NOT LISTED FOR SALE

1864 Lansing Ave NE Unit 1868 Salem, OR 97301

Lansing Neighborhood

Estimated Value: $497,000 - $625,000

6 Beds
3 Baths
2,250 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $492,500 $219 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,247/month

117 Days on Market

Highlights

  • Patio
  • Landscaped
  • Dining Area
  • Zoned Heating
  • Washer and Dryer
  • Partially Fenced Property

About This Home

As of November 2022

Excellent rental history on this single level triplex. Three 2 Bedroom, 1 bath units w/washer/dryers in each unit. Exterior storage closets for each unit. Centrally located for commutes, shopping and schools. Significant rent increases occurring upon turnover.

Last Agent to Sell the Property

Kelly Martin

REALTY ONE GROUP WILLAMETTE VALLEY License #200603182 Listed on: 06/27/2022

REALTY ONE GROUP WILLAMETTE VALLEY

Last Buyer's Agent

VITALY ORMANJI

EXP REALTY, LLC License #201239333

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,546

Year Built

  • Built in 1965

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • Partially Fenced Property
  • Landscaped

Home Design

  • Triplex
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • Dining Area
  • Electric Range
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Zoned Heating
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 12 / 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,546

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Dual Living: Yes
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Excellent rental history on this single level triplex. Three 2 Bedroom, 1 bath units w/washer/dryers in each unit. Exterior storage closets for each unit. Centrally located for commutes, shopping and schools. Significant rent increases occurring upon turnover.
  • Cross Street: Market
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Included
  • Price Per Sq Ft: 218.89
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 222.22

Exterior Features

  • Patio: Patio
  • Exterior Color: Brown
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Composite
  • Siding Style: T111

Utilities

  • Heating: Zonal
  • High Speed Comm Access: Unknown
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Englewood
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.18
  • Estimated Lot Dimensions: 80 X 100
  • Estimated Lot Sq Ft: 8000
  • Flood Plain: Unknown
  • Lot: 12
  • Lot Type: Common Area
  • Price Per Acre: 2777777.78
  • Zoning: RM2
  • Property Use Type: Investment

Tax Info

  • Tax Account Number: R588454
  • Tax Amount: 3546

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Nov 22, 2022
Sold by
Jane M Norris Revocable Living Trust
Bought by
Saukov Boris and Saukov Olga
Seller's Agent
Kelly Martin
REALTY ONE GROUP WILLAMETTE VALLEY
Buyer's Agent
VITALY ORMANJI
EXP REALTY, LLC
List Price
$525,000
Sold Price
$492,500
Premium/Discount to List
-$32,500
-6.19%
Views
26
Current Estimated Value
$549,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,939
Avg. Annual Appreciation
3.94%
Original Mortgage
$369,375
Outstanding Balance
$357,921
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$191,518
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
Saukov Boris $492,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saukov Boris $369,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $492,500 -1.5% $219 / Sq Ft
09/09/2022 09/09/22 Price Changed $500,000 -4.8% $222 / Sq Ft
06/27/2022 06/27/22 For Sale $525,000 -- $233 / 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 $3,870 $197,090 -- --
2023 $3,756 $191,350 $0 $0
2022 $3,541 $185,780 $0 $0
2021 $3,440 $180,370 $0 $0
2020 $3,443 $175,120 $0 $0
2019 $3,322 $170,020 $0 $0
2018 $3,279 $0 $0 $0
2017 $2,960 $0 $0 $0
2016 $2,819 $0 $0 $0
2015 $2,840 $0 $0 $0
2014 $2,655 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Martin

    Seller's Agent in 2022

    Kelly Martin

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 551-5788

    2 in this area

    62 Total Sales

    Kelly Martin
    Section Image

  • V

    Buyer's Agent in 2022

    VITALY ORMANJI

    EXP REALTY, LLC

    (503) 200-7786

    2 in this area

    35 Total Sales

    VITALY ORMANJI
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 794991

Willamette Valley MLS

APN: 588454

Oregon Marion County Salem 97301 Lansing

1864 Lansing Ave NE Unit 1868, Salem, OR

This home is located at 1864 Lansing Ave NE Unit 1868, Salem, OR 97301 since 27 June 2022 and is currently estimated at $549,439, approximately $244 per square foot. This property was built in 1965. 1864 Lansing Ave NE Unit 1868 is a home located in Marion County with nearby schools including Englewood Elementary School, Parrish Middle School, and North 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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