$870,000
SOLD MAR 28, 2025

2157 Nomad Ct SE Unit 2163 Salem, OR 97306

South Gateway Neighborhood
8 Beds
4 Baths
4,092 Sq Ft
9,660 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

5% Below List Price

68 Days on Market

Highlights

  • Covered patio or porch
  • Landscaped
  • High Speed Internet
  • Covered Deck
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of March 2025

Fantastic investment opportunity! This 4-plex is located within the desirable Sprague High School boundary and offers convenience with nearby shopping and essential amenities. One unit has been completely remodeled, showcasing modern updates, while the other units are in excellent condition. A perfect addition to your rental portfolio or an excellent option for owner-occupied living with rental income potential. Don’t miss out on this well-maintained property in a prime location!

Last Agent to Sell the Property

Phil Bailey

LEGACY REAL ESTATE License #201219039 Listed on: 01/16/2025

Last Buyer's Agent

Brittany Mitchell

MANOR REALTY License #201216285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,741

Year Built

  • Built in 1979

Lot Details

  • 9,660 Sq Ft Lot
  • Lot Dimensions are 105x92
  • Partially Fenced Property
  • Landscaped

Home Design

  • 4,092 Sq Ft Home
  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Lap Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Washer and Dryer Hookup

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Schools

  • Battlecreek Elementary School
  • Judson Middle School
  • Sprague High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenant Personal Property
  • Legal Lot and Block 11 / 10

Community Details

Overview

  • 4 Units
  • Southbrook 02 Subdivision

Building Details

  • Water Sewer Expense $2,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,741

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Electric, Microwave Included
  • Syndicated Remarks: Fantastic investment opportunity! This 4-plex is located within the desirable Sprague High School boundary and offers convenience with nearby shopping and essential amenities. One unit has been completely remodeled, showcasing modern updates, while the other units are in excellent condition. A perfect addition to your rental portfolio or an excellent option for owner-occupied living with rental income potential. Don’t miss out on this well-maintained property in a prime location!
  • Cross Street: 20th Ave SE
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenant Personal Property
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 212.61
  • Price Per Sq Ft: 223.61

Exterior Features

  • Patio: Covered Deck, Covered Patio
  • Exterior Color: Yellow
  • Fenced Yard: Partial
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Electric, Forced Air, Ductless/Mini-Split
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Sewer: City
  • Water/Sewer: 2317

Schools

  • Elementary School: Battlecreek
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.22
  • Estimated Lot Dimensions: 105x92
  • Estimated Lot Sq Ft: 9660
  • Lot: 11
  • Lot Type: Common Area
  • Price Per Acre: 4159090.91
  • Zoning: RM2
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 591813
  • Tax Amount: 6741

Multi Family

  • Number Of Units: 4

MLS Schools

  • HighSchool: Sprague
  • Middle School: Judson
  • Elementary School: Battlecreek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Mar 25, 2025
Sold by
Saephan Kao C and Saephan Liaw C
Bought by
Norman Sally and Norman Anthony
Seller's Agent
Phil Bailey
LEGACY REAL ESTATE
Buyer's Agent
Brittany Mitchell
MANOR REALTY
List Price
$915,000
Sold Price
$870,000
Premium/Discount to List
-$45,000
-4.92%
Total Days on Market
68
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.73%
Original Mortgage
$620,000
Outstanding Balance
$620,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$246,667

Purchase Details

Closed on
Aug 17, 2017
Sold by
Pacific Holdings Investments Llc
Bought by
Saephan Kao C and Saephan Liaw C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,563
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2015
Sold by
Eagle Eye Holdings Inc
Bought by
Pacific Holdings Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 3, 2014
Closed on
Apr 29, 2014
Sold by
Edwards John C and Edwards Della M
Bought by
Eagle Eye Holdings Inc
Seller's Agent
Chris Stewart
WINDERMERE PACIFIC WEST PROP
Buyer's Agent
Sam Labbe
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$307,500
Sold Price
$297,500
Premium/Discount to List
-$10,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$298,357
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2010
Sold by
Kee Investments Llc
Bought by
Edwards John C and Edwards Della M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Edelbrock Gary R and Edelbrock Patricia L
Bought by
Bowder Bradley R and Bowder Sheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $870,000 Amerititle
Warranty Deed $385,000 First American
Bargain Sale Deed -- Ticor Title
Warranty Deed $297,500 Ticor Title
Warranty Deed $285,000 Fidelity Natl Title Co Of Or
Warranty Deed $257,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $340,000 New Conventional
Previous Owner $352,563 FHA
Previous Owner $232,500 Commercial
Previous Owner $298,357 New Conventional
Previous Owner $213,750 New Conventional
Previous Owner $240,000 Fannie Mae Freddie Mac
Previous Owner $205,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $870,000 -4.9% $213 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $915,000 +207.6% $224 / Sq Ft
04/30/2014 04/30/14 Sold $297,500 -3.3% $73 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $307,500 -- $75 / 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 $6,741 $343,350 -- --
2023 $6,543 $333,350 $0 $0
2022 $6,169 $323,650 $0 $0
2021 $5,993 $314,230 $0 $0
2020 $5,818 $305,080 $0 $0
2019 $5,613 $296,200 $0 $0
2018 $5,713 $0 $0 $0
2017 $5,156 $0 $0 $0
2016 $4,911 $0 $0 $0
2015 $4,948 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 824516

Willamette Valley MLS

APN: 591813