NOT LISTED FOR SALE

3105 13th St SE Unit 3111 Salem, OR 97302

Morningside Neighborhood

Estimated Value: $642,000 - $709,000

8 Beds
4 Baths
3,504 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $478,000 $136 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,979/month

Highlights

  • Territorial View
  • Dining Area
  • Carpet
  • Baseboard Heating
  • Partially Fenced Property

About This Home

As of April 2020

Great upside on this 4-plex. Possible room to raise rents in hot rental market. South Salem Salem School District. Buyers to do own due diligence.

Last Agent to Sell the Property

Jesse Barnes

CENTURION REAL ESTATE SERVICES License #201213998 Listed on: 01/21/2020

Last Buyer's Agent

Crystal Bielenberg

EXP REALTY, LLC License #201220523

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1970

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,504 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Trash Expense $1,120
  • Water Sewer Expense $3,442

Listing and Financial Details

  • Legal Lot and Block 9 / 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,448

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Electric
  • Syndicated Remarks: Great upside on this 4-plex. Possible room to raise rents in hot rental market. South Salem Salem School District. Buyers to do own due diligence.
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposal: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 136.42
  • Source Of Sq Ft: List Broker
  • Price Per Sq Ft: 133.85

Exterior Features

  • Fenced Yard: Partial
  • Roof: Composition
  • Siding: Brick
  • View: Territorial

Utilities

  • Heating: Baseboard
  • Water: City
  • Water Heater: Electric
  • Garbage: 1120
  • Sewer: City
  • Water/Sewer: 3442

Schools

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

Lot Info

  • Acres: 0.299
  • Estimated Lot Sq Ft: 13038
  • Flood Plain: Unknown
  • Lot: 9
  • Price Per Acre: 1568561.87
  • Zoning: RM2
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R82951
  • Tax Account Number: R82951
  • Tax Amount: 4448

Multi Family

  • Gross Sched Income: 41580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
Jones and Hutton
Bought by
Jones Justin
Current Estimated Value
$671,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$103,366
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$568,301

Purchase Details

Closed on
Oct 13, 2021
Sold by
Jones Justin
Bought by
Jones Justin and Jones Hutton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,344
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2020
Closed on
Apr 3, 2020
Sold by
Gary Matthew D and Gary Celeste
Bought by
Jones Justin
Seller's Agent
Jesse Barnes
CENTURION REAL ESTATE SERVICES
Buyer's Agent
Crystal Bielenberg
EXP REALTY, LLC
List Price
$469,000
Sold Price
$478,000
Premium/Discount to List
$9,000
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$488,994
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Nov 21, 2014
Sold by
Gary Matthew D
Bought by
Gary Matthew D and Gary Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 28, 2007
Sold by
Pacific Construction Inc
Bought by
King Development Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 18, 2006
Sold by
Agate Nw Properties
Bought by
Gary Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Sold by
Fournier Robert and Fournier Reba
Bought by
Agate Northwest Properties Llc

Purchase Details

Closed on
Oct 2, 2002
Sold by
Methvin Theodore J
Bought by
Fournier Robert and Fournier Reba

Purchase Details

Closed on
Dec 21, 2001
Sold by
Methvin Inc
Bought by
Methvin Theodore J

Purchase Details

Closed on
Sep 12, 2001
Sold by
Methvin Theodore J and Methvin Theodore
Bought by
Methvin Inc

Purchase Details

Closed on
Oct 28, 1994
Sold by
Dempsey Harold Gary and Dempsey Linda Kaye
Bought by
Wright Larry

Purchase Details

Closed on
Dec 31, 1992
Sold by
Milligan Vincent L and Milligan Dorothy B
Bought by
Dempsey Harold Gary and Dempsey Linda Kaye
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jones Justin -- None Listed On Document
Jones Justin -- Servicelink Llc
Jones Justin $478,000 Amerititle
Gary Matthew D -- First American
King Development Group Inc $130,000 Fidelity Natl Title Co Of Or
Gary Matthew D $297,500 Fidelity Natl Title Co Of Or
Agate Northwest Properties Llc -- --
Fournier Robert $212,500 Multiple
Methvin Theodore J -- Oregon Title Insurance Co
Methvin Inc -- Oregon Title Insurance Co
Wright Larry $59,100 Fatco
Dempsey Harold Gary -- Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Justin $108,000
Previous Owner Jones Justin $481,344
Previous Owner Jones Justin $488,994
Previous Owner Gary Matthew D $187,500
Previous Owner King Development Group Inc $125,000
Previous Owner Gary Matthew D $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $478,000 +1.9% $136 / Sq Ft
01/21/2020 01/21/20 For Sale $469,000 -- $134 / 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 $5,182 $263,920 -- --
2023 $5,029 $256,240 $0 $0
2022 $4,742 $248,780 $0 $0
2021 $4,606 $241,540 $0 $0
2020 $4,472 $234,510 $0 $0
2019 $4,315 $227,680 $0 $0
2018 $4,391 $0 $0 $0
2017 $3,963 $0 $0 $0
2016 $3,775 $0 $0 $0
2015 $3,804 $0 $0 $0
2014 $3,681 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 759236

Willamette Valley MLS

APN: 582951