NOT LISTED FOR SALE

Estimated Value: $468,757 - $569,000

4 Beds
2 Baths
2,160 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $354,900 $164 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,198/month

Highlights

  • Formal Dining Room
  • Landscaped
  • High Speed Internet
  • Zoned Heating
  • Washer and Dryer
  • 3-minute walk to College Heights Park

About This Home

As of July 2020

Great turnkey property in desirable West Salem location! Both units just over 1,000 sq ft, 2 bedrooms, 1 bath w/ laundry room. New carpet & floor coverings, stainless appliances, new roof in 2017. Appliances, washers/dryers included with sale and covered by extended warranty until 2023. Each unit has its own garage. Professionally managed with rents at $1195 & $1040.

Last Agent to Sell the Property

Kristin Hurley

PREMIERE PROPERTY GROUP, LLC License #201207938 Listed on: 05/28/2020

PREMIERE PROPERTY GROUP, LLC

Last Buyer's Agent

Tim Meinhart

COLDWELL BANKER BAIN License #801204002

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1979

Lot Details

  • 10,525 Sq Ft Lot
  • Landscaped
  • Irregular Lot

Home Design

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

Interior Spaces

  • 2,160 Sq Ft Home
  • Formal Dining Room
  • Natural lighting in basement
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Net Operating Income $20,720

Listing and Financial Details

  • Legal Lot and Block 15 / 20

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,134

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Great turnkey property in desirable West Salem location! Both units just over 1,000 sq ft, 2 bedrooms, 1 bath w/ laundry room. New carpet & floor coverings, stainless appliances, new roof in 2017. Appliances, washers/dryers included with sale and covered by extended warranty until 2023. Each unit has its own garage. Professionally managed with rents at $1195 & $1040.
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement: Daylight
  • Dining Room: Formal
  • Laundry: W/D Hookup, W/D Included
  • Price Per Sq Ft: 164.31
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 164.31

Exterior Features

  • Exterior Color: White
  • Foundation: Continuous, Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Myers
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.24
  • Estimated Lot Sq Ft: 10525
  • Lot: 15
  • Lot Type: Irregular
  • Price Per Acre: 1478750
  • Zoning: RS
  • Geo Subdivision: OR

Multi Family

  • Net Income: 20720
  • Gross Sched Income: 26820
  • Number Of Units: 2

Tax Info

  • Tax Amount: 4134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 29, 2020
Sold by
Mast Kyle R and Mast Hannah L
Bought by
Cramer Steven J and Cramer Adella M
Seller's Agent
Kristin Hurley
PREMIERE PROPERTY GROUP, LLC
Buyer's Agent
Tim Meinhart
COLDWELL BANKER BAIN
List Price
$354,900
Sold Price
$354,900
Current Estimated Value
$523,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,039
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Dec 22, 2017
Sold by
Advantage Equities 10555 Llc
Bought by
Mast Kyle R and Mast Hannah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2017
Sold by
Hoskins Marie J
Bought by
Advantage Equities 10555 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Hoskins Steven R
Bought by
Hoskins Marie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,950
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
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
Cramer Steven J $354,900 Multiple
Mast Kyle R $275,000 Fidelity National Title
Advantage Equities 10555 Llc -- Fidelity National Title
Hoskins Marie J -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mast Kyle R $206,250
Previous Owner Hoskins Marie J $131,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2020 07/08/20 Sold $354,900 0.0% $164 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $354,900 -- $164 / 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
2025 $4,916 $268,700 $80,350 $188,350
2024 $4,916 $260,880 $78,010 $182,870
2023 $4,774 $253,290 $75,740 $177,550
2022 $4,621 $245,920 $73,530 $172,390
2021 $4,489 $238,760 $71,390 $167,370
2020 $4,356 $231,810 $69,310 $162,500
2019 $4,204 $225,060 $67,290 $157,770
2018 $4,134 $218,510 $65,330 $153,180
2017 $3,726 $212,150 $63,430 $148,720
2016 $3,637 $205,980 $61,580 $144,400
2015 -- $199,990 $59,780 $140,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 764058

Willamette Valley MLS

APN: 263531