NOT LISTED FOR SALE

2241 Townsend Way SE Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $368,000 - $431,000

4 Beds
2 Baths
1,804 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $305,000 $169 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,336/month

8 Days on Market

Highlights

  • Patio
  • High Speed Internet
  • Partially Fenced Property
  • Baseboard Heating
  • Dining Area
  • 2-minute walk to Lee Park

About This Home

As of November 2022

INVESTMENT OPPORTUNITY! This water frontage duplex is a great fixer upper with so much potential! Bring your creative mind and restore. Close to schools, business, I5. Newer roof, corner lot. Buyer to do their own due diligence.

Last Agent to Sell the Property

David Wright

RE/MAX PLATINUM License #20004070 Listed on: 11/04/2022

RE/MAX PLATINUM

Last Buyer's Agent

Emilie Evans

NEXTHOME BRIDGE CITY License #201245111

NEXTHOME BRIDGE CITY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 1975

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,804 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 2 / 9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,947

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric
  • Syndicated Remarks: INVESTMENT OPPORTUNITY! This water frontage duplex is a great fixer upper with so much potential! Bring your creative mind and restore. Close to schools, business, I5. Newer roof, corner lot. Buyer to do their own due diligence.
  • 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
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 169.07
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 166.3

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition

Utilities

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

Schools

  • Elementary School: Richmond
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.22
  • Flood Plain: Unknown
  • Lot: 2
  • Lot Type: Dimension Above
  • Price Per Acre: 1363636.36
  • Zoning: RD
  • Property Use Type: Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Dec 4, 2015
Sold by
Gillar Alena
Bought by
Houston Jesse J and Houston Shari L
Seller's Agent
Bob Knight Princ. Broker
JOHN L. SCOTT-SALEM
Buyer's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$177,900
Sold Price
$147,000
Premium/Discount to List
-$30,900
-17.37%
Current Estimated Value
$393,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,866
Avg. Annual Appreciation
10.27%
Original Mortgage
$110,250
Outstanding Balance
$87,256
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$292,629

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
$104,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2001
Sold by
Cyr Tanya A
Bought by
Russell Robert and Russell Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Houston Jesse J $147,000 Ticor Title
Gillar Alena -- None Available
Gillar Alena $130,000 Ticor Title
Russell Robert $130,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Jesse J $110,250
Previous Owner Gillar Alena $104,000
Previous Owner Russell Robert $104,000
Closed Russell Robert $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $305,000 +1.7% $169 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $300,000 +104.1% $166 / Sq Ft
12/08/2015 12/08/15 Sold $147,000 -17.4% $81 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $177,900 -- $99 / 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 $2,947 $150,090 -- --
2023 $2,860 $145,720 $0 $0
2022 $2,697 $141,480 $0 $0
2021 $2,620 $137,360 $0 $0
2020 $2,622 $133,360 $0 $0
2019 $2,833 $129,480 $0 $0
2018 $2,497 $0 $0 $0
2017 $2,254 $0 $0 $0
2016 $2,147 $0 $0 $0
2015 $2,163 $0 $0 $0
2014 $2,077 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Wright

    Seller's Agent in 2022

    David Wright

    RE/MAX PLATINUM

    (541) 301-7125

    1 in this area

    88 Total Sales

    David Wright
    Section Image

  • E

    Buyer's Agent in 2022

    Emilie Evans

    NEXTHOME BRIDGE CITY

    Section Image

  • B

    Seller's Agent in 2015

    Bob Knight Princ. Broker

    JOHN L. SCOTT-SALEM

    Section Image
  • Gladys Blum

    Buyer's Agent in 2015

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    3 in this area

    761 Total Sales

    Gladys Blum
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 799528

Willamette Valley MLS

APN: 567302

Oregon Marion County Salem 97301 Southeast Salem

2241 Townsend Way SE, Salem, OR

This home is located at 2241 Townsend Way SE, Salem, OR 97301 since 04 November 2022 and is currently estimated at $393,866, approximately $218 per square foot. This property was built in 1975. 2241 Townsend Way 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.

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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