$418,400
SOLD MAR 18, 2025

2780 Summer St SE Unit 2790 Salem, OR 97302

South Central Neighborhood
4 Beds
4 Baths
2,202 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

7% Below List Price

57 Days on Market

Highlights

  • Fenced Yard
  • Dining Area
  • Gas Fireplace
  • Forced Air Heating System
  • Carpet

About This Home

As of March 2025

Motivated Seller! This is a great duplex with income upside. Both tenants are month to month and rents have not been increased for over a year. 2780 has an RV pad next to it for additional parking. Each unit has 2 bedrooms and 2 full baths with private courtyards for the tenants to enjoy. Both tenants would like to stay if possible. Showings available upon accepted offer.

Last Agent to Sell the Property

JOEL GETSFRID

KELLER WILLIAMS REALTY MID WILLAMETTE License #201222139 Listed on: 01/20/2025

KELLER WILLIAMS REALTY MID WILLAMETTE

Last Buyer's Agent

BARB NORRIS

REDFIN License #201204698

REDFIN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1969

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 2,202 Sq Ft Home
  • Gas Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Schools

  • Mckinley Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Tenant Property. W/D are owned by tenants
  • Legal Lot and Block 14&15 / 2

Community Details

Overview

  • 2 Units
  • Smith Fruit Farms Subdivision

Building Details

  • Trash Expense $720
  • Water Sewer Expense $1,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,998

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric
  • Syndicated Remarks: Motivated Seller! This is a great duplex with income upside. Both tenants are month to month and rents have not been increased for over a year. 2780 has an RV pad next to it for additional parking. Each unit has 2 bedrooms and 2 full baths with private courtyards for the tenants to enjoy. Both tenants would like to stay if possible. Showings available upon accepted offer.
  • Cross Street: Fairview
  • Year Built: 1969
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenant Property. W/D are owned by tenants
  • Fireplace: Gas
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 190.01
  • Price Per Sq Ft: 193.01

Exterior Features

  • Fenced Yard: Yes
  • Foundation: Continuous
  • Siding: Stucco

Utilities

  • Heating: Gas, Window Unit (AC), Forced Air
  • Water: City
  • Water Heater: Electric
  • Garbage: 720
  • Sewer: City
  • Water/Sewer: 1440

Schools

  • Elementary School: McKinley
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.22
  • Estimated Lot Sq Ft: 9583
  • Lot: 14&15
  • Price Per Acre: 1931818.18
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 591395
  • Tax Amount: 3998

Multi Family

  • Number Of Units: 2

MLS Schools

  • HighSchool: South Salem
  • Middle School: Leslie
  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Mar 18, 2025
Sold by
Derksen Nicholas M
Bought by
Escalante Dean Isabel T and Dean Marvin J
Seller's Agent
JOEL GETSFRID
KELLER WILLIAMS REALTY MID WILLAMETTE
Buyer's Agent
BARB NORRIS
REDFIN
List Price
$450,000
Sold Price
$418,400
Premium/Discount to List
-$31,600
-7.02%
Total Days on Market
57
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.17%
Original Mortgage
$313,800
Outstanding Balance
$313,800
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$145,465

Purchase Details

Closed on
Mar 9, 2018
Sold by
Derksen Leslie
Bought by
Derksen Nicholas M

Purchase Details

Closed on
Apr 28, 2010
Sold by
Derksen Nicholas M
Bought by
Derksen Nicholas M and Derksen Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Tran Co
Bought by
Derksen Nicholas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,700
Interest Rate
6.25%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $418,400 Ticor Title
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Or
Warranty Deed $195,900 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $313,800 New Conventional
Previous Owner $280,000 New Conventional
Previous Owner $203,200 New Conventional
Previous Owner $14,307 Credit Line Revolving
Previous Owner $204,000 Unknown
Previous Owner $14,000 Stand Alone Second
Previous Owner $156,700 Stand Alone First
Previous Owner $39,200 Stand Alone Second
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $418,400 -1.6% $190 / Sq Ft
02/11/2025 02/11/25 Price Changed $425,000 -5.6% $193 / Sq Ft
01/20/2025 01/20/25 For Sale $450,000 -- $204 / 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 $3,998 $203,640 -- --
2023 $3,880 $197,710 $0 $0
2022 $3,659 $191,960 $0 $0
2021 $3,554 $186,370 $0 $0
2020 $3,451 $180,950 $0 $0
2019 $3,329 $175,680 $0 $0
2018 $3,388 $0 $0 $0
2017 $3,058 $0 $0 $0
2016 $2,913 $0 $0 $0
2015 $2,935 $0 $0 $0
2014 $2,840 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 824625

Willamette Valley MLS

APN: 591395