NOT LISTED FOR SALE

3822 Bayonne Dr SE Unit 3828 Salem, OR 97317

Meadowlawn Neighborhood

Estimated Value: $695,000 - $859,000

8 Beds
5 Baths
3,916 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $545,000 $139 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,535/month

13 Days on Market

Highlights

  • Golf Course View
  • Living Room with Fireplace
  • Shed
  • Deck
  • Patio
  • Washer and Dryer

About This Home

As of August 2018

All four units fully occupied with great renters. Many nice updates in all four units, Washer/ dryer included in unit 2 and 3. Two townhouse style 2/1.5 units and two ground level units 2/1. Views of golf course. Great location and income.

Last Agent to Sell the Property

Colleen Benson

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP License #961200091 Listed on: 06/05/2018

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

Last Buyer's Agent

Alex Elder

MORE REALTY License #201214320

MORE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1971

Lot Details

  • 10,000 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 3,916 Sq Ft Home
  • Living Room with Fireplace
  • Laminate Flooring
  • Golf Course Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Operating Expense $8,000

Listing and Financial Details

  • Legal Lot and Block 10 / 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,000

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Electric
  • Syndicated Remarks: All four units fully occupied with great renters. Many nice updates in all four units, Washer/ dryer included in unit 2 and 3. Two townhouse style 2/1.5 units and two ground level units 2/1. Views of golf course. Great location and income.
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room
  • Flooring: Laminate
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Laundry: W/D Hookup, W/D Included
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Deck, Patio
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Brick, Cedar
  • Siding Style: Lap
  • View: Golf Course

Utilities

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

Lot Info

  • Acres: 0.23
  • Estimated Lot Sq Ft: 10000
  • Flood Plain: Unknown
  • Lot: 10
  • Zoning: RM
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 8000

Multi Family

  • Gross Sched Income: 50580
  • Number Of Units: 4

Tax Info

  • Tax Amount: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Aug 8, 2018
Sold by
Sabbatical Investments Holdings Llc
Bought by
Martinsen Jared G
Seller's Agent
Colleen Benson
KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP
Buyer's Agent
Alex Elder
MORE REALTY
List Price
$525,000
Sold Price
$545,000
Premium/Discount to List
$20,000
3.81%
Current Estimated Value
$774,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,108
Avg. Annual Appreciation
4.98%
Original Mortgage
$366,000
Outstanding Balance
$317,856
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$456,252

Purchase Details

Closed on
Jul 25, 2017
Sold by
Keybank National Association
Bought by
Sabbatical Investment Holdings Llc

Purchase Details

Closed on
Jan 12, 2017
Sold by
Long Janis L
Bought by
Keybank National Association

Purchase Details

Closed on
Dec 13, 2016
Sold by
Long Janis L
Bought by
Key Bank Na

Purchase Details

Closed on
Jun 30, 2016
Sold by
Long Janis L
Bought by
Vantage Homes Llc

Purchase Details

Closed on
Aug 8, 2001
Sold by
Long Janis L
Bought by
Long Janis L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martinsen Jared G $530,000 Fidelity National Title
Sabbatical Investment Holdings Llc $302,000 Fidelity Natl Title Co Of Or
Keybank National Association $215,000 None Available
Key Bank Na $215,000 None Available
Vantage Homes Llc $6,000 None Available
Long Janis L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinsen Jared G $366,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $545,000 +3.8% $139 / Sq Ft
06/05/2018 06/05/18 For Sale $525,000 -3.7% $134 / Sq Ft
06/05/2018 06/05/18 Off Market $545,000 -- --
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 $5,700 $331,390 -- --
2023 $5,395 $321,740 $0 $0
2022 $5,253 $312,370 $0 $0
2021 $5,205 $303,280 $0 $0
2020 $4,896 $294,450 $0 $0
2019 $4,788 $285,880 $0 $0
2018 $4,947 $0 $0 $0
2017 $4,000 $0 $0 $0
2016 $3,838 $0 $0 $0
2015 $3,800 $0 $0 $0
2014 $3,363 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Benson

    Seller's Agent in 2018

    Colleen Benson

    KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

    (503) 830-9467

    1 in this area

    834 Total Sales

    Colleen Benson
    Section Image
  • Alex Elder

    Buyer's Agent in 2018

    Alex Elder

    MORE REALTY

    (503) 507-1185

    53 Total Sales

    Alex Elder
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 734514

Willamette Valley MLS

APN: 556873

Oregon Marion County Salem 97317 Meadowlawn

3822 Bayonne Dr SE Unit 3828, Salem, OR

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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