$205,000
SOLD FEB 28, 2020
3 Beds
2 Baths
1,500 Sq Ft
9,147 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Private Yard
  • Converted Garage
  • Dining Room

About This Home

As of June 2020

Investment opportunity in Central Salem! So much potential with this 1956 built Mid-Century Ranch Home with solid brick front exterior. Large living room with a wall of windows, wood-burning fireplace, & arched entries. Open kitchen & dining features another cozy fireplace w/brick-work and back-entry to a really good sized yard. Incredible central location with I-5, Downtown Salem, State Fairgrounds, Lancaster Mall, and tons of great dining & shopping opportunities close-by!

Last Agent to Sell the Property

Jesse Barkhurst

Chastel Real Estate License #201209301 Listed on: 02/07/2020

Last Buyer's Agent

Joel Campbell

Lennar Sales Corp License #200412237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1956

Lot Details

  • 9,147 Sq Ft Lot
  • Private Yard

Parking

  • Converted Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hoover Elementary School
  • Parrish Middle School
  • South Salem High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 588406

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,760

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1956
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, HardwoodFloors
  • Basement: CrawlSpace
  • Appliances: FreeStandingRange
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Brick,LapSiding
  • Exterior Features: Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Converted
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Hoover
  • High School: South Salem
  • Middle Or Junior School: Parrish

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.0
  • Parcel #: 588406

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 2760.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jun 29, 2020
Sold by
7Th Avenue Properties Llc
Bought by
Clarke Zachary Aaron and Clarke Amber Marie
Seller's Agent
Jason Merritt
HOMESMART REALTY GROUP
Buyer's Agent
Eddie
WORKS REAL ESTATE
List Price
$299,900
Sold Price
$299,900
Total Days on Market
5
Current Estimated Value
$398,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,919
Avg. Annual Appreciation
5.93%
Original Mortgage
$239,900
Outstanding Balance
$215,449
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$183,370

Purchase Details

Listed on
Feb 7, 2020
Closed on
Feb 21, 2020
Sold by
Wilmington Trust National Association
Bought by
7Th Avenue Properties Llc
Seller's Agent
Jesse Barkhurst
Chastel Real Estate
Buyer's Agent
Joel Campbell
Lennar Sales Corp
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
206.16%

Purchase Details

Closed on
Aug 23, 2019
Sold by
Irigoyen Jose O and Irigoyen Jose Ortiz
Bought by
Wilmington Trust National Association and Mfra Trusts

Purchase Details

Closed on
Feb 15, 2001
Sold by
Steiner George W
Bought by
Irigoyen Jose Ortiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,238
Interest Rate
6.89%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Salem, OR

  • 4125 Auburn Rd NE, Salem, OR 97301

    $250,000

    • 2 Beds
    • 1.5 Baths
    • 1,298 Sq Ft
    • 4125 Auburn Rd NE
    • Salem, OR

    Attention investors: what a great opportunity to rehab this project and re-sell or add to your rental portfolio. Equity possibilities for ambitious homeowners. Large .23 acre lot, fireplace, wood floors , covered patio in the back. See Instructions.

    Derrick Emmerty WHITE STAR REALTY INC

    Section Image
  • 1114 Nebraska Ave NE, Salem, OR 97301

    $220,000

    • 4 Beds
    • 1 Bath
    • 1,140 Sq Ft
    • 1114 Nebraska Ave NE
    • Salem, OR

    Home lives larger than it seems! Livingroom with arches, dining, kitchen with door to back yard, & full bath on main. Down to a family room with closet that has been used as the main bedroom. Utility room with door to back yard. Up the curved stairs leads to two bedrooms, and then up a short steep set of stairs to a bonus/play room (no closet) that has been used as a fourth bedroom. Whether you

    CHRIS ALDRICH WINDERMERE HERITAGE

    Section Image
  • 323 Academy St NE, Salem, OR 97301

    $225,000

    • 2 Beds
    • 1 Bath
    • 588 Sq Ft
    • 323 Academy St NE
    • Salem, OR

    Commercially zoned property ready for your dreams. Great visibility and street parking. Convenient location. Potential commercial, multiple use or multi-dwelling. Buyer to verify uses with the city of Salem. Level lot. Great move in ready starter home. New roof and fresh interior paint. Potential owner terms.

