NOT LISTED FOR SALE

2040 Market St NE Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $362,000 - $387,000

2 Beds
2 Baths
2,396 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $300,000 $125 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,335/month

10 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Landscaped
  • Wood Flooring
  • Shed
  • Forced Air Heating System

About This Home

As of May 2022

Hard to find Fixer on Large .26 acre lot! 2 bedroom 2 bathroom home with attached single car garage and full unfinished basement with 2 additional rooms. Huge potential to fix and flip and build accessory dwelling unit in the back with alley access. Hardwood floors on main and upper level. Updated Furnace.

Last Agent to Sell the Property

Chun Truong

HOMESMART REALTY GROUP License #199911024 Listed on: 04/13/2022

HOMESMART REALTY GROUP

Last Buyer's Agent

Eddie

WORKS REAL ESTATE License #200708089

WORKS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 1939

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 50x240
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,396 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 5 / A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,912

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Electric
  • Syndicated Remarks: Hard to find Fixer on Large .26 acre lot! 2 bedroom 2 bathroom home with attached single car garage and full unfinished basement with 2 additional rooms. Huge potential to fix and flip and build accessory dwelling unit in the back with alley access. Hardwood floors on main and upper level. Updated Furnace.
  • Cross Street: 21st St
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Wood
  • Negotiable Inclusions: Washer & Dryer, Freezer
  • Flooring: Wood, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Basement: Full, Unfinished
  • Price Per Sq Ft: 125.21
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 135.6

Exterior Features

  • Patio: Deck
  • Fenced Yard: Partial
  • Foundation: Slab
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Aluminum

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Forced Air
  • High Speed Comm Access: Unknown
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.26
  • Estimated Lot Dimensions: 50x240
  • Estimated Lot Sq Ft: 11326
  • Flood Plain: Unknown
  • Lot: 5
  • Price Per Acre: 1249615.38
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2021
  • Tax Account Number: 579841
  • Tax Amount: 2912

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

Mortgage History

Date Status Borrower Loan Amount
Closed Zatta Jaclyn Danielle $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $300,000 -7.7% $125 / Sq Ft
04/13/2022 04/13/22 For Sale $324,900 -- $136 / 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 $3,178 $161,860 -- --
2023 $3,084 $157,150 $0 $0
2022 $2,908 $152,580 $0 $0
2021 $2,825 $148,140 $0 $0
2020 $2,828 $143,830 $0 $0
2019 $2,647 $139,650 $0 $0
2018 $2,694 $0 $0 $0
2017 $2,431 $0 $0 $0
2016 $2,316 $0 $0 $0
2015 $2,333 $0 $0 $0
2014 $2,258 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chun Truong

    Seller's Agent in 2022

    Chun Truong

    HOMESMART REALTY GROUP

    (503) 851-3167

    7 in this area

    200 Total Sales

    Section Image
  • Eddie

    Buyer's Agent in 2022

    Eddie

    WORKS REAL ESTATE

    (503) 856-6869

    8 in this area

    60 Total Sales

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Map

Source: Willamette Valley MLS

MLS Number: 791041

Willamette Valley MLS

APN: 579841

Oregon Marion County Salem 97301 Northeast Neighbors

2040 Market St NE, Salem, OR

This home is located at 2040 Market St NE, Salem, OR 97301 since 13 April 2022 and is currently estimated at $378,907, approximately $158 per square foot. This property was built in 1939. 2040 Market St NE is a home located in Marion County with nearby schools including Englewood 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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