NOT LISTED FOR SALE

141 Hrubetz (- 175) Rd SE Salem, OR 97302

Faye Wright Neighborhood
20 Beds
10 Baths
23,819 Sq Ft
0.55 Acres

Last Sold June 06, 2018

Last sale price $1,100,000 $46 Per Sq Ft

11 Days on Market

Highlights

  • 0.55 Acre Lot
  • Laundry Facilities
  • Carpet
  • Forced Air Heating System
  • Dining Area
  • 4-minute walk to Wendy Kroger Park

About This Home

As of June 2018

Listing Broker is related to seller. Laundry room onsite. Large parking area. Property is one block away from Sunnyslope Shopping Center which is very convenient to tenants. Average rents are $857 & highest rent at property is $925. Most units rehabbed with paint, carpet/vinyl & like kind fixtures over the last two years. New exterior paint two years ago. Significant upside potential by simply equalizing rents at the $925 level the property is already achieving. The operating numbers are actual.

Last Listed By

JARED STASCH

COLDWELL BNKR/COMMERCIAL DIV License #201207848 Listed on: 03/09/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,867

Year Built

  • Built in 1970

Lot Details

  • 0.55 Acre Lot
  • Sprinkler System

Home Design

  • Shingle Roof
  • Vinyl Siding
  • T111 Siding

Interior Spaces

  • 23,819 Sq Ft Home
  • Dining Area

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 8200

Community Details

Overview

  • 10 Units
  • Cardinal Court Community

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $655
  • Fuel Expense $367
  • Insurance Expense $1,636
  • Maintenance Expense $5,500
  • Trash Expense $2,099
  • Water Sewer Expense $4,456
  • Operating Expense $33,312
  • Net Operating Income $64,134

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,867

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Gas, Microwave Included
  • Syndicated Remarks: Listing Broker is related to seller. Laundry room onsite. Large parking area. Property is one block away from Sunnyslope Shopping Center which is very convenient to tenants. Average rents are $857 & highest rent at property is $925. Most units rehabbed with paint, carpet/vinyl & like kind fixtures over the last two years. New exterior paint two years ago. Significant upside potential by simply equalizing rents at the $925 level the property is already achieving. The operating numbers are actual.
  • Miscellaneous: 1778
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 10
  • Total Bedrooms: 20
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Price Per Sq Ft: 46.18
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 45.43

Exterior Features

  • Exterior Color: Taupe
  • Landscape: Irrigation System
  • Roof: Shingle
  • Siding: Vinyl
  • Siding Style: T111

Utilities

  • Heating: Forced Air
  • Water: City
  • Water Heater: Gas
  • Electric: 655
  • Garbage: 2099
  • Gas: 367
  • Insurance: 1636
  • Sewer: City
  • Water/Sewer: 4456

Condo/Co-op/Association

  • Maintenance: 5500
  • Mgmt Acct: 7269

Schools

  • Elementary School: Liberty
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 0.55
  • Lot: 8200
  • Price Per Acre: 1967272.73
  • Zoning: RM2
  • Property Name: Cardinal Court
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 33312

Multi Family

  • Additional Land Available: 97446
  • Net Income: 64134
  • Gross Sched Income: 99936
  • Unit Types: Flat
  • Number Of Units: 10

Tax Info

  • Tax Account Number: 083W09AC08
  • Tax Amount: 6867

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

Property History

Date Event Price Change Sq Ft Price
06/06/2018 06/06/18 Sold $1,100,000 0.0% $46 / Sq Ft
05/08/2018 05/08/18 Off Market $1,100,000 -- --
03/09/2018 03/09/18 For Sale $1,082,000 -- $45 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    JARED STASCH

    COLDWELL BNKR/COMMERCIAL DIV

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Map

Source: Willamette Valley MLS

MLS Number: 730384

Willamette Valley MLS

Oregon Marion County Salem 97302 Faye Wright

141 Hrubetz (- 175) Rd SE, Salem, OR

Homes for Sale in Salem, OR

This home is located at 141 Hrubetz (- 175) Rd SE, Salem, OR 97302 since 09 March 2018. This property was built in 1970. 141 Hrubetz (- 175) Rd SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague 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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