NOT LISTED FOR SALE

Estimated Value: $548,789 - $601,000

5 Beds
4 Baths
2,388 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $410,000 $172 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,755/month

4 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Landscaped
  • Living Room with Fireplace
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of October 2018

1 LEVEL DUPLEX in desirable South Salem neighborhood, sits on a beautifully landscaped .25 acre, corner lot! One side w/3 beds, 2 baths, gas FP, new front window, decks. The other side has 2 beds, 2 baths, new furnace, new carpet & has a few steps from garage up into the unit. Each side w/fresh interior paint. Convenient location near shopping, restaurants, , schools, medical facilities.

Last Listed By

TINA SMITH

HOMESMART REALTY GROUP License #981000039 Listed on: 09/19/2018

HOMESMART REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,959

Year Built

  • Built in 1997

Lot Details

  • 0.25 Acre Lot
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 2,388 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal property of owner
  • Tax Lot 9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,959

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Range Facility: Range Included
  • Syndicated Remarks: 1 LEVEL DUPLEX in desirable South Salem neighborhood, sits on a beautifully landscaped .25 acre, corner lot! One side w/3 beds, 2 baths, gas FP, new front window, decks. The other side has 2 beds, 2 baths, new furnace, new carpet & has a few steps from garage up into the unit. Each side w/fresh interior paint. Convenient location near shopping, restaurants, , schools, medical facilities.
  • Cross Street: Liberty
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Personal property of owner
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: washer/dryer/refrig/range/dishwasher in both units
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Dining Room: Formal
  • Laundry: W/D Included
  • Price Per Sq Ft: 171.69
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 177.97

Exterior Features

  • Patio: Deck
  • Exterior Color: Gray
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap

Utilities

  • Heating: Gas, Heat Pump, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Sewer: City

Schools

  • Elementary School: Liberty
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 0.25
  • Estimated Lot Sq Ft: 10993
  • Lot: 9
  • Lot Type: Dimension Above
  • Price Per Acre: 1699980
  • Zoning: RS
  • Property Use Type: Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R70790
  • Tax Amount: 4959

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Lam Raymond C
Bought by
Lam Xu Living Trust
Total Days on Market
4
Current Estimated Value
$577,197

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 11, 2018
Sold by
Miller Vivian R
Bought by
Lam Raymond C and Xu Lannie
Seller's Agent
TINA SMITH
HOMESMART REALTY GROUP
Buyer's Agent
Nathan Wu
HOMESMART REALTY GROUP
List Price
$424,995
Sold Price
$410,000
Premium/Discount to List
-$14,995
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%

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

Similar Homes in Salem, OR

  • 1012 (-1014) Big Fir Place S, Salem, OR 97306

    $700,000

    • 6 Beds
    • 5 Baths
    • 5,840 Sq Ft
    • 1012 (-1014) Big Fir Place S
    • Salem, OR

    Accepted Offer with Contingencies. Beautiful duplex built in 2019. Both sides currently rented. Easy income. Appreciating asset. Low maintenance, newer build. Solid surface counter tops. High end finishes, appliances. W/D included. HOA includes front landscaping and parking lot maintenance. Close to schools and shopping. A must see property. .

    Patrick Jackson BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    Section Image
  • 5414 Sunnysode (-5410) Rd SE, Salem, OR 97306

    $589,500

    • 6 Beds
    • 3 Baths
    • 2,500 Sq Ft
    • 5414 Sunnysode (-5410) Rd SE
    • Salem, OR

    Excellent investment property. Duplex (4bd-2ba / 2bd-1ba) seperate utilities with space south of current building for additional unit! Current units with inside Utility rooms. 2 Bd unit has NO STEPS & all electric w/ductless heat pump. 4 bd has newer forced air gas furnace and tankless water heater. Both with wood burning Fireplace. Both units rebuilt from Studs in 2020 all new electric,

    Donald Meyer PIKES NORTHWEST, INC

    Section Image
  • 6090 Fircrest (-6094) St SE, Salem, OR 97306

    $570,000

    • 6 Beds
    • 4 Baths
    • 3,420 Sq Ft
    • 6090 Fircrest (-6094) St SE
    • Salem, OR

    Accepted Offer with Contingencies. Great South Salem Duplex 3x2 2 story unites. This is a perfect opportunity for investors and or owner occupied. Unit 6090 is vacant and ready to show any time for your buyers convenience. Unit 6094 is rented at $1895. Units have separate water meters, tenants pay their own utilities. Buyers to do their own diligence. Seller to do no repairs.

