NOT LISTED FOR SALE

1390 Franklin St NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $370,000 - $458,000

4 Beds
3 Baths
2,749 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $154,000 $56 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,441/month

119 Days on Market

Highlights

  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Lower Floor Utility Room
  • Wood Flooring
  • Breakfast Area or Nook
  • 3-minute walk to West Salem Park

About This Home

As of October 2014

This home is located at 1390 Franklin St NW, Salem, OR 97304 since 21 March 2014 and is currently estimated at $407,957, approximately $148 per square foot. This property was built in 1948. 1390 Franklin St NW is a home located in Polk County with nearby schools including Kalapuya Elementary School, Walker Middle School, and West Salem High School.

Last Agent to Sell the Property

Krystal Kraig

HOMESMART REALTY GROUP License #200305163 Listed on: 03/21/2014

HOMESMART REALTY GROUP

Last Buyer's Agent

Robin Ramirez

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #200201202

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1948

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Parking

  • 1 Car Attached Garage

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Asbestos Siding

Interior Spaces

  • 2,749 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,327

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 3 Tri-Level
  • Dual Living: Yes
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Amazing opportunity for multi-family living situation or investment. Great sf price: Separate units: main unit has gleaming refinish hardwoods, wood burning fireplace, 2 large bedrooms, 2 baths, a full basement, new gas furnace and a 1 car garage. The upstairs unit with separate entrance has 2 bedrooms, a kitchen and a bath in additional to living and storage areas. 2749 SF. Great rental history and location. Motivated sellers!
  • Cross Street: Rosemont
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Flooring: Carpet, Wood
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 1
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: 2/Upper
  • Additional Room: On Level: 2/Upper
  • Basement: Full
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Breakfast Room/Nook
  • Price Per Sq Ft: 56.02
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 56.71

Exterior Features

  • Patio: Patio
  • Exterior Color: Blue
  • Fenced Yard: Partial
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Asbestos
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Electric
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Myers
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 5000
  • Lot: 1
  • Price Per Acre: 1417272.73
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 313159
  • Tax Amount: 2327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Sep 10, 2014
Sold by
Bray Patrick W and Chase Rodney A
Bought by
Montemayor Tami
Seller's Agent
Krystal Kraig
HOMESMART REALTY GROUP
Buyer's Agent
Robin Ramirez
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$159,000
Sold Price
$154,000
Premium/Discount to List
-$5,000
-3.14%
Current Estimated Value
$407,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,957
Avg. Annual Appreciation
9.25%
Original Mortgage
$147,384
Outstanding Balance
$113,192
Interest Rate
4.07%
Mortgage Type
FHA
Estimated Equity
$294,765
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
Montemayor Tami $154,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Tami $60,000
Open Montemayor Tami $147,384
Previous Owner Chase Rodney A $118,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $154,000 -3.1% $56 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $159,000 -- $58 / 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
2025 $3,331 $182,060 $36,760 $145,300
2024 $3,331 $176,760 $35,690 $141,070
2023 $3,235 $171,620 $34,650 $136,970
2022 $3,131 $166,630 $33,640 $132,990
2021 $3,042 $161,780 $32,660 $129,120
2020 $2,951 $157,070 $31,710 $125,360
2019 $2,848 $152,500 $30,780 $121,720
2018 $2,801 $148,060 $29,890 $118,170
2017 $2,524 $143,750 $29,020 $114,730
2016 $2,464 $139,570 $28,170 $111,400
2015 $2,485 $135,510 $27,350 $108,160
2014 $2,375 $131,570 $26,550 $105,020
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Krystal Kraig

    HOMESMART REALTY GROUP

    (503) 260-3910

    3 in this area

    10 Total Sales

    Krystal Kraig
    Section Image
  • Robin Ramirez

    Buyer's Agent in 2014

    Robin Ramirez

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 851-6683

    5 in this area

    148 Total Sales

    Robin Ramirez
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 674457

Willamette Valley MLS

APN: 313159

Oregon Polk County Salem 97304 West Salem

1390 Franklin St NW, Salem, OR

This home is located at 1390 Franklin St NW, Salem, OR 97304 since 21 March 2014 and is currently estimated at $407,957, approximately $148 per square foot. This property was built in 1948. 1390 Franklin St NW is a home located in Polk County with nearby schools including Kalapuya Elementary School, Walker Middle School, and West Salem High School.

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.

Willamette Valley MLS 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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