NOT LISTED FOR SALE

1920 Broadway St NE Unit 1924 Salem, OR 97301

Highland Neighborhood

Estimated Value: $282,000 - $347,000

2 Beds
2 Baths
1,472 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $323,000 $219 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,882/month

98 Days on Market

Highlights

  • Baseboard Heating
  • Laundry Facilities
  • Partially Fenced Property

About This Home

As of September 2023

Motivated seller, submit your best offer. Great opportunity for an investor! Rents under market value. 1 bedroom 1 bath in each unit. On site laundry which is shared. partially fenced. Please do not disturb tenants. Please Drive by first then book your showing. Property is accessed through a service road off of Madison Street. Property at very end. Please see last photo for a map. Property also is next to the railroad tracks. Tenants say train goes by slow and does not bother them.

Last Agent to Sell the Property

Kristin Montoya

REALTY FIRST LLC License #201210569 Listed on: 04/30/2023

Last Buyer's Agent

KATHERINE Guernsey

SMI REAL ESTATE License #201229548

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 1950

Lot Details

  • 7,405

Home Design

  • 1,472 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Parrish Middle School
  • North Salem High School

Additional Features

  • Partially Fenced Property
  • Baseboard Heating

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $18,311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,956

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Syndicated Remarks: Motivated seller, submit your best offer. Great opportunity for an investor! Rents under market value. 1 bedroom 1 bath in each unit. On site laundry which is shared. partially fenced. Please do not disturb tenants. Please Drive by first then book your showing. Property is accessed through a service road off of Madison Street. Property at very end. Please see last photo for a map. Property also is next to the railroad tracks. Tenants say train goes by slow and does not bother them.
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Laundry: Laundry Center
  • Price Per Sq Ft: 219.43
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 220.79

Exterior Features

  • Fenced Yard: Partial

Utilities

  • Heating: Baseboard
  • Water: City
  • Sewer: City

Schools

  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Account Number: 567156
  • Tax Amount: 1956

Multi Family

  • Net Income: 18311
  • Gross Sched Income: 20268
  • Number Of Units: 2

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2023
Closed on
Sep 6, 2023
Sold by
Michael Mueller 1920-1924 Broadway Llc
Bought by
Renteria Joseph A
Seller's Agent
Kristin Montoya
REALTY FIRST LLC
Buyer's Agent
KATHERINE Guernsey
SMI REAL ESTATE
List Price
$325,000
Sold Price
$323,000
Premium/Discount to List
-$2,000
-0.62%
Views
238
Current Estimated Value
$314,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,825
Avg. Annual Appreciation
-0.22%
Original Mortgage
$317,149
Outstanding Balance
$311,751
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$9,842

Purchase Details

Closed on
Dec 2, 2019
Sold by
Mueller Michael
Bought by
Mueller 1920 1924 Broadway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2019
Sold by
Stair Stewart L and Stair Jo Ann
Bought by
Mueller Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2014
Sold by
Stair Stewart L
Bought by
Stair Stewart L and Stair Jo Ann

Purchase Details

Closed on
Jan 2, 2002
Sold by
Stair Stewart L
Bought by
Stair Donovan E and Stair Douglas J
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
Renteria Joseph A $323,000 Fidelity National Title
Mueller 1920 1924 Broadway Llc -- None Available
Mueller Michael $150,000 First American
Stair Stewart L -- None Available
Stair Stewart L -- None Available
Stair Donovan E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renteria Joseph A $317,149
Previous Owner Mueller Michael $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $323,000 0.0% $219 / Sq Ft
09/08/2023 09/08/23 Sold $323,000 -0.6% $219 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
08/06/2023 08/06/23 Pending -- -- --
04/30/2023 04/30/23 For Sale $325,000 0.0% $221 / Sq Ft
04/06/2023 04/06/23 For Sale $325,000 -- $221 / 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 $2,073 $105,600 -- --
2023 $2,012 $102,530 $0 $0
2022 $1,897 $99,550 $0 $0
2021 $1,843 $96,660 $0 $0
2020 $1,845 $93,850 $0 $0
2019 $1,780 $91,120 $0 $0
2018 $1,757 $0 $0 $0
2017 $1,586 $0 $0 $0
2016 $1,511 $0 $0 $0
2015 $1,523 $0 $0 $0
2014 $1,474 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristin Montoya

    Seller's Agent in 2023

    Kristin Montoya

    REALTY FIRST LLC

    (503) 747-9595

    3 in this area

    87 Total Sales

    Kristin Montoya
    Section Image
  • KATHERINE Guernsey

    Buyer's Agent in 2023

    KATHERINE Guernsey

    SMI REAL ESTATE

    (503) 991-8626

    2 in this area

    53 Total Sales

    KATHERINE Guernsey
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 804343

Willamette Valley MLS

APN: 567156

Oregon Marion County Salem 97301 Highland

1920 Broadway St NE Unit 1924, Salem, OR

This home is located at 1920 Broadway St NE Unit 1924, Salem, OR 97301 since 30 April 2023 and is currently estimated at $314,175, approximately $213 per square foot. This property was built in 1950. 1920 Broadway St NE Unit 1924 is a home located in Marion County with nearby schools including Highland 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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