NOT LISTED FOR SALE

3015 Tess Ave NE Unit 3025 Salem, OR 97301

Northeast Salem Neighborhood

Estimated Value: $393,000 - $489,000

4 Beds
4 Baths
923 Sq Ft
$477/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $220,000 $238 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,603/month

8 Days on Market

About This Home

As of October 2017

Fabulous opportunity to live in or use as rental. Tenants pay all utilities. Hardwood floors, fireplaces in living room. utility rooms, back yards. 1 car attached garage. Good tenants.

Last Agent to Sell the Property

Suzie Miller

John L. Scott Salem License #200606006 Listed on: 08/08/2017

John L. Scott Salem

Last Buyer's Agent

Debra Cole

Coldwell Banker Mountain West License #201214768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 1959

Lot Details

  • 7,841

Parking

  • Garage

Interior Spaces

  • Fireplace
  • Dishwasher

Utilities

  • Heating System Uses Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,186

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1959
  • Remarks Public: Fabulous opportunity to live in or use as rental. Tenants pay all utilities. Hardwood floors, fireplaces in living room. utility rooms, back yards. 1 car attached garage. Good tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Zoning: RS

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2321.74
  • Assessor Parcel Number: R27254

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Muyres Cynthia R
Bought by
Cortes Andres A and Cortes Hector
Total Days on Market
8
Current Estimated Value
$440,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Outstanding Balance
$388,342
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$51,953

Purchase Details

Listed on
Aug 8, 2017
Closed on
Oct 10, 2017
Sold by
Battaglia Eleanor
Bought by
Muyres Robert M and Muyres Cynthia R
Seller's Agent
Suzie Miller
John L. Scott Salem
Buyer's Agent
Debra Cole
Coldwell Banker Mountain West
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$120,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
Battaglia Eleanor and Battaglia Robert
Bought by
Battaglia Eleanor and Eleanor A Battaglia Living Trust

Purchase Details

Closed on
Dec 26, 2007
Sold by
Dyer Harold R and Pederson Michael J
Bought by
Battaglia Eleanor and Battaglia Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2005
Sold by
Ambrosek Kristian A and Ambrosek Michelle R
Bought by
Dyer Harold and Pederson Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 22, 2001
Sold by
Coursey Michael B and Coursey Krysti E
Bought by
Ambrosek Kristian A and Ambrosek Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,991
Interest Rate
7.41%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Cortes Andres A $440,000 Fidelity National Title
Cortes Andres A $440,000 Fidelity National Title
Muyres Robert M $220,000 Amerititle
Battaglia Eleanor -- Amerititle
Battaglia Eleanor $196,000 Fidelity Natl Title Co Of Or
Dyer Harold $165,000 Fidelity National Title
Ambrosek Kristian A $130,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Andres A $393,000
Closed Cortes Andres A $393,000
Previous Owner Muyres Robert M $120,000
Previous Owner Battaglia Eleanor $138,639
Previous Owner Battaglia Eleanor $147,000
Previous Owner Dyer Harold $165,000
Previous Owner Ambrosek Kristian A $127,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $220,000 -2.2% $238 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $224,900 -- $244 / 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 $3,186 $162,280 -- --
2023 $3,092 $157,560 $0 $0
2022 $2,916 $152,980 $0 $0
2021 $2,833 $148,530 $0 $0
2020 $2,750 $144,210 $0 $0
2019 $2,653 $140,010 $0 $0
2018 $2,700 $0 $0 $0
2017 $2,437 $0 $0 $0
2016 $2,322 $0 $0 $0
2015 $2,339 $0 $0 $0
2014 $2,264 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17301131

Regional Multiple Listing Service (RMLS)

APN: 527254