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 Lot

Sale Details

Date 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

9,000 Sq Ft Lot

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
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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

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

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Map

Source: Willamette Valley MLS

MLS Number: 667849

Willamette Valley MLS

APN: 073W14BC08400

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