NOT LISTED FOR SALE

3294 Colson Ct SE Salem, OR 97302

Morningside Neighborhood

Estimated Value: $347,000 - $667,000

8 Beds
4 Baths
4,176 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $315,000 $75 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,146/month

1 Day on Market

About This Home

As of June 2023

Property in need of significant rehab, as-is sale, seller to do no repairs.

Last Agent to Sell the Property

Amy Clark

BRIGHTHOME REAL ESTATE GROUP License #200606359 Listed on: 03/27/2023

Co-Listed By

Wendy Tornow

BRIGHTHOME REAL ESTATE GROUP License #201219112

Last Buyer's Agent

Amy Clark

BRIGHTHOME REAL ESTATE GROUP License #200606359 Listed on: 03/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,071

Year Built

  • Built in 1976

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • 4,176 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 20 / 2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,071

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Syndicated Remarks: Property in need of significant rehab, as-is sale, seller to do no repairs.
  • Cross Street: Salishan
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Price Per Sq Ft: 75.43
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 101.77

Schools

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

Lot Info

  • Acres: 0.22
  • Lot: 20
  • Price Per Acre: 1931818.18
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 580365
  • Tax Amount: 5071

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2018
Sold by
Dee Mernalee
Bought by
Dee Mernalee
Current Estimated Value
$509,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Outstanding Balance
$167,989
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$335,678

Purchase Details

Closed on
Dec 5, 2005
Sold by
Oneill Carol
Bought by
Dee Mernalee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2001
Sold by
Lee Edward C and Lee Velma R
Bought by
Oneill Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,110
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Dee Mernalee -- First American Title
Dee Mernalee $305,000 First American
Oneill Carol $187,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dee Mernalee $188,500
Closed Dee Mernalee $244,000
Previous Owner Oneill Carol $184,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $315,000 -25.9% $75 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $425,000 0.0% $102 / Sq Ft
05/17/2023 05/17/23 For Sale $425,000 -- $102 / 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 $5,375 $273,780 -- --
2023 $5,217 $265,810 $0 $0
2022 $4,919 $258,070 $0 $0
2021 $4,778 $250,560 $0 $0
2020 $4,639 $243,270 $0 $0
2019 $4,476 $236,190 $0 $0
2018 $4,556 $0 $0 $0
2017 $4,112 $0 $0 $0
2016 $3,916 $0 $0 $0
2015 $3,946 $0 $0 $0
2014 $3,819 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Clark

    Seller's Agent in 2023

    Amy Clark

    BRIGHTHOME REAL ESTATE GROUP

    (503) 580-7190

    8 in this area

    183 Total Sales

    Amy Clark
    Section Image
  • Wendy Tornow

    Seller Co-Listing Agent in 2023

    Wendy Tornow

    BRIGHTHOME REAL ESTATE GROUP

    (503) 551-7076

    1 in this area

    56 Total Sales

    Wendy Tornow
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 803145

Willamette Valley MLS

APN: 580365

Oregon Marion County Salem 97302 Morningside

3294 Colson Ct SE, Salem, OR

This home is located at 3294 Colson Ct SE, Salem, OR 97302 since 27 March 2023 and is currently estimated at $509,000, approximately $121 per square foot. This property was built in 1976. 3294 Colson Ct SE is a home located in Marion County with nearby schools including Morningside Elementary School, Leslie Middle School, and South Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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