NOT LISTED FOR SALE

1475 Orchardview Ave NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $628,343 - $684,000

5 Beds
9 Baths
2,697 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $261,000 $97 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $4,242/month

2 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Level Lot
  • Fireplace
  • Washer and Dryer
  • Lap Siding

About This Home

As of June 2013

This duplex has never been rented! 1475 - Vaulted ceiling in living room. Kitchen semi-open to living room. Interior painted and new carpet! Deck. 1485 has deck off living room. This duplex is very tidy and a pleasure to show. Exterior painted in 2013. Single water meter for duplex.

Last Agent to Sell the Property

RICK AND ANDE HOFMANN

HomeSmart Realty Group License #780203767 Listed on: 05/06/2013

HomeSmart Realty Group

Last Buyer's Agent

James Hauge

Legacy Real Estate License #200107093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1997

Lot Details

  • 8,843

Parking

  • Attached Garage

Home Design

  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Washer and Dryer

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Level Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,882

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2697
  • Stories: 2
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: CREST HILL ESTATES PHASE 1 LOT 3

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Deck, Fireplace, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Kalapuya
  • Middle School: Straub
  • High School: West Salem

Lot Info

  • Lot Description: Corner, Level
  • Zoning: RS

Tax Info

  • Tax Amount: 4757.55
  • Assessor Parcel Number: 516903

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Kalapuya
  • High School: West Salem
  • Middle School: Straub

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2016
Sold by
Rock Phyllis Ann
Bought by
Chen Nuo
Total Days on Market
2
Current Estimated Value
$655,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$145,945
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$517,647

Purchase Details

Listed on
May 6, 2013
Closed on
Jun 27, 2013
Sold by
Anderson James and Kelly Teresa
Bought by
Tocher William and William Tocher Revocable Living Trust
Seller's Agent
RICK AND ANDE HOFMANN
HomeSmart Realty Group
Buyer's Agent
James Hauge
Legacy Real Estate
List Price
$259,900
Sold Price
$261,000
Premium/Discount to List
$1,100
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
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
06/28/2013 06/28/13 Sold $261,000 +0.4% $97 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $259,900 -- $96 / 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 $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

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13061170

Regional Multiple Listing Service (RMLS)

APN: 516903