NOT LISTED FOR SALE

156 Front St NE Unit 500 Salem, OR 97301

Downtown Salem Neighborhood

Estimated Value: $606,000 - $748,457

2 Beds
2 Baths
1,593 Sq Ft
$407/mo HOA Fee

Last Sold May 15, 2024

Last sale price $575,000 $361 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,958/month

111 Days on Market

Highlights

  • River View
  • Contemporary Architecture
  • Granite Countertops
  • Built-In Refrigerator
  • Wood Flooring
  • 4-minute walk to Riverfront Park

About This Home

As of May 2024

Urban living in the heart of downtown Salem. Walking distance to restaurants, shops, theater and more, all while overlooking Salem's beautiful Riverfront Park. This incredible condo boasts 2 bedrooms, 2 bathrooms, 1593 square feet. If that's not enough, it also comes with 2 balconies, 2 parking garage spaces, a storage unit, and all appliances included including the washer/dryer. This is a must see! Don't take my word for it, make an appointment today for your own private tour.

Last Listed By

Mathew Genuser

Works Real Estate License #201238712 Listed on: 12/20/2023

Works Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,852

Year Built

  • Built in 2011

Lot Details

  • 218

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Off-Street Parking

Property Views

  • River
  • City

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Built-In Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Bush Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 347339

Community Details

Overview

  • The Rivers HOA, Phone Number (503) 931-8111

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,852

Year Built

Built in 2011

Lot Details

0

HOA Fees

$407 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 2011
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumStorageAvailYN: Yes
  • Open House: No
  • Room 11 Features: BuiltinRange,BuiltinRefrigerator,Dishwasher,Island,Microwave
  • Room 12 Features: Bookcases,CeilingFan,FireplaceInsert
  • Room 13 Features: Balcony,Bathroom,CeilingFan,ClosetOrganizer
  • Room 7 Features: CeilingFan
  • CondominiumTotalLevels: 8
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, WasherDryer, WoodFloors
  • Basement: None
  • Appliances: BuiltinRange, BuiltinRefrigerator, Dishwasher, Granite, Island, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Insert
  • Fireplace: Yes
  • Stories: 8
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room9 Area: 266
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,MetalSiding
  • Foundation Details: Slab
  • View: Yes
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • View: City,River

Garage/Parking

  • Garage Type: Attached
  • Parking Description: OffStreet, Secured
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • CondominiumGarageType: Attached
  • CondominiumParkingSpaceNo: 19
  • CondominiumParkingSpaceNo2: 20
  • CondominiumParkingTax: 220.27
  • CondominiumParkingTax2: 220.27

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Senior Community: No
  • Association Fee: 407.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Scott Hossner
  • CondominiumAssociationName: The Rivers HOA
  • CondominiumAssociationPhone: 503-931-8111
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Bush
  • High School: South Salem
  • Middle Or Junior School: Leslie

Lot Info

  • Zoning: CB
  • Parcel #: 347339
  • Assessor Parcel Number 2: 347286
  • Assessor Parcel Number 3: 347285

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 8852.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2018
Sold by
Harp Max William and Harp Jo Ann
Bought by
Harp Max William and Harp Jo Ann
Total Days on Market
111
Current Estimated Value
$677,229

Purchase Details

Closed on
Jan 3, 2013
Sold by
Riverfront Park Llc
Bought by
Harp Max William and Harp Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Outstanding Balance
$137,902
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$539,327

Range of Values:

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Average Value
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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
Harp Max William -- None Available
Harp Max William $143,370 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harp Max William $192,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $575,000 -6.5% $361 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $615,000 -4.7% $386 / Sq Ft
01/26/2024 01/26/24 Price Changed $645,000 -3.0% $405 / Sq Ft
12/20/2023 12/20/23 For Sale $665,000 -- $417 / Sq Ft
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 $9,121 $464,560 -- $464,560
2023 $8,852 $451,030 $0 $451,030
2022 $8,347 $437,900 $0 $0
2021 $8,108 $425,150 $0 $0
2020 $7,872 $412,770 $0 $0
2019 $7,595 $400,750 $0 $0
2018 $7,729 $0 $0 $0
2017 $4,716 $0 $0 $0
2016 $4,625 $0 $0 $0
2015 $4,800 $0 $0 $0
2014 $2,876 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23656712

Regional Multiple Listing Service (RMLS)

APN: 347339