NOT LISTED FOR SALE

3293 Edward Dr SE Unit 3299 Salem, OR 97302

Morningside Neighborhood

Estimated Value: $591,000 - $748,000

8 Beds
6 Baths
4,464 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $254,900 $57 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,196/month

197 Days on Market

Highlights

  • Territorial View
  • Landscaped
  • Dining Area
  • Patio
  • High Speed Internet
  • Partially Fenced Property

About This Home

As of February 2014

This home is located at 3293 Edward Dr SE Unit 3299, Salem, OR 97302 since 02 July 2013 and is currently estimated at $687,000, approximately $153 per square foot. This property was built in 1976. 3293 Edward Dr SE Unit 3299 is a home located in Marion County with nearby schools including Morningside Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Don Paterson

HOMESMART REALTY GROUP License #860500017 Listed on: 07/02/2013

HOMESMART REALTY GROUP

Last Buyer's Agent

Jordan Sparks

SMI REAL ESTATE License #200610098

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 1976

Lot Details

  • 9,738 Sq Ft Lot
  • Lot Dimensions are 74 x 132
  • Partially Fenced Property
  • Landscaped

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 4,464 Sq Ft Home
  • Dining Area
  • Territorial Views

Kitchen

  • Built-In Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 28 / 2

Community Details

Overview

  • 4 Units
  • Edwards Townhouse Community

Building Details

  • Insurance Expense $3,500
  • Trash Expense $180
  • Water Sewer Expense $205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,516

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Built-In, Electric, Range Included
  • Syndicated Remarks: This Townhome Style 2 Bedroom, 1.5 Bath, 1100 Sq Ft. Per Unit. Newer Vinyl Windows. Washer/Dryer Hook-Up, Stove, Refrigerator, Dishwasher are included, Covered Entries and Carports, It is located on a Quiet Location at the End of the Street. Good Rental History.
  • Cross Street: Pringle/Salishan
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposal: Yes
  • Negotiable Inclusions: 4 Ranges, 4 Refrigs
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Dining Room: Area (Combination)
  • Price Per Sq Ft: 57.1
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 57.1

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Electric
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Garbage: 180
  • Insurance: 3500
  • Sewer: City
  • Water/Sewer: 205

Schools

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

Lot Info

  • Acres: 0.22
  • Estimated Lot Dimensions: 74 x 132
  • Estimated Lot Sq Ft: 9738
  • Lot: 28
  • Price Per Acre: 1158636.36
  • Zoning: RM
  • Property Name: Edwards Townhouse
  • Property Use Type: Investment

Multi Family

  • Unit Types: Town Home
  • Number Of Units: 4

Tax Info

  • Tax Account Number: R80373
  • Tax Amount: 4516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2019
Sold by
Graham Derek L and Graham Amy Delene
Bought by
Martinez Luis Martinez
Current Estimated Value
$687,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,930
Outstanding Balance
$349,289
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$337,711

Purchase Details

Closed on
Aug 17, 2016
Sold by
Graham Derek L
Bought by
Graham Derek L and Graham Amy Delene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 2, 2013
Closed on
Feb 14, 2014
Sold by
Kays William K and Kays Yvonne E
Bought by
Graham Derek L
Seller's Agent
Don Paterson
HOMESMART REALTY GROUP
Buyer's Agent
Jordan Sparks
SMI REAL ESTATE
List Price
$259,900
Sold Price
$254,900
Premium/Discount to List
-$5,000
-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
8.92%
Original Mortgage
$228,835
Interest Rate
4.47%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2010
Sold by
Kays William K and Kays William Keith
Bought by
Kays William K and Kays Yvonne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Pierce Michael R and Victores Pierce Michelle A
Bought by
Kays William Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2005
Sold by
Clifford George C and Clifford Brenda L
Bought by
Pierce Michael R and Victores Pierce Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
1.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2002
Sold by
Powers Dixie Balch
Bought by
Clifford George C and Clifford Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Martinez Luis Martinez $41,000 Amerititle
Graham Derek L -- Ticor Title
Graham Derek L $254,900 Fidelity Natl Title Co Of Or
Kays William K -- Fidelity Natl Title Co Of Or
Kays William Keith $276,000 Fidelity Natl Title Co Of Or
Pierce Michael R $230,000 Fidelity Natl Title Co Of Or
Clifford George C $178,500 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Luis Martinez $394,930
Previous Owner Graham Derek L $90,000
Previous Owner Graham Derek L $228,835
Previous Owner Kays William K $210,500
Previous Owner Kays William Keith $207,000
Previous Owner Pierce Michael R $184,000
Previous Owner Clifford George C $142,800
Closed Clifford George C $35,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $254,900 -1.9% $57 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
07/02/2013 07/02/13 For Sale $259,900 -- $58 / 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 $6,651 $338,740 -- --
2023 $6,455 $328,880 $0 $0
2022 $6,086 $319,310 $0 $0
2021 $5,912 $310,010 $0 $0
2020 $5,740 $300,990 $0 $0
2019 $5,538 $292,230 $0 $0
2018 $5,636 $0 $0 $0
2017 $5,087 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 666456

Willamette Valley MLS

APN: 580373