NOT LISTED FOR SALE

1670 Summer St SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $204,000 - $278,000

1 Bed
1 Bath
476 Sq Ft
$499/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $190,000 $399 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,391/month

53 Days on Market

About This Home

As of October 2023

Discover an exceptional investment opportunity in Southeast Salem with this single-level, one-bedroom, one-bathroom home. Primed for investors seeking potential and value, seize this chance to acquire a property with potential written all over it. With a keen eye, a commitment to repairs, and a vision for transformation, this property could become a lucrative addition to your investment portfolio. You won't want to miss out on this opportunity!

Last Agent to Sell the Property

Shelby Holman

REAL BROKER License #201236286 Listed on: 08/16/2023

Last Buyer's Agent

GWEN M. LEWIS

MORE REALTY License #201240963

MORE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 1947

Lot Details

  • 5,880

Home Design

  • Metal Roof

Interior Spaces

  • 476 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Carport

Schools

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

Additional Features

  • 5,880 Sq Ft Lot
  • Electric Water Heater

Community Details

  • Pleasant Home Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,479

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Discover an exceptional investment opportunity in Southeast Salem with this single-level, one-bedroom, one-bathroom home. Primed for investors seeking potential and value, seize this chance to acquire a property with potential written all over it. With a keen eye, a commitment to repairs, and a vision for transformation, this property could become a lucrative addition to your investment portfolio. You won't want to miss out on this opportunity!
  • Year Built: 1947
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 399.16
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 483.19

Exterior Features

  • Roof: Metal Or Aluminum

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5880
  • Lot: 8
  • Price Per Acre: 1769230.77
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Account Number: 586171
  • Tax Amount: 1479

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 25, 2023
Sold by
Salem Properties Llc
Bought by
Nicholson-Nelson Diana and Nicholson-Nelson Gil
Seller's Agent
Shelby Holman
REAL BROKER
Buyer's Agent
GWEN M. LEWIS
MORE REALTY
List Price
$230,000
Sold Price
$190,000
Premium/Discount to List
-$40,000
-17.39%
Views
159
Current Estimated Value
$237,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,675
Avg. Annual Appreciation
6.12%
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
Nicholson-Nelson Diana $190,000 Ticor Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $190,000 -17.4% $399 / Sq Ft
08/16/2023 08/16/23 For Sale $230,000 -- $483 / 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 $1,568 $79,860 -- --
2023 $1,522 $77,540 $0 $0
2022 $1,435 $75,290 $0 $0
2021 $1,394 $73,100 $0 $0
2020 $1,354 $70,980 $0 $0
2019 $1,306 $68,920 $0 $0
2018 $1,329 $0 $0 $0
2017 $1,200 $0 $0 $0
2016 $1,143 $0 $0 $0
2015 $1,152 $0 $0 $0
2014 $1,115 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelby Holman

    Seller's Agent in 2023

    Shelby Holman

    REAL BROKER

    (503) 930-8409

    3 in this area

    48 Total Sales

    Shelby Holman
    Section Image

  • G

    Buyer's Agent in 2023

    GWEN M. LEWIS

    MORE REALTY

    (503) 312-5234

    1 in this area

    4 Total Sales

    GWEN M. LEWIS
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 808537

Willamette Valley MLS

APN: 586171

Oregon Marion County Salem 97302 South Central

1670 Summer St SE, Salem, OR

This home is located at 1670 Summer St SE, Salem, OR 97302 since 16 August 2023 and is currently estimated at $237,675, approximately $499 per square foot. This property was built in 1947. 1670 Summer St SE 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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