$195,000
SOLD OCT 6, 2017

2231 Townsend Way SE Unit 2235 Salem, OR 97301

Southeast Salem Neighborhood
4 Beds
2 Baths
1,896 Sq Ft
0.26 Acres

Recently Sold

$103 Per Sq Ft

2% Below List Price

41 Days on Market

Highlights

  • 0.26 Acre Lot
  • Fenced Yard
  • Washer and Dryer
  • Wood Flooring
  • Landscaped
  • 3-minute walk to Lee Park

About This Home

As of December 2021

Investment opportunity! Water frontage duplex with newer roof, paint, updated carpet & cabinets. Unit 2231 has hardwood floors. Central location that is close to shopping, schools, and bus lines. Fenced backyard. Same owner is also selling 2241 Townsend (& 925 Ford) Way SE.

Last Agent to Sell the Property

Erin Shaw

HOMESTAR BROKERS License #200603041 Listed on: 07/15/2017

Last Buyer's Agent

Nicole Shuba

MANOR REALTY License #200508130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1975

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Cedar Siding
  • T111 Siding

Interior Spaces

  • 1,896 Sq Ft Home
  • Dining Area
  • Washer and Dryer

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Flood Zone Lot

Utilities

  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Creekside Community

Listing and Financial Details

  • Legal Lot and Block 2 / 9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,325

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Built-In, Electric
  • Syndicated Remarks: Investment opportunity! Water frontage duplex with newer roof, paint, updated carpet & cabinets. Unit 2231 has hardwood floors. Central location that is close to shopping, schools, and bus lines. Fenced backyard. Same owner is also selling 2241 Townsend (& 925 Ford) Way SE.
  • Cross Street: Ford
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Tile, Wood
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Included
  • Price Per Sq Ft: 102.85
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 105.43

Exterior Features

  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: T111

Utilities

  • Heating: Electric
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.26
  • Flood Plain: Yes
  • Lot: 2
  • Lot Type: Dimension Above
  • Price Per Acre: 768846.15
  • Zoning: RD
  • Property Name: Creekside

Tax Info

  • Tax Account Number: R67303
  • Tax Amount: 2325

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 15, 2021
Sold by
Stebbins Emily S and Crocker Emily S
Bought by
Merrill Dawn Marie
Seller's Agent
Nicole Shuba
MANOR REALTY
Buyer's Agent
Peter Fricke
iHOMES
List Price
$365,000
Sold Price
$380,000
Premium/Discount to List
$15,000
4.11%
Current Estimated Value
$411,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,771
Avg. Annual Appreciation
2.19%
Original Mortgage
$304,000
Outstanding Balance
$282,387
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$128,724

Purchase Details

Listed on
Jul 15, 2017
Closed on
Sep 30, 2017
Sold by
Houston Jesse J and Houston Shari L
Bought by
Crocker Emily S
Seller's Agent
Erin Shaw
HOMESTAR BROKERS
Buyer's Agent
Nicole Shuba
MANOR REALTY
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.22%
Original Mortgage
$191,468
Interest Rate
3.82%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2015
Sold by
Gillar Alena
Bought by
Houston Jesse J and Houston Shari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2014
Sold by
Gillar Alena
Bought by
Gillar Alena and Alena Gillar Trust

Purchase Details

Closed on
Dec 23, 2004
Sold by
Carter Daniel
Bought by
Gillar Alena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,160
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2001
Sold by
High Michael
Bought by
Dz Investment Group
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $380,000 Fidelity National Title
Warranty Deed $195,000 Fidelity Natl Title Co Of Or
Warranty Deed $148,000 Ticor Title
Interfamily Deed Transfer -- None Available
Warranty Deed $135,200 Ticor Title
Bargain Sale Deed -- Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Open $304,000 New Conventional
Previous Owner $186,305 FHA
Previous Owner $191,468 FHA
Previous Owner $111,000 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $108,160 Purchase Money Mortgage
Closed $27,040 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $380,000 +4.1% $200 / Sq Ft
10/19/2021 10/19/21 For Sale $365,000 +87.2% $193 / Sq Ft
10/06/2017 10/06/17 Sold $195,000 -2.5% $103 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $199,900 -- $105 / 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 $3,192 $162,570 -- --
2023 $3,098 $157,840 $0 $0
2022 $2,921 $153,250 $0 $0
2021 $2,838 $148,790 $0 $0
2020 $1,636 $144,460 $0 $0
2019 $1,579 $140,260 $0 $0
2018 $2,705 $0 $0 $0
2017 $2,442 $0 $0 $0
2016 $2,326 $0 $0 $0
2015 $2,343 $0 $0 $0
2014 $2,268 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 721301

Willamette Valley MLS

APN: 567303