NOT LISTED FOR SALE

2587 5th St NE Unit 2595 Salem, OR 97301

Highland Neighborhood
6 Beds
5 Baths
2,600 Sq Ft
9,000 Sq Ft Lot

Last Sold December 31, 2013

Last sale price $209,000 $80 Per Sq Ft

141 Days on Market

Highlights

  • Living Room with Fireplace
  • Home Office
  • Landscaped
  • Territorial View
  • Shed
  • High Speed Internet

About This Home

As of December 2013

This home is located at 2587 5th St NE Unit 2595, Salem, OR 97301 since 12 August 2013. This property was built in 1950. 2587 5th St NE Unit 2595 is a home located in Marion County with nearby schools including Highland Elementary School, Parrish Middle School, and North Salem High School.

Last Agent to Sell the Property

Hector Garcia

JOHN L. SCOTT-SALEM License #200504159 Listed on: 08/12/2013

JOHN L. SCOTT-SALEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 1950

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Landscaped

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Territorial Views
  • Gas Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 2 / 2

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $239
  • Fuel Expense $82
  • Insurance Expense $956
  • Trash Expense $823
  • Water Sewer Expense $2,482
  • Operating Expense $10,636
  • Net Operating Income $17,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,583

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Gas
  • Syndicated Remarks: New flooring in most all units and completely insulated floors and attic in all units and vinyl windows. This is the investment you are looking for. Three units have new fridges and water heaters. Great location with many close by amenities for tenants.
  • Cross Street: Locust
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Living Room
  • Negotiable Inclusions: Appliances, Window coverings
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Bonus Rooms: Office
  • Source Of Sq Ft: County

Exterior Features

  • Exterior Color: White
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Gas
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Electric: 239
  • Garbage: 823
  • Gas: 82
  • Insurance: 956
  • Water/Sewer: 2482

Condo/Co-op/Association

  • Mgmt Acct: 350

Lot Info

  • Acres: 0.21
  • Estimated Lot Dimensions: 75X120
  • Estimated Lot Sq Ft: 9000
  • Lot: 2
  • Lot Type: Dimension Above
  • Zoning: RS
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 10636

Multi Family

  • Additional Land Available: 28020
  • Net Income: 17384
  • Gross Sched Income: 28920
  • Unit Types: Flat
  • Number Of Units: 5

Tax Info

  • Tax Amount: 2583

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $209,000 -2.8% $80 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $215,000 -- $83 / 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 $3,921 $205,700 -- --
2024 $3,921 $199,710 -- --
2023 $3,806 $193,900 $0 $0
2022 $3,588 $188,260 $0 $0
2021 $3,486 $182,780 $0 $0
2020 $3,489 $177,460 $0 $0
2019 $3,799 $172,300 $0 $0
2018 $3,323 $0 $0 $0
2017 $2,999 $0 $0 $0
2016 $2,857 $0 $0 $0
2015 $2,878 $0 $0 $0
2014 $2,786 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hector Garcia

    Seller's Agent in 2013

    Hector Garcia

    JOHN L. SCOTT-SALEM

    (503) 931-8501

    3 in this area

    97 Total Sales

    Hector Garcia
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 667849

Willamette Valley MLS

APN: 073W14BC08400

Oregon Marion County Salem 97301 Highland

2587 5th St NE Unit 2595, Salem, OR

Not Listed for Sale

MultiFamily

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

Nearby Homes