    LORENA TORRES ARREDONDO CENTURION REAL ESTATE SERVICES

    Section Image
  • 2565 Lee (- 2567) St SE, Salem, OR 97301

    $599,000

    • 6 Beds
    • 4 Baths
    • 2,400 Sq Ft
    • 2565 Lee (- 2567) St SE
    • Salem, OR

    Delightful one level duplex in Southeast Salem, perfect for first-time homebuyers or savvy investors. Each unit features 3 bedrooms and 2 bathrooms, offering a modernized kitchen with stainless steel appliances. The primary bedroom includes a spacious walk-in closet and a sliding glass door leading to the back patio. Freshly painted throughout, this property provides an excellent opportunity for

    Shawntel Brown COLDWELL BANKER BAIN

    Section Image
  • 1117 6th (-1119) St NW, Salem, OR 97304

    $679,900

    • 6 Beds
    • 4 Baths
    • 2,989 Sq Ft
    • 1117 6th (-1119) St NW
    • Salem, OR

    Accepted Offer with Contingencies. Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway

    Chris Forrette COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    Section Image
  • 1438 (-1440 5) Glen Creek Rd, Salem, OR 97304

    $475,000

    • 5 Beds
    • 3 Baths
    • 1,911 Sq Ft
    • 1438 (-1440 5) Glen Creek Rd
    • Salem, OR

    Opportunity awaits with this ideally located triplex in desirable NW Salem neighborhood. Just minutes from shops, businesses, and the Salem-Dallas Highway, this property offers excellent convenience—making it a strong draw for tenants and helps keep vacancies low. Unit 1440.5 has been recently renovated, and the entire exterior has been freshly painted, allowing the next owner to step in with

    Sabrina James SMI REAL ESTATE

    Section Image
  • 645 E St NE, Salem, OR 97301

    $495,000

    • 4 Beds
    • 3 Baths
    • 2,011 Sq Ft
    • 645 E St NE
    • Salem, OR

    Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding and exterior paint. Newer roof and some windows. The 2-bedroom cottage at 645 E St has a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each unit has its own washer/dryer hookups.

    Kenneth Marshall VINTAGE REALTY NORTHWEST

    Section Image
  • 952 Gaines St NE Unit 958, Salem, OR 97301

    $574,900

    • 4 Beds
    • 4 Baths
    • 2,200 Sq Ft
    • 952 Gaines St NE
    • Unit 958
    • Salem, OR

    Great income property! Conveniently located 4-plex with long term tenants. featuring updated units exterior paint, new lifetime metal roof. Property has off street parking. Basement set up for coin-op laundry on its own meter. Buyer to due their own due diligence on other possible uses. 3 units on 1 year leases 1 unit on month to month.

    Joel Gander GANDER PROPERTY GROUP

    Section Image
  • 4743 Palomino (-4753) Ct SE, Salem, OR 97317

    $475,000

    • 4 Beds
    • 3 Baths
    • 1,914 Sq Ft
    • 4743 Palomino (-4753) Ct SE
    • Salem, OR

    Nice duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. This is a great opportunity for someone needing dual living or for someone that wants to live in one side. Seller is a licensed real estate

    Peggy Kernan WILD HORSE REAL ESTATE

    Section Image

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
Lam Xu Living Trust -- None Listed On Document
Lam Raymond C $410,000 Ticor Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $410,000 -3.5% $172 / Sq Ft
09/19/2018 09/19/18 For Sale $424,995 -- $178 / Sq Ft
Source: Willamette Valley MLS

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 $6,483 $330,170 -- --
2023 $6,292 $320,560 $0 $0
2022 $5,932 $311,230 $0 $0
2021 $5,763 $302,170 $0 $0
2020 $5,768 $293,370 $0 $0
2019 $5,398 $284,830 $0 $0
2018 $5,494 $0 $0 $0
2017 $4,958 $0 $0 $0
2016 $4,682 $0 $0 $0
2015 $4,622 $0 $0 $0
2014 $4,194 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 739545

Willamette Valley MLS

APN: 570790