NOT LISTED FOR SALE

1519 Salishan St SE Unit 1529 Salem, OR 97302

Morningside Neighborhood
17 Beds
12 Baths
9,161 Sq Ft
0.27 Acres

Last Sold April 25, 2018

Last sale price $675,000 $74 Per Sq Ft

83 Days on Market

About This Home

As of April 2018

South Salem investment opportunity! Cash flowing 6plex 100% occupied and ready to go. Property features 3 attached garage spaces and extra open and carport parking. Newer roof and some units have updating. Do Not Disturb Tenants.

Last Agent to Sell the Property

Devin Thiele

Sparrow Real Estate, LLC License #201206009 Listed on: 01/20/2018

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.27

Parking

  • Garage
  • Open Parking

Interior Spaces

  • 3-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 6 Units
  • Property managed by Northwest Property Management

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

9

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 9161
  • Stories: 3
  • Year Built: 1977
  • Property Condition: Existing
  • Remarks Public: South Salem investment opportunity! Cash flowing 6plex 100% occupied and ready to go. Property features 3 attached garage spaces and extra open and carport parking. Newer roof and some units have updating. Do Not Disturb Tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LAGUNA VILLAGE SOUTH II SUBDIVISION, BLOCK 1, LOT 3, ACRES 0.27

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 9
  • Parking Description: Open, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Management Name: Northwest Property Management
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Zoning: RM2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 5650.87
  • Assessor Parcel Number: R80376

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 10.50

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $675,000 -20.6% $74 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $850,000 -- $93 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Devin Thiele

    Seller's Agent in 2018

    Devin Thiele

    Sparrow Real Estate, LLC

    (503) 609-0339

    2 in this area

    62 Total Sales

    Devin Thiele
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18303242

Regional Multiple Listing Service (RMLS)

APN: 083W02BD00700

Oregon Marion County Salem 97302 Morningside

1519 Salishan St SE Unit 1529, Salem, OR

This home is located at 1519 Salishan St SE Unit 1529, Salem, OR 97302 since 20 January 2018. This property was built in 1977. 1519 Salishan St SE Unit 1529 is a home located in Marion County with nearby schools including Morningside 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.

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