$48,000
SOLD MAR 14, 2017
-- Bed
-- Bath
1,668 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

4% Below List Price

52 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • En-Suite Primary Bedroom

About This Home

As of March 2017

CALLING ALL INVESTORS!!!!! THIS IS A MUST SEE!!!! Unit A has 2 bedrooms, sunroom/office, living room, kitchen and bathroom. Unit A has complete use of basement (washer/dryer) and 2-car garage and deck. Unit B is located upstairs and has 2 bedrooms, bathroom, kitchen and living room. Unit B has complete use of attic for storage. Both units are currently tenant occupied. This property is located on small quite street in Salem!! Call and make your appointment today...don't let this one pass you by!!!!!! Property can also be sold as a package deal including rental property (duplex) located in Alloway, MLS#6892979.

Last Agent to Sell the Property

Nikki Donelson

Warner Real Estate & Auction Company License #792467 Listed on: 11/18/2016

Last Buyer's Agent

Scott Kompa

EXP Realty, LLC License #675454

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Duplex
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,668 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 13-00080-00002

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $917
  • Operating Expense $6,602

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: All Tenant Personal Property
  • New Construction: No
  • Storage: Basement, Attic, Garage
  • Year Built: 1946
  • Remarks Public: CALLING ALL INVESTORS!!!!! THIS IS A MUST SEE!!!! Unit A has 2 bedrooms, sunroom/office, living room, kitchen and bathroom. Unit A has complete use of basement (washer/dryer) and 2-car garage and deck. Unit B is located upstairs and has 2 bedrooms, bathroom, kitchen and living room. Unit B has complete use of attic for storage. Both units are currently tenant occupied. This property is located on small quite street in Salem!! Call and make your appointment today...don't let this one pass you by!!!!!! Property can also be sold as a package deal including rental property (duplex) located in Alloway, MLS#6892979.
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Hookup
  • Total Sq Ft: 1668
  • Living Area Sq Ft: 1668
  • Price Per Sq Ft: 29.98
  • Above Grade Finished Sq Ft: 1668
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 778.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SALEM CITY SCHOOLS
  • School District Key: 300200396391

Lot Info

  • Improvement Assessed Value: 105200.00
  • Land Assessed Value: 20100.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18324.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2217122
  • Tax Annual Amount: 4907.00
  • Assessor Parcel Number: 13-00080-00002
  • Tax Lot: 00002
  • Tax Year: 2016
  • Close Date: 03/14/2017

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2016
Closed on
Mar 14, 2017
Sold by
Wentzell Paul S
Bought by
Royal Clarence A
Seller's Agent
Nikki Donelson
Warner Real Estate & Auction Company
Buyer's Agent
Scott Kompa
EXP Realty, LLC
List Price
$50,000
Sold Price
$48,000
Premium/Discount to List
-$2,000
-4%
Current Estimated Value
$157,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,632
Avg. Annual Appreciation
14.52%
Original Mortgage
$36,000
Outstanding Balance
$30,192
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$119,511

Purchase Details

Closed on
May 31, 2011
Sold by
Pankok Timothy R
Bought by
Wentzell Paul
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
Deed -- None Available
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $36,000 New Conventional
Previous Owner $55,000 Unknown
Previous Owner $35,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Rented $850 -15.0% --
10/24/2017 10/24/17 Under Contract -- -- --
03/17/2017 03/17/17 For Rent $1,000 0.0% --
03/14/2017 03/14/17 Sold $48,000 -4.0% $29 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
11/18/2016 11/18/16 For Sale $50,000 -- $30 / Sq Ft
Source: Bright 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 $3,773 $48,000 $8,900 $39,100
2023 $3,773 $48,000 $8,900 $39,100
2022 $3,608 $48,000 $8,900 $39,100
2021 $3,484 $48,000 $8,900 $39,100
2020 $3,414 $48,000 $8,900 $39,100
2019 $3,966 $56,100 $8,900 $47,200
2018 $3,879 $56,100 $8,900 $47,200
2017 $3,832 $56,100 $8,900 $47,200
2016 $4,907 $125,300 $20,100 $105,200
2015 $4,844 $125,300 $20,100 $105,200
2014 $4,819 $125,300 $20,100 $105,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001798985

Bright MLS

APN: 13-00080-0000-00002