NOT LISTED FOR SALE

251 Magnolia Ct NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $315,000 - $467,000

4 Beds
2 Baths
1,440 Sq Ft
$266/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $181,000 $126 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,243/month

163 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • High Speed Internet
  • Mud Room
  • Zoned Heating
  • 1-minute walk to West Salem Park

About This Home

As of February 2018

Nice interior renovated vintage charm duplex across the street from park, Good for owner occupied or investor. Hardwood floors, new carpet and interior paint Rent history between 750. and 810. with owner paid water and sewer. Property priced for quick sale and being sold as is. Owner is a Oregon Real Estate Broker.

Last Agent to Sell the Property

Marie Hoskins

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #891200175 Listed on: 08/14/2017

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Last Buyer's Agent

MEGAN ENRIGHT

KELLER WILLIAMS REALTY -ALBANY License #201218509

KELLER WILLIAMS REALTY -ALBANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1940

Lot Details

  • 10,019

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Mud Room
  • Dining Area
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Shed
  • 10,019 Sq Ft Lot

Community Details

  • Operating Expense $3,482
  • Net Operating Income $14,302

Listing and Financial Details

  • Legal Lot and Block 6 / 8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,882

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Nice interior renovated vintage charm duplex across the street from park, Good for owner occupied or investor. Hardwood floors, new carpet and interior paint Rent history between 750. and 810. with owner paid water and sewer. Property priced for quick sale and being sold as is. Owner is a Oregon Real Estate Broker.
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Negotiable Inclusions: 2 stoves, 1 refrigerator
  • Flooring: Carpet, Wood
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 125.69
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 124.93

Exterior Features

  • Foundation: Continuous
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Utilities

  • Heating: Gas, Electric, Wall Furnace, Zonal
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Chapman Hill
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.23
  • Lot: 6
  • Lot Type: Dimension Above
  • Price Per Acre: 782173.91
  • Property Use Type: Investment

Rental Info

  • Total Expenses: 3482

Multi Family

  • Additional Land Available: 17784
  • Net Income: 14302
  • Gross Sched Income: 18720
  • Unit Types: Flat

Tax Info

  • Tax Account Number: 261201
  • Tax Amount: 1882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Apr 6, 2018
Sold by
Monfalcone Diana
Bought by
Pyasetskyy Roman and Pyasetskyy Chelsea
Seller's Agent
Marie Hoskins
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Buyer's Agent
MEGAN ENRIGHT
KELLER WILLIAMS REALTY -ALBANY
List Price
$199,900
Sold Price
$181,000
Premium/Discount to List
-$18,900
-9.45%
Current Estimated Value
$383,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,558
Avg. Annual Appreciation
10.33%

Purchase Details

Listed on
Aug 14, 2017
Closed on
Feb 7, 2018
Sold by
Advantage Equities 10555 Llc
Bought by
Pyasetskyy Roman and Monfalcone Diana
Seller's Agent
Marie Hoskins
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Buyer's Agent
MEGAN ENRIGHT
KELLER WILLIAMS REALTY -ALBANY
List Price
$199,900
Sold Price
$181,000
Premium/Discount to List
-$18,900
-9.45%
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
Pyasetskyy Roman -- None Available
Pyasetskyy Roman $181,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $181,000 +0.6% $126 / Sq Ft
10/23/2017 10/23/17 Price Changed $179,900 +9.0% $125 / Sq Ft
10/13/2017 10/13/17 Price Changed $165,000 -15.2% $115 / Sq Ft
09/26/2017 09/26/17 Price Changed $194,500 -2.7% $135 / Sq Ft
08/14/2017 08/14/17 For Sale $199,900 -- $139 / 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 $2,522 $137,830 $47,960 $89,870
2024 $2,522 $133,820 $46,560 $87,260
2023 $2,449 $129,930 $45,210 $84,720
2022 $2,370 $126,150 $43,890 $82,260
2021 $2,303 $122,480 $42,610 $79,870
2020 $2,235 $118,920 $41,360 $77,560
2019 $2,157 $115,460 $40,160 $75,300
2018 $2,121 $112,100 $38,990 $73,110
2017 $1,911 $108,840 $37,850 $70,990
2016 $1,866 $105,670 $36,740 $68,930
2015 -- $102,600 $35,670 $66,930
Source: Public Records

Agents Affiliated with this Home

  • Marie Hoskins

    Seller's Agent in 2018

    Marie Hoskins

    BHHS Oregon- Professionals

    (503) 559-2929

    21 Total Sales

    Marie Hoskins
    Section Image

  • M

    Buyer's Agent in 2018

    MEGAN ENRIGHT

    KELLER WILLIAMS REALTY -ALBANY

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 722740

Willamette Valley MLS

APN: 261201

Oregon Polk County Salem 97304 West Salem

251 Magnolia Ct NW, Salem, OR

This home is located at 251 Magnolia Ct NW, Salem, OR 97304 since 14 August 2017 and is currently estimated at $383,558, approximately $266 per square foot. This property was built in 1940. 251 Magnolia Ct NW is a home located in Polk County with nearby schools including Kalapuya Elementary School, Walker 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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