    Arnie Amsden Amsden Realty, LLC

    Section Image
  • 716 Lancaster Dr SE, Salem, OR 97317

    $215,000

    • 2 Beds
    • 1 Bath
    • 765 Sq Ft
    • 716 Lancaster Dr SE
    • Salem, OR

    CALLING ALL DEVELOPERS, BUILDERS, THOSE WITH VISION! This cute bungalow is on a pretty awesome large 9583sf lot, yearning for improvement! SO MUCH POTENTIAL! Currently boarded up for safety (keeping out the riff-raff), but the potential is there. This part of Lancaster is happening, and what a great spot for commuters - easy access to major thoroughfares. Entry to wonderful neighborhood and

    Wendy Ebster Call it Closed International, Inc

    Section Image
  • 734 Lancaster Dr SE, Salem, OR 97317

    $205,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 734 Lancaster Dr SE
    • Salem, OR

    CALLING ALL DEVELOPERS, BUILDERS, THOSE WITH VISION! This cute bungalow is on a pretty awesome large lot, yearning for improvement! SO MUCH POTENTIAL! Currently boarded up for safety (keeping out the riff-raff), but the potential is there. Solid slab foundation remaining for a detached garage (burned garage removed - have a contractor quote to build garage for $10k). This part of Lancaster

    Wendy Ebster Call it Closed International, Inc

    Section Image
  • 274 Senate St NW, Salem, OR 97304

    $199,000

    • 2 Beds
    • 1 Bath
    • 610 Sq Ft
    • 274 Senate St NW
    • Salem, OR

    Investor alert! Endless Potential in Prime Location. This 2 bedroom, 1 bath cottage sits on a generous 5,550 square foot corner lot and offers multiple paths for upside. While the 610 square foot home needs work, it is priced accordingly and positioned to one end of the lot, making it an ideal opportunity for redevelopment or expansion. Options include renovating the existing home and enjoying a

    Mark Shadrin BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    Section Image
  • 3698 Short St SE, Salem, OR 97302

    $239,900

    • 2 Beds
    • 1 Bath
    • 1,184 Sq Ft
    • 3698 Short St SE
    • Salem, OR

    Attention investors, terrific south Salem location do not often come up at this price! Vaulted ceilings, corner lot, covered patio. Garage has been converted to a shop area. Ready for your vision and priced accordingly. Ambitious homeowners are welcome to submit w/ their rehab loans. See Instructions.

    Derrick Emmerty White Star Realty, Inc

    Section Image
  • 246 Salem Heights Ave S, Salem, OR 97302

    $225,000

    • 3 Beds
    • 1 Bath
    • 1,124 Sq Ft
    • 246 Salem Heights Ave S
    • Salem, OR

    Accepted Offer with Contingencies. Attention Investors & Developers! Rare opportunity in South Salem, this property is in close to proximity to all types of amenities. You can make the home shine again or take advantage of the ability to build multifamily. Or do both, many options, you just have to run your ideas with the City. Also ask about the easement which would give you another access

    JOSE GONZALEZ TU CASA CORPORATION

    Section Image
  • 1335 Madras St SE, Salem, OR 97306

    $225,000

    • 2 Beds
    • 1.5 Baths
    • 864 Sq Ft
    • 1335 Madras St SE
    • Salem, OR

    You CAN buy a house for $230k! Fantastic home at Toketie Village! Located near shopping, parks, schools + On a bus line- Easy access to everything. Enjoy low maintenance living with slab foundation construction HOA-covered water, sewer, garbage, and exterior upkeep. Spacious layout and a prime South Salem location. Perfect for first-time buyers, downsizers, or investors looking for something to

    Laura Gwyn LAURA GAIL GWYN PROPERTIES

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $299,900 Lawyers Title Of Oregon Llc
Special Warranty Deed $205,000 None Available
Sheriffs Deed $217,394 None Available
Personal Reps Deed $114,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,900 New Conventional
Previous Owner $120,000 Unknown
Previous Owner $22,500 Unknown
Previous Owner $126,688 Unknown
Previous Owner $112,238 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $299,900 0.0% $200 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $299,900 +46.3% $200 / Sq Ft
02/28/2020 02/28/20 Sold $205,000 +5.1% $137 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $195,000 -- $130 / 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 $3,663 $186,570 -- --
2023 $3,555 $181,140 $0 $0
2022 $3,352 $175,870 $0 $0
2021 $3,256 $170,750 $0 $0
2020 $2,861 $150,000 $0 $0
2019 $2,845 $145,640 $0 $0
2018 $2,809 $0 $0 $0
2017 $2,535 $0 $0 $0
2016 $2,415 $0 $0 $0
2015 $2,433 $0 $0 $0
2014 $2,355 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20599682

Regional Multiple Listing Service (RMLS)

APN: 588406