NOT LISTED FOR SALE

1500 Hawthorne (Blk) Ave NE Salem, OR 97301

Northeast Salem Neighborhood

Estimated Value: $254,356

0.43 Acre
$591,526 Price per Acre
18,731 Sq Ft Lot

Last Sold August 22, 2024

Last sale price $250,000

Est. 2% increase in value since last sale

Current estimated payment $1,724/month

3 Days on Market

Highlights

  • 0.43 Acre Lot
  • No HOA
  • No Heating
  • Territorial View

About This Lot

As of August 2024

Location, Location, Location! Bare land with I-5 frontage near the Market St. exit with easy on/off I-5 and lots of traffic. This property has billboard income, is flat and ready for your ideas! Zoned Salem-MU-III, which has lots of options. Buyer to do their due diligence on property uses. Seller is related to listing real estate agent.

Last Agent to Sell the Property

Sarah Freitag

Windermere Pacific West Prop. License #201209587 Listed on: 07/30/2024

Windermere Pacific West Prop.

Last Buyer's Agent

Catherine Underwood-Bush

Cheddar Realty LLC License #200703199

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,501

Lot Details

  • 0.43 Acre Lot
  • Property is zoned MU-III

Home Design

  • Mixed Use

Schools

  • Hoover Elementary School
  • Parrish Middle School
  • North Salem High School

Additional Features

  • Territorial Views
  • Phone Available

Community Details

  • No Home Owners Association
  • Garden City Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 574520

Property Details

Property Type

Land

Est. Annual Taxes

$4,501

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MixedUse
  • Property Attached Yn: No
  • CropLandLeaseYN: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Lot Size: 15,000 to 19,999 SqFt
  • Waterfront: No
  • View: Yes
  • Road Frontage: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • View: Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, PhoneAvailable, PublicSewer, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hoover
  • High School: North Salem
  • Middle Or Junior School: Parrish

Lot Info

  • Zoning: MU-III
  • Present Use: Commercial, MultiFamily, Office
  • Land Lease: No
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18730.0
  • Parcel #: 574520

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4501.12
  • Tax Opportunity Zone: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Aug 20, 2024
Sold by
Walter I Ivie Trust and Sundvall Julie Ann
Bought by
Ruiz Luis
Seller's Agent
Sarah Freitag
Windermere Pacific West Prop.
Buyer's Agent
Catherine Underwood-Bush
Cheddar Realty LLC
List Price
$350,000
Sold Price
$250,000
Premium/Discount to List
-$100,000
-28.57%
Views
5
Current Estimated Value
$254,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,356
Avg. Annual Appreciation
1.55%

Purchase Details

Closed on
Apr 8, 2011
Sold by
Ivie Walter I
Bought by
Ivie Walter I and The Walter I Ivie 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
Ruiz Luis $250,000 Fidelity National Title
Ivie Walter I -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $250,000 -28.6% --
08/02/2024 08/02/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $350,000 -- --
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 $4,497 $235,000 $235,000 --
2023 $4,501 $235,000 $235,000 $0
2022 $4,364 $235,000 $0 $0
2021 $4,366 $235,000 $0 $0
2020 $4,364 $235,000 $0 $0
2019 $4,336 $235,000 $0 $0
2018 $4,361 $0 $0 $0
2017 $4,047 $0 $0 $0
2016 $3,969 $0 $0 $0
2015 $4,959 $0 $0 $0
2014 $4,799 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24463478

Regional Multiple Listing Service (RMLS)

APN: 574520