NOT LISTED FOR SALE

Estimated Value: $275,000 - $338,000

2 Beds
2 Baths
1,560 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $325,000 $208 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,919/month

18 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of June 2024

Seller carried financing available! Call listing agent for details. Earn some sweat equity on this incredible investment opportunity! This charming duplex set on a corner lot offers the perfect blend of comfort and convenience. With two units, each featuring 2 bedrooms and 1 bathroom complete with a tub-shower combo, this property promises cozy living spaces for tenants or future homeowners. Step into the inviting living rooms flooded with natural light streaming through two large windows, creating a warm and inviting ambiance. The kitchens come equipped with everything needed for meal preparation, including a refrigerator and range, ensuring convenience for tenants. Outside, the front yard has shade trees, creating a perfect space for relaxation. The fenced backyard area offers privacy and a great spot for outdoor gatherings or leisure activities. Privacy is ensured with separate entries for each unit, allowing tenants to enjoy their own space without intrusion. Additionally, each unit has its own driveway, providing parking for residents and guests alike. Located in a sought-after area, this duplex is just moments away from numerous restaurants, shopping, and beautiful Bush's Pasture Park. Salem Hospital is nearby, and for those pursuing their education, Chemeketa Community College is less than 15 minutes away, making this property an attractive option for students or faculty. And with Salem Airport within close proximity, travel enthusiasts will appreciate the convenience of air travel. Don't miss out on this fantastic investment opportunity! Whether you're looking to generate rental income or seeking a multi-family home, this duplex offers endless possibilities in a prime location!

Last Agent to Sell the Property

Nick Shivers

Keller Williams PDX Central License #200209063 Listed on: 04/27/2024

Keller Williams PDX Central

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 1951

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property

Schools

  • Parrish Middle School
  • North Salem High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 588259

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,685

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1951
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Other
  • High School: North Salem
  • Middle Or Junior School: Parrish

Lot Info

  • Zoning: RS
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 588259

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2684.95

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
Jun 13, 2024
Sold by
Zprop Llc
Bought by
Arellano Rodolfo Zarco
Seller's Agent
Nick Shivers
Keller Williams PDX Central
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%
Views
297
Current Estimated Value
$317,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,836
Avg. Annual Appreciation
-1.85%

Purchase Details

Closed on
Dec 29, 2020
Sold by
Haviland Robert Harding
Bought by
Zprop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Arellano Rodolfo Zarco $325,000 Lawyers Title
Zprop Llc $165,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zprop Llc $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $325,000 0.0% $208 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/14/2024 05/14/24 Off Market $325,000 -- --
05/10/2024 05/10/24 Price Changed $325,000 +8.3% $208 / Sq Ft
05/09/2024 05/09/24 For Sale $300,000 -7.7% $192 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
05/01/2024 05/01/24 Off Market $325,000 -- --
04/27/2024 04/27/24 For Sale $300,000 -- $192 / 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 $2,766 $140,900 -- --
2023 $2,685 $136,800 $0 $0
2022 $2,532 $132,820 $0 $0
2021 $2,459 $128,960 $0 $0
2020 $2,388 $125,210 $0 $0
2019 $2,304 $121,570 $0 $0
2018 $2,345 $0 $0 $0
2017 $2,116 $0 $0 $0
2016 $2,016 $0 $0 $0
2015 $2,031 $0 $0 $0
2014 $1,924 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24250682

Regional Multiple Listing Service (RMLS)

APN: 588259