NOT LISTED FOR SALE

248 Elma Ave SE Salem, OR 97317

Estimated Value: $417,000 - $514,000

6 Beds
2 Baths
2,038 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $151,500 $74 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $2,667/month

147 Days on Market

About This Home

As of September 2014

This home is located at 248 Elma Ave SE, Salem, OR 97317 since 13 February 2014 and is currently estimated at $454,707, approximately $223 per square foot. This property was built in 1979. 248 Elma Ave SE is a home located in Marion County with nearby schools including Four Corners Elementary School, Houck Middle School, and South Salem High School.

Last Agent to Sell the Property

Don Madsen

HOMESMART REALTY GROUP License #780303524 Listed on: 02/13/2014

HOMESMART REALTY GROUP

Last Buyer's Agent

Holly Ivy-Wyllie

KNIPE REALTY ERA POWERED License #200602414

KNIPE REALTY ERA POWERED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1979

Lot Details

  • 8,276

Home Design

  • 2,038 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Exclusions: Coin op W/D

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,937

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Syndicated Remarks: Attention non-profit groups. This dwelling is vacant & would make an excellent group home. New carpet being installed 2-14. Has been a group home for the past 10+ years but is now vacant for the next opportunity. Very large bedrooms & 2 spacious eating areas. Sixth bedroom is off living room & would make an excellent bedroom or office. Nice patio & rear yard with room for a garden. It is believed some doors meet ADA standards. Price to sell. See MLS# 673214
  • Cross Street: State
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Coin op W/D
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Price Per Sq Ft: 74.34
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 73.36

Lot Info

  • Geo Subdivision: OR

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2016
Sold by
Greer James W
Bought by
Greer James W and Greer Helen L
Current Estimated Value
$454,707

Purchase Details

Listed on
Feb 13, 2014
Closed on
Jul 30, 2014
Sold by
Sfp Enterprises Llc
Bought by
Greer James W
Seller's Agent
Don Madsen
HOMESMART REALTY GROUP
Buyer's Agent
Holly Ivy-Wyllie
KNIPE REALTY ERA POWERED
List Price
$154,900
Sold Price
$151,500
Premium/Discount to List
-$3,400
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$151,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2001
Sold by
Ferris Dwight and Dillow James W
Bought by
Brookpine 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
Greer James W -- None Available
Greer James W $151,500 Fidelity National Title
Brookpine Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greer James W $152,482
Closed Greer James W $151,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2014 09/03/14 Sold $151,500 -2.2% $74 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $154,900 -- $76 / 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 $2,937 $178,070 -- --
2023 $2,786 $172,890 $0 $0
2022 $2,635 $167,860 $0 $0
2021 $2,610 $162,980 $0 $0
2020 $2,448 $158,240 $0 $0
2019 $2,468 $153,640 $0 $0
2018 $2,484 $0 $0 $0
2017 $2,113 $0 $0 $0
2016 $2,018 $0 $0 $0
2015 $1,996 $0 $0 $0
2014 $1,860 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Madsen

    Seller's Agent in 2014

    Don Madsen

    HOMESMART REALTY GROUP

    (503) 851-1366

    1 in this area

    23 Total Sales

    Don Madsen
    Section Image
  • Holly Ivy-Wyllie

    Buyer's Agent in 2014

    Holly Ivy-Wyllie

    KNIPE REALTY ERA POWERED

    (503) 851-5940

    3 in this area

    33 Total Sales

    Holly Ivy-Wyllie
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 673215

Willamette Valley MLS

APN: 323811

Oregon Marion County Salem 97317

248 Elma Ave SE, Salem, OR

This home is located at 248 Elma Ave SE, Salem, OR 97317 since 13 February 2014 and is currently estimated at $454,707, approximately $223 per square foot. This property was built in 1979. 248 Elma Ave SE is a home located in Marion County with nearby schools including Four Corners Elementary School, Houck 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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