NOT LISTED FOR SALE

Estimated Value: $506,292 - $576,000

4 Beds
4 Baths
2,730 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $497,500 $182 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,348/month

40 Days on Market

About This Home

As of May 2022

4 plex consisting of (1) 3 bed / 1 bath house with two studio apartments in the basement and a 1 bed/ 1 bath house all on one lot. Please do not disturb the residents

Last Agent to Sell the Property

Gabe Johansen

SMI Commercial Real Estate LLC License #201202003 Listed on: 02/23/2022

SMI Commercial Real Estate LLC

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,987

Year Built

  • Built in 1920

Lot Details

  • 5,227

Interior Spaces

  • 2-Story Property
  • Finished Basement

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,987

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2730
  • Stories: 2
  • Year Built: 1920
  • Property Condition: Approximately
  • Remarks Public: 4 plex consisting of (1) 3 bed / 1 bath house with two studio apartments in the basement and a 1 bed/ 1 bath house all on one lot. Please do not disturb the residents
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: BROOKSIDE ADD SALEM FR LOT 2 BLK 4
  • Basement: Finished

Exterior Features

  • Lot Size: 5K-6,999SF

Utilities

  • Sewer: Public Sewer
  • Water Description: Public Water

Schools

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

Lot Info

  • Zoning: RM

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3441.22
  • Assessor Parcel Number: R67423
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2014
Sold by
Hurlburt Lora J
Bought by
Maggie Mae Llc and Daisydog Llc
Total Days on Market
40
Current Estimated Value
$539,323
Source: Public Records

Similar Homes in Salem, OR

  • 2565 Lee (- 2567) St SE, Salem, OR 97301

    $599,000

    • 6 Beds
    • 4 Baths
    • 2,400 Sq Ft
    • 2565 Lee (- 2567) St SE
    • Salem, OR

    Delightful one level duplex in Southeast Salem, perfect for first-time homebuyers or savvy investors. Each unit features 3 bedrooms and 2 bathrooms, offering a modernized kitchen with stainless steel appliances. The primary bedroom includes a spacious walk-in closet and a sliding glass door leading to the back patio. Freshly painted throughout, this property provides an excellent opportunity for

    Shawntel Brown COLDWELL BANKER BAIN

    Section Image
  • 952 Gaines St NE Unit 958, Salem, OR 97301

    $574,900

    • 4 Beds
    • 4 Baths
    • 2,200 Sq Ft
    • 952 Gaines St NE
    • Unit 958
    • Salem, OR

    Accepted Offer with Contingencies. Great income property! Conveniently located 4-plex with long term tenants. featuring updated units exterior paint, new lifetime metal roof. Property has off street parking. Basement set up for coin-op laundry on its own meter. Buyer to due their own due diligence on other possible uses. 3 units on 1 year leases 1 unit on month to month.

    Joel Gander GANDER PROPERTY GROUP

    Section Image
  • 645 E St NE, Salem, OR 97301

    $495,000

    • 4 Beds
    • 3 Baths
    • 2,011 Sq Ft
    • 645 E St NE
    • Salem, OR

    Accepted Offer with Contingencies. Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding and exterior paint. Newer roof and some windows. The 2-bedroom cottage at 645 E St has a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each

    Kenneth Marshall VINTAGE REALTY NORTHWEST

    Section Image
  • 635 E St NE, Salem, OR 97301

    $595,000

    • 4 Beds
    • 3 Baths
    • 1,906 Sq Ft
    • 635 E St NE
    • Salem, OR

    Accepted Offer with Contingencies. Rare opportunity to own three homes on one lot! Two 1945-built one-bedroom cottages and one newly built 2-bedroom casita. 635 E was recently renovated and rent went from $575 to $1245! New 2-bedroom unit in finishing stages now. Great opportunity for first time buyers or investors! Great potential or in-law(s) to live in separate, but close home. Each unit has

    Kenneth Marshall VINTAGE REALTY NORTHWEST

    Section Image
  • 581 Highland Ave NE Unit 595, Salem, OR 97301

    $425,000

    • 3 Beds
    • 3 Baths
    • 1,615 Sq Ft
    • 581 Highland Ave NE
    • Unit 595
    • Salem, OR

    Great investment opportunity with this fully remodeled triplex. Each unit has it's own unique floor plan and high ceilings. All units are occupied.

    Linn Holdhusen Keller Williams PDX Central

    Section Image
  • 1117 6th St NW, Salem, OR 97304

    $679,900

    • 6 Beds
    • 4 Baths
    • 1117 6th St NW
    • Salem, OR

    Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units.Great investment with

    Chris Forrette Coldwell Banker Mountain West

    Section Image
  • 1117 6th (-1119) St NW, Salem, OR 97304

    $679,900

    • 6 Beds
    • 4 Baths
    • 2,989 Sq Ft
    • 1117 6th (-1119) St NW
    • Salem, OR

    Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units. Great investment

    Chris Forrette COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    Section Image
  • 4743 Palomino (-4753) Ct SE, Salem, OR 97317

    $475,000

    • 4 Beds
    • 3 Baths
    • 1,914 Sq Ft
    • 4743 Palomino (-4753) Ct SE
    • Salem, OR

    Nice duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. This is a great opportunity for someone needing dual living or for someone that wants to live in one side. Seller is a licensed real estate

    Peggy Kernan WILD HORSE REAL ESTATE

    Section Image
  • 4743 Palomino Ct SE Unit 4753, Salem, OR 97317

    $475,000

    • 4 Beds
    • 12 Baths
    • 1,914 Sq Ft
    • 4743 Palomino Ct SE
    • Unit 4753
    • Salem, OR

    Nice Duplex located on a cul-de-sac. Close to shopping and easy access to I-5 north or south. Both units have their own individual yards and garages. Laundry hookups in garage. 4743 has new carpet and interior paint and is available to show with appointment. Great opportunity for someone that wants to live in one side. Seller is a licensed real estate broker in the State of Oregon. Buyer

    Peggy Kernan Wild Horse Real Estate

    Section Image

Range of Values:

Collateral Analytics

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 Buyer Sale Price Title Company
Maggie Mae Llc $200,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hurlburt Lora J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $497,500 -5.2% $182 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $525,000 -4.5% $192 / Sq Ft
02/23/2022 02/23/22 For Sale $550,000 -- $201 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,987 $203,080 -- --
2023 $3,870 $197,170 $0 $0
2022 $3,649 $191,430 $0 $0
2021 $3,545 $185,860 $0 $0
2020 $3,548 $180,450 $0 $0
2019 $3,320 $175,200 $0 $0
2018 $3,379 $0 $0 $0
2017 $3,050 $0 $0 $0
2016 $2,905 $0 $0 $0
2015 $2,927 $0 $0 $0
2014 $2,832 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22327534

Regional Multiple Listing Service (RMLS)

APN: 567423