NOT LISTED FOR SALE

1479 Gifford St SE Unit 1481 Salem, OR 97317

Southeast Mill Creek Neighborhood

Estimated Value: $636,793 - $727,000

6 Beds
5 Baths
3,166 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $685,000 $216 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,393/month

42 Days on Market

Highlights

  • Corner Lot
  • 1 Car Garage
  • High Speed Internet
  • 95% Forced Air Zoned Heating and Cooling System

About This Home

As of April 2023

Rent $1925/side/month. Can increase this year. Reliable paying tenants. 2023 New Fence, 2022 New Roof. 2020 Exterior paint. Both units have AC/gas heat, fireplace hot water, cooking. Most appliances newer includes WD. Large units. No smoke-pets. Custom cabinets, island, pantry. DO NOT DISTURB TENANTS. Tenants pay all utilities owner pays yard care. A great opportunity in neighborhood of single family homes. Expenses: taxes $5600, insurance $600, yard $960.

Last Agent to Sell the Property

B & L Propertie Plus

Four Seasons Realty LLC License #891000033 Listed on: 02/08/2023

Last Buyer's Agent

Mary Sproul

Mary A Sproul Real Estate License #900700107

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,601

Year Built

  • Built in 2007

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,166 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Miller Elementary School
  • Houck Middle School
  • North Salem High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 338420

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $6,602
  • Gross Income $46,200
  • Net Operating Income $39,598

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,601

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2007
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: ManMade
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Security: Sidewalk
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Miller
  • High School: North Salem
  • Middle Or Junior School: Houck

Lot Info

  • Zoning: RS
  • Parcel #: 338420

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 5600.77

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.04
  • Annual Gross Income: 46200.0
  • Property Net Operating Income: 39598.0
  • Annual Operating Expense: 6602.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Apr 20, 2023
Sold by
Binder Sharon J
Bought by
Sproul William D and Sproul Mary A
Seller's Agent
B & L Propertie Plus
Four Seasons Realty LLC
Buyer's Agent
Mary Sproul
Mary A Sproul Real Estate
List Price
$775,000
Sold Price
$685,000
Premium/Discount to List
-$90,000
-11.61%
Views
162
Current Estimated Value
$706,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,568
Avg. Annual Appreciation
1.63%
Original Mortgage
$296,500
Outstanding Balance
$290,227
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$420,553

Purchase Details

Closed on
Oct 25, 2016
Sold by
Keys Sean T
Bought by
Kb Investment Properties Llc

Purchase Details

Listed on
Mar 30, 2016
Closed on
Apr 11, 2016
Sold by
Uns Llc
Bought by
Binder Sharon J
Seller's Agent
Chet Graham
Realty First
Buyer's Agent
B & L Propertie Plus
Four Seasons Realty LLC
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Mar 26, 2007
Sold by
Avenue Development At Santiam Meadows #2
Bought by
Keys Sean T
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
Sproul William D $685,000 Amerititle
Kb Investment Properties Llc -- First American
Binder Sharon J $380,000 First American
Keys Sean T -- Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sproul William D $296,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $685,000 -1.4% $216 / Sq Ft
03/24/2023 03/24/23 Price Changed $695,000 -4.1% $220 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
02/16/2023 02/16/23 Price Changed $725,000 -6.5% $229 / Sq Ft
02/08/2023 02/08/23 For Sale $775,000 +103.9% $245 / Sq Ft
04/07/2016 04/07/16 Sold $380,000 0.0% $120 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $380,000 -- $120 / 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
2024 $6,301 $320,900 -- --
2023 $6,115 $311,560 $0 $0
2022 $5,766 $302,490 $0 $0
2021 $5,601 $293,680 $0 $0
2020 $5,437 $285,130 $0 $0
2019 $5,246 $276,830 $0 $0
2018 $5,339 $0 $0 $0
2017 $4,819 $0 $0 $0
2016 $4,590 $0 $0 $0
2015 $4,625 $0 $0 $0
2014 $4,476 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    B & L Propertie Plus

    Four Seasons Realty LLC

    (503) 789-1386

    1 in this area

    3 Total Sales

    Section Image
  • Mary Sproul

    Buyer's Agent in 2023

    Mary Sproul

    Mary A Sproul Real Estate

    (503) 507-5336

    2 in this area

    15 Total Sales

    Section Image
  • Chet Graham

    Seller's Agent in 2016

    Chet Graham

    Realty First

    (503) 999-9082

    1 in this area

    204 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23206468

Regional Multiple Listing Service (RMLS)

APN: 338420

Oregon Marion County Salem 97317 Southeast Mill Creek

1479 Gifford St SE Unit 1481, Salem, OR

This home is located at 1479 Gifford St SE Unit 1481, Salem, OR 97317 since 08 February 2023 and is currently estimated at $689,948, approximately $217 per square foot. This property was built in 2007. 1479 Gifford St SE Unit 1481 is a home located in Marion County with nearby schools including Miller Elementary School, Houck Middle School, and North Salem High School.

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