NOT LISTED FOR SALE

1610 Gem Place NE Unit 1620 Salem, OR 97301

East Lancaster Neighborhood

Estimated Value: $503,000 - $540,000

4 Beds
4 Baths
2,390 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $278,000 $116 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,239/month

37 Days on Market

Highlights

  • Attached Garage
  • Views
  • Level Lot

About This Home

As of June 2017

Townhouse style duplex located in great are for commuting with good rental history. Each unit has 2 bedrooms and 1.5 baths and single garage. please do not disturb tenants.

Last Agent to Sell the Property

Brenda Schamp

Northwest Investor Realty License #200711198 Listed on: 03/28/2017

Last Buyer's Agent

Debra Susee-Ventura

RE/MAX Integrity License #980500058

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,683

Year Built

  • Built in 1998

Lot Details

  • 6,534

Parking

  • Attached Garage

Kitchen

  • Range
  • Dishwasher
  • Disposal

Additional Features

  • 2-Story Property
  • Level Lot
  • Gas Water Heater
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,683

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2390
  • Stories: 2
  • Year Built: 1998
  • Property Condition: Approximately
  • Remarks Public: Townhouse style duplex located in great are for commuting with good rental history. Each unit has 2 bedrooms and 1.5 baths and single garage. please do not disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SWEGLE ESTATES, LOT FR 3
  • Basement: None

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Unfurnished

Schools

  • Elementary School: Swegle
  • Middle School: Waldo
  • High School: McKay

Lot Info

  • Lot Description: Level
  • Zoning: RM
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4070.14
  • Assessor Parcel Number: R94518

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Swegle
  • High School: McKay
  • Middle School: Waldo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jun 15, 2017
Sold by
Yang Chuan Jen
Bought by
Bence Samuel and Bence Lily
Seller's Agent
Brenda Schamp
Northwest Investor Realty
Buyer's Agent
Debra Susee-Ventura
RE/MAX Integrity
List Price
$318,000
Sold Price
$278,000
Premium/Discount to List
-$40,000
-12.58%
Current Estimated Value
$521,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,519
Avg. Annual Appreciation
8.19%
Original Mortgage
$208,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Stombaugh David P
Bought by
Yang Chuan Jen
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
Bence Samuel $278,000 Fidelity Natl Title Co Of Or
Yang Chuan Jen $199,700 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bence Samuel $208,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $278,000 -12.6% $116 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $318,000 -- $133 / 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 $5,683 $289,450 -- --
2023 $5,516 $281,020 $0 $0
2022 $5,200 $272,840 $0 $0
2021 $5,052 $264,900 $0 $0
2020 $4,905 $257,190 $0 $0
2019 $4,732 $249,700 $0 $0
2018 $4,816 $0 $0 $0
2017 $4,347 $0 $0 $0
2016 $4,021 $0 $0 $0
2015 $4,070 $0 $0 $0
2014 $3,698 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Schamp

    Seller's Agent in 2017

    Brenda Schamp

    Northwest Investor Realty

    (541) 223-8258

    4 in this area

    37 Total Sales

    Brenda Schamp
    Section Image
  • Debra Susee-Ventura

    Buyer's Agent in 2017

    Debra Susee-Ventura

    RE/MAX

    (503) 884-1985

    4 in this area

    144 Total Sales

    Debra Susee-Ventura
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17049647

Regional Multiple Listing Service (RMLS)

APN: 594518

Oregon Marion County Salem 97301 East Lancaster

1610 Gem Place NE Unit 1620, Salem, OR

This home is located at 1610 Gem Place NE Unit 1620, Salem, OR 97301 since 28 March 2017 and is currently estimated at $521,519, approximately $218 per square foot. This property was built in 1998. 1610 Gem Place NE Unit 1620 is a home located in Marion County with nearby schools including Swegle Elementary School, Waldo Middle School, and McKay High School.

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