NOT LISTED FOR SALE

322 Shipping St NE Unit 328 Salem, OR 97301

Grant Neighborhood

Estimated Value: $476,486 - $834,000

8 Beds
4 Baths
1,564 Sq Ft
$416/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $380,000 $243 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,043/month

6 Days on Market

About This Home

As of February 2018

Great rental history in this 4 plex. all are 2bedroom 1bath with a fireplace, garage and storage space. lower units have fenced deck, upper have covered patio. laundry on site. Excellent Liberty frontage, close to down town and I-5. NO drive-bys.

Last Listed By

HEATHER RAMM-GRAMENZ

Berkshire Hathaway HomeServices Real Estate Professionals License #201212148 Listed on: 01/16/2018

Berkshire Hathaway HomeServices Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,203

Year Built

  • Built in 1968

Lot Details

  • 7,841

Parking

  • Garage

Home Design

  • Wood Siding

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,203

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1968
  • Remarks Public: Great rental history in this 4 plex. all are 2bedroom 1bath with a fireplace, garage and storage space. lower units have fenced deck, upper have covered patio. laundry on site. Excellent Liberty frontage, close to down town and I-5. NO drive-bys.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: NORTH SALEM ADD SALEM LOT 8 BLK 38

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Schools

  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Zoning: RM

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3980.17
  • Assessor Parcel Number: R84503

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.59

MLS Schools

  • High School: North Salem
  • Middle School: Parrish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
Kneifel Eric E
Bought by
Holley Dawn and Holley Emmett
Total Days on Market
6
Current Estimated Value
$650,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$548,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$99,248

Purchase Details

Closed on
Mar 23, 2022
Sold by
Kneifel Brenda R
Bought by
Kneifel Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2018
Closed on
Feb 21, 2018
Sold by
Smith Adam W
Bought by
Kneifel Eric E and Kneifel Brenda R
Seller's Agent
HEATHER RAMM-GRAMENZ
Berkshire Hathaway HomeServices Real Estate Professionals
Buyer's Agent
Heather Brymer
Keller Williams Realty Professionals
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$285,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2009
Sold by
Smith Lowell A
Bought by
Smith Adam W

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
4.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 19, 2008
Sold by
Gibson Jeffrey B
Bought by
Smith Adam W and Smith Lowell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Gibson Jeffrey B
Bought by
Gibson Jeffrey B and Jeffrey B Gibson Revocable Living Trust

Purchase Details

Closed on
Apr 11, 2001
Sold by
Etzel Donald V
Bought by
Gibson Jeffrey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Holley Dawn $685,000 Lawyers Title
Kneifel Eric E $96,000 Accommodation/Courtesy Recordi
Kneifel Eric E $380,000 Lawyers Title
Smith Adam W -- Fidelity Natl Title Co Of Or
Smith Adam W $247,000 Ticor Title
Gibson Jeffrey B -- --
Gibson Jeffrey B $172,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holley Dawn $548,000
Previous Owner Kneifel Eric E $444,500
Previous Owner Kneifel Eric E $285,000
Previous Owner Smith Adam W $187,800
Previous Owner Smith Adam W $187,500
Previous Owner Smith Adam W $185,250
Previous Owner Gibson Jeffrey B $93,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $380,000 -1.3% $243 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $385,000 -- $246 / 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 $5,203 $265,020 -- --
2023 $5,050 $257,310 $0 $0
2022 $4,762 $249,820 $0 $0
2021 $4,626 $242,550 $0 $0
2020 $4,630 $235,490 $0 $0
2019 $4,333 $228,640 $0 $0
2018 $4,410 $0 $0 $0
2017 $3,980 $0 $0 $0
2016 $3,791 $0 $0 $0
2015 $3,820 $0 $0 $0
2014 $3,697 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18341952

Regional Multiple Listing Service (RMLS)

APN: 584503