NOT LISTED FOR SALE

240 16th St SE Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $376,702 - $415,000

3 Beds
2 Baths
1,676 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $340,000 $203 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,293/month

Highlights

  • Private Yard
  • Attached Garage
  • Low Kitchen Cabinetry
  • Porch
  • Patio
  • 4-minute walk to Mill Race Park

About This Home

As of July 2022

Investors Dream! Large family room, new vinyl flooring and interior paint through out main level. Updated bathrooms, new fixtures, ss kitchen appliances, bonus space upstairs that could be used as a fourth & fifth bedroom - quaint front porch, mudroom w/ an attached 1-car garage and over-sized backyard w/ new fence.

Last Agent to Sell the Property

Jeni White

Eleete Real Estate License #201237766 Listed on: 05/22/2022

Co-Listed By

Tony Apa

ELEETE Real Estate License #201216668

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1923

Lot Details

  • Fenced
  • Level Lot
  • Private Yard
  • Property is zoned RS101

Parking

  • Attached Garage
  • Garage on Main Level
  • Driveway
  • On-Street Parking

Home Design

  • Fixer Upper
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-in Shower
  • 2-Story Property
  • Vinyl Clad Windows
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Laminate

Accessible Home Design

  • Low Kitchen Cabinetry
  • Accessibility Features

Outdoor Features

  • Patio
  • Porch

Utilities

  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,634

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story
  • Sq Ft Calculated: 1676
  • Sq Ft Approximate Total: 1676
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1923
  • Property Condition: Fixer
  • Remarks Public: Investors Dream! Large family room, new vinyl flooring and interior paint through out main level. Updated bathrooms, new fixtures, ss kitchen appliances, bonus space upstairs that could be used as a fourth & fifth bedroom - quaint front porch, mudroom w/ an attached 1-car garage and over-sized backyard w/ new fence.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Kitchen Cabinets, Walk-in Shower, Garage on Main, Main Floor Bedroom w/Bath
  • Additional Rooms: Bonus Room
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Interior Amenities: Washer/Dryer, Wall to Wall Carpet, Laminate Flooring
  • Kitchen Appliances: Dishwasher, Built-in Oven, Free-Standing Refrigerator
  • Legal Description: CAPITAL PARK ADD SALEM LOT 3 BLK 2
  • Sq Ft Main Level: 1128
  • Upper Level Sq Ft: 548
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: Bonus Room,On Level: Upper
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Lap Siding
  • Exterior Features: Fenced, Patio, Porch, Yard
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Concrete, Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard
  • Internet Service Type: Cable, Wireless
  • Security: Unknown

Schools

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

Lot Info

  • Lot Description: Level
  • Acres: 0.11
  • Zoning: RS101

Tax Info

  • Tax Amount: 2273.36
  • Assessor Parcel Number: R68313
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2020
Sold by
Mcshane Peggy
Bought by
Mcshane Richard
Current Estimated Value
$390,926

Purchase Details

Closed on
Sep 12, 2017
Sold by
Central Homes Property Management Llc
Bought by
Mcshane Peggy and Mcshane Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2015
Sold by
Pollman Robert Dean and Pollman Melissa
Bought by
Central Homes Property Management Llc

Purchase Details

Listed on
May 25, 2012
Closed on
Aug 14, 2012
Sold by
Federal National Mortgage Association
Bought by
Pollman Robert Dean and Pollman Melissa
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$84,900
Sold Price
$74,900
Premium/Discount to List
-$10,000
-11.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%

Purchase Details

Closed on
May 15, 2012
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 9, 2012
Sold by
Zuniga Maria
Bought by
Suntrust Mortgage Inc
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
Mcshane Richard $9,215 None Available
Mcshane Peggy -- Amerititle
Central Homes Property Management Llc -- None Available
Pollman Robert Dean $74,900 First American
Federal National Mortgage Association -- Fatco
Suntrust Mortgage Inc $128,668 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcshane Peggy $186,558
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $340,000 0.0% $203 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/29/2022 05/29/22 Price Changed $340,000 -5.6% $203 / Sq Ft
05/22/2022 05/22/22 For Sale $360,000 +380.6% $215 / Sq Ft
08/23/2012 08/23/12 Sold $74,900 -11.8% $45 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $84,900 -- $51 / 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 $2,634 $134,150 -- --
2023 $2,556 $130,250 $0 $0
2022 $2,410 $126,460 $0 $0
2021 $2,342 $122,780 $0 $0
2020 $2,344 $119,210 $0 $0
2019 $2,261 $115,740 $0 $0
2018 $2,232 $0 $0 $0
2017 $2,015 $0 $0 $0
2016 $1,919 $0 $0 $0
2015 $1,934 $0 $0 $0
2014 $1,871 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeni White

    Seller's Agent in 2022

    Jeni White

    Eleete Real Estate

    (503) 964-0576

    1 in this area

    55 Total Sales

    Jeni White
    Section Image
  • Tony Apa

    Seller Co-Listing Agent in 2022

    Tony Apa

    ELEETE Real Estate

    (503) 806-9773

    1 in this area

    151 Total Sales

    Tony Apa
    Section Image
  • Brian Smith

    Seller's Agent in 2012

    Brian Smith

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-8510

    2 in this area

    157 Total Sales

    Brian Smith
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22228942

Regional Multiple Listing Service (RMLS)

APN: 568313

Oregon Marion County Salem 97301 Southeast Salem

240 16th St SE, Salem, OR

This home is located at 240 16th St SE, Salem, OR 97301 since 22 May 2022 and is currently estimated at $390,926, approximately $233 per square foot. This property was built in 1923. 240 16th St SE is a home located in Marion County with nearby schools including Bush Elementary School, Leslie Middle School, and South Salem High School.

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