Large 4 bedroom units that are minutes from Willamette University and downtown Salem! Each unit has a single car garage, laminate and vinyl flooring downstairs. Large Living room, all bedrooms are on second floor, large master suite. All units occupied!
Last Agent to Sell the Property
JENNIFER MCDONNELL
HOMESTEAD REAL ESTATELicense #201220309Listed on: 05/01/2018
Exclusions: Tenants Personal Property, Exterior and Interior
Legal Lot and Block R6 / 36
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$11,088
Year Built
Built in 2008
Lot Details
0
Listing Details
Class: Multi Family
Type: 4-Plex
Range Facility: Built-In, Gas, Range Included
Syndicated Remarks: Large 4 bedroom units that are minutes from Willamette University and downtown Salem! Each unit has a single car garage, laminate and vinyl flooring downstairs. Large Living room, all bedrooms are on second floor, large master suite. All units occupied!
Cross Street: Liberty
Year Built: 2008
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Dishwasher: Yes
Disposal: Yes
Exclusions: Tenants Personal Property, Exterior and Interior
Negotiable Inclusions: Refrigerator, Dishwasher, Range
Refrigerator: Refrigerator Included
Flooring: Carpet, Laminate, Vinyl
Total Bathrooms: 10
Total Bedrooms: 16
Dining Room: Area (Combination)
Laundry: W/D Hookup
Price Per Sq Ft: 105.26
Source Of Sq Ft: County
Price Per Sq Ft: 110.51
Exterior Features
Patio: Patio
Exterior Color: Tan
Fenced Yard: Partial
Foundation: Continuous
Landscape: Irrigation System
Roof: Composition
Siding: Fiber Cement
Siding Style: Lap
Utilities
Heating: Gas, Electric, Forced Air
High Speed Comm Access: Available
Water: Connected, City
Water Heater: Gas
Sewer: City
Lot Info
Acres: 0.13
Estimated Lot Sq Ft: 5635
Lot: R6
Lot Type: Dimension Above
Price Per Acre: 6460769.23
Zoning: RM2
Property Use Type: Investment
Geo Subdivision: OR
Multi Family
Unit Types: Town Home
Number Of Units: 4
Tax Info
Tax Account Number: R84478
Tax Amount: 11088
Ownership History
DateNameOwned ForOwner Type
Dec 2021 - PresentHoy Lawrence3 Years and 8 Months
Private Individual
Purchase Details
Closed on
Dec 17, 2021
Sold by
Hoys Investments Limited
Bought by
Hoy Lawrence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Outstanding Balance
$393,716
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$680,319
Jul 2018 - Dec 2021Hoys Investments Ltd3 Years and 5 Months
Private Individual
Purchase Details
Listed on
May 1, 2018
Closed on
Jul 10, 2018
Sold by
Awayfromhome Vacation Inc
Bought by
Hoys Investments Ltd
Seller's Agent
JENNIFER MCDONNELL
HOMESTEAD REAL ESTATE
Buyer's Agent
Peter Fricke
iHOMES
List Price
$839,900
Sold Price
$800,000
Premium/Discount to List
-$39,900
-4.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow &
Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow &
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ICE
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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
Type
Sale Price
Title Company
Quit Claim Deed
--
Amerititle
Warranty Deed
$800,000
Ticor Title
Interfamily Deed Transfer
--
Ticor Title
Bargain Sale Deed
--
None Available
Warranty Deed
$654,400
Fidelity Natl Title Co Of Or
Bargain Sale Deed
--
Fidelity Natl Title Co Of Or
Warranty Deed
$75,000
Ticor Title
Interfamily Deed Transfer
--
--
Source: Public Records
Mortgage History
Date
Status
Loan Amount
Loan Type
Open
$423,000
New Conventional
Previous Owner
$417,000
Purchase Money Mortgage
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
05/28/202505/28/25
For Sale
$1,300,000
0.0%
$171 / Sq Ft
05/28/202505/28/25
Price Changed
$1,300,000
+4.0%
$171 / Sq Ft
05/04/202505/04/25
Pending
--
--
--
04/30/202504/30/25
For Sale
$1,250,000
+56.3%
$164 / Sq Ft
07/13/201807/13/18
Sold
$800,000
-4.8%
$105 / Sq Ft
05/01/201805/01/18
For Sale
$839,900
--
$111 / Sq Ft
Source: Willamette Valley MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 345 Norway St NE Unit 347, Salem, OR 97301 and is currently priced at $800,000, approximately $105 per square foot. This property was built in 2008. 345 Norway St NE Unit 347 is a home located in Marion County with nearby schools including Grant Community School, Parrish Middle School, and North 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.
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
