NOT LISTED FOR SALE

1415 4th St NE Salem, OR 97301

Grant Neighborhood

Estimated Value: $420,000 - $472,596

6 Beds
3 Baths
2,775 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $375,000 $135 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,730/month

197 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Fenced Yard
  • Forced Air Heating System
  • First Floor Utility Room
  • Landscaped
  • High Speed Internet

About This Home

As of March 2022

ATTN INVESTORS! Large 9 bedroom home on spacious RM zoned lot. New roof September 2018. Currently being used as a non-profit group home. Lease is $2093/month with tenant paying all utilities, landscaping costs and annual sprinkler system testing. 100% property tax exemption. 866 sq/ft unfinished basement. 2.5% annual increase built into lease. Easy to manage investment. See Multi Family Listing # 781838

Last Agent to Sell the Property

Don Madsen

HOMESMART REALTY GROUP License #780303524 Listed on: 07/26/2021

HOMESMART REALTY GROUP

Last Buyer's Agent

Katelyn Hauge

LEGACY REAL ESTATE License #201205554

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1915

Lot Details

  • 9,516 Sq Ft Lot
  • Lot Dimensions are 77.8 x 122.5
  • Fenced Yard
  • Landscaped
  • Property is zoned RM

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,775 Sq Ft Home
  • 2-Story Property
  • First Floor Utility Room
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 4 Fr 3 / 38

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,801

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Yes
  • Syndicated Remarks: ATTN INVESTORS! Large 9 bedroom home on spacious RM zoned lot. New roof September 2018. Currently being used as a non-profit group home. Lease is $2093/month with tenant paying all utilities, landscaping costs and annual sprinkler system testing. 100% property tax exemption. 866 sq/ft unfinished basement. 2.5% annual increase built into lease. Easy to manage investment. See Multi Family Listing # 781838
  • Cross Street: Hood
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 6
  • 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: Unfinished
  • Dining Room: On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 135.14
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 144.11

Exterior Features

  • Exterior Color: White
  • Fenced Yard: Yes
  • Landscape: Yes
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Forced Air, Gas
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: City

Schools

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.22
  • Estimated Lot Dimensions: 77.8 x 122.5
  • Estimated Lot Sq Ft: 9516
  • Lot: 4 Fr 3
  • Price Per Acre: 1817727.27
  • Zoning: RM
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R84497
  • Tax Years: 21-22
  • Tax Account Number: R84497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Mar 9, 2022
Sold by
Single Oak Llc
Bought by
Gould Rodney D
Seller's Agent
Don Madsen
HOMESMART REALTY GROUP
Buyer's Agent
Katelyn Hauge
LEGACY REAL ESTATE
List Price
$429,000
Sold Price
$375,000
Premium/Discount to List
-$54,000
-12.59%
Current Estimated Value
$442,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,899
Original Mortgage
$281,250
Outstanding Balance
$268,316
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2016
Sold by
Dillow James W and Ferris Dwight L
Bought by
Single Oaks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Dillow James W and Ferris Dwight L

Purchase Details

Closed on
Nov 15, 2007
Sold by
Gonzalez Jody
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Loan Trust 2006-He4

Purchase Details

Closed on
Jun 23, 2004
Sold by
Savoie J Robert
Bought by
Gonzalez Jody
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
Gould Rodney D $375,000 Fidelity National Title
Single Oaks Llc -- First American
Dillow James W -- Fatco
Deutsche Bank National Trust Co $205,685 Fatco
Gonzalez Jody $115,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gould Rodney D $281,250
Previous Owner Single Oaks Llc $169,000
Previous Owner Dillow James W $180,500
Previous Owner Gonzalez Jody $3,751
Previous Owner Gonzalez Jody $180,000
Previous Owner Gonzalez Jody $147,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $375,000 -6.2% $135 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
10/12/2021 10/12/21 Price Changed $399,900 -6.8% $144 / Sq Ft
07/26/2021 07/26/21 For Sale $429,000 -- $155 / 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 $3,801 $193,600 -- --
2023 $3,689 $187,970 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 $2,624 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Madsen

    Seller's Agent in 2022

    Don Madsen

    HOMESMART REALTY GROUP

    (503) 851-1366

    1 in this area

    23 Total Sales

    Section Image
  • Katelyn Hauge

    Buyer's Agent in 2022

    Katelyn Hauge

    LEGACY REAL ESTATE

    (503) 428-4259

    1 in this area

    46 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 781078

Willamette Valley MLS

APN: 584497

Oregon Marion County Salem 97301 Grant

1415 4th St NE, Salem, OR

This home is located at 1415 4th St NE, Salem, OR 97301 since 26 July 2021 and is currently estimated at $442,899, approximately $159 per square foot. This property was built in 1915. 1415 4th St NE is a home located in Marion County with nearby schools including Grant Community School, Parrish Middle School, and North 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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