NOT LISTED FOR SALE

1285 20th St SE Salem, OR 97302

Southeast Salem Neighborhood

Estimated Value: $371,000 - $489,000

5 Beds
2 Baths
2,103 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $325,000 $155 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,466/month

About This Home

Kickstart your business dreams with the convenience of operating from home. This property's location in a thriving commercial hub with zoning to match offers endless possibilities. The spacious 5 bed, 2 bath home includes versatile bonus room, back deck, a large shop, and ample garage/storage along with additional parking space. Situated just 5 minutes from downtown Salem and near historic Bush Park and Cascade Gateway Park, you'll have a variety of neighborhood recreational options at your fingertips.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 25, 2023
Sold by
Soto Anthony and Soto Kellie
Bought by
Caudillo Deanna and Caudillo Daniel
Seller's Agent
Jacob Espericueta
Realty One Group Willamette Valley
Buyer's Agent
Randy Evans
HomeSmart Realty Group
List Price
$359,000
Sold Price
$325,000
Premium/Discount to List
-$34,000
-9.47%
Views
226
Current Estimated Value
$418,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,530
Avg. Annual Appreciation
11.57%
Original Mortgage
$319,113
Outstanding Balance
$313,082
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
$105,448

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 29, 2017
Sold by
Serrano Aide
Bought by
Soto Anthony and Soto Kellie
Seller's Agent
Aida Serrano
HOMESMART REALTY GROUP
Buyer's Agent
Aida Serrano
HOMESMART REALTY GROUP
List Price
$260,000
Sold Price
$253,000
Premium/Discount to List
-$7,000
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$256,891
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 28, 2017
Sold by
Colunga George
Bought by
Serrano Aide
Seller's Agent
Aida Serrano
HOMESMART REALTY GROUP
Buyer's Agent
Aida Serrano
HOMESMART REALTY GROUP
List Price
$260,000
Sold Price
$253,000
Premium/Discount to List
-$7,000
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,891
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Jul 30, 2008
Sold by
Serrano Aide
Bought by
Serrano Aide and Colunga George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.41%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 30, 2004
Sold by
Arnautov Michael G and Arnautov Tanya
Bought by
Serrano Aide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2003
Sold by
Arnautov Michael G and Arnautov Tanya Nikole
Bought by
Arnautov Michael G and Arnautov Tanya
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Caudillo Deanna $325,000 First American Title
Soto Anthony $252,000 Amerititle
Serrano Aide -- Amerititle
Serrano Aide -- Fidelity Natl Title Co Of Or
Serrano Aide $139,900 Amerititle
Arnautov Michael G -- Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caudillo Deanna $319,113
Previous Owner Soto Anthony $256,891
Previous Owner Serrano Aide $168,750
Previous Owner Serrano Aide $111,920
Closed Serrano Aide $27,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2023 11/28/23 Sold $325,000 -5.8% $155 / Sq Ft View Prior Sale
09/24/2023 09/24/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $345,000 -3.9% $164 / Sq Ft
09/06/2023 09/06/23 For Sale $359,000 +41.9% $171 / Sq Ft
12/05/2017 12/05/17 Sold $253,000 +5.5% $120 / Sq Ft View Prior Sale
10/06/2017 10/06/17 Price Changed $239,900 -4.4% $114 / Sq Ft
09/11/2017 09/11/17 Price Changed $250,900 -3.5% $119 / Sq Ft
09/01/2017 09/01/17 For Sale $260,000 -- $124 / Sq Ft

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
2025 $3,179 $166,780 -- --
2024 $3,179 $161,930 -- --
2023 $2,502 $157,220 $0 $0
2022 $2,359 $152,650 $0 $0
2021 $2,292 $148,210 $0 $0
2020 $2,225 $116,670 $0 $0
2019 $2,147 $113,270 $0 $0
2018 $2,695 $0 $0 $0
2017 $2,432 $0 $0 $0
2016 $2,317 $0 $0 $0
2015 $2,334 $0 $0 $0
2014 $2,259 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacob Espericueta

    Seller's Agent in 2023

    Jacob Espericueta

    Realty One Group Willamette Valley

    (971) 220-9317

    1 in this area

    48 Total Sales

    Jacob Espericueta
    Section Image

  • R

    Buyer's Agent in 2023

    Randy Evans

    HomeSmart Realty Group

    (503) 539-8367

    1 in this area

    15 Total Sales

    Randy Evans
    Section Image
  • Aida Serrano

    Seller's Agent in 2017

    Aida Serrano

    HOMESMART REALTY GROUP

    (503) 269-0207

    25 Total Sales

    Aida Serrano
    Section Image
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Map

Oregon Marion County Salem 97302 Southeast Salem

1285 20th St SE, Salem, OR

Not Listed for Sale

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