NOT LISTED FOR SALE

370 Lincoln St SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $377,000 - $447,000

4 Beds
2 Baths
1,884 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $367,000 $195 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,455/month

170 Days on Market

Highlights

  • Territorial View
  • Lower Floor Utility Room
  • Forced Air Heating and Cooling System
  • Main Floor Primary Bedroom
  • Landscaped
  • Hot Water Heating System

About This Home

As of October 2023

Excellent investment opportunity, single family home, or nice commercial office; conveniently located in South Salem’s Commercial/Liberty corridor. Convenient to Willamette University, Bush Park, and bus lines. New interior paint and LVP installed on 2nd level. Newer roof, LVP on main level, heating, A/C, water heater, vapor barrier & sump pump. 3 parking spaces in driveway. Backyard w/ patio. Property is vacant, and is being sold "as is". Zoned CO; residential approved.

Last Agent to Sell the Property

Kelly Culver

SMI REAL ESTATE License #201224685 Listed on: 04/24/2023

SMI REAL ESTATE

Last Buyer's Agent

Melina Tomson

TOMSON BURNHAM, LLC License #200311144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,145

Year Built

  • Built in 1919

Lot Details

  • 4,356 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding
  • T111 Siding

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Lower Floor Utility Room
  • Vinyl Flooring
  • Territorial Views
  • Finished Basement
  • Partial Basement
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Mckinley Elementary School
  • Leslie Middle School
  • South Eugene High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • High Speed Internet

Community Details

  • No Hill Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,145

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Excellent investment opportunity, single family home, or nice commercial office; conveniently located in South Salem’s Commercial/Liberty corridor. Convenient to Willamette University, Bush Park, and bus lines. New interior paint and LVP installed on 2nd level. Newer roof, LVP on main level, heating, A/C, water heater, vapor barrier & sump pump. 3 parking spaces in driveway. Backyard w/ patio. Property is vacant, and is being sold "as is". Zoned CO; residential approved.
  • Cross Street: Commercial
  • Year Built: 1919
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Disposal: Yes
  • Flooring: Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: 2/Upper
  • Basement: Finished, Partial, Unfinished
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Price Per Sq Ft: 194.8
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 212.31

Exterior Features

  • Fenced Yard: Partial
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap, T111
  • View: Territorial

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Gas, Central Ac, Hot Water, Forced Air
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: City

Schools

  • Elementary School: McKinley
  • Middle School: Leslie
  • High School: South Eugene

Lot Info

  • Acres: 0.1
  • Lot: 1
  • Price Per Acre: 3999990
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 22-23
  • Tax Account Number: 583583
  • Tax Amount: 2145

MLS Schools

  • HighSchool: South Eugene
  • Middle School: Leslie
  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Oct 11, 2023
Sold by
Joseph Dove Trust and Rodney Michaels Trust
Bought by
Gida Llc
Seller's Agent
Kelly Culver
SMI REAL ESTATE
Buyer's Agent
Melina Tomson
TOMSON BURNHAM, LLC
List Price
$449,000
Sold Price
$367,000
Premium/Discount to List
-$82,000
-18.26%
Views
227
Current Estimated Value
$409,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,148
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Jun 4, 2012
Sold by
Michaels Rodney D
Bought by
Dove Joseph P and Joseph Dove Trust

Purchase Details

Closed on
Nov 16, 2001
Sold by
Niesen Marjorie S
Bought by
Marjorie S Niesen Revocable Living Trust
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
Gida Llc $367,000 First American Title
Dove Joseph P -- None Available
Marjorie S Niesen Revocable Living Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $367,000 -8.2% $195 / Sq Ft
10/10/2023 10/10/23 Price Changed $399,999 -3.6% $212 / Sq Ft
10/02/2023 10/02/23 Price Changed $414,999 -2.4% $220 / Sq Ft
09/22/2023 09/22/23 Price Changed $424,999 -5.3% $226 / Sq Ft
04/24/2023 04/24/23 For Sale $449,000 -- $238 / 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 $2,273 $115,770 -- --
2023 $2,206 $112,400 $0 $0
2022 $2,080 $109,130 $0 $0
2021 $2,021 $105,960 $0 $0
2020 $1,962 $102,880 $0 $0
2019 $1,893 $99,890 $0 $0
2018 $1,927 $0 $0 $0
2017 $1,739 $0 $0 $0
2016 $1,656 $0 $0 $0
2015 $1,669 $0 $0 $0
2014 $1,615 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Culver

    Seller's Agent in 2023

    Kelly Culver

    SMI REAL ESTATE

    (503) 931-2565

    2 in this area

    21 Total Sales

    Kelly Culver
    Section Image
  • Melina Tomson

    Buyer's Agent in 2023

    Melina Tomson

    TOMSON BURNHAM, LLC

    (503) 428-3239

    8 in this area

    128 Total Sales

    Melina Tomson
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 804103

Willamette Valley MLS

APN: 583583

Oregon Marion County Salem 97302 South Central

370 Lincoln St SE, Salem, OR

This home is located at 370 Lincoln St SE, Salem, OR 97302 since 24 April 2023 and is currently estimated at $409,148, approximately $217 per square foot. This property was built in 1919. 370 Lincoln St SE is a home located in Marion County with nearby schools including McKinley 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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