NOT LISTED FOR SALE

1374 Tripp St SE Salem, OR 97302

Southeast Salem Neighborhood

Estimated Value: $261,000 - $342,485

3 Beds
1 Bath
1,194 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $195,000 $163 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,727/month

6 Days on Market

Highlights

  • Territorial View
  • Private Yard
  • Covered Patio or Porch
  • High Ceiling
  • No HOA
  • Living Room

About This Home

As of December 2019

Great Investment! This Adorable Cottage is perfect for the 1ST TIME HOME BUYER or INVESTOR wanting to acquire properties with immediate CASH FLOW! Close to schools, shopping, 2 blocks from Willamette University and Bush Park, close to Salem Hospital and great for commuters! Many fresh upgrades throughout kitchen, bathroom and laundry room. Plus newer carpets, new water heater and LVP flooring, fresh paint and brand NEW FENCE! Zoned RM

Last Agent to Sell the Property

Jenn Hill

eXp Realty LLC License #201216486 Listed on: 09/28/2019

eXp Realty LLC

Last Buyer's Agent

Allyson Puentes

eXp Realty LLC License #201011132

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1905

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Private Yard
  • Property is zoned RM

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Lap Siding
  • Cedar

Interior Spaces

  • 1,194 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Territorial Views
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bush Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Depot Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 571056

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,269

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1905
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: HighCeilings, HighSpeedInternet
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Exterior Features: CoveredPatio, Fenced, Porch, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: PillarPostPier
  • View: Yes
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Bush
  • High School: South Salem
  • Middle Or Junior School: Leslie

Lot Info

  • Zoning: RM
  • Lot Size Acres: 0.14
  • Lot Size: 6000
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 571056

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 1269.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2019
Closed on
Dec 6, 2019
Sold by
Mercier Lisa L
Bought by
Rapp Allyson and Welch Mitchell A
Seller's Agent
Jenn Hill
eXp Realty LLC
Buyer's Agent
Allyson Puentes
eXp Realty LLC
List Price
$185,000
Sold Price
$195,000
Premium/Discount to List
$10,000
5.41%
Current Estimated Value
$302,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,121
Avg. Annual Appreciation
6.56%
Original Mortgage
$191,468
Outstanding Balance
$170,919
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$111,143

Purchase Details

Closed on
Sep 19, 2006
Sold by
Diamond Investments Inc
Bought by
Mission Tripp Trust
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
Rapp Allyson $195,000 First American
Mission Tripp Trust -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapp Allyson $191,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $195,000 +5.4% $163 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $185,000 -- $155 / 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 $1,498 $76,270 -- --
2023 $1,453 $74,050 $0 $0
2022 $1,370 $71,900 $0 $0
2021 $1,331 $69,810 $0 $0
2020 $1,293 $67,780 $0 $0
2019 $1,286 $65,810 $0 $0
2018 $1,269 $0 $0 $0
2017 $1,146 $0 $0 $0
2016 $1,091 $0 $0 $0
2015 $1,100 $0 $0 $0
2014 $1,064 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenn Hill

    Seller's Agent in 2019

    Jenn Hill

    eXp Realty LLC

    (971) 208-2800

    1 in this area

    111 Total Sales

    Jenn Hill
    Section Image
  • Allyson Puentes

    Buyer's Agent in 2019

    Allyson Puentes

    eXp Realty LLC

    (503) 931-6622

    3 in this area

    122 Total Sales

    Allyson Puentes
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19490695

Regional Multiple Listing Service (RMLS)

APN: 571056

Oregon Marion County Salem 97302 Southeast Salem

1374 Tripp St SE, Salem, OR

This home is located at 1374 Tripp St SE, Salem, OR 97302 since 28 September 2019 and is currently estimated at $302,121, approximately $253 per square foot. This property was built in 1905. 1374 Tripp St SE is a home located in Marion County with nearby schools including Bush Elementary School, Leslie Middle School, and South Salem High School.

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