NOT LISTED FOR SALE

3745 La Branch (-3759) St SE Salem, OR 97301

Meadowlawn Neighborhood
3 Beds
2 Baths
1,452 Sq Ft
0.43 Acres

Last Sold December 08, 2023

Last sale price $319,000 $220 Per Sq Ft

32 Days on Market

Highlights

  • 0.43 Acre Lot
  • Territorial View
  • Tile Flooring
  • Family Room with Fireplace
  • Mud Room
  • Landscaped

About This Home

As of December 2023

This investment property offers so much potential. Currently being used as two single-family residential rentals that sit on .43 acre lot. This lot is currently zoned Commercial Retail. The 2 rental units stay rented and have much upward mobility as residential rental units or future Commercial Retail development.

Last Agent to Sell the Property

Sean Keene

REGER HOMES, LLC License #200612050 Listed on: 10/19/2023

Last Buyer's Agent

DANIEL GONZALEZ

MORE REALTY License #201236975

MORE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • Landscaped

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • Mud Room
  • Family Room with Fireplace
  • Territorial Views
  • Electric Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Four Corners Elementary School
  • Houck Middle School
  • South Salem High School

Utilities

  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • La Branch Subdivision

Listing and Financial Details

  • Exclusions: All tenant personal property
  • Tax Lot 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,617

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric
  • Syndicated Remarks: This investment property offers so much potential. Currently being used as two single-family residential rentals that sit on .43 acre lot. This lot is currently zoned Commercial Retail. The 2 rental units stay rented and have much upward mobility as residential rental units or future Commercial Retail development.
  • Cross Street: Lancaster
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: All tenant personal property
  • Fireplace: Family Room
  • Flooring: Tile, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 219.7
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 260.33

Exterior Features

  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Electric
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Four Corners
  • Middle School: Houck
  • High School: South Salem

Lot Info

  • Acres: 0.43
  • Estimated Lot Sq Ft: 18730
  • Lot: 7
  • Price Per Acre: 879069.77
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 552584
  • Tax Amount: 2617

Multi Family

  • Number Of Units: 2

MLS Schools

  • HighSchool: South Salem
  • Middle School: Houck
  • Elementary School: Four Corners

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $319,000 -15.6% $220 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $378,000 -2.6% $260 / Sq Ft
10/27/2023 10/27/23 Price Changed $388,000 -2.5% $267 / Sq Ft
10/19/2023 10/19/23 For Sale $398,000 -- $274 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 810600

Willamette Valley MLS