NOT LISTED FOR SALE

246 17th St SE Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $502,703 - $705,000

6 Beds
6 Baths
3,200 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $229,000 $72 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,423/month

73 Days on Market

Highlights

  • Laundry Facilities
  • Lap Siding
  • Heating System Uses Gas
  • Washer and Dryer
  • Carpet
  • 3-minute walk to Mill Race Park

About This Home

As of May 2013

This home is located at 246 17th St SE, Salem, OR 97301 since 16 February 2013 and is currently estimated at $588,426, approximately $183 per square foot. This property was built in 1914. 246 17th St SE is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Kimberly Strand

HOMESMART REALTY GROUP License #900800043 Listed on: 02/16/2013

HOMESMART REALTY GROUP

Co-Listed By

April Larson

JOHN L. SCOTT-SALEM License #200509275

Last Buyer's Agent

Natalie Rybakov

HOMESMART REALTY GROUP License #200610196

HOMESMART REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,467

Year Built

  • Built in 1914

Lot Details

  • 6,098

Home Design

  • 3,200 Sq Ft Home
  • Quadruplex
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Range
  • Washer and Dryer
  • 6,098 Sq Ft Lot
  • Flood Zone Lot
  • Finished Basement

Community Details

Building Details

  • Electric Expense $2,148
  • Fuel Expense $828
  • Insurance Expense $1,628
  • Trash Expense $804
  • Water Sewer Expense $2,326
  • Net Operating Income $12,000

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,467

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Dual Living: Yes
  • Range Facility: Range Included
  • Syndicated Remarks: Victorian Style 6 Plex with 4 Studio apts and Two 1 Bedroom units. All untils currently rented. Shared Laundry facilities with washer & dryer provided by seller. Several long term tenants with potential for rent increase. Updated with new appliances throughout. Low maintenance landscaping, parking in the rear. Centrally located close to Willamette University and down town. On the bus line. Willing to negotiate. Will carry contract.
  • Cross Street: State
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Negotiable Inclusions: 6 Refrigerators, 6 Stoves, 1 washer 1 dryer
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Basement: Finished
  • Laundry: Laundry Center, W/D Included
  • Price Per Sq Ft: 71.56
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 71.56

Exterior Features

  • Exterior Color: Tan
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap

Utilities

  • Heating: Gas, Electric
  • High Speed Comm Access: Unknown
  • Water: Connected, City
  • Water Heater: Gas
  • Electric: 2148
  • Garbage: 804
  • Gas: 828
  • Insurance: 1628
  • Sewer: City
  • Water/Sewer: 2326

Lot Info

  • Acres: 0.14
  • Flood Plain: Yes
  • Lot Type: Dimension Above
  • Price Per Acre: 1635714.29
  • Zoning: RD
  • Geo Subdivision: OR

Multi Family

  • Net Income: 12000
  • Gross Sched Income: 29400
  • Unit Types: Quad/Shared
  • Number Of Units: 6

Tax Info

  • Tax Account Number: R68325
  • Tax Amount: 2467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2013
Closed on
May 30, 2013
Sold by
Powers Patrick F
Bought by
Hessong Gwen and Capps Doug
Seller's Agent
Kimberly Strand
HOMESMART REALTY GROUP
Buyer's Agent
Natalie Rybakov
HOMESMART REALTY GROUP
List Price
$249,900
Sold Price
$229,000
Premium/Discount to List
-$20,900
-8.36%
Current Estimated Value
$588,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,426
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Oct 9, 2007
Sold by
Taylor Elizabeth
Bought by
Powers Patrick F
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
Hessong Gwen $229,000 Fidelity National Title Or
Powers Patrick F -- Fatco
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $229,000 -8.4% $72 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
02/16/2013 02/16/13 For Sale $249,900 -- $78 / 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
2024 $3,634 $185,090 -- --
2023 $3,527 $179,700 $0 $0
2022 $3,325 $174,470 $0 $0
2021 $3,230 $169,390 $0 $0
2020 $3,136 $164,460 $0 $0
2019 $3,026 $159,670 $0 $0
2018 $3,080 $0 $0 $0
2017 $2,779 $0 $0 $0
2016 $2,647 $0 $0 $0
2015 $2,667 $0 $0 $0
2014 $2,582 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Strand

    Seller's Agent in 2013

    Kimberly Strand

    HOMESMART REALTY GROUP

    (503) 580-9937

    9 Total Sales

    Kimberly Strand
    Section Image

  • A

    Seller Co-Listing Agent in 2013

    April Larson

    JOHN L. SCOTT-SALEM

    Section Image
  • Natalie Rybakov

    Buyer's Agent in 2013

    Natalie Rybakov

    HOMESMART REALTY GROUP

    (503) 990-2782

    2 in this area

    169 Total Sales

    Natalie Rybakov
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 660916

Willamette Valley MLS

APN: 568325

Oregon Marion County Salem 97301 Southeast Salem

246 17th St SE, Salem, OR

This home is located at 246 17th St SE, Salem, OR 97301 since 16 February 2013 and is currently estimated at $588,426, approximately $183 per square foot. This property was built in 1914. 246 17th 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.

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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