NOT LISTED FOR SALE

1548 Waller St SE Salem, OR 97302

Southeast Salem Neighborhood

Estimated Value: $362,000 - $393,000

4 Beds
2 Baths
1,486 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $237,500 $160 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,146/month

38 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Zoned Heating
  • Territorial View
  • Tile Flooring
  • Landscaped

About This Home

As of August 2018

CALLING ALL INVESTORS! Opportunity Knocks - Check out this property in Southeast Salem. A fully renovated duplex is a rare find in the market today. Each unit has two bedrooms, one bath, and features granite counter tops and laminate flooring. This opportunity WON'T LAST LONG..Call now!

Last Agent to Sell the Property

Shawn Richardson

OPT License #201210661 Listed on: 05/31/2018

OPT

Co-Listed By

Kaitlyn Richardson

EXP REALTY, LLC License #201219190

Last Buyer's Agent

Trevor Scharer

TRADITION REAL ESTATE PARTNERS License #201107050

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1922

Lot Details

  • 5,250 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding
  • T111 Siding

Interior Spaces

  • 1,486 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Dishwasher
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Net Operating Income $8,870

Listing and Financial Details

  • Tax Lot 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,197

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Syndicated Remarks: CALLING ALL INVESTORS! Opportunity Knocks - Check out this property in Southeast Salem. A fully renovated duplex is a rare find in the market today. Each unit has two bedrooms, one bath, and features granite counter tops and laminate flooring. This opportunity WON'T LAST LONG..Call now!
  • Cross Street: 15th St SE
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Included
  • Price Per Sq Ft: 159.83
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 151.41

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap, T111
  • View: Territorial

Utilities

  • Heating: Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Bush
  • High School: South Salem

Lot Info

  • Acres: 0.12
  • Estimated Lot Sq Ft: 5250
  • Lot: 7
  • Lot Type: Irregular
  • Price Per Acre: 1875000
  • Zoning: RM
  • Property Use Type: Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Multi Family

  • Net Income: 8870
  • Unit Types: Flat
  • Number Of Units: 2

Tax Info

  • Tax Account Number: R71129
  • Tax Amount: 1197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Grade A Homes Llc
Bought by
Andrews Gabrielle Lane Louis and Andrews Daniel Keith
Current Estimated Value
$371,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Outstanding Balance
$249,151
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$122,733

Purchase Details

Closed on
Mar 8, 2019
Sold by
Dodge David M
Bought by
Grade A Homes Llc

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 16, 2018
Sold by
Jm Advantage Llc
Bought by
Dodge David M
Seller's Agent
Shawn Richardson
OPT
Buyer's Agent
Trevor Scharer
TRADITION REAL ESTATE PARTNERS
List Price
$225,000
Sold Price
$237,500
Premium/Discount to List
$12,500
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$178,125
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2018
Sold by
Monroy Jonathan Castro
Bought by
Jm Advantage Llc

Purchase Details

Closed on
Jun 30, 2014
Sold by
Segura Jesus R
Bought by
Monroy Jonathan Castro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.17%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Andrews Gabrielle Lane Louis $341,255 Amerititle
Grade A Homes Llc -- None Available
Dodge David M $237,500 Fidelity National Title
Jm Advantage Llc $134,000 Ticor Title Co
Monroy Jonathan Castro $100,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Gabrielle Lane Louis $274,000
Previous Owner Dodge David M $178,125
Previous Owner Monroy Jonathan Castro $100,000
Closed Jm Advantage Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $237,500 +5.6% $160 / Sq Ft
05/31/2018 05/31/18 For Sale $225,000 -- $151 / 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 $2,099 $106,920 -- --
2023 $2,037 $103,810 $0 $0
2022 $1,921 $100,790 $0 $0
2021 $1,866 $97,860 $0 $0
2020 $1,868 $95,010 $0 $0
2019 $1,802 $92,250 $0 $0
2018 $1,326 $0 $0 $0
2017 $1,197 $0 $0 $0
2016 $1,140 $0 $0 $0
2015 $1,149 $0 $0 $0
2014 $1,112 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Richardson

    Seller's Agent in 2018

    Shawn Richardson

    OPT

    (503) 853-1784

    34 Total Sales

    Shawn Richardson
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kaitlyn Richardson

    EXP REALTY, LLC

    Section Image
  • Trevor Scharer

    Buyer's Agent in 2018

    Trevor Scharer

    TRADITION REAL ESTATE PARTNERS

    (503) 881-3455

    2 in this area

    148 Total Sales

    Trevor Scharer
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 734285

Willamette Valley MLS

APN: 571129

Oregon Marion County Salem 97302 Southeast Salem

1548 Waller St SE, Salem, OR

This home is located at 1548 Waller St SE, Salem, OR 97302 since 31 May 2018 and is currently estimated at $371,884, approximately $250 per square foot. This property was built in 1922. 1548 Waller St SE 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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