NOT LISTED FOR SALE

1453 Clay St NE Unit 1463 Salem, OR 97301

East Lancaster Neighborhood

Estimated Value: $323,000 - $462,000

4 Beds
2 Baths
1,888 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $158,200 $84 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,283/month

25 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Property is near a bus stop
  • Attached Garage
  • Parking Storage or Cabinetry
  • Level Lot

About This Home

As of May 2013

Solid built and well cared for Duplex. 2 bedrms 1 bath per unit. Single car garages. Close to schools and shopping and I-5 access

Last Agent to Sell the Property

Laurie Davis

Coldwell Banker Mountain West License #920600052 Listed on: 03/08/2013

Coldwell Banker Mountain West

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 6,970

Interior Spaces

  • 1-Story Property
  • Storage
  • Wood Flooring
  • Range

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Additional Features

  • Level Lot
  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1888
  • Stories: 1
  • Year Built: 1967
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HELTZELS GARDEN TRACTS 2ND AMENDED, BLOCK 1, LOT FR
  • Storage: Attached, Garage(s)

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Wood Floors

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: RM

Tax Info

  • Tax Amount: 1840.30
  • Assessor Parcel Number: R76500

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.94

MLS Schools

  • Elementary School: Swegle
  • High School: McKay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
May 16, 2013
Sold by
Wilson Douglas K
Bought by
Nagra Onkar Singh and Nagra Parveen Kaur
Seller's Agent
Laurie Davis
Coldwell Banker Mountain West
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$159,900
Sold Price
$158,200
Premium/Discount to List
-$1,700
-1.06%
Current Estimated Value
$382,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,428
Avg. Annual Appreciation
7.85%
Original Mortgage
$118,650
Outstanding Balance
$83,864
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$325,849

Purchase Details

Closed on
Mar 13, 2009
Sold by
Wilson James L
Bought by
Wilson James L and James L Wilson Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Nagra Onkar Singh $158,200 Fatco
Wilson James L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagra Onkar Singh $118,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2013 05/22/13 Sold $158,200 -1.1% $84 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $159,900 -- $85 / 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
2025 $3,266 $171,340 -- --
2024 $3,266 $166,350 -- --
2023 $3,170 $161,510 $0 $0
2022 $2,989 $156,810 $0 $0
2021 $2,904 $152,250 $0 $0
2020 $2,819 $147,820 $0 $0
2019 $2,720 $143,520 $0 $0
2018 $2,768 $0 $0 $0
2017 $2,498 $0 $0 $0
2016 $2,380 $0 $0 $0
2015 $2,398 $0 $0 $0
2014 $2,313 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie Davis

    Seller's Agent in 2013

    Laurie Davis

    Coldwell Banker Mountain West

    (503) 851-2456

    87 Total Sales

    Laurie Davis
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13498877

Regional Multiple Listing Service (RMLS)

APN: 576500

Oregon Marion County Salem 97301 East Lancaster

1453 Clay St NE Unit 1463, Salem, OR

Not Listed for Sale

MultiFamily

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