multi Family
Unit Types: Flat
Number Of Units: 2
Tax Info
Tax Account Number: R53850/R322148
Tax Amount: 3035
Ownership History
DateNameOwned ForOwner Type
Apr 2015 - PresentPatterson Robert M and Brown Robin10 Years and 2 Months
Private Individual
Purchase Details
Listed on
Aug 4, 2014
Closed on
Apr 21, 2015
Sold by
Lee Charleen B
Bought by
Patterson Robert M and Brown Robin
Seller's Agent
Ray Beaty
PARAMOUNT REAL ESTATE SERVICES
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Total Days on Market
219
Current Estimated Value
$358,859
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,859
Avg. Annual Appreciation
4.99%
Aug 2012 - Apr 2015Lee Charleen B and John Lee Disclaimer Trust2 Years and 8 Months
Private Individual
Purchase Details
Closed on
Aug 27, 2012
Sold by
Lee Charleen B
Bought by
Lee Charleen B and John Lee Disclaimer Trust
Nov 2002 - Aug 2012Lee John9 Years and 9 Months
Private Individual
Purchase Details
Closed on
Nov 14, 2002
Sold by
Pieper Gerald J
Bought by
Lee John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
This property appears to have significant room for rent growth. 2nd br at 1095 does not have a closet at this time. Some updates in units. SF are estimates only based upon the Marion County Assessors Office data. Sellers have priced this at an As Is Cash Only transaction.
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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
Patterson Robert M
$220,000
Fidelity National Title Co
Lee Charleen B
--
None Available
Lee John
$180,000
Fidelity National Title Co
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Previous Owner
Lee John
$80,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
04/22/201504/22/15
Sold
$220,000
-6.4%
$95 / Sq Ft
03/11/201503/11/15
Pending
--
--
--
08/04/201408/04/14
For Sale
$235,000
--
$101 / Sq Ft
Source: Willamette Valley MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1216 Arabian Ave SE, Salem, OR 97317 since 04 August 2014 and is currently estimated at $358,859, approximately $154 per square foot. This property was built in 1992. 1216 Arabian Ave SE is a home located in Marion County with nearby schools including Miller Elementary School, Houck Middle School, and North 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.
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