NOT LISTED FOR SALE

3342 Willow Ct SE Unit 3348 Salem, OR 97302

Morningside Neighborhood

Estimated Value: $631,000 - $711,000

8 Beds
4 Baths
1,672 Sq Ft
$394/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $414,500 $248 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,939/month

74 Days on Market

About This Home

As of October 2018

great opportunity for investment potential. very long term tenantswith low rents, there is much room for increase here. all have fireplaces, 1 cargarage, front and back doors. expenses are actual from 2017.

Last Agent to Sell the Property

Suzie Miller

John L. Scott Salem License #200606006 Listed on: 06/21/2018

John L. Scott Salem

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,643

Year Built

  • Built in 1977

Lot Details

  • 10,454

Parking

  • Garage

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,643

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WILLOW CREEK PARK, LOT 9, ACRES 0.243

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt

Garage/Parking

  • Parking Description: Garage

Utilities

  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Lot Info

  • Zoning: RM

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4315.54
  • Assessor Parcel Number: R96418
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Walter Shinen
Bought by
Willow & Knott Llc
Current Estimated Value
$658,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$478,964
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$179,336

Purchase Details

Listed on
Jun 21, 2018
Closed on
Oct 17, 2018
Sold by
Miller Suzie and Kelley Suzie
Bought by
Shinen Walter
Seller's Agent
Suzie Miller
John L. Scott Salem
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$429,000
Sold Price
$414,500
Premium/Discount to List
-$14,500
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$406,991
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2006
Sold by
Kelley Thomas and Kelley Wilhemina
Bought by
Kelley Thomas E and Kelley Suzie

Purchase Details

Closed on
Oct 8, 2004
Sold by
Fournier Kirstie and Fournier Peter
Bought by
Kelley Thomas and Kelley Wilhemina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2002
Sold by
Fournier Peter and Fournier Kirstie
Bought by
Agate Investments Llc

Purchase Details

Closed on
Feb 22, 2001
Sold by
Kemp Curtis and Kemp Kelly
Bought by
Fournier Peter and Fournier Kirstie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Willow & Knott Llc -- Amerititle
Shinen Walter $414,500 Amerititle
Kelley Thomas E -- Amerititle
Kelley Thomas $238,000 Fidelity Natl Title Co Of Or
Agate Investments Llc -- --
Fournier Peter $200,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willow & Knott Llc $520,000
Previous Owner Shinen Walter $406,991
Previous Owner Kelley Thomas $190,400
Previous Owner Fournier Peter $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2018 10/17/18 Sold $414,500 -3.4% $248 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $429,000 -- $257 / 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
2025 $5,643 $296,010 -- --
2024 $5,643 $287,390 -- --
2023 $5,476 $279,020 $0 $0
2022 $5,163 $270,900 $0 $0
2021 $5,016 $263,010 $0 $0
2020 $5,020 $255,350 $0 $0
2019 $4,698 $247,920 $0 $0
2018 $4,782 $0 $0 $0
2017 $4,316 $0 $0 $0
2016 $4,111 $0 $0 $0
2015 $4,142 $0 $0 $0
2014 $4,008 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18427079

Regional Multiple Listing Service (RMLS)

APN: 596418