$599,000
SOLD AUG 5, 2025

1487 Waller St SE Unit 1495 Salem, OR 97302

Southeast Salem Neighborhood
8 Beds
4 Baths
3,332 Sq Ft
5,250 Sq Ft Lot

Recently Sold

$180 Per Sq Ft

88 Days on Market

Highlights

  • Territorial View
  • Laundry Facilities
  • Carpet
  • Baseboard Heating
  • High Speed Internet

About This Home

As of August 2025

4-Plex with 2 bedroom 1 bath units with a total of 4 off street parking spaces. On site utility room with coin operated washer/dryer. Do not disturb tenants.

Last Agent to Sell the Property

JOHN ZOBRIST

EXP REALTY, LLC License #201237372 Listed on: 05/03/2025

EXP REALTY, LLC

Last Buyer's Agent

MARCO SANCHEZ HERNANDEZ

REALTY OF AMERICA, LLC License #201224786

REALTY OF AMERICA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,480

Year Built

  • Built in 1964

Lot Details

  • 5,250 Sq Ft Lot
  • Lot Dimensions are 50x105

Home Design

  • Quadruplex
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 3,332 Sq Ft Home
  • Territorial Views
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Flood Zone Lot

Schools

  • Bush Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenant Property
  • Legal Lot and Block 4 / 15

Community Details

Overview

  • 4 Units
  • Depot Addition Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $696
  • Trash Expense $1,205
  • Water Sewer Expense $2,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,480

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Range Included
  • Syndicated Remarks: 4-Plex with 2 bedroom 1 bath units with a total of 4 off street parking spaces. On site utility room with coin operated washer/dryer. Do not disturb tenants.
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Tenant Property
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Laundry: Laundry Center
  • Price Per Sq Ft: 179.77
  • Price Per Sq Ft: 179.77

Exterior Features

  • Exterior Color: Grey
  • Foundation: Continuous
  • Roof: Composition
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Baseboard
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Electric: 696
  • Garbage: 1205
  • Sewer: City
  • Water/Sewer: 2820

Schools

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

Lot Info

  • Acres: 0.12
  • Estimated Lot Dimensions: 50x105
  • Estimated Lot Sq Ft: 5250
  • Flood Plain: Yes
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 4991666.67
  • Zoning: RM
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 571068
  • Tax Amount: 4480

Multi Family

  • Number Of Units: 4

MLS Schools

  • HighSchool: South Salem
  • Middle School: Leslie
  • Elementary School: Bush

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2025
Closed on
Aug 1, 2025
Sold by
Carson Raymond E and Carson Teresa L
Bought by
Xanis Rentals Llc
Seller's Agent
JOHN ZOBRIST
EXP REALTY, LLC
Buyer's Agent
MARCO SANCHEZ HERNANDEZ
REALTY OF AMERICA, LLC
List Price
$599,000
Sold Price
$599,000
Total Days on Market
88
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.40%

Purchase Details

Closed on
Nov 30, 2004
Sold by
Honyak Sophia
Bought by
Carson Raymond E and Carson Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Contract Of Sale $599,000 Ticor Title
Warranty Deed $175,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $140,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Sold $599,000 0.0% $180 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $599,000 0.0% $180 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/03/2025 05/03/25 For Sale $599,000 -- $180 / 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 $4,481 $228,200 -- --
2023 $4,349 $221,560 $0 $0
2022 $4,100 $215,110 $0 $0
2021 $3,983 $208,850 $0 $0
2020 $3,986 $202,770 $0 $0
2019 $3,846 $196,870 $0 $0
2018 $3,797 $0 $0 $0
2017 $3,427 $0 $0 $0
2016 $3,264 $0 $0 $0
2015 $3,289 $0 $0 $0
2014 $3,183 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JOHN ZOBRIST

    Seller's Agent in 2025

    JOHN ZOBRIST

    EXP REALTY, LLC

    (503) 931-5020

    1 in this area

    21 Total Sales

    JOHN ZOBRIST
    Section Image
  • MARCO SANCHEZ HERNANDEZ

    Buyer's Agent in 2025

    MARCO SANCHEZ HERNANDEZ

    REALTY OF AMERICA, LLC

    (503) 926-1375

    5 in this area

    233 Total Sales

    MARCO SANCHEZ HERNANDEZ
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 828670

Willamette Valley MLS

APN: 571068

Oregon Marion County Salem 97302 Southeast Salem

1487 Waller St SE Unit 1495, Salem, OR

This home is located at 1487 Waller St SE Unit 1495, Salem, OR 97302 and is currently priced at $599,000, approximately $179 per square foot. This property was built in 1964. 1487 Waller St SE Unit 1495 is a home located in Marion County with nearby schools including Bush 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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