NOT LISTED FOR SALE

1593 20th St SE Unit 1595 Salem, OR 97302

Southeast Salem Neighborhood

Estimated Value: $343,000 - $380,000

4 Beds
2 Baths
1,196 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $389,000 $325 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,160/month

Highlights

  • RV Access or Parking
  • Fenced Yard
  • Handicap Accessible
  • Territorial View
  • Covered Deck
  • Zoned Heating

About This Home

As of December 2021

Two homes on a corner lot completely updated in the last 5 years. 1st home is 1bd, 1ba. 2nd home is 3bd, 1ba. Major expenses taken care of! Newer roof, fiber cement lap siding, vinyl windows, paint in and out. Newer cabinets, trim, floors, and doors. Trex deck with a fully fenced yard and lovely outdoor space. Central car port with one space for each unit. Located in the heart of the capital! Easy walk or bike ride to Willamette University and Salem Hospital. Call today! Do not disturb tenants.

Last Agent to Sell the Property

Mark Shadrin

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #201215479 Listed on: 10/29/2021

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Last Buyer's Agent

Vince Baker

WILLAMETTE MEADOW REAL ESTATE License #201208743

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1947

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • RV Access or Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Handicap Accessible
  • Covered Deck

Listing and Financial Details

  • Exclusions: W/D, Tenants personal property
  • Legal Lot and Block 14 / 3

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $750
  • Operating Expense $3,204
  • Net Operating Income $7,974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,454

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Handicap Amenities: Yes (Refer To Remarks)
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Two homes on a corner lot completely updated in the last 5 years. 1st home is 1bd, 1ba. 2nd home is 3bd, 1ba. Major expenses taken care of! Newer roof, fiber cement lap siding, vinyl windows, paint in and out. Newer cabinets, trim, floors, and doors. Trex deck with a fully fenced yard and lovely outdoor space. Central car port with one space for each unit. Located in the heart of the capital! Easy walk or bike ride to Willamette University and Salem Hospital. Call today! Do not disturb tenants.
  • Cross Street: Oxford St. SE
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposal: Yes
  • Exclusions: W/D, Tenants personal property
  • Negotiable Inclusions: Range and Refrigerator
  • Refrigerator: Refrigerator Included
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 325.25
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 333.61

Exterior Features

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

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Insurance: 750
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.12
  • Flood Plain: Unknown
  • Lot: 14
  • Lot Type: Dimension Above
  • Price Per Acre: 3325000
  • Zoning: IG
  • Rvcamper Pad: Area/Room For
  • Property Use Type: Any Use–all The Following, Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 3204

Multi Family

  • Additional Land Available: 27303
  • Net Income: 7974
  • Gross Sched Income: 28740
  • Unit Types: Flat
  • Number Of Units: 2

Tax Info

  • Tax Account Number: R80329
  • Tax Amount: 2454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 2, 2021
Sold by
Kagey Audrey L and Kagey Timothy O
Bought by
Yukon Metals Llc
Seller's Agent
Mark Shadrin
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Buyer's Agent
Vince Baker
WILLAMETTE MEADOW REAL ESTATE
List Price
$399,000
Sold Price
$389,000
Premium/Discount to List
-$10,000
-2.51%
Current Estimated Value
$364,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,988
Avg. Annual Appreciation
-1.71%
Original Mortgage
$1,360,000
Outstanding Balance
$1,250,508
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
-$886,496

Purchase Details

Listed on
May 6, 2016
Closed on
Jun 4, 2018
Sold by
Martin Chadwick Lee
Bought by
Kagey Timothy O and Kagey Audrey L
Buyer's Agent
Linda McComish
EXP REALTY, LLC
List Price
$256,792
Sold Price
$256,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$218,272
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jul 24, 2015
Sold by
Fannie Mae
Bought by
Martin Chadwick Lee
Seller's Agent
Natalie Rybakov
HOMESMART REALTY GROUP
Buyer's Agent
Chun Truong
HOMESMART REALTY GROUP
List Price
$145,000
Sold Price
$103,900
Premium/Discount to List
-$41,100
-28.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.37%
Original Mortgage
$77,925
Interest Rate
4.01%
Mortgage Type
VA

Purchase Details

Closed on
Mar 20, 2014
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 17, 2014
Sold by
Herb Christopehr and Herb Jamie
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 7, 2007
Sold by
Worcester Paul D and Worcester Douglas M
Bought by
Herb Christopher and Herb Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2007
Sold by
Worcester Paul D
Bought by
Worcester Paul D and Worcester Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 27, 2006
Sold by
Wozniak Ben
Bought by
Worcester Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2004
Sold by
Tourangeau Larry A
Bought by
Wozniak Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 23, 2003
Sold by
Citifinancial Mortgage Co Inc
Bought by
Tourangeau Larry A

Purchase Details

Closed on
Jun 24, 2002
Sold by
Vallejo Desta L
Bought by
Citifinancial Mtg Company Inc
Source: Public Records

Range of Values:

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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
Yukon Metals Llc $389,000 Ticor Title
Kagey Timothy O $256,792 First American Title
Martin Chadwick Lee $103,900 First American
Federal National Mortgage Association -- Denver Dil Title
Citimortgage Inc -- Denver Dil Title
Herb Christopher $126,500 Fidelity Natl Title Co Of Or
Worcester Paul D -- First American Title
Worcester Paul D $107,000 Amerititle
Wozniak Ben $91,000 Amerititle
Tourangeau Larry A $80,000 First American
Citifinancial Mtg Company Inc $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yukon Metals Llc $1,360,000
Previous Owner Kagey Timothy O $218,272
Previous Owner Martin Chadwick Lee $77,925
Previous Owner Herb Christopher $113,850
Previous Owner Worcester Paul D $99,000
Previous Owner Worcester Paul D $27,000
Previous Owner Wozniak Ben $81,000
Closed Wozniak Ben $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $389,000 -2.5% $325 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $399,000 +55.4% $334 / Sq Ft
06/06/2018 06/06/18 Sold $256,792 0.0% $218 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
06/04/2018 06/04/18 Sold $256,792 +2.7% $148 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $250,000 -2.6% $145 / Sq Ft
05/06/2016 05/06/16 For Sale $256,792 +147.2% $218 / Sq Ft
07/28/2015 07/28/15 Sold $103,900 -28.3% $137 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $145,000 -- $191 / 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 $2,758 $140,470 -- --
2023 $2,677 $136,380 $0 $0
2022 $2,524 $132,410 $0 $0
2021 $2,452 $128,560 $0 $0
2020 $2,454 $124,820 $0 $0
2019 $2,297 $121,190 $0 $0
2018 $2,069 $0 $0 $0
2017 $1,867 $0 $0 $0
2016 $1,779 $0 $0 $0
2015 $1,792 $0 $0 $0
2014 $1,734 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 785059

Willamette Valley MLS

APN: 580329