Seller's Agent in 2025
Jordan Sparks
SMI REAL ESTATE
(541) 646-0650
5 in this area
86 Total Sales
3639 47th Ave NE Salem, OR 97305
Hayesville Neighborhood
8
Beds
4
Baths
3,664
Sq Ft
10,019
Sq Ft Lot
Highlights
- Zoned Heating
- Dining Area
- Carpet
- High Speed Internet
- Wood Siding
About This Home
As of July 2025Solid Owner Occupant or Investment opportunity in NE Salem! This well maintained 4-Plex offers a great price point, rental upside & (1) Vacant downstairs unit ready for an owner occupant or Market rate tenant. All units are 2 bed/1 bath/916 SF with large primary bedroom, laundry hookups & 1 car garage. Owner pays Water/Sewer/Garbage. Long term owner & stable rental history. Roof replaced in 2013. Full property inspection on file. Make an Offer!
Last Agent to Sell the Property
SMI REAL ESTATE License #200610098 Listed on: 01/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,539
Year Built
- Built in 1978
Lot Details
- 10,019 Sq Ft Lot
Home Design
- Quadruplex
- Composition Roof
- Wood Siding
- T111 Siding
Interior Spaces
- 3,664 Sq Ft Home
- Dining Area
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Schools
- Adam Stephens Middle School
- Mckay High School
Utilities
- Zoned Heating
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 7 / 2
Community Details
Overview
- 4 Units
- 3639 47Th Ave Ne A D Community
- Polaris Estates Subdivision
Building Details
- Water Sewer Expense $230
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2025
Closed on
Jul 11, 2025
Sold by
Robert Reichel And Mary Noonan Living Tr and Reichel Robert Ewald
Bought by
Perez-Baron Marco A
Seller's Agent
Jordan Sparks
SMI REAL ESTATE
Buyer's Agent
JOSE GONZALEZ
TU CASA CORPORATION
List Price
$695,000
Sold Price
$635,000
Premium/Discount to List
-$60,000
-8.63%
Views
240
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.59%
Original Mortgage
$435,000
Outstanding Balance
$434,636
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$256,364
Purchase Details
Closed on
May 10, 2017
Sold by
Reichel Robert E
Bought by
Reichel Robert Ewald and Noonan Mary Caitlin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $635,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $435,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Sold | $635,000 | -8.6% | $173 / Sq Ft |
| 06/11/2025 06/11/25 | For Sale | $695,000 | +9.4% | $190 / Sq Ft |
| 06/02/2025 06/02/25 | Off Market | $635,000 | -- | -- |
| 04/07/2025 04/07/25 | Price Changed | $695,000 | -5.4% | $190 / Sq Ft |
| 01/27/2025 01/27/25 | For Sale | $735,000 | -- | $201 / Sq Ft |
Source: Willamette Valley MLS
Tax History Compared to Growth
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 | $5,539 | $321,150 | -- | -- |
| 2023 | $5,242 | $311,800 | $0 | $0 |
| 2022 | $4,951 | $302,720 | $0 | $0 |
| 2021 | $4,906 | $293,910 | $0 | $0 |
| 2020 | $4,758 | $285,350 | $0 | $0 |
| 2019 | $6,872 | $277,040 | $0 | $0 |
| 2018 | $4,708 | $0 | $0 | $0 |
| 2017 | $3,776 | $0 | $0 | $0 |
| 2016 | $3,607 | $0 | $0 | $0 |
| 2015 | $3,567 | $0 | $0 | $0 |
| 2014 | $3,351 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Sparks
-
Elesa Doll
Seller Co-Listing Agent in 2025
Elesa Doll
SMI REAL ESTATE
(503) 884-1273
1 in this area
71 Total Sales
-
JOSE GONZALEZ
Buyer's Agent in 2025
JOSE GONZALEZ
TU CASA CORPORATION
(503) 851-6582
10 in this area
153 Total Sales
Map
Source: Willamette Valley MLS
MLS Number: 824885
APN: 558422
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
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