NOT LISTED FOR SALE

1636 Madras St SE Unit 1638 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $464,982 - $501,000

2 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold May 22, 2024

Last sale price $450,000

Est. 7% increase in value since last sale

Current estimated payment $2,843/month

6 Days on Market

About This Home

As of May 2024

Comp sale

Last Agent to Sell the Property

Ryan Steckly

HOMESMART REALTY GROUP License #201210009 Listed on: 04/16/2024

HOMESMART REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,594

Lot Details

  • 10,019

Home Design

  • Duplex

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,594

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Syndicated Remarks: Comp sale
  • Cross Street: Commercial
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 5, 2021
Sold by
Fox Taylor
Bought by
Coots Christopher
Seller's Agent
Brian Bemis
RE/MAX Integrity
Buyer's Agent
Ali Morrison
Windermere Heritage
List Price
$375,000
Sold Price
$378,000
Premium/Discount to List
$3,000
0.8%
Current Estimated Value
$481,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,496
Avg. Annual Appreciation
5.28%
Original Mortgage
$281,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2017
Sold by
Smith Lowell A and Smith Maureen E
Bought by
Fox Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2003
Sold by
Wold Charles R
Bought by
Smith Lowell A and Smith Maureen E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Coots Christopher $378,000 Fidelity Natl Ttl Co Of Or
Fox Taylor $220,000 Ticor Title Company Of Or
Smith Lowell A -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coots Christopher $281,250
Previous Owner Fox Taylor $216,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $450,000 0.0% --
04/22/2024 04/22/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $450,000 +19.0% --
01/14/2021 01/14/21 Sold $378,000 +0.8% $205 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $375,000 -- $204 / 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 $3,594 $183,070 -- --
2023 $3,488 $177,740 $0 $0
2022 $3,289 $172,570 $0 $0
2021 $3,195 $167,550 $0 $0
2020 $3,102 $162,670 $0 $0
2019 $3,086 $157,940 $0 $0
2018 $3,046 $0 $0 $0
2017 $2,749 $0 $0 $0
2016 $2,619 $0 $0 $0
2015 $2,563 $0 $0 $0
2014 $2,555 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 817686

Willamette Valley MLS

APN: 532728