NOT LISTED FOR SALE

335 15th St SE Unit 337 Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $367,722 - $379,000

3 Beds
2 Baths
1,095 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 02, 2016

Last sale price $117,000 $107 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,323/month

187 Days on Market

Highlights

  • RV Access or Parking
  • Breakfast Area or Nook
  • Forced Air Heating System
  • Territorial View
  • Formal Dining Room
  • High Speed Internet

About This Home

As of March 2016

Fantastic money-maker with close proximity to Willamette U for rental, or live in the cottage and enjoy rental income from the studio rental onsite. Quiet, tree-lined street with front porch sitters giving this neighborhood a community feel. Schools, shopping, and medical facilities nearby. Owner ran out of steam on updating, so needs a few items. Use a repair loan if financing FHA or Conv.

Last Agent to Sell the Property

Priscilla Beggs

ZENITH REALTY, LLC License #971100070 Listed on: 07/29/2015

Last Buyer's Agent

Priscilla Beggs

ZENITH REALTY, LLC License #971100070 Listed on: 07/29/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1915

Lot Details

  • 8,700 Sq Ft Lot
  • Lot Dimensions are 58x150
  • Partially Fenced Property

Parking

  • RV Access or Parking

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,095 Sq Ft Home
  • Formal Dining Room
  • Territorial Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant personal property in studio rental
  • Legal Lot and Block 1 / 39

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,370

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Fantastic money-maker with close proximity to Willamette U for rental, or live in the cottage and enjoy rental income from the studio rental onsite. Quiet, tree-lined street with front porch sitters giving this neighborhood a community feel. Schools, shopping, and medical facilities nearby. Owner ran out of steam on updating, so needs a few items. Use a repair loan if financing FHA or Conv.
  • Cross Street: Mill or Trade
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenant personal property in studio rental
  • Negotiable Inclusions: Range(s)
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement: Full, Unfinished
  • Dining Room: Formal
  • Laundry: W/D Hookup
  • Bonus Rooms: Breakfast Room/Nook
  • Price Per Sq Ft: 106.85
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 127.76

Exterior Features

  • Exterior Color: Gunmetal
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Shingle, Wood
  • View: Territorial

Utilities

  • Heating: Gas, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.2
  • Estimated Lot Dimensions: 58x150
  • Estimated Lot Sq Ft: 8700
  • Flood Plain: Unknown
  • Lot: 1
  • Lot Type: Dimension Above
  • Price Per Acre: 699500
  • Zoning: RM2
  • Rvcamper Pad: Area/Room For
  • Property Use Type: Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R95236
  • Tax Account Number: R95236
  • Tax Amount: 2370

Multi Family

  • Unit Types: Flat
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Mar 2, 2016
Sold by
Woods Blossom Adele
Bought by
Martin Chadwick
Seller's Agent
Priscilla Beggs
ZENITH REALTY, LLC
Buyer's Agent
Priscilla Beggs
ZENITH REALTY, LLC
List Price
$147,500
Sold Price
$117,000
Premium/Discount to List
-$30,500
-20.68%
Current Estimated Value
$374,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,681
Avg. Annual Appreciation
13.13%
Original Mortgage
$105,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Fischer Blossom A
Bought by
Fischer Blossom A and The Blossom A Fischer Trust

Purchase Details

Closed on
Nov 21, 2006
Sold by
Snow & Kerley Properties Llc
Bought by
Fischer Blossom A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
6.36%
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
Martin Chadwick $117,000 Ticor Title
Fischer Blossom A -- None Available
Fischer Blossom A $167,900 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Chadwick $136,500
Closed Martin Chadwick $136,500
Closed Martin Chadwick $105,000
Previous Owner Fischer Blossom A $76,680
Previous Owner Fischer Blossom A $117,500
Previous Owner Snow & Kerley Properties Llc $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2016 03/02/16 Sold $117,000 -20.7% $107 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
07/29/2015 07/29/15 For Sale $147,500 -- $135 / 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 $3,560 $181,320 -- --
2023 $3,455 $176,040 $0 $0
2022 $3,258 $170,920 $0 $0
2021 $3,165 $165,950 $0 $0
2020 $3,073 $161,120 $0 $0
2019 $2,965 $156,430 $0 $0
2018 $3,017 $0 $0 $0
2017 $2,723 $0 $0 $0
2016 $2,431 $0 $0 $0
2015 $2,449 $0 $0 $0
2014 $2,370 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 693686

Willamette Valley MLS

APN: 595236