NOT LISTED FOR SALE

1855 Commercial St SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $337,000 - $446,987

3 Beds
1 Bath
1,120 Sq Ft
$344/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $177,500 $158 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,255/month

15 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Covered Deck
  • Territorial View
  • Main Floor Primary Bedroom
  • Patio

About This Home

As of June 2017

Great buy on this charming, 1925 built home in desirable McKinley School District. Two level with additional 840 square foot, partially finished basement. Covered front porch! Rich wood floors throughout most of the home. 1 bdrm on the main level and two bdrms up. Deep back yard with alley parking and access. Potential commercial usage with CO zoning. High efficiency FA Gas furnace and Gas Hot Water Heater. Great location close to downtown Salem!

Last Agent to Sell the Property

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 06/01/2017

Last Buyer's Agent

JOSE GONZALEZ

TU CASA CORPORATION License #970400177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1925

Lot Details

  • 7,250 Sq Ft Lot
  • Lot Dimensions are 50x149
  • Landscaped
  • Property is zoned CO

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Territorial Views
  • Basement Fills Entire Space Under The House
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Covered Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,492

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Great buy on this charming, 1925 built home in desirable McKinley School District. Two level with additional 840 square foot, partially finished basement. Covered front porch! Rich wood floors throughout most of the home. 1 bdrm on the main level and two bdrms up. Deep back yard with alley parking and access. Potential commercial usage with CO zoning. High efficiency FA Gas furnace and Gas Hot Water Heater. Great location close to downtown Salem!
  • Cross Street: Superior
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Family Room
  • Flooring: Wood, Tile
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 9.6x11.2, On Level: 1/Main
  • Bedroom 2: Dimensions: 9.8x13.3, On Level: 2/Upper
  • Bedroom 3: Dimensions: 19.6x15.6, On Level: 2/Upper
  • Basement: Full
  • Dining Room: 1/Main, Dimensions: 12.4x11.2, On Level: 1/Main
  • Living Room: Dimensions: 15.7x13.6, On Level: 1/Main
  • Kitchen: Dimensions: 9.4x11.2, On Level: 1/Main
  • Price Per Sq Ft: 158.48
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 156.16

Exterior Features

  • Patio: Covered Deck, Patio
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Forced Air, Gas, Window Unit (AC)
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.17
  • Estimated Lot Dimensions: 50x149
  • Estimated Lot Sq Ft: 7250
  • Lot: 1
  • Lot Type: Dimension Above
  • Price Per Acre: 1028823.53
  • Zoning: CO
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R82669
  • Tax Years: 2016
  • Tax Account Number: R82669
  • Tax Amount: 1492

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jun 29, 2017
Sold by
Hann Corby L and Reinecke Esther
Bought by
Oak Ridge Properties Investments Llc
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
JOSE GONZALEZ
TU CASA CORPORATION
List Price
$174,900
Sold Price
$177,500
Premium/Discount to List
$2,600
1.49%
Current Estimated Value
$385,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,997
Avg. Annual Appreciation
9.62%
Original Mortgage
$102,500
Interest Rate
4.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 9, 2004
Sold by
National City Home Loan Services Inc
Bought by
Hann Corby L and Reinecke Esther D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Helstrom Boyd J
Bought by
National City Home Loan Services Inc
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
Oak Ridge Properties Investments Llc $177,500 Fidelity National Title
Hann Corby L $92,000 First American
National City Home Loan Services Inc $80,113 Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Oak Ridge Properties Investments Llc $157,000
Closed Oak Ridge Properties Investments Llc $102,500
Previous Owner Hann Corby L $103,300
Previous Owner Hann Corby L $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $177,500 +1.5% $158 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $174,900 -- $156 / 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 $2,046 $104,230 -- --
2023 $1,986 $101,200 $0 $0
2022 $1,873 $98,260 $0 $0
2021 $1,819 $95,400 $0 $0
2020 $1,821 $92,630 $0 $0
2019 $1,705 $89,940 $0 $0
2018 $1,735 $0 $0 $0
2017 $1,566 $0 $0 $0
2016 $1,492 $0 $0 $0
2015 $1,503 $0 $0 $0
2014 $1,455 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gladys Blum

    Seller's Agent in 2017

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    9 in this area

    750 Total Sales

    Gladys Blum
    Section Image
  • JOSE GONZALEZ

    Buyer's Agent in 2017

    JOSE GONZALEZ

    TU CASA CORPORATION

    (503) 851-6582

    1 in this area

    154 Total Sales

    JOSE GONZALEZ
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 719241

Willamette Valley MLS

APN: 582669

Oregon Marion County Salem 97302 South Central

1855 Commercial St SE, Salem, OR

This home is located at 1855 Commercial St SE, Salem, OR 97302 since 01 June 2017 and is currently estimated at $385,497, approximately $344 per square foot. This property was built in 1925. 1855 Commercial St SE is a home located in Marion County with nearby schools including McKinley 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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