NOT LISTED FOR SALE

2427 Morrow Ct NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $560,000 - $682,000

5 Beds
4 Baths
2,518 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $461,000 $183 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,900/month

89 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Territorial View
  • Home Office
  • High Speed Internet

About This Home

As of March 2019

One unit vacant and available to be viewed and occupy! This is a pride of ownership duplex and the owner has invested substantially in upgrades over the last few years. Units feature forced air heating, air conditioning, indoor laundry, attached garages. 3 bed / 2 bathroom townhouse style on one side, and 2 bedroom/ 2 bathroom single level on the other. Each unit has its own water, power & gas meter. Wonderful neighborhood of mostly single family homes.

Last Agent to Sell the Property

Dolf DeVos

IPMG, INC License #901100210 Listed on: 11/01/2018

Last Buyer's Agent

Ali Morrison

WINDERMERE HERITAGE License #201203600

WINDERMERE HERITAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,816

Year Built

  • Built in 1998

Lot Details

  • 9,148

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,518 Sq Ft Home
  • Gas Fireplace
  • Dining Area
  • Home Office
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • 9,148 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tax Lot 27

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,816

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Home Warranty: Negotiable
  • Range Facility: Built-In
  • Syndicated Remarks: One unit vacant and available to be viewed and occupy! This is a pride of ownership duplex and the owner has invested substantially in upgrades over the last few years. Units feature forced air heating, air conditioning, indoor laundry, attached garages. 3 bed / 2 bathroom townhouse style on one side, and 2 bedroom/ 2 bathroom single level on the other. Each unit has its own water, power & gas meter. Wonderful neighborhood of mostly single family homes.
  • Cross Street: Doaks Ferry
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenants personal property
  • Fireplace: Gas
  • Negotiable Inclusions: Kitchen appliances
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Wood
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Bonus Rooms: Office
  • Price Per Sq Ft: 183.08
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 184.27

Exterior Features

  • Patio: Deck
  • Roof: Composition, Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Gas
  • Sewer: City

Schools

  • Elementary School: Brush College
  • Middle School: Straub
  • High School: West Salem

Lot Info

  • Acres: 0.21
  • Estimated Lot Sq Ft: 9148
  • Lot: 27
  • Price Per Acre: 2209523.81
  • Zoning: RS
  • Property Use Type: Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Multi Family

  • Unit Types: Flat, Town Home
  • Number Of Units: 2

Tax Info

  • Tax Account Number: 543952
  • Tax Amount: 4816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Mar 21, 2019
Sold by
Tappe Rodney W
Bought by
Clarke Cole N and Clarke Katie E
Seller's Agent
Dolf DeVos
IPMG, INC
Buyer's Agent
Ali Morrison
WINDERMERE HERITAGE
List Price
$473,000
Sold Price
$461,000
Premium/Discount to List
-$12,000
-2.54%
Current Estimated Value
$630,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,115
Avg. Annual Appreciation
4.89%
Original Mortgage
$476,213
Outstanding Balance
$418,672
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$211,443

Purchase Details

Closed on
Jul 27, 2016
Sold by
Tappe Rodney W
Bought by
Tappe Rodney W and R W Tappe Trust

Purchase Details

Closed on
Oct 20, 2014
Sold by
Runyon Mary Nell
Bought by
Tappe Rodney W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
4.08%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Clarke Cole N $461,000 Ticor Title Company Of Or
Tappe Rodney W -- None Available
Tappe Rodney W $285,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Cole N $476,213
Previous Owner Tappe Rodney W $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $461,000 0.0% $183 / Sq Ft
01/31/2019 01/31/19 Off Market $461,000 -- --
01/29/2019 01/29/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $464,000 -1.9% $184 / Sq Ft
11/01/2018 11/01/18 For Sale $473,000 -- $188 / 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
2025 $6,552 $358,130 $67,680 $290,450
2024 $6,552 $347,700 $65,710 $281,990
2023 $6,362 $337,580 $63,790 $273,790
2022 $6,159 $327,750 $61,940 $265,810
2021 $5,983 $318,210 $60,140 $258,070
2020 $5,805 $308,950 $58,390 $250,560
2019 $5,603 $299,960 $56,690 $243,270
2018 $5,510 $291,230 $55,040 $236,190
2017 $4,966 $282,750 $53,440 $229,310
2016 $4,847 $274,520 $51,880 $222,640
2015 -- $264,410 $48,000 $216,410
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dolf DeVos

    IPMG, INC

    Section Image
  • Ali Morrison

    Buyer's Agent in 2019

    Ali Morrison

    WINDERMERE HERITAGE

    (503) 689-3652

    16 in this area

    107 Total Sales

    Ali Morrison
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 741284

Willamette Valley MLS

APN: 543952

Oregon Polk County Salem 97304 West Salem

2427 Morrow Ct NW, Salem, OR

This home is located at 2427 Morrow Ct NW, Salem, OR 97304 since 01 November 2018 and is currently estimated at $630,115, approximately $250 per square foot. This property was built in 1998. 2427 Morrow Ct NW is a home located in Polk County with nearby schools including Brush College Elementary School, Straub Middle School, and West 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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