NOT LISTED FOR SALE

1615 State St Salem, OR 97301

Northeast Neighbors Neighborhood
4 Beds
4 Baths
2,160 Sq Ft
7,405 Sq Ft Lot

Last Sold November 29, 2022

Last sale price $425,000 $197 Per Sq Ft

6 Days on Market

Highlights

  • High Speed Internet
  • Partially Fenced Property
  • Wood Siding
  • Dining Area

About This Home

As of November 2022

Multiple offers received! Highest and best by 10/20 12:00pm. Tucked away off State st you will find a unique opportunity to own 4 individually metered cottages. Seller has completed multiple improvements to the units in recent years. Roofs, Windows, and paint all updated in 2020. Whether you're just starting out investing in Real Estate or a seasoned investor this 4plex belongs in your portfolio. Future Buyer will enjoy $0 Landscaping, $0 Electricity, $0 W.S.G. as tenants are responsible for all utilities.

Last Agent to Sell the Property

Patrick Mulhern Team

SMI REAL ESTATE License #201216883 Listed on: 10/10/2022

SMI REAL ESTATE

Co-Listed By

Ryan Brush

SMI REAL ESTATE License #201247424

Last Buyer's Agent

TARYN STEVENS MOORE

RE/MAX INTEGRITY - SALEM License #200603143

RE/MAX INTEGRITY - SALEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,559

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Dining Area
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • 1615 State St Salem Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,559

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Built-In
  • Syndicated Remarks: Multiple offers received! Highest and best by 10/20 12:00pm. Tucked away off State st you will find a unique opportunity to own 4 individually metered cottages. Seller has completed multiple improvements to the units in recent years. Roofs, Windows, and paint all updated in 2020. Whether you're just starting out investing in Real Estate or a seasoned investor this 4plex belongs in your portfolio. Future Buyer will enjoy $0 Landscaping, $0 Electricity, $0 W.S.G. as tenants are responsible for all utilities.
  • Cross Street: 17th
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Laminate
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 196.76
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 196.76

Exterior Features

  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Wood

Utilities

  • Heating: Wall Furnace
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7405
  • Lot Type: Common Area
  • Price Per Acre: 2500000
  • Zoning: MU-1
  • Property Name: 1615 State St Salem
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: 527533
  • Tax Account Number: 527533
  • Tax Amount: 3559

Multi Family

  • Unit Types: Flat
  • Number Of Units: 4

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

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $425,000 0.0% $197 / Sq Ft
10/15/2022 10/15/22 For Sale $425,000 -- $197 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Mulhern Team

    Seller's Agent in 2022

    Patrick Mulhern Team

    SMI REAL ESTATE

    (503) 871-6254

    3 in this area

    27 Total Sales

    Patrick Mulhern Team
    Section Image
  • Ryan Brush

    Seller Co-Listing Agent in 2022

    Ryan Brush

    SMI REAL ESTATE

    (503) 559-1444

    1 in this area

    13 Total Sales

    Ryan Brush
    Section Image

  • T

    Buyer's Agent in 2022

    TARYN STEVENS MOORE

    RE/MAX

    (971) 218-3050

    1 in this area

    36 Total Sales

    TARYN STEVENS MOORE
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 798785

Willamette Valley MLS
Oregon Marion County Salem 97301 Northeast Neighbors

1615 State St, Salem, OR

This home is located at 1615 State St, Salem, OR 97301 since 10 October 2022. This property was built in 1950. 1615 State St is a home located in Marion County with nearby schools including Bush Elementary School, Leslie Middle School, and South Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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