NOT LISTED FOR SALE

1805 Cross St SE Unit 1817 Salem, OR 97302

Southeast Salem Neighborhood

Estimated Value: $520,000 - $709,000

6 Beds
3 Baths
2,904 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $425,000 $146 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,739/month

102 Days on Market

About This Home

As of July 2019

Remarkable tri-plex, well maintained, two single story unit and one upstairs units, all with garages, fenced, patio, nicely landscaped. New Roof & Exterior Painted (2018), upper decks are trex material, Newer in all units: cabinets, berber carpets, plumbing fixtures, vinyl windows, new 6 panel white doors and woodwork & electrical panels upgraded including two units having extra 20 amp circuits.

Last Agent to Sell the Property

Chris Stewart

Windermere Pacific West Prop. License #200507285 Listed on: 03/14/2019

Windermere Pacific West Prop.

Last Buyer's Agent

Rochelle Peralta

Keller Williams Realty Portland Premiere License #201230438

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,436

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 8,276

Home Design

  • Wood Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • 1-Story Property
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,436

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2904
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Updated/Remodeled
  • Remarks Public: Remarkable tri-plex, well maintained, two single story unit and one upstairs units, all with garages, fenced, patio, nicely landscaped. New Roof & Exterior Painted (2018), upper decks are trex material, Newer in all units: cabinets, berber carpets, plumbing fixtures, vinyl windows, new 6 panel white doors and woodwork & electrical panels upgraded including two units having extra 20 amp circuits.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LES LYN OAKS, BLOCK 3, LOT 4

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Bush
  • High School: South Salem

Lot Info

  • Zoning: RS2

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4606.54
  • Assessor Parcel Number: R81218
  • Tax Year: 2018

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 16.97

MLS Schools

  • Elementary School: Bush
  • High School: South Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jul 29, 2019
Sold by
Northwest Paicific Properties Inc
Bought by
Spina Denson Anthony
Seller's Agent
Chris Stewart
Windermere Pacific West Prop.
Buyer's Agent
Rochelle Peralta
Keller Williams Realty Portland Premiere
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Current Estimated Value
$619,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,754
Avg. Annual Appreciation
6.29%
Original Mortgage
$417,302
Outstanding Balance
$366,377
Interest Rate
3.82%
Mortgage Type
FHA
Estimated Equity
$253,377

Purchase Details

Closed on
Sep 4, 2013
Sold by
Gorham Patrick J
Bought by
Northwest Pacific Properties Inc

Purchase Details

Closed on
May 10, 2006
Sold by
Tyner Ted E and Tyner Shirley A
Bought by
Gorham Patrick J and Northwest Pacific Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 28, 2002
Sold by
Marion & Polk Schools Credit Union
Bought by
Tyner Ted E and Tyner Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,423
Interest Rate
6.43%
Mortgage Type
Seller Take Back
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
Spina Denson Anthony $425,000 Fidelity National Title
Northwest Pacific Properties Inc -- None Available
Gorham Patrick J $237,000 First American
Tyner Ted E $165,900 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spina Denson Anthony $417,302
Previous Owner Gorham Patrick J $237,000
Previous Owner Tyner Ted E $121,423
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $425,000 -10.5% $146 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $475,000 0.0% $164 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $475,000 -- $164 / 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 $5,436 $276,860 -- --
2023 $5,276 $268,800 $0 $0
2022 $4,974 $260,980 $0 $0
2021 $4,832 $253,380 $0 $0
2020 $4,691 $246,000 $0 $0
2019 $4,666 $238,840 $0 $0
2018 $4,607 $0 $0 $0
2017 $4,158 $0 $0 $0
2016 $3,879 $0 $0 $0
2015 $3,876 $0 $0 $0
2014 $3,497 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19465674

Regional Multiple Listing Service (RMLS)

APN: 581218