NOT LISTED FOR SALE

2429 Lee St SE Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $267,000 - $322,223

2 Beds
1 Bath
1,680 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $166,000 $99 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,829/month

1 Day on Market

Highlights

  • Wood Flooring
  • No HOA
  • Built-In Features
  • Private Yard
  • 1 Car Detached Garage
  • 5-minute walk to Lee Park

About This Home

As of May 2019

1918 bungalow in the heart of Salem has original hardwood floors under carpets, built-in cabinetry in kitchen nook, wood fireplace, arched doorways, full unfinished basement just to name a few. Great rental home/investment opportunity, recently rented. 1 car detached garage/off street parking. Possible future commercial development. Large back yard. Easy access to I-5 & downtown.

Last Agent to Sell the Property

Kay Grening

Premiere Property Group, LLC License #201105096 Listed on: 04/29/2019

Premiere Property Group, LLC

Last Buyer's Agent

George Michael Wright

RE/MAX Integrity License #201224359

RE/MAX Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,777

Year Built

  • Built in 1918

Lot Details

  • 7,840 Sq Ft Lot
  • Fenced
  • Level Lot
  • Private Yard

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Laundry Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 590309

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,777

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1918
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, Laundry, TileFloor, WalltoWallCarpet, WoodFloors
  • Room 4 Description: Nook
  • Room 4 Features: BuiltinFeatures
  • Room 4 Level: Main
  • Room 5 Description: UtilityRoom
  • Room 5 Level: Lower
  • Basement: FullBasement
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Pantry, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 90
  • Bedroom 7 Area: 110
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Other
  • Exterior Features: Fenced, ToolShed, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Lot Size Acres: 0.18
  • Lot Size: 7650
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 590309

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 1776.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
May 22, 2019
Sold by
Bailey Benjamin J
Bought by
Ryan Ava and Misiewicz Eric
Seller's Agent
Kay Grening
Premiere Property Group, LLC
Buyer's Agent
George Michael Wright
RE/MAX Integrity
List Price
$165,000
Sold Price
$166,000
Premium/Discount to List
$1,000
0.61%
Current Estimated Value
$303,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,556
Avg. Annual Appreciation
9.98%
Original Mortgage
$132,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2008
Sold by
Casey Michael P and Casey Susan E
Bought by
Bailey Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,511
Interest Rate
6.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ryan Ava $166,000 First American Title
Ryan Ava $166,000 First American Title
Bailey Benjamin J $132,450 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Misiewicz Eric $126,175
Closed Ryan Ava $132,000
Previous Owner Bailey Benjamin J $128,408
Previous Owner Bailey Benjamin J $126,511
Previous Owner Casey Michael P $30,000
Previous Owner Casey Michael P $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $166,000 +0.6% $99 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $165,000 -- $98 / 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 $2,097 $106,780 -- --
2023 $2,035 $103,670 $0 $0
2022 $1,919 $100,660 $0 $0
2021 $1,864 $97,730 $0 $0
2020 $1,810 $94,890 $0 $0
2019 $1,746 $92,130 $0 $0
2018 $1,777 $0 $0 $0
2017 $1,604 $0 $0 $0
2016 $1,528 $0 $0 $0
2015 $1,539 $0 $0 $0
2014 $1,490 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kay Grening

    Seller's Agent in 2019

    Kay Grening

    Premiere Property Group, LLC

    (503) 989-4204

    65 Total Sales

    Kay Grening
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19300639

Regional Multiple Listing Service (RMLS)

APN: 590309

Oregon Marion County Salem 97301 Southeast Salem

2429 Lee St SE, Salem, OR

This home is located at 2429 Lee St SE, Salem, OR 97301 since 29 April 2019 and is currently estimated at $303,556, approximately $180 per square foot. This property was built in 1918. 2429 Lee St 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.

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