NOT LISTED FOR SALE

1960 5th St NE Salem, OR 97301

Highland Neighborhood

Estimated Value: $334,000 - $482,000

3 Beds
2 Baths
1,604 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $459,900 $287 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,514/month

57 Days on Market

Highlights

  • Mud Room
  • Walk-In Pantry
  • Shed
  • Covered patio or porch
  • Fenced Yard
  • Tile Flooring

About This Home

As of May 2024

Incredibly Rare - Two houses on one property!! Adorable 1920's bungalow w/ 2BR/1 BA & loaded with charm! Fully fenced, beautifully landscaped yard for outdoor enjoyment. Updated laminate & tile flooring throughout, lovely gas frplc, fully remodeled bath & kit w/quartz countertops, large laundry/mud rm w/pantry & new water/sewer lines in 2018. Adorable back home (ADU) blt in '18 has 1 BR/1 BA is fully permitted. Lovely laminate & tile floors, newer dbl pane windows, open flr plan. This is a must see!!

Last Agent to Sell the Property

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 03/18/2024

Last Buyer's Agent

Holly Eckles

SMI REAL ESTATE License #201213566

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1920

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Fenced Yard
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding
  • Cedar Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • Gas Fireplace
  • Mud Room
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch
  • Shed

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Highland Elementary School
  • Parrish Middle School
  • North Salem High School

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Broadway Addition Subdivision

Listing and Financial Details

  • Tax Block 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,087

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Adu - Detached
  • Home Warranty: Negotiable
  • Range Facility: Built-In, Gas, Microwave Included
  • Syndicated Remarks: Incredibly Rare - Two houses on one property!! Adorable 1920's bungalow w/ 2BR/1 BA & loaded with charm! Fully fenced, beautifully landscaped yard for outdoor enjoyment. Updated laminate & tile flooring throughout, lovely gas frplc, fully remodeled bath & kit w/quartz countertops, large laundry/mud rm w/pantry & new water/sewer lines in 2018. Adorable back home (ADU) blt in '18 has 1 BR/1 BA is fully permitted. Lovely laminate & tile floors, newer dbl pane windows, open flr plan. This is a must see!!
  • Cross Street: Madison
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Gas
  • Flooring: Laminate, Tile, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Bonus Rooms: Mudroom, Walk-In Ptry
  • Price Per Sq Ft: 286.72
  • Price Per Sq Ft: 286.72

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Blue
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Board & Batt

Utilities

  • Heating: Electric, Zonal, Ductless/Mini-Split
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.14
  • Estimated Lot Dimensions: 50 x 120
  • Estimated Lot Sq Ft: 6000
  • Lot Type: Dimension Above
  • Price Per Acre: 3285000

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 567180
  • Tax Amount: 3087

Multi Family

  • Number Of Units: 2

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish
  • Elementary School: Highland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 10, 2024
Sold by
Smith Jami
Bought by
Gilbert Harrison Scott
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
Holly Eckles
SMI REAL ESTATE
List Price
$459,900
Sold Price
$459,900
Views
152
Current Estimated Value
$410,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,188
Avg. Annual Appreciation
-3.67%
Original Mortgage
$436,905
Outstanding Balance
$432,681
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$6,395

Purchase Details

Listed on
Jul 24, 2017
Closed on
Aug 25, 2017
Sold by
Jones Susanne B and Jones David H
Bought by
Smith Jami
Seller's Agent
JULIENNE RITTER-WARREN
HOMESMART REALTY GROUP
Buyer's Agent
Julie Rogers
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$195,000
Sold Price
$207,000
Premium/Discount to List
$12,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$100,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2015
Closed on
May 12, 2015
Sold by
Leary Sally P
Bought by
Jones Susanne B and Jones David H
Seller's Agent
JIM HOUCK
SUNDANCE REALTY LLC
Buyer's Agent
John Tate
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$135,000
Sold Price
$124,500
Premium/Discount to List
-$10,500
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.15%
Original Mortgage
$100,400
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
Gulzow David E and Gulzow Cindy J
Bought by
Leary Sally P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,751
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2004
Sold by
Morales Celestino Enciso and Medina Josefa Chavez
Bought by
Gulzow David E and Gulzow Cindy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
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
Gilbert Harrison Scott $459,900 Fidelity National Title
Smith Jami $207,000 Amerititle
Jones Susanne B $125,500 Ticor Title
Leary Sally P $115,850 Lawyers Title Insurance Corp
Gulzow David E $95,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Harrison Scott $436,905
Previous Owner Smith Jami $100,000
Previous Owner Jones Susanne B $100,400
Previous Owner Leary Sally P $113,751
Previous Owner Gulzow David E $102,800
Previous Owner Gulzow David E $76,000
Closed Gulzow David E $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $459,900 0.0% $287 / Sq Ft
03/18/2024 03/18/24 For Sale $459,900 +122.2% $287 / Sq Ft
09/15/2017 09/15/17 Sold $207,000 +6.2% $201 / Sq Ft
08/22/2017 08/22/17 For Sale $195,000 -5.8% $190 / Sq Ft
08/22/2017 08/22/17 Off Market $207,000 -- --
07/24/2017 07/24/17 For Sale $195,000 +56.6% $190 / Sq Ft
05/13/2015 05/13/15 Sold $124,500 -7.8% $121 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $135,000 -- $131 / 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 $3,181 $162,010 -- --
2023 $3,087 $157,300 $0 $0
2022 $2,911 $152,720 $0 $0
2021 $2,828 $148,280 $0 $0
2020 $2,746 $143,970 $0 $0
2019 $2,649 $139,780 $0 $0
2018 $2,120 $0 $0 $0
2017 $1,914 $0 $0 $0
2016 $1,823 $0 $0 $0
2015 $1,837 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gladys Blum

    Seller's Agent in 2024

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    10 in this area

    763 Total Sales

    Section Image
  • Holly Eckles

    Buyer's Agent in 2024

    Holly Eckles

    SMI REAL ESTATE

    (503) 580-6423

    1 in this area

    96 Total Sales

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  • JULIENNE RITTER-WARREN

    Seller's Agent in 2017

    JULIENNE RITTER-WARREN

    HOMESMART REALTY GROUP

    (503) 910-0753

    32 Total Sales

    Section Image
  • Julie Rogers

    Buyer's Agent in 2017

    Julie Rogers

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-5267

    81 Total Sales

    Section Image

  • J

    Seller's Agent in 2015

    JIM HOUCK

    SUNDANCE REALTY LLC

    Section Image

  • M

    Seller Co-Listing Agent in 2015

    Misti Houck

    SUNDANCE REALTY LLC

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 814471

Willamette Valley MLS

APN: 567180

Oregon Marion County Salem 97301 Highland

1960 5th St NE, Salem, OR

This home is located at 1960 5th St NE, Salem, OR 97301 since 18 March 2024 and is currently estimated at $415,829, approximately $259 per square foot. This property was built in 1920. 1960 5th St NE 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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