NOT LISTED FOR SALE

2590 Lancaster Dr NE Unit 2592 Salem, OR 97305

Hayesville Neighborhood

Estimated Value: $358,936 - $447,000

5 Beds
2 Baths
1,152 Sq Ft
$341/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $304,000 $264 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,333/month

Highlights

  • Corner Lot
  • Parking Storage or Cabinetry
  • Garage
  • Views

About This Home

As of December 2020

Investment property competitively priced! Duplex on corner lot with easy access to public transportation, all shopping and activities. 3bd / 1 ba on one side (with XL yard and private driveway) and 2 bd / 1 ba (with garage) on the other. Rent both sides or live in one, rent the other. Metal roof, large private and fenced yards, washer/dryer hookups. Spacious kitchen/dining and large living room. Well cared for with consistent rental history. Potential abounds!

Last Agent to Sell the Property

Julie Essex

eXp Realty LLC License #201218392 Listed on: 08/20/2020

eXp Realty LLC

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,889

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 8,712

Home Design

  • Plywood Siding Panel T1-11
  • Shake Siding
  • Concrete Perimeter Foundation

Attic

  • Storage In Attic

Parking

  • Garage
  • Parking Storage or Cabinetry

Additional Features

  • Range
  • Washer and Dryer Hookup
  • Crawl Space
  • Corner Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,889

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1961
  • Property Condition: Updated/Remodeled
  • Remarks Public: Investment property competitively priced! Duplex on corner lot with easy access to public transportation, all shopping and activities. 3bd / 1 ba on one side (with XL yard and private driveway) and 2 bd / 1 ba (with garage) on the other. Rent both sides or live in one, rent the other. Metal roof, large private and fenced yards, washer/dryer hookups. Spacious kitchen/dining and large living room. Well cared for with consistent rental history. Potential abounds!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOMBARD ADDITION, LOT FR 74, ACRES 0.198
  • Basement: Crawl Space
  • Storage: Attic, Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding, Shake Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Metal
  • View: City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Unit Features: Range, Washer/Dryer Hookup

Schools

  • Elementary School: Scott
  • Middle School: Waldo
  • High School: McKay

Lot Info

  • Lot Description: Corner Lot
  • Zoning: RM

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2420.85
  • Assessor Parcel Number: R53628
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.71

MLS Schools

  • Elementary School: Scott
  • High School: McKay
  • Middle School: Waldo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Dec 22, 2020
Sold by
Dumanovsky Alexander and Dumanovsky Raya
Bought by
Guzman Carlos and Guzman Yolanda
Seller's Agent
Julie Essex
eXp Realty LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$315,000
Sold Price
$304,000
Premium/Discount to List
-$11,000
-3.49%
Current Estimated Value
$392,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,984
Avg. Annual Appreciation
5.51%
Original Mortgage
$228,000
Outstanding Balance
$203,350
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,634
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
Guzman Carlos $304,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Carlos $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $304,000 -3.5% $264 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/24/2020 10/24/20 Price Changed $315,000 0.0% $273 / Sq Ft
10/24/2020 10/24/20 For Sale $315,000 +3.6% $273 / Sq Ft
10/21/2020 10/21/20 Off Market $304,000 -- --
09/24/2020 09/24/20 Price Changed $335,000 -4.3% $291 / Sq Ft
08/20/2020 08/20/20 For Sale $350,000 -- $304 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $2,889 $165,660 -- --
2023 $2,733 $160,840 $0 $0
2022 $2,577 $156,160 $0 $0
2021 $2,553 $151,620 $0 $0
2020 $2,477 $147,210 $0 $0
2019 $2,496 $142,930 $0 $0
2018 $2,452 $0 $0 $0
2017 $1,977 $0 $0 $0
2016 $1,835 $0 $0 $0
2015 $1,727 $0 $0 $0
2014 $1,537 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Julie Essex

    eXp Realty LLC

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20699015

Regional Multiple Listing Service (RMLS)

APN: 553628

Oregon Marion County Salem 97305 Hayesville

2590 Lancaster Dr NE Unit 2592, Salem, OR

This home is located at 2590 Lancaster Dr NE Unit 2592, Salem, OR 97305 since 20 August 2020 and is currently estimated at $392,984, approximately $341 per square foot. This property was built in 1961. 2590 Lancaster Dr NE Unit 2592 is a home located in Marion County with nearby schools including Scott Elementary School, Waldo Middle School, and McKay High School.

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