NOT LISTED FOR SALE

351 S Main St Jefferson, OR 97352

52 Beds
26 Baths
895 Sq Ft
1.31 Acre Lot

Sale Details

Date Sold: May 15, 2015

Last sale price $1,285,000 $1,436 Per Sq Ft

537 Days on Market

Highlights

  • 1.31 Acre Lot
  • High Speed Internet
  • Partially Fenced Property
  • Territorial View
  • Dining Area
  • Carpet

About This Home

As of May 2015

26 units in Jefferson, all are 2 bed, one bath. Many recent updates including hot water heaters and flooring. Bedroom community to both Salem and Albany. On-site manager for day to day tasks.

Last Agent to Sell the Property

Jennifer Hand

GALL REAL ESTATE SERVICES LLC License #960600193 Listed on: 10/11/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,445

Year Built

  • Built in 1996

Lot Details

  • 1.31 Acre Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 895 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 52 Bedrooms
  • 26 Bathrooms

Utilities

  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Community Details

Overview

  • 26 Units
  • Bolliger Cove Apartments Community

Building Details

  • Insurance Expense $4,783
  • Maintenance Expense $22,480
  • Trash Expense $4,140
  • Water Sewer Expense $18,732
  • Operating Expense $67,000
  • Net Operating Income $106,674

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,445

Year Built

Built in 1996

Lot Details

1.31 Acres

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric
  • Syndicated Remarks: 26 units in Jefferson, all are 2 bed, one bath. Many recent updates including hot water heaters and flooring. Bedroom community to both Salem and Albany. On-site manager for day to day tasks.
  • Cross Street: Highway 99E
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 26
  • Total Bedrooms: 52
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Source Of Sq Ft: County

Exterior Features

  • Exterior Color: Blue
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • View: Territorial

Utilities

  • Heating: Electric
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Garbage: 4140
  • Insurance: 4783
  • Sewer: City
  • Water/Sewer: 18732

Condo/Co-op/Association

  • Maintenance: 22480

Lot Info

  • Acres: 1.31
  • Estimated Lot Sq Ft: 57064
  • Flood Plain: Unknown
  • Lot: 1
  • Lot Type: Dimension Above
  • Zoning: R3
  • Property Name: Bolliger Cove Apartments
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 67000

Multi Family

  • Net Income: 106674
  • Gross Sched Income: 173000
  • Unit Types: Flat
  • Number Of Units: 26

Tax Info

  • Tax Amount: 17445

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Bought by

Purchase Details

Listed on
Oct 11, 2013
Closed on
May 14, 2015
Sold by
Bought by
Seller's Agent
Jennifer Hand
GALL REAL ESTATE SERVICES LLC
List Price
$1,385,000
Sold Price
$1,285,000
Premium/Discount to List
-$100,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$963,750
Interest Rate
0.0367%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
0.0572%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.0644%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,000
Interest Rate
0.057%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Ttl Of Or
-- Fidelity National Ttl Of Or
$1,285,000 Fidelity National Title
-- None Available
$1,160,000 First American
$1,100,000 First American
$970,000 Lawyers Title Ins
$1,250 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $963,750
Closed $760,000
Closed $550,000
Closed $679,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $1,285,000 -7.2% $1,436 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
10/11/2013 10/11/13 For Sale $1,385,000 -- $1,547 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $27,126 $1,851,920 -- --
2024 $27,126 $1,797,990 -- --
2023 $25,583 $1,745,630 $0 $0
2022 $24,085 $1,694,790 $0 $0
2021 $23,355 $1,645,430 $0 $0
2020 $22,681 $1,597,510 $0 $0
2019 $22,138 $1,550,990 $0 $0
2018 $21,784 $0 $0 $0
2017 $20,498 $0 $0 $0
2016 $16,767 $0 $0 $0
2015 $14,973 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 670022

Willamette Valley MLS
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