Seller's Agent in 2023
Brian White
PARAMOUNT REAL ESTATE SERVICES
(503) 851-1645
3 in this area
181 Total Sales
1348 Waller St SE Salem, OR 97302
Southeast Salem NeighborhoodEstimated Value: $367,000 - $470,000
7
Beds
3
Baths
2,964
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- 0.27 Acre Lot
- Landscaped
- High Speed Internet
- Shed
- Forced Air Heating System
- Dining Area
About This Home
As of August 2023Excellent investment opportunity with completely rented units! Hard to find triplex situation with 3 detached dwellings on one lot. 2 garages. Conveniently located in South central area with easy commute all around, convenient to Willamette University, Bush Park, bus lines, & other services. Off street parking spaces available. Long-time tenants. Tenants pay own utilities except for garbage. Also see MLS#796624. Write offers subject to visual inspection. Subject to closing on 1342-1346 simultaneously.
Last Agent to Sell the Property
PARAMOUNT REAL ESTATE SERVICES License #200105014 Listed on: 08/12/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,475
Year Built
- Built in 1940
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 82x142
- Partially Fenced Property
- Landscaped
Home Design
- Triplex
- Composition Roof
- Wood Siding
- Lap Siding
- T111 Siding
Interior Spaces
- 2,964 Sq Ft Home
- Gas Fireplace
- Dining Area
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Dishwasher
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Outdoor Features
- Shed
Schools
- Bush Elementary School
- Leslie Middle School
- South Salem High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Exclusions: Tenants personal property
- Legal Lot and Block 5 / 7
Community Details
Overview
- 3 Units
- Yew Park Subdivision
Building Details
- Electric Expense $42
- Insurance Expense $1,231
- Maintenance Expense $2,085
- Trash Expense $871
- Operating Expense $12,832
- Net Operating Income $34,088
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2022
Closed on
Jun 27, 2023
Sold by
Waller Street Llc
Bought by
Tran Thai Toan
Seller's Agent
Brian White
PARAMOUNT REAL ESTATE SERVICES
List Price
$625,000
Sold Price
$445,000
Premium/Discount to List
-$180,000
-28.8%
Views
192
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,534
Avg. Annual Appreciation
-0.78%
Original Mortgage
$333,750
Interest Rate
6.96%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tran Thai Toan | $445,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tran Thai Toan | $333,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | $445,000 | 0.0% | $150 / Sq Ft |
| 05/31/2023 05/31/23 | Off Market | $445,000 | -- | -- |
| 11/18/2022 11/18/22 | Price Changed | $525,000 | -16.0% | $177 / Sq Ft |
| 08/12/2022 08/12/22 | For Sale | $625,000 | -- | $211 / Sq Ft |
Source: Willamette Valley MLS
Tax History Compared to Growth
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 | $3,792 | $193,140 | -- | -- |
| 2023 | $3,680 | $187,520 | $0 | $0 |
| 2022 | $3,470 | $182,060 | $0 | $0 |
| 2021 | $3,371 | $176,760 | $0 | $0 |
| 2020 | $3,273 | $171,620 | $0 | $0 |
| 2019 | $3,158 | $166,630 | $0 | $0 |
| 2018 | $3,214 | $0 | $0 | $0 |
| 2017 | $2,901 | $0 | $0 | $0 |
| 2016 | $2,763 | $0 | $0 | $0 |
| 2015 | $2,784 | $0 | $0 | $0 |
| 2014 | $2,694 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian White
Map
Source: Willamette Valley MLS
MLS Number: 796625
APN: 596785
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
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