NOT LISTED FOR SALE

1236 (-38) Arabian Ave SE Salem, OR 97317

Estimated Value: $326,000 - $470,000

6 Beds
4 Baths
2,318 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 19, 2015

Last sale price $228,500 $99 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,196/month

408 Days on Market

Highlights

  • Views
  • Garage
  • Lap Siding
  • Parking Storage or Cabinetry

About This Home

As of November 2015

Spacious single level duplex, each side is 3 bedrooms, 2 baths and 1159 +/- square feet! Oversized single garage with extra driveway parking. Inside laundry rooms with washer/dryer hook-ups. Patio and fenced back yard, with 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 on unit 1236 and only garbage on unit 1238.

Last Agent to Sell the Property

Ray Beaty

Paramount Real Estate Services License #970500048 Listed on: 08/04/2014

Last Buyer's Agent

Gladys Blum

Blum Real Estate License #781200091

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1992

Lot Details

  • 4,356

Home Design

  • Lap Siding

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry

Additional Features

  • 2-Story Property
  • Electric Water Heater
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,511

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2318
  • Stories: 2
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MACLEAY EST NO 3 RESUB BLKS 6 & 7, BLOCK 6, LOT 2A
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding
  • View: Territorial
  • View: Yes

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Miller
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Zoning: RM

Tax Info

  • Tax Amount: 3035.00
  • Assessor Parcel Number: R53852

Multi Family

  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.03

MLS Schools

  • Elementary School: Miller
  • High School: North Salem
  • Middle School: Houck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Nov 18, 2015
Sold by
Lee Charleen B
Bought by
Lulay Roger E
Seller's Agent
Ray Beaty
Paramount Real Estate Services
Buyer's Agent
Gladys Blum
Blum Real Estate
List Price
$230,000
Sold Price
$228,500
Premium/Discount to List
-$1,500
-0.65%
Current Estimated Value
$364,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,159
Avg. Annual Appreciation
4.34%
Original Mortgage
$91,400
Outstanding Balance
$72,879
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$273,023
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
Lulay Roger E $114,250 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lulay Roger E $91,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2015 11/19/15 Sold $228,500 -0.7% $99 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/04/2014 08/04/14 For Sale $230,000 -- $99 / 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 $2,511 $150,110 -- --
2023 $2,381 $145,740 $0 $0
2022 $2,316 $141,500 $0 $0
2021 $2,294 $137,380 $0 $0
2020 $2,153 $133,380 $0 $0
2019 $2,169 $129,500 $0 $0
2018 $2,146 $0 $0 $0
2017 $1,815 $0 $0 $0
2016 $1,741 $0 $0 $0
2015 $1,724 $0 $0 $0
2014 $1,608 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ray Beaty

    Paramount Real Estate Services

    Section Image
  • Gladys Blum

    Buyer's Agent in 2015

    Gladys Blum

    Blum Real Estate

    (503) 507-6225

    20 in this area

    761 Total Sales

    Gladys Blum
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14674891

Regional Multiple Listing Service (RMLS)

APN: 553852

Oregon Marion County Salem 97317

1236 (-38) Arabian Ave SE, Salem, OR

This home is located at 1236 (-38) Arabian Ave SE, Salem, OR 97317 since 04 August 2014 and is currently estimated at $364,659, approximately $157 per square foot. This property was built in 1992. 1236 (-38) 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.

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