NOT LISTED FOR SALE

1475 Orchardview (-1485) Ave NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $656,000 - $713,000

5 Beds
4.5 Baths
2,697 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $374,000 $139 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,160/month

8 Days on Market

Highlights

  • Deck
  • Loft
  • Forced Air Heating and Cooling System
  • Living Room with Fireplace
  • Landscaped
  • Washer and Dryer

About This Home

As of December 2016

Gorgeous townhome style duplex in nice area of West Salem! Bright and open with vaulted ceilings. Very well kept. Open kitchen with lots of cabinets for storage. Master bedroom on the main floor with a master suite in the 1485 unit. Great layout and almost 1700 sqft in unit 1475 with attached 2 car garage. Large bedrooms on the second floor. Great size deck for entertaining. Nice landscaping and Great investment property.

Last Agent to Sell the Property

James Hauge

LEGACY REAL ESTATE License #200107093 Listed on: 10/14/2016

Co-Listed By

Phil Bailey

LEGACY REAL ESTATE License #201219039

Last Buyer's Agent

Phil Bailey

LEGACY REAL ESTATE License #201219039

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,134

Year Built

  • Built in 1997

Lot Details

  • 8,820 Sq Ft Lot
  • Lot Dimensions are 80 x 105
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,697 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4.5 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Insurance Expense $800

Listing and Financial Details

  • Tax Lot 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,134

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Range Facility: Electric, Microwave Included
  • Syndicated Remarks: Gorgeous townhome style duplex in nice area of West Salem! Bright and open with vaulted ceilings. Very well kept. Open kitchen with lots of cabinets for storage. Master bedroom on the main floor with a master suite in the 1485 unit. Great layout and almost 1700 sqft in unit 1475 with attached 2 car garage. Large bedrooms on the second floor. Great size deck for entertaining. Nice landscaping and Great investment property.
  • Cross Street: Wallace Rd
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 4.5
  • Total Bedrooms: 5
  • Dining Room: Area (Combination)
  • Laundry: W/D Included
  • Bonus Rooms: Loft
  • Price Per Sq Ft: 138.67
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 139.04

Exterior Features

  • Patio: Deck
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Insurance: 800
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.2
  • Estimated Lot Dimensions: 80 x 105
  • Estimated Lot Sq Ft: 8820
  • Flood Plain: Unknown
  • Lot: 3
  • Price Per Acre: 1875000
  • Zoning: RS
  • Property Use Type: Investment

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 516903
  • Tax Account Number: 516903
  • Tax Amount: 5134

Multi Family

  • Gross Sched Income: 31800
  • Unit Types: Town Home
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 29, 2016
Sold by
Rock Phyllis Ann
Bought by
Chen Nuo
Seller's Agent
James Hauge
LEGACY REAL ESTATE
Buyer's Agent
Phil Bailey
LEGACY REAL ESTATE
List Price
$375,000
Sold Price
$374,000
Premium/Discount to List
-$1,000
-0.27%
Current Estimated Value
$673,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,663
Avg. Annual Appreciation
6.94%
Original Mortgage
$175,000
Outstanding Balance
$143,469
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$530,194

Purchase Details

Closed on
Jun 27, 2013
Sold by
Anderson James and Kelly Teresa
Bought by
Tocher William and William Tocher Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Anderson James M
Bought by
Anderson James M and James M Anderson Trust

Purchase Details

Closed on
Oct 16, 2007
Sold by
Anderson Janet I
Bought by
Anderson James M and Janet I Anderson Trust
Source: Public Records

Range of Values:

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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
Chen Nuo $374,000 Fidelity Natl Title Co Of Or
Tocher William $261,000 First American
Anderson James M -- None Available
Anderson James M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Nuo $175,000
Previous Owner Tocher William $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $374,000 -0.3% $139 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $375,000 -- $139 / 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 $6,882 $376,130 $73,220 $302,910
2024 $6,882 $365,180 $71,090 $294,090
2023 $6,682 $354,550 $69,020 $285,530
2022 $6,468 $344,230 $67,010 $277,220
2021 $6,284 $334,210 $65,060 $269,150
2020 $6,097 $324,480 $63,170 $261,310
2019 $5,884 $315,030 $61,330 $253,700
2018 $5,787 $305,860 $59,540 $246,320
2017 $5,215 $296,960 $57,810 $239,150
2016 $5,091 $288,320 $56,130 $232,190
2015 -- $274,980 $52,000 $222,980
Source: Public Records

Agents Affiliated with this Home

  • James Hauge

    Seller's Agent in 2016

    James Hauge

    LEGACY REAL ESTATE

    (503) 877-2101

    111 Total Sales

    James Hauge
    Section Image
  • Phil Bailey

    Seller Co-Listing Agent in 2016

    Phil Bailey

    LEGACY REAL ESTATE

    (503) 779-6967

    1 in this area

    45 Total Sales

    Phil Bailey
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 711169

Willamette Valley MLS

APN: 516903

Oregon Polk County Salem 97304 West Salem

1475 Orchardview (-1485) Ave NW, Salem, OR

This home is located at 1475 Orchardview (-1485) Ave NW, Salem, OR 97304 since 14 October 2016 and is currently estimated at $673,663, approximately $249 per square foot. This property was built in 1997. 1475 Orchardview (-1485) Ave NW is a home located in Polk County with nearby schools including Harritt 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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