NOT LISTED FOR SALE

1575 Broadway St NE Salem, OR 97301

Grant Neighborhood
10 Beds
10 Baths
6,576 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: July 20, 2016

Last sale price $530,000 $81 Per Sq Ft

18 Days on Market

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Partially Fenced Property
  • Laundry Facilities
  • Dining Area
  • Wood Siding

About This Home

As of July 2016

10 units with many recent updates. 6 of 10 units renovated in last 2 years, many with new appliances. Exterior paint in last two years. Off-street paved parking. Units are fully rented at this time. Additional income from coin-op laundry. All units are 1 bed, 1 bath. Sewer line from building to the street re-done in the last 4-5 years.

Last Agent to Sell the Property

Jackie Zurbrugg

BST REALTY, LLC-KEIZER License #970600156 Listed on: 11/30/2015

Last Buyer's Agent

Gabe Johansen

SMI REAL ESTATE License #201202003

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,476

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 6,576 Sq Ft Home
  • Dining Area
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: All Tenants personal property, Coin-op Laundry
  • Tax Lot 40

Community Details

Overview

  • 10 Units
  • Silver Maple Community

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $840
  • Insurance Expense $2,200
  • Maintenance Expense $2,500
  • Trash Expense $1,440
  • Water Sewer Expense $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,476

Year Built

Built in 1961

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Dual Living: Possible
  • Range Facility: Electric
  • Syndicated Remarks: 10 units with many recent updates. 6 of 10 units renovated in last 2 years, many with new appliances. Exterior paint in last two years. Off-street paved parking. Units are fully rented at this time. Additional income from coin-op laundry. All units are 1 bed, 1 bath. Sewer line from building to the street re-done in the last 4-5 years.
  • Cross Street: Norway
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: All Tenants personal property, Coin-op Laundry
  • Negotiable Inclusions: Appliances in all units.
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 10
  • Total Bedrooms: 10
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Source Of Sq Ft: County

Exterior Features

  • Exterior Color: Tan
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Utilities

  • Heating: Electric, Baseboard
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Electric: 840
  • Garbage: 1440
  • Insurance: 2200
  • Sewer: City
  • Water/Sewer: 3600

Condo/Co-op/Association

  • Maintenance: 2500
  • Mgmt Acct: 4750

Lot Info

  • Acres: 0.2
  • Lot: 40
  • Lot Type: Dimension Above
  • Property Name: Silver Maple
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R84511
  • Tax Amount: 6476

Multi Family

  • Gross Sched Income: 63120
  • Unit Types: Flat
  • Number Of Units: 10
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold $530,000 -3.6% $81 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $549,900 -- $84 / Sq Ft
Source: Willamette Valley MLS

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 698144

Willamette Valley MLS
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