NOT LISTED FOR SALE
6 Beds
6 Baths
3,708 Sq Ft
0.27 Acres

Last Sold April 29, 2022

Last sale price $1,012,000 $273 Per Sq Ft

154 Days on Market

Highlights

  • Patio
  • Partially Fenced Property
  • Heating Available
  • Dining Area
  • Lap Siding

About This Home

As of April 2022

Recently renovated 1/1 units close to downtown, Willamette University, and central to all of Salem and Keizer. Recent renovations include new roofs, completely new sewer line, paint/siding, interior paint, flooring, kitchens, plumbing, electrical, and much more.

Last Agent to Sell the Property

Phil Bailey

LEGACY REAL ESTATE License #201219039 Listed on: 09/09/2021

Last Buyer's Agent

Jordan Sparks

SMI REAL ESTATE License #200610098

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,903

Year Built

  • Built in 1951

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,708 Sq Ft Home
  • Dining Area
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Block 1

Community Details

Overview

  • 6 Units
  • B St Cottages Community

Building Details

  • Fuel Expense $1,443
  • Insurance Expense $1,479
  • Maintenance Expense $2,500
  • Trash Expense $1,443
  • Water Sewer Expense $1,443
  • Operating Expense $24,022
  • Net Operating Income $59,539

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,903

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Built-In
  • Syndicated Remarks: Recently renovated 1/1 units close to downtown, Willamette University, and central to all of Salem and Keizer. Recent renovations include new roofs, completely new sewer line, paint/siding, interior paint, flooring, kitchens, plumbing, electrical, and much more.
  • Cross Street: Center/Catterlin
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposal: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Laminate
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 272.92
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 269.69

Exterior Features

  • Patio: Patio
  • Exterior Color: Grey
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Electric
  • Water: City
  • Water Heater: Electric
  • Garbage: 1443
  • Gas: 1443
  • Insurance: 1479
  • Sewer: City
  • Water/Sewer: 1443

Condo/Co-op/Association

  • Maintenance: 2500
  • Mgmt Acct: 5779

Lot Info

  • Acres: 0.27
  • Estimated Lot Sq Ft: 11760
  • Price Per Acre: 3703700
  • Zoning: RM2
  • Property Name: B St Cottages
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 24022

Multi Family

  • Additional Land Available: 83562
  • Net Income: 59539
  • Gross Sched Income: 87960
  • Unit Types: Flat
  • Number Of Units: 6

Tax Info

  • Tax Account Number: R67453
  • Tax Amount: 5903

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

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $1,012,000 +1.2% $273 / Sq Ft
12/15/2021 12/15/21 Price Changed $999,999 -90.9% $270 / Sq Ft
09/09/2021 09/09/21 For Sale $11,000,000 -- $2,967 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 783438

Willamette Valley MLS

APN: 073W23DD15300