Occupying a valuable corner lot close to Salem Central is an excellent 4-Plex Multifamily Investment offering. It is currently 100% occupied and conveniently located near Salem Hospital, McCulloch Stadium, Willamette University and the heart of Salem's culture, food, and entertainment. Full Reno 2001 and additionally updated carpets and applied fresh paint where needed. Room mix is Four 1-Bed 1-Bath. Showing instructions contact Listing Broker and please do not disturb Tenants
Syndicated Remarks: Occupying a valuable corner lot close to Salem Central is an excellent 4-Plex Multifamily Investment offering. It is currently 100% occupied and conveniently located near Salem Hospital, McCulloch Stadium, Willamette University and the heart of Salem's culture, food, and entertainment. Full Reno 2001 and additionally updated carpets and applied fresh paint where needed. Room mix is Four 1-Bed 1-Bath. Showing instructions contact Listing Broker and please do not disturb Tenants
Year Built: 1904
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Total Bathrooms: 4
Total Bedrooms: 5
Price Per Sq Ft: 148.54
Source Of Sq Ft: County
Price Per Sq Ft: 142.05
Exterior Features
Exterior Color: White
Lot Info
Acres: 0.15
Estimated Lot Dimensions: 60 x 108
Estimated Lot Sq Ft: 6481
Price Per Acre: 2333333.33
Zoning: RL
Property Name: Bellevue 4-Plex
Geo Subdivision: OR
Tax Info
Tax Database Id: 3
Assessor Parcel Number: R68498
Tax Account Number: R68498
Tax Amount: 2840
Multi Family
Net Income: 21346
Gross Sched Income: 30300
Number Of Units: 4
Ownership History
DateNameOwned ForOwner Type
Dec 2019 - PresentEmery Andrew M5 Years and 6 Months
Private Individual
Purchase Details
Listed on
Nov 21, 2018
Closed on
Dec 19, 2019
Sold by
Mahoney Daniel A and Mahoney Angela M
Bought by
Emery Andrew M
Seller's Agent
AJ Nash
TRADITION REAL ESTATE PARTNERS
Buyer's Agent
Phil Bailey
LEGACY REAL ESTATE
List Price
$355,000
Sold Price
$366,000
Premium/Discount to List
$11,000
3.1%
Total Days on Market
293
Current Estimated Value
$450,911
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,911
Avg. Annual Appreciation
3.89%
Original Mortgage
$359,370
Outstanding Balance
$320,894
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$130,017
Jan 2007 - Dec 2019Mahoney Daniel A and Mahoney Angela M12 Years and 11 Months
Private Individual
Purchase Details
Closed on
Jan 23, 2007
Sold by
Mahoney Dan A and Mahoney Angela M
Bought by
Mahoney Daniel A and Mahoney Angela M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Aug 2004 - Jan 2007Mahoney Dan A and Mahoney Angela M2 Years and 5 Months
Private Individual
Purchase Details
Closed on
Aug 26, 2004
Sold by
Stoller Paul
Bought by
Mahoney Dan A and Mahoney Angela M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Accepted Offer with Contingencies. Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding and exterior paint. Newer roof and some windows. The 2-bedroom cottage at 645 E St has a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each
Opportunity awaits with this ideally located triplex in desirable NW Salem. Just minutes from shops, businesses, and the Salem-Dallas Highway, this property offers excellent convenience, making it a strong draw for tenants and helps keep vacancies low. Unit 1440.5 has been recently renovated, and the entire exterior has been freshly painted, allowing the next owner to step in with minimal work.
Nice duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. This is a great opportunity for someone needing dual living or for someone that wants to live in one side. Seller is a licensed real estate
Nice Duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. Great opportunity for someone that wants to live in one side. Seller is a licensed real estate broker in the State of Oregon. Buyer
Solid investment opportunity! 3 bed / 1.5 bath townhouse style duplex located on a cul-de-sac, close to I-5. Property sits between Silverton Road and Portland Road which provides tenants with easy access to transportation and shopping. Please do not disturb the tenants. Showing upon accepted offer to purchase.
Accepted Offer with Contingencies. Solid investment opportunity. 3 bed / 2.5 bath townhouse style duplex located on a cul-de-sac close to I-5 exit. Property sits between Silverton and Portland Roads which provides tenants easy access to transportation and shopping. Please DO NOT disturb the tenants. Showings with accepted offer to purchase. Tenants pay garbage, gas, electricity and yard care.
Accepted Offer with Contingencies. Large single level duplex with garages close to Chemeketa Community College. Close proximity to Lancaster which provides tenants easy access to transportation and shopping. Please DO NOT disturb the tenants. Showings with accepted offer to purchase. Tenants pay garbage, gas, electricity and yard care. Additional photos available upon request.
Accepted Offer with Contingencies. Large single level duplex with garages close to Chemeketa Community College. Close proximity to Lancaster which provides tenants easy access to transportation and shopping. Please DO NOT disturb the tenants. Showings with accepted offer to purchase. Tenants pay garbage, gas, electricity and yard care. Additional photos available upon request.
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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
Emery Andrew M
$366,000
Amerititle
Mahoney Daniel A
--
Accommodation
Mahoney Dan A
$217,000
Ticor Title
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Emery Andrew M
$125,000
Open
Emery Andrew M
$359,370
Previous Owner
Mahoney Daniel A
$208,000
Previous Owner
Mahoney Daniel A
$212,000
Previous Owner
Mahoney Dan A
$162,750
Previous Owner
Mahoney Dan A
$54,250
Closed
Mahoney Dan A
$54,250
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
12/20/201912/20/19
Sold
$366,000
+4.6%
$149 / Sq Ft
05/17/201905/17/19
Price Changed
$350,000
-1.4%
$142 / Sq Ft
11/21/201811/21/18
For Sale
$355,000
--
$144 / Sq Ft
Source: Willamette Valley MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1920 Bellevue St SE, Salem, OR 97301 since 21 November 2018 and is currently estimated at $450,911, approximately $182 per square foot. This property was built in 1904. 1920 Bellevue St SE is a home located in Marion County with nearby schools including Richmond 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.
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