Attention Investors! Unlock the potential of this exceptional 0.22 acre corner lot, ideally suited for multifamily development. Situated in a vibrant neighborhood, this parcel offers remarkable flexibility, with the possibility for the lot to be divided or built on. Buyer to do due diligence with City of Salem. Close proximity to bus lines, shopping, and entertainment! Seize the chance to create a lucrative multifamily housing project in a thriving community.
Syndicated Remarks: Attention Investors! Unlock the potential of this exceptional 0.22 acre corner lot, ideally suited for multifamily development. Situated in a vibrant neighborhood, this parcel offers remarkable flexibility, with the possibility for the lot to be divided or built on. Buyer to do due diligence with City of Salem. Close proximity to bus lines, shopping, and entertainment! Seize the chance to create a lucrative multifamily housing project in a thriving community.
Cross Street: June Ave
Year Built: 1948
Home Style2: 2 Story
Special Features: None
Property Sub Type: Detached
Stories: 2
Interior Features
Exclusions: All personal property
Fireplace: Living Room
Flooring: Carpet, Vinyl
Total Bathrooms: 1.5
Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Number of Main Level Bathrooms: 1
Bedrooms: 3
Master Bedroom: On Level: 1/Main
Bedroom 2: On Level: 1/Main
Bedroom 3: On Level: 2/Upper
Dining Room: 1/Main, On Level: 1/Main
Living Room: On Level: 1/Main
Kitchen: On Level: 1/Main
Utility Room Level: 1/Main
Price Per Sq Ft: 143.54
Source Of Sq Ft: County
Price Per Sq Ft: 171.7
Exterior Features
Patio: Deck
Exterior Color: Blue
Fenced Yard: Yes
Foundation: Continuous
Out Buildings: Shed
Roof: Composition
Garage/Parking
Garage Capacity: 0
Utilities
High Speed Comm Access: Available
Sewer City: Yes
Water: Connected, City
Schools
Elementary School: Swegle
Middle School: Waldo
High School: McKay
Lot Info
Acres: 0.22
Estimated Lot Dimensions: 170 x 65
Estimated Lot Sq Ft: 9750
Flood Plain: Unknown
Lot: FR2
Lot Type: Dimension Above
Price Per Acre: 1136363.64
Rv Amenities: Area/Room For
Geo Subdivision: OR
Tax Info
Tax Years: 23/24
Tax Account Number: 559832
Tax Amount: 2343
MLS Schools
HighSchool: McKay
Middle School: Waldo
Elementary School: Swegle
Ownership History
DateNameOwned ForOwner Type
Oct 2024 - PresentMmtg Holdings Llc8 Months
Company
Purchase Details
Listed on
Jul 19, 2024
Closed on
Oct 4, 2024
Sold by
Harris Doris G
Bought by
Mmtg Holdings Llc
Seller's Agent
Katy Voves
HAVENROSE REAL ESTATE
Buyer's Agent
Sabrina James
SMI REAL ESTATE
List Price
$250,000
Sold Price
$209,000
Premium/Discount to List
-$41,000
-16.4%
Views
67
Current Estimated Value
$250,752
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Attention investors: what a great opportunity to rehab this project and re-sell or add to your rental portfolio. Equity possibilities for ambitious homeowners. Large .23 acre lot, fireplace, wood floors , covered patio in the back. See Instructions.
Accepted Offer with Contingencies. Home lives larger than it seems! Livingroom with arches, dining, kitchen with door to back yard, & full bath on main. Down to a family room with closet that has been used as the main bedroom. Utility room with door to back yard. Up the curved stairs leads to two bedrooms, and then up a short steep set of stairs to a bonus/play room (no closet) that has been
Location, location, location! This little home has had many updates in recent years, including: full kitchen renovation June 2025, all new plumbing 2024, ductless/mini-split installation & new range 2023, new electrical panel & repaired sewer line 2022, bathroom renovation, new refrigerator & gutters 2021, and all new interior paint & flooring throughout. Storage shed 12x6. This cozy home is
Charming 1-bedroom home with loft area . At 349 sq ft, this cozy home makes smart use of space and includes an attached shed for storage. Large front yard with mature apple tree offers room to garden or expand. Great investment opportunity with solid rental history. Ideal for downsizing, or income property. Convenient location with potential!
Attention investors, terrific south Salem location do not often come up at this price! Vaulted ceilings, corner lot, covered patio. Garage has been converted to a shop area. Ready for your vision and priced accordingly. Ambitious homeowners are welcome to submit w/ their rehab loans. See Instructions.
Accepted Offer with Contingencies. Attention Investors & Developers! Rare opportunity in South Salem, this property is in close to proximity to all types of amenities. You can make the home shine again or take advantage of the ability to build multifamily. Or do both, many options, you just have to run your ideas with the City. Also ask about the easement which would give you another access
Move-in ready with great use of every square foot! Features private front patio & custom back deck overlooking open field. Updated vinyl windows, new doors throughout, plus cadet heating. Convenient close parking. HOA covers water, sewer, garbage, exterior maintenance & pool access. Perfect blend of privacy and community amenities in prime location! Refer to MLS #829612.
Damonian PikeBERKSHIRE HATHAWAY HOMESERVICES R E PROF
You CAN buy a house for $230k! Fantastic home at Toketie Village! Located near shopping, parks, schools + On a bus line- Easy access to everything. Enjoy low maintenance living with slab foundation construction HOA-covered water, sewer, garbage, and exterior upkeep. Spacious layout and a prime South Salem location. Perfect for first-time buyers, downsizers, or investors looking for something to
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
Personal Reps Deed
$209,000
Amerititle
Source: Public Records
Mortgage History
Date
Status
Loan Amount
Loan Type
Previous Owner
$9,821
Credit Line Revolving
Previous Owner
$116,250
Balloon
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
10/07/202410/07/24
Sold
$209,000
-16.4%
$144 / Sq Ft
07/23/202407/23/24
For Sale
$250,000
--
$172 / 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 2194 Vaughn Ave NE, Salem, OR 97305 and is currently priced at $209,000, approximately $143 per square foot. This property was built in 1948. 2194 Vaughn Ave NE is a home located in Marion County with nearby schools including Swegle Elementary School, Waldo Middle School, and McKay 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