NOT LISTED FOR SALE

390 22nd St SE Unit 398 Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $319,000 - $385,000

3 Beds
2 Baths
1,565 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $280,000 $179 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,165/month

3 Days on Market

Highlights

  • Private Yard
  • Living Room
  • Forced Air Zoned Heating System
  • No HOA
  • Laundry Room
  • 4-minute walk to Mill Race Park

About This Home

As of March 2020

Great opportunity for multi-generational, dual living, or rental income! 2 homes on one tax lot with possible room for a 3rd unit (buyer to verify). Big house has 2 beds, 1 bath and an office. Small house is a 1 bed, 1 bath unit. Both units have indoor laundry. Large fenced yard and off-street parking. Fiber cement siding and good location for Willamette University. #398 is 1,037 square feet on one level with 2 bed, 1 bath. #390 is 2 story with 528 square feet and 1 bed, 1 bath.

Last Agent to Sell the Property

Ray Beaty

Paramount Real Estate Services License #970500048 Listed on: 01/21/2020

Last Buyer's Agent

Alvaro Suarez

Hot House Team Co. License #200306136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,343

Year Built

  • Built in 1910

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 50 x 160
  • Private Yard
  • Property is zoned RS

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Apartment Living Space in Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Richmond Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 568209

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,343

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1910
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: Laundry
  • Basement: SeparateLivingQuartersApartmentAuxLivingUnit
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 90
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Other Room9 Area: 56
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Richmond
  • High School: South Salem
  • Middle Or Junior School: Leslie

Lot Info

  • Farm: No
  • Zoning: RS
  • Lot Size Acres: 0.18
  • Lot Size: 50 x 160
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 568209

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 2342.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Mar 31, 2020
Sold by
Heine Tyler J and Heine Jeanne M
Bought by
Sebastian Rachel Elizabeth and Sebastian Sandra
Seller's Agent
Ray Beaty
Paramount Real Estate Services
Buyer's Agent
Alvaro Suarez
Hot House Team Co.
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
$354,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,413
Avg. Annual Appreciation
4.47%
Original Mortgage
$270,655
Outstanding Balance
$242,350
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$112,063

Purchase Details

Closed on
Jun 16, 2008
Sold by
Prantl Lee and Prantl Donna M
Bought by
Heine Tyler J and Oehrtman Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2003
Sold by
Klatt Eric W
Bought by
Toyu Beverly
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
Sebastian Rachel Elizabeth -- Amerititle
Heine Tyler J $150,000 Fidelity Natl Title Co Of Or
Toyu Beverly $99,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sebastian Rachel Elizabeth $270,655
Previous Owner Oehrtman Jeanne M $117,700
Previous Owner Heine Tyler J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $280,000 -1.8% $179 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $285,000 -- $182 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $2,813 $143,270 -- --
2023 $2,730 $139,100 $0 $0
2022 $2,574 $135,050 $0 $0
2021 $2,501 $131,120 $0 $0
2020 $2,428 $127,310 $0 $0
2019 $2,415 $123,610 $0 $0
2018 $2,384 $0 $0 $0
2017 $2,152 $0 $0 $0
2016 $2,050 $0 $0 $0
2015 $2,065 $0 $0 $0
2014 $1,999 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20008714

Regional Multiple Listing Service (RMLS)

APN: 568209