NOT LISTED FOR SALE

363 17th St SE Unit 365 Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $265,000 - $316,233

3 Beds
2 Baths
791 Sq Ft
$372/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $240,000 $303 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,843/month

123 Days on Market

Highlights

  • Shed
  • Lap Siding
  • 5-minute walk to Mill Race Park
  • Zoned Heating

About This Home

As of December 2021

Great investment property with strong rental income. all new 50 year warranteed siding put in 2018, new Roof and windows in 2018, new ht water htr, all new interior updates, flooring, appliances ect all in 2018. Approx. 791 sf-2 bdrm, 1 bath plus attached 2nd unit 586 sf with 1bdrm 1 bath. Washer and dryer hookups in each unit. Alley Access to back yard parking, garden shed.

Last Agent to Sell the Property

Andrea Beyer

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #900100236 Listed on: 07/14/2021

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Eric Fiskum

RE/MAX INTEGRITY - SALEM License #990500138

RE/MAX INTEGRITY - SALEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 1901

Lot Details

  • 4,792

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Additional Features

  • Laminate Flooring
  • 2 Bathrooms
  • Washer and Dryer Hookup
  • Shed
  • 4,792 Sq Ft Lot
  • Zoned Heating

Listing and Financial Details

  • Legal Lot and Block 12 / 8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,094

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Great investment property with strong rental income. all new 50 year warranteed siding put in 2018, new Roof and windows in 2018, new ht water htr, all new interior updates, flooring, appliances ect all in 2018. Approx. 791 sf-2 bdrm, 1 bath plus attached 2nd unit 586 sf with 1bdrm 1 bath. Washer and dryer hookups in each unit. Alley Access to back yard parking, garden shed.
  • Cross Street: Mill
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposal: Yes
  • Negotiable Inclusions: Range, microwave
  • Flooring: Laminate
  • Total Bathrooms: 2
  • Laundry: W/D Hookup

Exterior Features

  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Unknown
  • Water: Connected, City
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 4792
  • Flood Plain: Unknown
  • Lot: 12
  • Lot Type: Dimension Above
  • Price Per Acre: 2726363.64
  • Zoning: RM2
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R68387
  • Tax Amount: 2094

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Dec 17, 2021
Sold by
Nguyen Jonathon
Bought by
Lane Timothy R
Seller's Agent
Andrea Beyer
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Eric Fiskum
RE/MAX INTEGRITY - SALEM
List Price
$310,000
Sold Price
$240,000
Premium/Discount to List
-$70,000
-22.58%
Total Days on Market
123
Current Estimated Value
$294,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,558
Avg. Annual Appreciation
6.06%
Original Mortgage
$180,000
Outstanding Balance
$167,539
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$127,019

Purchase Details

Listed on
Nov 29, 2017
Closed on
Dec 28, 2017
Sold by
U S Bank N A
Bought by
Nguyen Jonathon
Seller's Agent
Gladys Blum
Blum Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$84,900
Sold Price
$133,350
Premium/Discount to List
$48,450
57.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%

Purchase Details

Closed on
May 2, 2017
Sold by
Robertson Marcia K and Robertson William H
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 5, 2003
Sold by
Robertson William and Robertson Marcia
Bought by
Robertson William H and Robertson Marcia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,781
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 20, 2002
Sold by
Mullins Jeff
Bought by
Robertson William and Robertson Marcia
Source: Public Records

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Range of Values:

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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
Lane Timothy R $240,000 Ticor Title
Nguyen Jonathon $133,350 None Available
U S Bank National Association $125,166 None Available
Robertson William H -- First American
Robertson William $62,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Timothy R $180,000
Previous Owner Robertson William H $90,185
Previous Owner Robertson William H $87,781
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $240,000 -20.0% $303 / Sq Ft
08/20/2021 08/20/21 Price Changed $299,900 -99.9% $379 / Sq Ft
08/20/2021 08/20/21 Price Changed $299,900,000 +96641.9% $379,140 / Sq Ft
07/14/2021 07/14/21 For Sale $310,000 +132.5% $392 / Sq Ft
01/03/2018 01/03/18 Sold $133,350 +57.1% $97 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $84,900 -- $62 / 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 $2,354 $119,910 -- --
2023 $2,285 $116,420 $0 $0
2022 $2,154 $113,030 $0 $0
2021 $2,093 $109,740 $0 $0
2020 $2,095 $106,550 $0 $0
2019 $1,783 $91,260 $0 $0
2018 $1,760 $0 $0 $0
2017 $1,589 $0 $0 $0
2016 $1,513 $0 $0 $0
2015 $1,525 $0 $0 $0
2014 $1,476 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Beyer

    Seller's Agent in 2021

    Andrea Beyer

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-5320

    2 in this area

    118 Total Sales

    Andrea Beyer
    Section Image
  • Eric Fiskum

    Buyer's Agent in 2021

    Eric Fiskum

    RE/MAX

    (503) 931-8516

    1 in this area

    277 Total Sales

    Eric Fiskum
    Section Image
  • Gladys Blum

    Seller's Agent in 2018

    Gladys Blum

    Blum Real Estate

    (503) 507-6225

    4 in this area

    817 Total Sales

    Gladys Blum
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 780558

Willamette Valley MLS

APN: 568387

Oregon Marion County Salem 97301 Southeast Salem

363 17th St SE Unit 365, Salem, OR

This home is located at 363 17th St SE Unit 365, Salem, OR 97301 since 14 July 2021 and is currently estimated at $294,558, approximately $372 per square foot. This property was built in 1901. 363 17th St SE Unit 365 is a home located in Marion County with nearby schools including Bush 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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