$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

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

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

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Range of Values:

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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
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

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Map

Source: Willamette Valley MLS

MLS Number: 828670

Willamette Valley MLS

APN: 571068