NOT LISTED FOR SALE

1365 Marion St NE Unit 1369 Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $404,000 - $438,636

6 Beds
2.5 Baths
2,506 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $225,000 $90 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,631/month

64 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Facilities
  • Territorial View
  • Shed
  • High Speed Internet

About This Home

As of January 2020

Nice property located close to schools, shopping, bus lines. Needs some repair, carpeting downstairs, siding, roof replacement, painting, landscaping. Located walking distance to Willamette University. Duplex sold in AS IS condition. Great fixer-upper for investors. Easily rented. Do not bother tenants.

Last Agent to Sell the Property

Bob Knight Princ. Broker

JOHN L. SCOTT-SALEM License #931100149 Listed on: 09/11/2019

JOHN L. SCOTT-SALEM

Last Buyer's Agent

Liz Boisvert

EXP REALTY, LLC License #201215244

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,201

Year Built

  • Built in 1926

Lot Details

  • 3,900 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding
  • Redwood Siding

Interior Spaces

  • 2,506 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Territorial Views
  • Natural lighting in basement

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 7 / 3

Community Details

Overview

  • 2 Units
  • 1365 Marion Community

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $250
  • Fuel Expense $150
  • Trash Expense $65
  • Water Sewer Expense $40

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,201

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Nice property located close to schools, shopping, bus lines. Needs some repair, carpeting downstairs, siding, roof replacement, painting, landscaping. Located walking distance to Willamette University. Duplex sold in AS IS condition. Great fixer-upper for investors. Easily rented. Do not bother tenants.
  • Cross Street: 14th
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room
  • Negotiable Inclusions: 2 refers, 2 stoves, D/W, W/D
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Wood
  • Total Bathrooms: 2.5
  • Total Bedrooms: 6
  • Basement: Daylight
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Price Per Sq Ft: 89.78
  • Price Per Sq Ft: 97.77

Exterior Features

  • Exterior Color: Lt Green
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Redwood
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Gas
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Electric: 250
  • Garbage: 65
  • Gas: 150
  • Sewer: City
  • Water/Sewer: 40

Schools

  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.09
  • Estimated Lot Sq Ft: 3900
  • Lot: 7
  • Lot Type: Common Area
  • Price Per Acre: 2722222.22
  • Zoning: R43
  • Property Name: 1365 Marion
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R87052
  • Tax Account Number: R87052
  • Tax Amount: 3201

Multi Family

  • Gross Sched Income: 2200
  • Unit Types: Flat
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Bennett Tanya J and Breiting Bruce R
Bought by
Bennett Tanya J and Bennett Jeffrey
Current Estimated Value
$422,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$169,110
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$240,927

Purchase Details

Closed on
Aug 30, 2021
Sold by
Bennett Tanya J and Breitling Bruce R
Bought by
Bennett Tanya J and Bennett Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$169,110
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$240,927

Purchase Details

Closed on
Jun 4, 2021
Sold by
Bennett Jeffrey
Bought by
Bennett Tanya J and Breitling Bruce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2021
Sold by
Mencher Stephanie A
Bought by
Bennett Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2019
Closed on
Dec 31, 2019
Sold by
Ciadelle Llc
Bought by
Bennett Jeffrey and Mencher Stephanie A
Seller's Agent
Bob Knight Princ. Broker
JOHN L. SCOTT-SALEM
Buyer's Agent
Liz Boisvert
EXP REALTY, LLC
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$164,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2006
Sold by
Harguess Crystal A
Bought by
Ciadelle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 28, 2005
Sold by
Knight Properties Llc
Bought by
Harguess Crystal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 2002
Sold by
Herrmann Andrew J
Bought by
Knight Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Bennett Tanya J -- Fidelity National Title
Bennett Tanya J -- Fidelity National Title
Bennett Tanya J $210,000 Fidelity National Title
Bennett Jeffrey -- Fidelity National Title
Bennett Jeffrey $205,000 Ticor Title
Ciadelle Llc -- --
Harguess Crystal A $157,500 Fidelity Natl Title Co Of Or
Knight Robert B $128,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Tanya J $200,000
Closed Bennett Tanya J $200,000
Previous Owner Bennett Tanya J $168,000
Previous Owner Bennett Jeffrey $164,000
Previous Owner Harguess Crystal A $126,000
Previous Owner Knight Robert B $102,400
Closed Knight Robert B $25,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Sold $225,000 -8.2% $90 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $245,000 -- $98 / 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 $3,944 $200,870 -- --
2023 $3,828 $195,020 $0 $0
2022 $3,609 $189,340 $0 $0
2021 $3,506 $183,830 $0 $0
2020 $3,362 $170,990 $0 $0
2019 $3,146 $166,010 $0 $0
2018 $3,202 $0 $0 $0
2017 $2,890 $0 $0 $0
2016 $2,753 $0 $0 $0
2015 $2,774 $0 $0 $0
2014 $2,684 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 754888

Willamette Valley MLS

APN: 587052