Great Investment Opportunity! Each unit has a kitchen that opens to the dining area, large great room, 2 bedrooms and 2 bathrooms. Private patio. Separate laundry outbuilding. Located short distance to downtown Salem and I-5! This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.
Syndicated Remarks: Great Investment Opportunity! Each unit has a kitchen that opens to the dining area, large great room, 2 bedrooms and 2 bathrooms. Private patio. Separate laundry outbuilding. Located short distance to downtown Salem and I-5! This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.
Cross Street: Ferry
Year Built: 1971
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Flooring: Vinyl
Total Bathrooms: 4
Total Bedrooms: 4
Dining Room: Area (Combination)
Price Per Sq Ft: 96.16
Source Of Sq Ft: County
Price Per Sq Ft: 85.18
Exterior Features
Patio: Patio
Exterior Color: Gray
Fenced Yard: Partial
Foundation: Continuous
Landscape: Yes
Roof: Composition
Siding: Wood
Siding Style: T111
Utilities
Water Heater: Gas
Lot Info
Acres: 0.2
Estimated Lot Sq Ft: 8640
Flood Plain: Unknown
Lot Type: Dimension Above
Price Per Acre: 899500
Property Use Type: Investment, Vacant/Owner-User
Multi Family
Unit Types: Flat
Number Of Units: 2
Tax Info
Tax Account Number: R68327
Tax Amount: 3211
Ownership History
DateNameOwned ForOwner Type
Mar 2018 - PresentPachelo Michael D7 Years and 3 Months
Private Individual
Purchase Details
Listed on
Feb 2, 2018
Closed on
Mar 27, 2018
Sold by
Fannie Mae
Bought by
Pachelo Michael D
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Natalie Rybakov
HOMESMART REALTY GROUP
List Price
$179,900
Sold Price
$203,100
Premium/Discount to List
$23,200
12.9%
Total Days on Market
34
Current Estimated Value
$411,941
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,841
Avg. Annual Appreciation
10.34%
Original Mortgage
$180,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Jun 2016 - Mar 2018Federal National Mortgage Association1 Year and 9 Months
Company
Purchase Details
Closed on
Jun 3, 2016
Sold by
Knignt Robert B
Bought by
Federal National Mortgage Association
Nov 2015 - Jun 2016Federal National Mortgage Association7 Months
Company
Purchase Details
Closed on
Nov 17, 2015
Sold by
Knight Robert B
Bought by
Federal National Mortgage Association
Nov 2006 - Nov 2015Knight Properties Llc9 Years
Company
Purchase Details
Closed on
Nov 16, 2006
Sold by
Knight Robert B
Bought by
Knight Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.28%
Mortgage Type
Unknown
Oct 2006 - Nov 2006Knight Robert B1 Month
Private Individual
Purchase Details
Closed on
Oct 11, 2006
Sold by
Knight Properties Llc
Bought by
Knight Robert B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.28%
Mortgage Type
Unknown
Mar 2006 - Oct 2006Knight Robert B7 Months
Private Individual
Purchase Details
Closed on
Mar 13, 2006
Sold by
Gaskell Penny M
Bought by
Knight Robert B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac
Mar 2006 - Mar 2006Knight Properties LlcLess than a month
Company
Purchase Details
Closed on
Mar 10, 2006
Sold by
Knight Robert B
Bought by
Knight Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Accepted Offer with Contingencies. Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding and exterior paint. Newer roof and some windows. The 2-bedroom cottage at 645 E St has a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each
Opportunity awaits with this ideally located triplex in desirable NW Salem. Just minutes from shops, businesses, and the Salem-Dallas Highway, this property offers excellent convenience, making it a strong draw for tenants and helps keep vacancies low. Unit 1440.5 has been recently renovated, and the entire exterior has been freshly painted, allowing the next owner to step in with minimal work.
Nice duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. This is a great opportunity for someone needing dual living or for someone that wants to live in one side. Seller is a licensed real estate
Nice Duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. Great opportunity for someone that wants to live in one side. Seller is a licensed real estate broker in the State of Oregon. Buyer
Accepted Offer with Contingencies. Large single level duplex with garages close to Chemeketa Community College. Close proximity to Lancaster which provides tenants easy access to transportation and shopping. Please DO NOT disturb the tenants. Showings with accepted offer to purchase. Tenants pay garbage, gas, electricity and yard care. Additional photos available upon request.
Accepted Offer with Contingencies. Large single level duplex with garages close to Chemeketa Community College. Close proximity to Lancaster which provides tenants easy access to transportation and shopping. Please DO NOT disturb the tenants. Showings with accepted offer to purchase. Tenants pay garbage, gas, electricity and yard care. Additional photos available upon request.
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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
Pachelo Michael D
$2,031,000
Lawyers Title
Federal National Mortgage Association
$190,000
None Available
Federal National Mortgage Association
$190,000
None Available
Knight Properties Llc
--
Accommodation
Knight Robert B
--
Ticor Title
Knight Robert B
$180,000
Lawyers Title Ins
Knight Properties Llc
--
Lawyers Title Ins
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Pachelo Michael D
$73,055
Open
Pachelo Michael D
$256,000
Closed
Pachelo Michael D
$198,900
Closed
Pachelo Michael D
$180,000
Previous Owner
Knight Robert B
$180,000
Previous Owner
Knight Robert B
$22,500
Previous Owner
Knight Robert B
$144,000
Previous Owner
Knight Properties Llc
$18,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
03/30/201803/30/18
Sold
$203,100
+12.9%
$96 / Sq Ft
03/08/201803/08/18
Pending
--
--
--
02/26/201802/26/18
For Sale
$179,900
0.0%
$85 / Sq Ft
02/16/201802/16/18
Pending
--
--
--
02/02/201802/02/18
For Sale
$179,900
--
$85 / Sq Ft
Source: Willamette Valley MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 211 18th St SE, Salem, OR 97301 since 02 February 2018 and is currently estimated at $411,941, approximately $195 per square foot. This property was built in 1971. 211 18th St SE is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South 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.
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