NOT LISTED FOR SALE

Estimated Value: $292,000 - $402,000

2 Beds
1 Bath
1,163 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $275,000 $236 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,989/month

139 Days on Market

Highlights

  • Living Room with Fireplace
  • 1 Car Attached Garage
  • 1-Story Property
  • Wood Flooring
  • Patio
  • Forced Air Heating System

About This Home

As of September 2024

Investment opportunity w/long term tenant already in place, eager to stay! This classic home has timeless features including wood floors, coved ceilings & LRG BRs. Private backyard, w/space for outdoor gatherings & gardening.Attached garage has small shop area ideal for storage or DIY projects. This is an investment opportunity w/a proven tenant who values the space & wishes to continue calling it home. Property w/long-term rental potential. Showing only w/acceptable offer. Pics from before current tenant.

Last Agent to Sell the Property

Christine Folz

REAL BROKER License #201204657 Listed on: 04/26/2024

REAL BROKER

Last Buyer's Agent

SHANNON TOURVILLE

JMG JASON MITCHELL GROUP-SALEM License #201242047

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,288

Year Built

  • Built in 1946

Lot Details

  • 5,600

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,163 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Patio
  • 5,600 Sq Ft Lot

Community Details

  • Orchard Park Add Subdivision

Listing and Financial Details

  • Exclusions: All tenant personal property
  • Tax Lot 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,288

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Investment opportunity w/long term tenant already in place, eager to stay! This classic home has timeless features including wood floors, coved ceilings & LRG BRs. Private backyard, w/space for outdoor gatherings & gardening.Attached garage has small shop area ideal for storage or DIY projects. This is an investment opportunity w/a proven tenant who values the space & wishes to continue calling it home. Property w/long-term rental potential. Showing only w/acceptable offer. Pics from before current tenant.
  • Year Built: 1946
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Exclusions: All tenant personal property
  • Fireplace: Living Room
  • Negotiable Inclusions: Kitchen applainces
  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Exterior Color: Tan
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Composite
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Electric

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5600
  • Lot: 11
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 23-24
  • Tax Amount: 2288

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish
  • Elementary School: Englewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Sep 10, 2024
Sold by
Adams Properties Llc
Bought by
Marcum Adam Colin
Seller's Agent
Christine Folz
REAL BROKER
Buyer's Agent
SHANNON TOURVILLE
JMG JASON MITCHELL GROUP-SALEM
List Price
$275,000
Sold Price
$275,000
Views
130
Current Estimated Value
$340,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,999
Avg. Annual Appreciation
18.94%
Original Mortgage
$220,000
Outstanding Balance
$217,239
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$123,760

Purchase Details

Closed on
May 14, 2014
Sold by
Adams David A
Bought by
Adams Properties Llc

Purchase Details

Closed on
Aug 28, 2003
Sold by
Adams Rick D and Adams Dennette D
Bought by
Adams David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marcum Adam Colin $275,000 Ticor Title
Adams Properties Llc -- None Available
Adams David H -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcum Adam Colin $220,000
Previous Owner Adams David H $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $275,000 0.0% $236 / Sq Ft
04/26/2024 04/26/24 For Sale $275,000 -- $236 / 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
2025 $2,357 $123,660 -- --
2024 $2,357 $120,060 -- --
2023 $2,288 $116,570 $0 $0
2022 $2,157 $113,180 $0 $0
2021 $2,096 $109,890 $0 $0
2020 $2,035 $106,690 $0 $0
2019 $1,963 $103,590 $0 $0
2018 $1,998 $0 $0 $0
2017 $1,803 $0 $0 $0
2016 $1,718 $0 $0 $0
2015 $1,731 $0 $0 $0
2014 $1,675 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 816150

Willamette Valley MLS

APN: 585487