NOT LISTED FOR SALE

1450 Salishan St SE Unit 1456 Salem, OR 97302

Morningside Neighborhood

Estimated Value: $366,835 - $810,000

16 Beds
8 Baths
7,424 Sq Ft
$80/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $355,500 $48 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,752/month

9 Days on Market

Highlights

  • 0.48 Acre Lot
  • Fenced Yard
  • Landscaped
  • Deck
  • Patio
  • Baseboard Heating

About This Home

As of April 2013

This home is located at 1450 Salishan St SE Unit 1456, Salem, OR 97302 since 25 February 2013 and is currently estimated at $595,459, approximately $80 per square foot. This property was built in 1976. 1450 Salishan St SE Unit 1456 is a home located in Marion County with nearby schools including Morningside Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 02/25/2013

Last Buyer's Agent

VASSA BODUNOV

HOMESMART REALTY GROUP License #201248001

HOMESMART REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,773

Year Built

  • Built in 1976

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 155 x 133
  • Fenced Yard
  • Landscaped

Home Design

  • Composition Roof
  • Built-Up Roof
  • T111 Siding

Interior Spaces

  • 7,424 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Items belonging to tenants
  • Legal Lot and Block 4, 5 / 2

Community Details

Overview

  • 8 Units
  • Salishan Court Community

Building Details

  • Insurance Expense $1,600
  • Maintenance Expense $5,800
  • Water Sewer Expense $6,327
  • Operating Expense $25,776

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,773

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Dual Living: Yes
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Two four-plexes priced for immediate sale. Long term tenants. Fully appliance kitchens, washer/dryer hookups, patios or decks. Fenced, carports, newer roofs, vinyl windows. On .48 acre. South with easy I-5 access. On two tax lots.
  • Cross Street: Pringle
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Items belonging to tenants
  • Negotiable Inclusions: Ranges & Refrigerators
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 8
  • Total Bedrooms: 16
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 47.89
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 47.14

Exterior Features

  • Patio: Deck, Patio
  • Exterior Color: White
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition, Built-Up
  • Siding Style: T111

Utilities

  • Heating: Electric, Baseboard
  • High Speed Comm Access: Unknown
  • Water: City
  • Water Heater: Electric
  • Insurance: 1600
  • Sewer: City
  • Water/Sewer: 6327

Condo/Co-op/Association

  • Maintenance: 5800
  • Mgmt Acct: 5273

Schools

  • Elementary School: Morningside
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.48
  • Estimated Lot Dimensions: 155 x 133
  • Estimated Lot Sq Ft: 20908
  • Lot: 4, 5
  • Lot Type: Dimension Above
  • Price Per Acre: 729166.67
  • Zoning: RM2
  • Property Name: Salishan Court
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 25776

Multi Family

  • Additional Land Available: 52725
  • Gross Sched Income: 55500
  • Number Of Units: 8

Tax Info

  • Tax Account Number: R80349/R80350
  • Tax Amount: 6773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2014
Sold by
Murt Michael E and Beck Marsha C
Bought by
The Beck Murt Family Trust
Total Days on Market
9
Current Estimated Value
$595,459

Purchase Details

Listed on
Feb 25, 2013
Closed on
Apr 26, 2013
Sold by
Stumbo John and Stumbo Joanna
Bought by
Murt Michael E and Beck Marsha C
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
VASSA BODUNOV
HOMESMART REALTY GROUP
List Price
$350,000
Sold Price
$355,500
Premium/Discount to List
$5,500
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$133,312
Outstanding Balance
$96,317
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$499,142

Purchase Details

Closed on
Jun 29, 2005
Sold by
Hartwell Stephen and Hartwell Christine
Bought by
Stumbo John and Stumbo Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
The Beck Murt Family Trust -- None Available
Murt Michael E $177,750 Amerititle
Stumbo John -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murt Michael E $133,312
Previous Owner Stumbo John $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $355,500 +1.6% $48 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $350,000 -- $47 / 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 $5,113 $260,390 -- --
2023 $4,962 $252,810 $0 $0
2022 $4,678 $245,450 $0 $0
2021 $4,545 $238,310 $0 $0
2020 $4,412 $231,370 $0 $0
2019 $4,257 $224,640 $0 $0
2018 $4,333 $0 $0 $0
2017 $3,910 $0 $0 $0
2016 $3,725 $0 $0 $0
2015 $3,753 $0 $0 $0
2014 $3,632 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gladys Blum

    Seller's Agent in 2013

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    15 in this area

    814 Total Sales

    Gladys Blum
    Section Image
  • VASSA BODUNOV

    Buyer's Agent in 2013

    VASSA BODUNOV

    HOMESMART REALTY GROUP

    (503) 951-1020

    1 in this area

    36 Total Sales

    VASSA BODUNOV
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 661173

Willamette Valley MLS

APN: 580349

Oregon Marion County Salem 97302 Morningside

1450 Salishan St SE Unit 1456, Salem, OR

This home is located at 1450 Salishan St SE Unit 1456, Salem, OR 97302 since 25 February 2013 and is currently estimated at $595,459, approximately $80 per square foot. This property was built in 1976. 1450 Salishan St SE Unit 1456 is a home located in Marion County with nearby schools including Morningside Elementary School, Leslie Middle School, and South 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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