NOT LISTED FOR SALE

2015 Debbie Way NE Salem, OR 97301

Lansing Neighborhood

Estimated Value: $347,000 - $370,000

40 Beds
13 Baths
12,062 Sq Ft
$29/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $2,100,000 $174 Per Sq Ft

Current estimated payment $2,194/month

4 Days on Market

Highlights

  • 1.75 Acre Lot
  • Patio
  • Forced Air Heating System
  • Territorial View
  • Landscaped
  • High Speed Internet

About This Home

As of August 2019

This is an incredible opportunity to own & control a complete subdivision of 5 duplexes & 3 single family property all on their separate tax lots & all on a privately owned street. One unit built in 1946 all the rest built in 1973. Many upgrades in these units to included new electric, plumbing, windows, insulation, roofs, countertops & cabinets, carpet, vinyl & much more.Sellers licensed RE brokers. Package available in associated docs.

Last Listed By

Bill Adams

WILLIAM E. ADAMS, MAI Listed on: 04/14/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,760

Year Built

  • Built in 1973

Lot Details

  • 1.75 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 12,062 Sq Ft Home
  • Dining Area
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 13 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1-8

Community Details

Overview

  • 13 Units
  • Debbie Way Community

Building Details

  • Electric Expense $400
  • Insurance Expense $3,036
  • Maintenance Expense $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,760

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: This is an incredible opportunity to own & control a complete subdivision of 5 duplexes & 3 single family property all on their separate tax lots & all on a privately owned street. One unit built in 1946 all the rest built in 1973. Many upgrades in these units to included new electric, plumbing, windows, insulation, roofs, countertops & cabinets, carpet, vinyl & much more.Sellers licensed RE brokers. Package available in associated docs.
  • Cross Street: Sunnyview
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 13
  • Total Bedrooms: 40
  • Dining Room: Area (Combination)
  • Price Per Sq Ft: 174.1
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 183.63

Exterior Features

  • Patio: Patio
  • Exterior Color: Various
  • Fenced Yard: Partial
  • Foundation: Continuous, Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • View: Territorial

Utilities

  • Heating: Electric, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Electric: 400
  • Insurance: 3036
  • Sewer: City

Condo/Co-op/Association

  • Maintenance: 12000

Schools

  • Elementary School: Washington
  • Middle School: Waldo
  • High School: North Salem

Lot Info

  • Acres: 1.75
  • Lot: 1-8
  • Lot Type: Irregular
  • Price Per Acre: 1265714.29
  • Zoning: RS
  • Property Name: Debbie Way
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R342417-R342424
  • Tax Amount: 21760

Multi Family

  • Number Of Units: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Conklin Jeffrey T
Bought by
Jd Conklin Family Holdings Co
Total Days on Market
4
Current Estimated Value
$354,132

Purchase Details

Listed on
Apr 14, 2019
Closed on
Aug 22, 2019
Sold by
Plex Properties Llc
Bought by
Conklin Jeffrey T and Conklin Debra
Seller's Agent
Bill Adams
WILLIAM E. ADAMS, MAI
Buyer's Agent
Tom Jiang
COLDWELL BANKER VALLEY BROKERS
List Price
$2,215,000
Sold Price
$2,100,000
Premium/Discount to List
-$115,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.82%
Original Mortgage
$137,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2019
Closed on
Aug 19, 2019
Sold by
Hoag Robert and Hoag Linda L
Bought by
Plex Properties Llc
Seller's Agent
Bill Adams
WILLIAM E. ADAMS, MAI
Buyer's Agent
Tom Jiang
COLDWELL BANKER VALLEY BROKERS
List Price
$2,215,000
Sold Price
$2,100,000
Premium/Discount to List
-$115,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2012
Sold by
Plex Properties Llc
Bought by
Hoag Robert and Hoag Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,044
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2010
Sold by
Hoag Robert W and Hoag Linda L
Bought by
Plex Properties Llc

Purchase Details

Closed on
Jan 30, 2008
Sold by
Fischer Ronald E and Fischer Debbie Ann
Bought by
Hoag Robert W and Hoag Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

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
Jd Conklin Family Holdings Co $91,000 None Listed On Document
Conklin Jeffrey T $250,000 Fidelity Natl Ttl Co Of Or
Plex Properties Llc -- Fidelity Natl Ttl Co Of Or
Hoag Robert -- Accommodation
Plex Properties Llc -- None Available
Hoag Robert W $155,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conklin Jeffrey T $137,500
Previous Owner Hoag Robert W $30,690
Previous Owner Hoag Robert $121,044
Previous Owner Hoag Robert W $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $2,100,000 -5.2% $174 / Sq Ft
07/23/2019 07/23/19 For Sale $2,215,000 +5.5% $184 / Sq Ft
07/12/2019 07/12/19 Off Market $2,100,000 -- --
04/18/2019 04/18/19 Pending -- -- --
04/14/2019 04/14/19 For Sale $2,215,000 -- $184 / 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 $2,771 $141,110 -- --
2023 $2,689 $137,000 $0 $0
2022 $2,535 $133,010 $0 $0
2021 $2,463 $129,140 $0 $0
2020 $2,465 $125,380 $0 $0
2019 $2,378 $121,730 $0 $0
2018 $2,348 $0 $0 $0
2017 $2,119 $0 $0 $0
2016 $2,018 $0 $0 $0
2015 $2,034 $0 $0 $0
2014 $1,968 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 747233

Willamette Valley MLS

APN: 342424