NOT LISTED FOR SALE

1922 Commercial St SE Salem, OR 97302

Highland Neighborhood

Estimated Value: $330,000 - $427,000

4 Beds
2 Baths
1,802 Sq Ft
$211/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $146,962 $82 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,230/month

188 Days on Market

Highlights

  • River View
  • No HOA
  • Level Entry For Accessibility
  • Waterfront
  • Living Room
  • Landscaped with Trees

About This Home

As of April 2020

Craftsman's Style home in Salem OR, that has be converted into a Duplex,featuring a total of 4 bedrooms and 2 bathrooms, basement, 2 kitchens, frontporch and fenced back yard. This is a fixer, come take a look to see if you canmake this one a income producer for you. Convenient to local amenities andhighways.

Last Agent to Sell the Property

Leslie Edwards

REALHome Services & Solutions, Inc. License #201222926 Listed on: 08/14/2019

Last Buyer's Agent

DEREK SCHUMPERT

HomeSmart Realty Group License #201222059

HomeSmart Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,793

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Waterfront
  • Landscaped with Trees

Parking

  • Workshop in Garage

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • River Views
  • Built-In Range
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Schools

  • Highland Elementary School
  • North Salem High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 587589

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,793

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1910
  • Property Condition: Approximately
  • Property Sub Type: Attached
  • Architectural Style: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 2.0
  • Interior Amenities: WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Basement: Finished
  • Appliances: BuiltinRange
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Workshop
  • Lot Size: 5,000 to 6,999 SqFt
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Trees
  • Waterfront Features: Other
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Shingle
  • View: River

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Highland
  • High School: North Salem
  • Middle Or Junior School: Other

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 587589

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 1793.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2025
Sold by
Freshour Holdings Llc
Bought by
Kaep Holdings Llc
Current Estimated Value
$376,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,063
Outstanding Balance
$416,063
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$35,917

Purchase Details

Closed on
Dec 9, 2021
Sold by
Equity Trust Company Custodian
Bought by
Tri Light Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 14, 2019
Closed on
Mar 24, 2020
Sold by
U S Bank National Association
Bought by
Equity Trust Company and Lawrence Keith Robbis Ira
Seller's Agent
Leslie Edwards
REALHome Services & Solutions, Inc.
Buyer's Agent
DEREK SCHUMPERT
HomeSmart Realty Group
List Price
$158,200
Sold Price
$146,962
Premium/Discount to List
-$11,238
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.52%

Purchase Details

Closed on
May 10, 2019
Sold by
Schroeder Louise M and Rubin Randy C
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 5, 2019
Sold by
Schropeder Louise M and Rubin Randy C
Bought by
U S Bank National Association and C Bass Mtg Loan Asset Backed Certificate
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
Kaep Holdings Llc $409,300 Amerititle
Tri Light Llc $190,000 First American
Equity Trust Company $146,962 Amerititle
Us Bank National Association $175,000 None Available
U S Bank National Association $175,000 None Available
U S Bank National Association $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaep Holdings Llc $416,063
Previous Owner Freshour Holdings Llc $58,469
Previous Owner Tri Light Llc $193,600
Previous Owner Schroeder Norman E $174,600
Previous Owner Schroeder Norman E $118,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $146,962 -7.1% $82 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/04/2020 02/04/20 Price Changed $158,200 0.0% $88 / Sq Ft
02/04/2020 02/04/20 For Sale $158,200 -0.5% $88 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $159,000 0.0% $88 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $159,000 -- $88 / 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 $2,115 $107,740 -- --
2023 $2,053 $104,610 $0 $0
2022 $1,936 $101,570 $0 $0
2021 $1,881 $98,620 $0 $0
2020 $1,826 $95,750 $0 $0
2019 $1,762 $92,970 $0 $0
2018 $1,793 $0 $0 $0
2017 $1,619 $0 $0 $0
2016 $1,542 $0 $0 $0
2015 $1,554 $0 $0 $0
2014 $1,504 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Leslie Edwards

    REALHome Services & Solutions, Inc.

  • D

    Buyer's Agent in 2020

    DEREK SCHUMPERT

    HomeSmart Realty Group

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19030206

Regional Multiple Listing Service (RMLS)

APN: 587589

Oregon Marion County Salem 97301 Highland

1922 Commercial St SE, Salem, OR

This home is located at 1922 Commercial St SE, Salem, OR 97302 since 14 August 2019 and is currently estimated at $380,146, approximately $210 per square foot. This property was built in 1910. 1922 Commercial St SE 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.

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